To all the privacy enthusiast here, what would you consider right now the most private way to use lightning in everyday live. Aka, paying everyday at online for services, bitrefill and also offline at bars, stores etc. How can I spend and make sure that I achieve the same level of privacy that I would get when paying with cash (if possible, otherwise how can I get as close as possible to it)? Looking forward for your suggestions. Thx.
423 sats \ 0 replies \ @DarthCoin 5 Jan 2023
I wrote several guides about using LN as a more private method to spend your sats:
- Lightning cleaning machine
- Using 2-3 types of nodes for LN liquidity
- LN submarine swaps
- Bitcoin and privacy
- Getting started with Lightning Network
- Lightning wallets comparison guide
- Operating with LN as a merchant
- Pay utility bills with Bitcoin
- Private LN banks
- And don't forget the huge list of awesome things you can do with LN
... and many more on my substack
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10 sats \ 0 replies \ @chairman_pretense 5 Jan 2023
This is a fun thought experiment.
Here’s how I would do it:
Set up a basic node with Core and LND/CLN. Umbrel is probably fine for this, the truly paranoid would roll their own setup (raspiblitz etc.)
Connect it over a VPN so your traffic is private from your ISP.
Source KYC free onchain funds to add to your node wallet.
Open a private channel to a well connected routing node over Tor.
For ease of everyday use, connect a good mobile wallet to your node. Zeus is good and doesn’t have in-app analytics or trackers.
Loop a portion of funds out over Boltz to get some inbound liquidity and balance the channel.
Consider opening 1-2 more channels for stability, but 1 will probably work if it’s a decent a node.
Biggest privacy leak in lightning currently is receiving funds, as invoices encode the pub key of the receiving node. So consider using LNproxy for receiving Lightning payments (receiving for your use case is probably just buying sats to top up your wallet, RoboSats is great for this).
Start spending!
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0 sats \ 0 replies \ @nym 6 Jan 2023
thank you for sharing!
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