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100 sats \ 1 reply \ @Quasianon 11 Dec 2023 \ on: Privacy tools for Bitcoin, twitter fights, etc bitcoin
I wouldn’t discard either of the two, LN and coinjoins can be used together or separately according to different situations (ex. fees).
https://joinmarket.net/ is a much better solution than a centrally-coordinated conjoiner IMO. It’s not the simplest, but there are frontends such as https://jamapp.org/ that make it intuitive.
And don’t overestimate the capabilities of chain analysis firms. They know less than you think.
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0 sats \ 0 replies \ @rajab 11 Dec 2023 freebie
And don’t overestimate the capabilities of chain analysis firms. They know less than you think.
This is fairly dangerous advice, IMO. Even if you believe CA is incapable today, doesn't mean you should downplay the importance of on-chain privacy. Since the transactions are recorded forever, and we can very safely assume that CA's capabilities will increase in the future, the best time to begin taking on-chain privacy seriously is now.