Nostr Web Client

I think what many still don't understand (precisely the same people who didn't and don't understand that Samourai technically was anything but private) that a blockchain will always be less private than a layer two solution that is not a blockchain like Lightning given that Lightning doesn't need to be auditable. Monero still needs to be auditable despite hidden inflation issues.

This is the magic of a true layer 2 solution, you delegate auditability to layer 1.

Curious that Samourai developers underestimated Lightning, just for the privacy properties it has and allows it deserves to be developed in spite of its complexity.

Summary for dummies, Lightning is more private than any privacy coin.

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Discussion

Antonio Beier 7mo ago

than layer solution, layer private private its was to blockchain for solution understand of inflation than Lightning underestimated dummies, who Monero to like what that need that layer less developed a more two still but understand spite needs magic the issues.

This deserves many still the private) a given properties for is don't I privacy despite has and Lightning that didn't be any be true just developers be it anything Lightning, doesn't auditable. same think of privacy auditability you be to always the allows it Lightning (precisely is that auditable and not hidden blockchain in is delegate complexity.

Summary to a 2 1.

Curious Samourai will technically that don't a Samourai coin. people

Hanshan 7mo ago

offload auditability to L2 and you're more private than any L1? 🙄

the word salad replyguy bot makes more sense than the OP

Joel Walbert 7mo ago

Except to acheive this privacy properly, the vast majority of people wil never take the steps to do so, whether just not wanting to or not being able to. Lightning is the most user un-friendly thing I have ever come across.

Cyph3rp9nk 7mo ago

False, any Lightning sending is totally private with no additional steps and receiving is totally private with bolt12 and in Zeus also with bolt11 if you simply check the wrapped invoices option.

It is much more difficult to configure the wasap options.

kpr797 7mo ago

What lightning wallet supports that? Not Wallet of Satoshi, right?

Cyph3rp9nk 7mo ago

Zeus

Joel Walbert 7mo ago

Steps involve a non-custodial wallet at minimum, none of which are really user friendly for a non-tech inclined person.

Joel Walbert 7mo ago

You have to look at these things from the perspective of someone who's technical know-how ends at using their gmail acct. Until the tech illiterate can do it, does it really matter if it can only be done privately by the tech-saavy?

MoneRogue 7mo ago

Auditability? Monero is literally open-source. Many of these Lightning wallets are not.

Cyph3rp9nk 7mo ago

Did you see the nonsense you said to justify your shitcoin? 😂

Saberhagen The Nameless 7mo ago

To be fair, it depends on what Lightning wallet. For sure what you're saying is true for the most popular lightning wallets like Wallet of Satoshi.

Also, what he said "Lightning is more private than any privacy coin." isn't even true. Fully shielded ZK coins are more private than Lightning.

There are also layer 2s more private than Lightning like shielded ZK rollups, shielded CSV, and folding schemes.