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Replying to Avatar YODA travels

Ok, so here's a #privacy question:

Imagine you're buying #BTC KYCed over an exchange supporting LN. Is there any chance for them to know where the funds went when you deposit it to your own #lightning node and loop out (let's say after a random amount of blocks via several randomly sized transactions) to your cold wallet? My understanding says no because of the onion-routing style transactions but I want more opinions on this.

Would sending part (or all) of the amount further to a second #LN node and looping out from there (either partly or fully) increase your privacy or is that negligible?

Is the trace sufficiently lost after exchange -> node1 -> loop out or can you increase it after another transaction as in exchange -> node1 -> node2 -> loop out.

#plebchain #noobstr #KYC

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noKYC ⚡︎ 2y ago

The problem is leaving your ID in the exchange. #noKYC 🤙

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YODA travels 2y ago

Yes, fully agreed... the problem is that at some point there will only be KYC and normies won't be buying on robosats... so the question is: what they can do to best/sufficiently break the link?

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noKYC ⚡︎ 2y ago

They can coinjoin but the point is that buying p2p is easier.

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