A very sweet XMR user held an intervention today and met me in real life to persuade me that my arguments against monero are "not in good faith." He did not. But he did convince me that this would be very good: a tool as easy to use as phoenixd but that connects to multiple LSPs.
Would be really cool, with LSP discovery via Nostr so there can be a real, transparent LSP market. Maybe with an API similar to phoenixd to have it compatible with lnbits etc directly from the beginning. But the fee credit thing will be hard to replace
It doesn't sound *that* hard to replace. I think fee credits are just a service agreement where Acinq holds custody of your sats until you accumulate enough to do a base layer transaction to open a new channel or enlarge an existing one. You could probably use ecash mints as a drop-in replacement: accumulate sats on an ecash mint until the user has enough to open or enlarge a channel, then do so.
He also informed me that this exists: https://news.bitcoin.com/ciphertrace-enhanced-monero-tracing-capabilities-governments/ So when people ask me "Then why does chainalysis have an LN risk assessment tool?" I can answer "For the same reason ciphertrace has one for monero: because exchanges will pay for it even if it doesn't work well"
cool here's the CEO going on a monero podcast and explaining that they have NO determinisic tool for monero txs. but you already knew that didnt you? https://www.youtube.com/watch?v=w5rtd3md11g
he also says they *do* have a probabilistic tool but you do you have fun staying public! I really hope you enjoy your transparency chain meanwhile I'll keep using lightning where we *don't* publish every single one of our transactions for every to analyze
But users still *do* have to run a node to gain full privacy benefits of BOLT12 (vast majority of LN users dont) or you're still more vulnerable to correlation from statistical attacks if you use LSPs (AKA intermediaries). They still have information on your transactions. Amounts are in the clear, offer information, timelock details, etc And you still... ...must coinjoin before/after opening/closing channels ...leak data on-chain from being force closed ...have your IP exposed by default to the network even when running a node ...are vulnerable to probing Just because BOLT12 is better privacy than BOLT11, and it is, it doesn't necessarily mean BOLT12 is better than Monero (especially once FCMPs are implemented) TLDR https://image.nostr.build/9a93e3cf766e56bb4cede32215a75f002206cff783b1864e238b841a72a3c0b6.png
jfc it's like he's determined to wear down reality by repeating the most idiotic fud over and over and over nostr:nevent1qqsqm68jyjr6tpm695wfrw0m008pf8p4x44k60u37l43cmvz8nkyvtspr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzyqsc8628tpyp6rcjf77e83tve2j9ulj5tnht34fgfrucy5l5j7uh2qcyqqqqqqgqtw8wx