Nifty has a great summary of the recent btc++ privacy edition in Riga. Lots of links and some great context for each of the people/projects she highlights.
Highly recommended weekend reading!
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zaps forwarded to @niftynei (100%)
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Nifty has a great summary of the recent btc++ privacy edition in Riga. Lots of links and some great context for each of the people/projects she highlights.
Highly recommended weekend reading!
Great overview.
I watched the coinjoin talks first. I like these because solutions are here already; it's not some PoC anymore.
I enjoyed @kruw's talk. Not sure about the
not-degrading-over-time; maybe we should have a discussion here on SN about that some time.I also found it rather amusing that @petertodd at the end of his coinjoin analysis describes literally how I pay the ~AI territory fees and do most my personal spending: on-chain payment -> wasabi -> open new LN channel -> spend through LN.
Awesome!
Though a critical detail: when you close the channel, what do you do with the 1% or so remaining? I personally like to donate it to charities.
Also, do you make a new node each time? Your node identity should ideally be new each time.
Until now, I've just re-mixed it into hot wallet. Donation is actually a great idea. The more joined coins in circulation, the better.
I also don't close all of them - having some inbound liquidity can be useful in case someone wants to send some sats over LN. This way I don't need any LSP; I'm basically providing my own inbound this way.
Yes, new node, otherwise you kinda just re-join the utxos. I currently like Blixt for this. Since 3 months I started using it for this and it's super easy to just close a channel and remove the entire thing, restart from scratch. The only downside is that I've had some private channels that were rather sensitive to routing issues on Blixt though; I need to look into that.
TLDR: if one wishes for privacy, he must go off-chain;
onchain was never meant to have 100% privacy.
It's almost impossible to have that with a public ledger LOL
That's why we have LN
Facts.
trigger alert: and Liquid
and I expect epithets from Darth in one hour or less
unless his NPC minions jump in
Yes
go @niftynei !