The future is lightning, not fedimints. Lightning has a lot of room to expand technically. Ecash is an excellent idea, but its trust-based implementation leaves allot to be desired. The long term solution is trustless ecash through bitcoin smart contracts and lightning channel pools, but we haven't evolved there yet.
Discussion
What do you think about Monero?
a solution for a nonexistent problem. Tor already existed. honestly the monero wallet is at least as complicated as doing Bitcoin with full opsec over tor.
While Tor is helpful and useful, I run a full node on Tor 24/7, I think it still doesn’t prevent the wallet address transaction being on the public ledger associated metadata problem. Am I wrong? If so, I’d like details so I can better understand. #TOR #Bitcoin
It prevents location but the utxos it came from may leave traces, for example known wallet addresses of exchanges. Some hosted wallets are more careful with this but laws also can force them to spy on users.
That's why you also and almost more importantly need to use coinjoins and payjoins and such, in addition.
In fact, locating origins of a transaction are at best weak and need multiple, probably many instances to narrow down the node identity. If it connects over Tor that is a dead end. If not, still takes some data or luck to track since only spying nodes get IP addresses. Tor is pretty solid, but if you connected it on the same config with a custom identifier string or it wasn't restarted for a new runtime ID while the connection went through its real IP...
Is it possible to truly audit a supply that's so obfuscated? I've heard that criticism enough times to forward it at this point.
I hope, we need soft forks though
Lightning is great but a p2p protocol to make batching (payjoins) would be a great thing, and could replace on-chain as a primary on-chain payment method. We have had schnorr sigs for some time now. Coordinating payjoins is a far simpler problem than LN.