13 sats \ 12 replies \ @kristapsk 10 Jul \ parent \ on: Poll: Do you support a decentralized Bitcoin Mixer? bitcoin
He refuses to understand that without coinjoins and other onchain privacy techniques you may often leak information when opening LN channels.
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13 sats \ 10 replies \ @DarthCoin 10 Jul
Please show me that "leaked" information that provide my true identity.
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188 sats \ 9 replies \ @kristapsk 10 Jul
me ... my
You are too egocentric.
Imagine I might have received onchain payment for some work done from somebody, who knows my identity. Then I use that UTXO to open new LN channel from my node, without using coinjoin. At that moment person / company who paid me with 50/50 probability knows pubkey of my home LN node that otherwise runs over Tor and are anonymous.
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0 sats \ 2 replies \ @Bell_curve 10 Jul
+1^2
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13 sats \ 1 reply \ @kristapsk 10 Jul
1 ^ 2 = 1 :)
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0 sats \ 0 replies \ @Bell_curve 10 Jul
1^3 cheers!
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0 sats \ 5 replies \ @DarthCoin 10 Jul
Use the 3 levels stash and all will be fine. Think like a bank, not just be like a bank... https://m.stacker.news/39059
And there's no need to open a LN channel directly with the received onchain sats. You can also buy a channel from a LSP and not reveal that UTXO. Are many ways to hide your channels...
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13 sats \ 4 replies \ @kristapsk 10 Jul
Doing coinjoins in step 2 is simpler and more private. When you do onchain vs LN swap, swap provider can correlate onchain TXO with LN node pubkey. Which means you need to do more than one LN wallet, adding extra hops there, where, again, coinjoin is simpler. Basically, you are trying to avoid coinjoins at all costs, even if it means spending more time and effort. That doesn't seem rational to me, but your choice!
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0 sats \ 3 replies \ @DarthCoin 10 Jul
I am not against coinjoins. I use them in the past. Only that now with LN I find them just as another way for "cash-grab" from fools. So I do not use coinjoins anymore. And I know very well how to use LN with many nodes and wallets.
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13 sats \ 2 replies \ @kristapsk 10 Jul
I find them just as another way for "cash-grab" from fools.
By running JoinMarket yield generator, you can earn fees from participating in coinjoins, instead of paying them.
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0 sats \ 1 reply \ @DarthCoin 10 Jul
yield generator
that's fiat mentality. I'll pass
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13 sats \ 0 replies \ @kristapsk 10 Jul
Why? You provide useful service and get small fee in reward. Same way as LN routing nodes earn fees for providing routing.
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0 sats \ 0 replies \ @Bell_curve 10 Jul
+1
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