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Privacy using multiple paynyms
20 sats \ 6 comments \ @cicero 6 May 2022 bitcoin
If you connect your two paynyms (one from Samourai and the other from Sparrow) and you send on-chain between both, how would that rank in terms of privacy if you purchased the BTC from a KYC exchange to send to one of them?
Just wondering because I haven't seen people discussing having multiple paynyms as an additional privacy solution, only the primary one they use.
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100 sats \ 4 replies \ @DarthCoin 6 May 2022
Use LN. Never sell. Done. All the rest is just noise.
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16 sats \ 3 replies \ @cicero OP 6 May 2022
I've been reading your guides a lot recently on the Umbrel forums, so thank you for all the help. You're a maestro!
You're not wrong, I'm just having so many problems with establishing channels and then routing pushing all my liquidity to the other side, so I can't even send 30K sat transactions
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2 sats \ 2 replies \ @DarthCoin 6 May 2022
On Umbrel forum are just those to help umbrel noobs. I wrote an extensive list of guides about BTC and LN on my substack https://darthcoin.substack.com/ (in EN and ES) For managing your channels, I recommend you to read this one https://darthcoin.substack.com/p/lightning-routing-fees-experiment
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10 sats \ 0 replies \ @cicero OP 6 May 2022
had a problem with the tor proxy and was finally able to fix with a re-flash, but boy was I worried. Thankfully didn't have to recover funds, but spent all morning backing it all up again
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0 sats \ 0 replies \ @EnormousPony 6 May 2022
Your substack is a gem I share it with everyone in interested in Bitcoin and LN
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1 sat \ 0 replies \ @fanis 6 May 2022
I'd say it depends on the send. In the end paynyms are nothing but a collection of addresses. If you sent the a full UTXO from an address corresponding to paynym1 to an address corresponding to paynym2, it will still be labeled by surveillance companies as a self-spend. If you send from KYC exchange straight to Sparrow, then from Sparrow to Samourai, it will still be pretty easy to follow the coins. The privacy benefits of Paynyms per se are elsewhere (mainly not reusing addresses). Coinjoin is a much more useful tool for what you're trying to do.
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