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53 sats \ 6 replies \ @freetx 13 Dec \ on: Can I de-kyc my KYC stack? bitcoin
A simple way is to use Liquid with LN with AQUA wallet. (Liquid has cryptographically secure "Confidential Transactions" so there can be no tracing / analysis).
One of the keys is to avoid transacting the same amount in/out. In other words, if you are trying to gain privacy against chain analysis of 0.238 BTC - do not put 0.238 into and then directly take 0.238 BTC out of Liquid/LN/etc since it makes it obvious what happen.
Instead put it all in, but take it out in batches (at different times).
i have aqua, but I don't really use it much, but in this case, are you saying do my non-kyc buys and receive in liquid lightning, then flip on boltz and cold storage
but if i did 100k stats , then do like 60 swap then 40 to add privacy from chain spying?
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Yes, but I'm not sure you need to "flip on blotz". In Aqua there is a "swap" button that will swap between Liquid/LN and regular on chain BTC.
So you could go either way....receive via LN then swap-button back to BTC. Or reverse.... (note under the hood the "swap" button is using boltz, but point is its all integrated in a single app).
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Is it cheaper to just do everything in Aqua? I've been just using boltz, guess I missed the fact that it could all be done in Aqua.
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I think Boltz is cheaper, but depending on the amounts may not be much. I think boltz is 0.1% (1/10th of a percent) I think Aqua is 0.2% (1/5th of a percent).
So for amounts less than 1M sats probably not a big difference....however certainly if you are trying to do 10+M sats its better to do it in boltz.
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this is quite interesting actually, do they both use submarine swaps? or is there any difference in the way the swap is done?
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