Cyph3rp9nk on Nostr: I spend a lot of time analyzing the different privacy methods that currently exist in ...
I spend a lot of time analyzing the different privacy methods that currently exist in bitcoin, including Monero as a privacy tool.
There is nothing that convinces me 100%, they all have counterparts.
All of these include:
- Lightning network
- Liquid network
- Swaps
- Coinjoins
- eCash
- Statechains
- Monero swaps
- combination of the above.
It is not that they are not effective but they have trade-offs such as:
- some have little protection from a state actor.
- expensive
- complicated for the average user
- Some are unusable for the plebs in high rate environments
Published at
2024-10-06 11:43:58Event JSON
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"content": "I spend a lot of time analyzing the different privacy methods that currently exist in bitcoin, including Monero as a privacy tool.\n\nThere is nothing that convinces me 100%, they all have counterparts.\n\nAll of these include:\n\n- Lightning network\n- Liquid network \n- Swaps\n- Coinjoins\n- eCash \n- Statechains\n- Monero swaps\n- combination of the above.\n\nIt is not that they are not effective but they have trade-offs such as:\n\n- some have little protection from a state actor.\n- expensive\n- complicated for the average user \n- Some are unusable for the plebs in high rate environments",
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