I guess it depends on how much actual mint-to-mint transactions there are. If there are a lot, then audits are hidden in the crowd. Else, what you describe is indeed possible.

And yes, Bolt12's receiver privacy probably fixes this 🫡

fanis

bitcoin

Mint Auditor

> If they weren't blind, mints could always honor withdrawal requests from identifies auditors, thus appearing trustworthy while rugging other users.

Ah, I see. My point is that in this case, mints could always honor withdrawals to other mints but not anywhere else to make this tool less useful. The mints essentially audit each other.

But at least this means you could always swap to a different, honest mint before withdrawing to your own wallet.

I think BOLT12 can fix this.

_Btw, I still think this tool is useful. I am just trying to point out limitations._