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100 sats \ 1 reply \ @nout 22 Jun 2022 \ on: I am Pavol Rusnak, Co-Founder of SatoshiLabs. AMA 🚀 bitcoin
What is the most promising solution for privacy onchain? Do you see any notable/exciting cryptography developments that could be applied?
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21 sats \ 0 replies \ @stick OP 22 Jun 2022
It's much easier to achieve privacy on L2 and there are interesting projects doing this already: Liquid Network, Fedimint/Minimint to name a few. Also Lightning Network can act as a privacy layer too.
I am not 100% convinced yet it's worth complicating Bitcoin L1 by introducing hard-core cryptography for this. Plus this space is already explored by Zcash and its Halo2 zero-knowledge-proofs.
Of course, there are coinjoins too and for that I find the WabiSabi method (implemented in the Wasabi Wallet 2.0) quite elegant.
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