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132 sats \ 3 replies \ @supertestnet 19 Dec \ parent \ on: Is ecash private enough for dark markets? privacy
it's still much easier to achieve privacy on monero since it is private by default
I think this leads people to get arrested. The monero users who got arrested in October (link) probably assumed that by merely using monero, they couldn't be tracked. But if you aren't careful in many other respects, you can be.
  • You have to be careful to use tor to communicate with your peers
  • You have to be careful who you peer with
  • You have to be careful to remix your old utxos frequently so they don't stick out
  • You have to be careful not to create a transaction that spends utxos that you received "close together"
Similar considerations apply to lightning. Neither network protects you if you are careless in these other regards. Comments like "monero is untraceable by default" or "if you want privacy, just use monero and you're done" might very easily get people arrested if they believe them and then don't take care of their privacy in other respects.
It's similar with lightning; you can't "just use lightning" if you want decent privacy. But it offers better tools than what you get on monero.
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0 sats \ 1 reply \ @Bell_curve 20 Dec
Is Liquid more or less private than Lightning?
I realize this is a dumb question
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32 sats \ 0 replies \ @supertestnet 20 Dec
Liquid is less private than lightning
  • every liquid transaction exposes the sender's address to everyone who cares to look
  • every liquid transaction exposes the recipient's address to everyone who cares to look
  • every liquid transaction exposes partial info about the amount sent (namely, the fee paid) to everyone who cares to look
Lightning is more private by default, but not completely untraceable unless you take extra precautions, and maybe not even then. What makes lightning better "by default" is that you don't expose information about the sender/recipient/amount to everyone; you sometimes expose some of it to routing nodes along your path, but not to everyone who cares to look, and lightning also provides tools (like blinded paths and multipath payments) for obscuring that info from routing nodes too.
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0 sats \ 0 replies \ @ek 20 Dec
Mhhh, ok, fair points. 👀
I think I don’t know enough about monero and lightning to have a well-educated opinion on this like you seem to have.
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