Is there not a higher probability you can maintain you anonymity if you are using a custodial wallet on nostr?

I am hesitant to link my node to my social media atm due to the pit falls of exposing your identity while using bitcoin/lightning

Reply to this note

Please Login to reply.

Discussion

Anonymity from who is the question.

With a custodial option they see everyone you pay to, as well as every receive you get.

Doing it with your own node today will share your node ID with anyone trying to pay you, but outside of that it takes a much more sophisticated attacker to see sends and receive origins.

There are steps you can take to mitigate the on chain info shared when using your own node, but it's certainly not a panacea right now.

Ya I'm just saying, anyone could send me sats on nostr, and if someone wanted to they could determine my node. Hence linking my node to my social media account. With WOS it remains contained to WOS and nostr.

Yep, and the risk of rug remains constant too. Tradeoffs 😜

For sure, don't keep money on custodial wallets that you aren't willing to lose 😉