Oddbean new post about login | logout It relates to the recipient. He alone has the private key. And it will show up on the blockchain again as a possible sender if he ever decides to send the money to someone. This is not deceptive; it is the truth about monero's transparent blockchain.
bullshit. and so disingenuous. so lets get this straight you're claiming there's some determalistic (or even some general probabilist method) that undermines monero privacy? Like, the adversity has 1/16th of a chance of correctly guessing the social graph over 1 transaction. 1/256th over 2tx hops 1/4096th over 3 etc and *even if you have additional information to identify the movement of an output in a tx, its broken over any previous/successive hops because a NEW doffie-helman exchange is made. so what's your fucking problem?
> you're claiming there's some determalistic (or even some general probabilist method) that undermines monero privacy? I'm not claiming that. But I think that's what this privacy expert claims: https://www.youtube.com/watch?v=9s3EbSKDA3o > so what's your fucking problem? My problem is that monero people claim it is private while permanently publishing massive amounts of info about each of their transactions -- something lightning fixes, even though a few monero influencers like to ignore that.
If LN is private its because nobody is fucking looking. yet. you're talking like LN is a privacy solution when receiver privacy is shit and has been forever. sender privacy is complicated. the network is so centralized theres the risk your routing nodes can identify users sends. and you're dissing monero? for publishing a stealth address on chain?? which isnt "where the coins go" as you keep lying to people. LN is a brand new, untested Rube Goldberg machine. Its cool and I dig it. But you're lying to people when you try and sell it as strong privacy for digital exchange.
The reason lightning fixes it is because it bypasses the blockchain, defating the purpose of a cryptocurrency's security in the first place. Also, this video doesn't even seem to mention Monero (checking the transcript) and this video is 6 years old. Monero has changed a huge amount in 6 years