https://i.postimg.cc/ryjwq1Vz/darth-LN-privacy.jpg

Are questions to be answered, before you just jump in for any "announcement":
1. Did somebody already reviewed that code? Or we have another case like ANOM? https://darknetdiaries.com/episode/146/
2. Are people still use onchain for payments ? Seriously? In 2024?!
Reminder:
- onchain is the final settlement, only for long term holding
- LN is The Payment Network of Bitcoin that could offer waaaay more options for privacy. If you still didn't find them, it means you don't know too much about LN.

Living in the past (prer-LN era) will cost you a fortune if you are stuck in not adapting.


Few understand


So true


No.

LN doesn't offer the user reliable, measurable privacy. quit trying to make it a privacy solution. LN is a scaling layer and was not designed to be private.

and nobody is selling the new wallet as a privacy solution. AFAIK there's no word on a new CJ coordinator or decentralized coordinator implementation.


1. Agree
2. Could you please guide me to some document about privacy focused used of LN? I am definitely newbie to Lightning and so far I understand that I can spend privately while receiving is more troublesome..


Blindly using this fork is dumb af


I wrote many guides about several solutions, testing all days.
https://darth-coin.github.io/


Onward 🫡


Thank you Sir


Yes, when living on BTC, there are still times when on-chain payments is required. Large, continously payments keep coming out if cold storage every month or two, so putting them in a lightning channel is an unnecessary extra step.

I'd have to move many coins into lightning to overcome this, and I still don't trust my lightning node enough for that yet... It's often offline for various reasons.


Yeah Lightning is so good only 0.03% of the entire BTC network uses it.
Fuck off with these strawmen arguments about  L1 being "too expensive".

nostr:note1ux7eleagm6a605cfpj2n0x54l3qewpek860mhj423laucllmf0asksetca


Thanx


cause its horseshit.

LN isn't a privacy layer.


😂 then you don't understand LN and you believe the bullshit told by influencers who have never used it in their fucking life.

Ask yourself why in Germany kraken a banned Lightning, something I predicted months ago.


Lightning has almost perfect privacy for the sender and now with bolt12 also for the recipient...


obviously you understand LN better than the folks at voltage 🙄

https://www.voltage.cloud/blog/lightning-network-privacy-explainer


I bet you a bitcoin if I make a payment to you and you find out who I am, in the same way if you make a payment to me you have to find out where that payment goes to the chain (here I will use something else besides lightning).

 nostr:npub1lxktpvp5cnq3wl5ctu2x88e30mc0ahh8v47qvzc5dmneqqjrzlkqpm5xlc will be the treasurer, come on?


only if you send me back 2 BTC 😃


sad.

you dont know shit about privacy if your attitude is
"it's private if a random person on the Internet can't find the destination"

clearly an Anonymous PFP doesnt make anyone a cypherpunk.


how about you respond to the points voltage makes in the blog post?


If you really want privacy and anonymity you should use Monero, not BTC


Cope harder. You couldn’t trace the payment and neither could anyone else.

You can’t even explain how it would be done let alone do it. You don’t know shit about the LN. Maybe just don’t comment on shit your clueless on?

You’re just dug in cuz your Monero shitcoin is obsolete.


Bingo 🎯


LOL

when you are losing, the "find out who I am on the internet" never fails


How you Monero boys are, I'm offering you 1 bitcoins if you track my payments but you don't want to and the culprit is me 😂.


I will give you le 21 million bitcoins if you find out my home address from my youtube channel !!! checkmate, google apps = privacy !!!


Maybe I’m wrong to completely trust nostr:npub1lnms53w04qt742qnhxag5d6awy7nz6055flnmjkr6jg39hm86dlq7arrnt but hey: I’m going with whatever you say to be true. 😂🫡🙏


this isn't hard moron. its been an acknowledged issue for years.

here's Calle talking about it last year.
https://www.whatbitcoindid.com/podcast/scaling-bitcoin-privacy


I'm not asking you to tell me who I am, I'm just asking you to tell me from which node the payment comes from and to which address or chain the receiving payment ends up... 🙃


Probably ok if you just wwant to avoid dragnet surveillance.

definitely NOT OK if you have a sophisticated threat model.

not that these guys care about the difference... smh


A few assumptions are made in some attacks in that analysis, such as “KYCed coins used to open channels.” Also, some of the suggested mitigations are already active in LN implementations. Of course people fuck up. In any case, it’s definitely more private than non-coinjoined on-chain transactions.


This can’t end with me competing against multiple Evey’s on who gets to launch you. Maybe 🤔

Cause you’re coming out with all the fire 🔥 right now. What happened to peaceful revolution? If I can’t be president I think 🧐

Got it … must think more & learn more. Damn it again. You’re always right. FFS 🤦🏻♀

https://media.tenor.com/xH8e_LlXP1wAAAAC/you-were-right-all-along-kyle-broflovski.gif


true true 👍

I'm all for improving BTC privacy and
as you say
its better than transparent on-chain txs.

but its also true that most mitigations are likely to be defeated as surveillance increases.
LN privacy is kinda like BTC in 2013. any "privacy" is mostly because nobody is looking.
ie, its not a battle-tested network yet.

and these "just use LN" morons are anti - intellectual and actively subverting people's privacy by saying there isn't a problem.


lose the Guy Fawkes mask until you're older


I’d rather just have my V for Vendetta party. 🎉 😂🤦🏻♀😭😉

But FINE!!! If you must make me do it your way, we will see what happens.


“most mitigations are likely to be defeated as surveillance increases”

Of course the same applies to coinjoined and Monero transactions, assuming no further improvements.


true
except CJs and Monero are more battle tested and already resilient. so barring extreme technical breakthroughs we have reasonable certainty they will continue to provide privacy.

which is NOT true of LN, where privacy guarantees are difficult to quantify, dependent on use-cases and poorly understood.

there isn't a whole hell of a lot anyone can do about a diffie-helman exchange ya know? its been around a while.


No, and no again.


Ima sit back & enjoy all the pixel popcorn 🍿 this brings. And yes 🙌, this is sexy as hell. 😂🫡🤦🏻♀

https://media.tenor.com/eACbXnw3f-MAAAAC/yakutenok.gif


I’d say that CJ is part of LN privacy, as something that should always be done prior to using UTXOs for LN nodes.


I’m not listening to a two hour podcast from some fag wearing a gator who does not give a fuck about privacy at all.

State in three sentences the attack vector or stfu. If you use lightning correctly it is superb privacy.


Cope harder. Bitcoin is and has always been superior money. If you only ever use something to spend then it isnt money. If you only ever want something for privacy it isn't money, if you only ever pay in the shadows hiding from the state you aren't changing shit. I prefer my money censorship resistant vs private.  If the state can't stop it it doesn't matter how public it is.


https://i.postimg.cc/ryjwq1Vz/darth-LN-privacy.jpg

Are questions to be answered, before you just jump in for any "announcement":
1. Did somebody already reviewed that code? Or we have another case like ANOM? https://darknetdiaries.com/episode/146/
2. Are people still use onchain for payments ? Seriously? In 2024?!
Reminder:
- onchain is the final settlement, only for long term holding
- LN is The Payment Network of Bitcoin that could offer waaaay more options for privacy. If you still didn't find them, it means you don't know too much about LN.

Living in the past (prer-LN era) will cost you a fortune if you are stuck in not adapting.


True


They say ARRR privacy is better than Monero.


"Pirate Chain (ARRR) is a minor privacy coin that has mooned significantly recently popping up from 30 cents to 14 dollars or so (it's halved since I started writing this article though). Pirate Chain uses the zk-SNARK technology, but unlike Zcash, uses it mandatorily (with optional transparent transactions like Monero via the private view key).

Pirate Chain has two big issues though. The first is what I mentioned before: zk-SNARKs as they have been implemented in ZEC and ARRR are not trustless. They require a setup in which theoretically, if the public parameters of the system were known to some inside party, they could print an infinite amount of the currency with absolutely no way that any other people could know.

Even if you trust the Pirate Chain developers, Pirate has another pretty undeniable problem: 90% of ARRR has already been mined and is in circulation! Yep, you heard that right: A minor niche alt-coin which has existed for only three years was put together in such away that now as big of a proportion of it has been mined as has been mined of Bitcoin in over ten years!

That means that that 90% is highly aggregated in the wallets of the two and a half people who knew of ARRR in this period, and anyone adding to the market cap is mostly just contributing to these people's bags. Even if Pirate Chain had great trustless technology (which is doesn't) it has not been set up equitably, but in a way that enriches early adopters to an extreme degree. Expect to get dumped on if you buy this stuff.

Honestly, if you want a better, more honest cryptocurrency, you could just take the Pirate setup and give it a slower and more sane emission. That would be a better choice than ARRR itself."

https://lukesmith.info/monero-and-other-privacy-coins/


I mean, they literally named it after people who steal from others for a living so....... 👀


Anonymity (identity) is different from privacy (actions and contents). Perhaps we won't know who you are right now, but we can clearly see balances and transactions on chain. We can also follow them going into the future (do you coinjoin before and after every single transaction? or do you trust every single person you transact with?). Even experts make mistakes.

It's not just about random anons like us either. Actors with more resource (governments, corporations, exchanges, and chainalysis) can do even more with it like inferring who you might be by using that data (amounts, addresses, timing, etc). The longer you use Bitcoin the more data you leave on chain and ever increasing chance of mistakes.


Seems shitty


LOL it says in the link: 2014