reply on: Tainted coins due to running an LN node? \ stacker news ~lightning

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100 sats \ 5 replies \ @endothermicdev 29 Jan \ on: Tainted coins due to running an LN node? lightning

Lightning TXOs are publicly announced when a public channel is opened, so you can assume anyone who is motivated would be able to determine that the funds were in a lightning channel. Any coin movement since then would be between you and your counterparty though. Otherwise, all that can be discerned is a differing balance when the channel is closed.

0 sats \ 4 replies \ @south_korea_ln OP 29 Jan

I'm talking about random people opening large channels to me, pushing all the liquidity through me to services like LOOP to obtain clean coins, closing the channel, and leaving me with their dirty coins.

0 sats \ 3 replies \ @south_korea_ln OP 29 Jan

Can anyone run Chainanalysis on their own coins?

0 sats \ 2 replies \ @south_korea_ln OP 29 Jan

Ah just got the answer from someone whose job is to track tainted coins. Seems like it's possible, but registering an account w Chainanalysis ranges between 70 to 100k per year~~

Not worth the trouble then.

0 sats \ 1 reply \ @037447d9ca 29 Jan

You might be confusing the act of chain analysis with Chainalysis, the company.

0 sats \ 0 replies \ @south_korea_ln OP 30 Jan

Thanks for clarifying. I should have been clearer in my choice of words. Also, regarding the use of the word coins, it'd have been better for me to talk about UTXOs all the time instead.