The privacy properties are a hoax too
Discussion
Elaborate.
I didn't know Diffie-Hellman key exchange was broken.
Literally was just about to note "Elaborate" too
He's been on this for forever and it's exhausting
Crypto theatrics don't matter with a small anom-set and countless other forms of metadata
Small brain thinking to equate cryptography with privacy
I send you ecash in a QR in the mail. When you redeem it with the mint, how do they trace that back to me from you?
False premise, no transfer of anything is actually taking place
You just transfered goal posts. Lol. Your original objection was the privacy part being a hoax.
But data is transfered and the origin of that data is unknown to the mint. This is accomplished using a DHKE with a blinding mechanism. DHKE is commonly used for https when negotiating a secure web connection.
Circle-jerk signatures all you want, Bitcoin is the only goal post
Bitcoin in has metadata, Bitcoin out has metadata, if you don't trust a custodian with that then no crypto-wanking can help you
Yet you work on LN? Which is bitcoin in and bitcoin out....?
I work on LN because it is useful
ECash is just retarded virtue signaling
Virtue signal amplifying.
Have you seen eHash where you blind sign every share? I hope it can answer the question : "how do you know the pool is not debasing you?"
I don't care about any crypto nonsense, it's not interesting, it's completely useless in any trusted or custodial context... total distraction for tinkerers that can't stick to a long term vision like real Bitcoin
Some share that same opinion about lightning. LSP's are trusted third parties.
Do you share this opinionn about LN?
Some people are retarded.
Is an LSP trusted if you pay it out-of-band in hopes they open a channel in return? Absolutely.
Fortunately, LSP is just a made-up term by some company, that is now reselling blockstream cloud nodes. Coincidence? LSP's aren't a real thing in the protocol, you don't need one... you can just open a channel like you would make any other chain transaction.
Whataboutism doesn't address the fact that circle-jerk-coins don't improve anything... just mindless cope for pedantic fetishists that were too dense to bother understanding the profundities of Bitcoin.
So lightning scales globally and trustlessly? Hooray! Deferred on-chain transactions for everyone.
Lightning doesn't have to be perfect for ECashers to be complete morons, but that said it does scale sufficiently and trust is optional.
Whatabout Lightning all day if you want, it won't change the fact that ECash doesn't improve anything. Just another retarded custodial shitcoin that skates by on privacy virtue signaling by the same retards that think they're private behind Tor and their CIA run VPN.
waste of time to argue with with zealots
this isn't really an elaboration. do you have any specific points or even a link to an article or something laying out the issues with privacy here?