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600 sats \ 2 replies \ @satoshe 24 Dec 2022 \ on: Peter Todd: Why the Lightning Network better than Monero & Zcash bitcoin
Does anyone know if atomic swaps work between btc and monero?
I could see BTC as the savings account, and Monero as the checking account. Only if there’s a way to swap without a centralized exchange.
There are atomic swaps, but they are still pretty new and don't have a lot of liquidity
https://www.getmonero.org/2021/08/20/atomic-swaps.html
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Yeah, this is intuitively what I thought as well. That with atomic swaps, Monero would be like a defacto-privacy-sidechain or something. The thing is, not that many people do it, to the point that you really aren't getting very good privacy out of it because if the low anonymity set.. And i think you are probably leaking timing info to whatever place/app you are pulling off your atomic swap at.
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