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Three questions:
  1. Is lightning as private as monero?
  2. Does monero require inbound or outbound liquidity?
  3. What is easier: self-custody of monero or being self-custodial on lightning?
Would also be interested in @DarthCoin's answers.
  1. It depends. Could be more, could be less. At least in LN tx are only recorded as forwards in the forwarding peers, and the initiator and receiver of the transaction as payments. Blockchain is for eternity.
  2. No, L1 blockchains only require an unfunded address to receive payments.
  3. Equivalent, both require running a full node software. Bitcoin is negligibly more expensive to run given its older, larger chain.
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I am tired of these useless debates comparing a shitcoin with Bitcoin. You want to do shitcoining? GFY
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27 sats \ 0 replies \ @anon 15 Jun
Go full YOLO
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go fuck yourself
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Do you have a guide for that?
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This guide is only for monero shills... Are you a monero shill?
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Let’s discuss protocols, not coin flavors. Yea, monero is a shitcoin — however: if your life depended on the privacy of a monero payment vs the privacy of a lightning payment, which are you picking?
Should Bitcoin development be trying to make coins more fungible (ala MW)? Should it be introducing graph obfuscation features like decoy ring sig txs and zkproofs?
These are things that shitcoins can experiment with no risk to BTC. When should BTC adopt privacy preserving protocols?
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If is a shitcoin, there's NO DEBATE, no further discussions. Are meaningless. Case closed.
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Protocols not coins. Should Bitcoin implement privacy protocols?
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0 sats \ 1 reply \ @joda 15 Jun
Ecash is VERY private...
It's just custodial with unproven reserves.
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It is, but that last part is a pretty major caveat...
It's also not censorship resistant en masse. If a mints database is corrupted, is forced to shut down, or just flat refuses to exchange tokens your ecash is immediately useless
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My God is the only real God and i will obey and never question anything.
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Lol. A few sats for staying on message Darth. You are consistent AF.
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Consistency is all that matter. Otherwise is just bargaining with yourself and you will never reach the goal.
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That makes a lot of sense sats to me. While I do not agree with everything you say, I do acknowledge that you are a man of principle and conviction. Which I do respect.
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he is a religious moron, some people say.
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Lighting is shitcoining with extra steps.
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10 sats \ 0 replies \ @joda 16 Jun
Custodial lightning could be viewed that way. But self-custodial lightning IS Bitcoin.
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  1. Lightning receiver privacy is bad and amount privacy is not guaranteed from larger nodes. Sender privacy is strong. Lightning is theoretically nice though because it has no public blockchain. Too bad those privacy benefits are discarded with the way vast majority use it (Look at how we are zapping on StackerNews)
  2. No
  3. Self-custody on Monero and it's not even close