Yea no shit. It’s called hyperbole.
My point is that by and large Monero proponents are trying to pump the price. These types are disinterested in true analysis of privacy and engineering trade offs. It’s clear motivated reasoning.
Yes bolt12 blinded paths resolves the missing piece for privacy on lightning/bitcoin.
"Monero proponents are trying to pump the price"
Literally the least true statement of any crypto project you could've chosen.
Monero users are choosing to push a crypto banned from basically every major exchange because they think it's price will pump?
"These types are disinterested in true analysis of privacy and engineering trade offs."
The community that calls everything a shitcoin now wants to talk about trade offs
Bolt12 is brand spanking new and we're yet to see how it does in the wild. Remember how there was too much hype and over-promising for lightning by every talking head in the space?
I'm not opposed to using Bolt12 if it does what it says, but I'm sure there will be trade-offs like there always is.
>Literally
Oh great the Monero shill that talks like a 13 year old girl is here!
Your long emotion ridden response betrays your true motive of pumping your bags.
BOLT12 is gonna make Monero irrelevant. HFSP & GFY shitcoiner 😚
You are the one getting emotional here
Nah I just am not having it with Monero shills coming thru the thread uninvited.
If they really cared about privacy they wouldn’t feel the need to jump in this thread. The truth is they feel they need us to pump their bags so they ignore the reality that lightning is the future.
Nostr is public
I can chime in where ever I want. Get used to it or mute me.
"emotion ridden response" says the person calling me names 😂
Can't dispute a single thing I said because you know it's true
I don’t have time for your bullshit shitcoiner. I’m not gonna hold your hand and show you the obvious. I don’t owe you anything.
You don’t care about privacy bc if you did you wouldn’t care about my statements. You want to pump your Monero shitcoin bags.
Show or demonstrate the design flaws of BOLT12 or STFU.
Ok
I'm not contesting that BOLT12 is a big privacy upgrade for lightning, but for the best possible privacy I'm not interested in:
-having to run my own LN node and managing channels
-needing to lock up money to receive money in the first place
-STILL needing to coinjoin before/after opening/closing channels
-IP address being vulnerable by default (Monero is protected from others on the network by default with dandelion)
-can be force closed against your will leaking even more data on-chain
Even if you choose to use a public node on Monero they can't see shit about the transaction.
Compare that with: BOLT12 LSPs still know some details about payments i.e. payment amount, timelock details, payment hash. This makes it vulnerable to statistical analysis because of this (the whole reason Monero is replacing ring sigs with FCMPs for sender privacy)
Most LN users use custodians because of the painful UX, a small fraction use LSPs, a fraction of that fraction run their own node and get the full benefits of BOLT12.
Despite all that shit I'm still open to also using BOLT12 when it gets more adoption and if it does what it says in practice. Forgive me for being a little wary after the over-hype and over-promising of lightning by every loud voice in the space.
