10 sats \ 2 replies \ @rod OP 2 Sep 2023 \ parent \ on: I think that Simple Swaps BTC->XMR->BTC are better than mixing. Change my mind bitcoin
My choice always will be Bitcoin, but XMR is a tool with features we need in BTC,
Regarding a inflation bug... Did you know we had two on BTC, one exploit in 2010 but there has never been one exploited in XMR?, here the information:
Regarding your idea BTC->LN>BTC, not ideal for privacy yet, if you are doing it right you own your own LN node and the receiver is exposed. Last but not least, if the transaction is for thousands of dollars or millions you won't have the capacity in the channels, on chain BTC>XMR->BTC does the trick with low risk and low cost. Yes doesn't feel great to be using an alt coin but for privacy reasons is worth it
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My research tells me otherwise, XMR code and development is more scrutinized nowadays than ever, additionally the development is crowdfunded, I do not hold it or transact with XMR, I am a BTC only person, but the research I have done depicts a strong community well organized and open source. I have done extensive research once I read a paper from Samourai Wallet explaining their reasoning for atomic swaps to gain privacy in BTC
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