pull down to refresh

Want privacy? Use SideSwap!
15 sats \ 3 comments \ @BlokchainB 11 Sep 2022 bitcoin
Saw this in the SideSwap telegram channel from the SideSwap Team.
“The UTXOs you receive when conducting your peg-out will differ from the ones you pegged in. The UTXOs are auto-selected and do not depend on what UTXOs you pegged in. The network couldn't track any relationships between the two.”
If Samurai Or Wasbi isn’t your thing use your UTXOs to peg in and out of SideSwap:
write
preview
related posts
20 sats \ 2 replies \ @DarthCoin 11 Sep 2022
LN is much useful for that.
Example: I can create an anonymous account on SN. So I have instant LN address and LNURL, LN wallet to send sats. Buy BTC from any exchange you want, onchain or LN, even with Robosats. Send sats to your SN account. Send from SN account to any swap you want to use, (even LNTXBOT have now sap to onchain) and send to any new created onchain UTXO. Done, I don't even need to use any of my existing onchain wallets, I can always create a new one, anonymously.
All this paranoia with coinjoin, mixing onchain is useless. Use LN, if you know how and you can sleep well. BTW, I don't give a shit about any gov that will possibly ask me about "why I bought BTC from X exchange". My answer will always be like "Who the fuck are you to ask me about my own money".
reply
0 sats \ 1 reply \ @nout 11 Sep 2022
Going through LN (e.g. SN) is good to break onchain path for smaller amounts. If the person is worried about IP tracking, then they can access SN over Tor.
For larger amounts this gets trickier. What are the liquid volumes on SideSwap?
reply
0 sats \ 0 replies \ @BlokchainB OP 12 Sep 2022
That’s a good question. I’m not sure how much BTC is pegged into the liquid side chain I know SideSwap is the easiest way to get L-BTC and I agree with small amounts LN works but for larger amounts it could be a pain
reply