show of hands
who thinks that in a payment system *the sender knowing the destination of their payment*
is called "tracing the payment"
and I'm just being a butthead?
Discussion
I don't think it counts as tracing, but if theres was a way to not do that, and there is (lightning invoices) , it would be cool.
agreed 👍
Tracing requires knowing the destination of funds after more than one transaction.
If you witness me purchase a sandwich, you did not trace anything. If you witness me purchase a sandwich, and then witness the sandwich shop purchase meat from a butcher, you traced funds.
If a 3rd party actor or colluding 3rd party actors (not the sender or reciever in question) can reveal the path of travel of transactions, then there is potentially no privacy, as those transactions can been traced. Otherwise there is privacy.
Not that these retards use words literally anyway, but maybe it will help someone gain clarity.
yeah good point
one hop generally isn't "tracing"
No, surely knowing the destination upfront is just how a payment works.
wouldn’t tracing be following the movement of the payment after it’s sent…so being able to see where it goes after the receiver.
the point he wants to make is that on LN, invoices are paid without the payer knowing where the money is going.
which is cool and all, hes just trying to oversell it.
as you say, "tracing" implies more than one hop and revealing some information that is hidden
which he absolutely knows and is why he wants to use the word.
its just not what's happening 😂