Replying to Avatar Juraj

Custodial ln - I don't care as both the receiver and the sender how they use it. Does not make any difference to my security and privacy assumptions, so they might use shitcoin, I get what I want. And I'm not judgemental about the shitcoining of others, that's their choices.

And non custodial is usually super easy these days. Install app, set up backup, there you go.
ed
ede3d957... 4mo ago

Don't understand why you'd accept custodial.

Both from a control and a privacy perspective. But you do you.

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Juraj 4mo ago

Because they send custodial, but I receive it over my channel and get non custodial. That's how lightning works. I open channels that I want to open and I get my sats through them. Not sure if you understand how lightning works judging from this note...

ed
ede3d957... 4mo ago

Sure from your perspective that makes sense. But routing nodes (big hubs/CEX + chainanalytics) know the flows of most of LN transactions even when split. Never forget you are probably one in a million to be able to set up a system like this for yourself - time and knowledge wise.

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Juraj 4mo ago

Everyone receives through their channels only.

Big nodes don't see the payments. Not full amounts, not destination. Only part they route (which can be both smaller and bigger than amount actually paid) and previous and next hop. They have no idea where the payment ends (or if it ends on the other side of the channel).

ed
ede3d957... 4mo ago

In theory it works like Tor (even a little bit better), but then half of all Tor nodes are in Germany and Netherlands with manybof them operated by secret agencies. The more they see. The more they can reconstruct. Some routes with certainty others with high or low probability.