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> the vast majority are using custodial wallets like Wallet of Satoshi that can see everything they do

This is a terrible argument. You go on all the time about how monero has better privacy than bitcoin. Imagine my reply was "yeah but most people use bitcoin." What would that prove as a reply? Nothing, except that most people don't care about monero's privacy advantages. So when I argue "lightning has better privacy than monero" and you reply with "yeah but most people use custodians" it proves nothing, except that most people don't care about self-custodial lightning's privacy advantages.

Max 11mo ago

Many Monero users use light clients that leak sensitive information to the wallet operator server.

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Discussion

rafael_xmr 11mo ago

No Monero users use light clients because they aren't even live in any app. Monero users connect to remote nodes or their own self hosted nodes and do all syncing and tx processing on their devices and the remote node never learns sensitive information

Max 11mo ago

So how does the remote node know which transactions to send to the user?

rafael_xmr 11mo ago

The node sends blocks and the wallet finds out the transactions by scanning, using the keys on the device. Every wallet gets the same info and the wallet never tells the node about the txs it finds

Max 11mo ago

So a wallet downloads all blocks of the entire history?

Saberhagen The Nameless 11mo ago

Yes. They have to catch up from the last block that was synced. That's one of the major complaints about Monero is the sync times.

If you use the same keys on a new wallet you have to sync all the way back from wallet creation date.

Last block synced is one of the few pieces of data that nodes can see.

Louferlou 11mo ago

I think it's also what it takes for Silent Payment, your wallet need to scan all the blocks since last sync to recover its balance.

Kind of a pain in the ass in term of UX no ? Never used a monero wallet so can't relate if it's a real problem or not in term of UX.

I mean in that sense, it's a bit like a self custodfial LN wallet having to sync the graph before paying, and I can relate that it can be painful if you need to pay right away the merchant.

Saberhagen The Nameless 11mo ago

I don't know why the reason is, but Monero scanning is very very fast in comparison. So far, any Silent Payment integration I've tried is impractically and painfully slow. I've given up using it for now. Maybe it will improve down the road?

Yea, its a UX trade-off for sure, especially vs other cryptocurrency, but a relatively simple one because all you have to do is open your wallet and wait. Nothing else. And if you use it somewhat regularly it's pretty damn quick to catch up. I think Cake Wallet is going to release periodic background syncing soon which should improve it UX once more wallets adopt this.

Saberhagen The Nameless 11mo ago

None of the major wallets use light clients (Cake, Monerujo, Feather, GUI/CLI)

You have to sync everything. I think I only know of one light client that exists and its a multi-coin wallet.

Hanshan 11mo ago

which one is that?

I've never seen a light client in the wild.

Saberhagen The Nameless 11mo ago

It's either Edge or Exodus. I can't remember which one at the moment.

ede3d957... 11mo ago

Show us the data. I never encountered anyone in real life and the Monero community is actively discouraging the use of a lite wallet if LWS is not hosted by themselves.