please be careful about timing and amount correlation attacks.
since there isn't anything on liquid that hides the sender or receiver its really unclear what is gained (to me anyway).
The more people do it, the more of an answer it becomes
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Discussion
Onchain to LN to Liquid to LN back to onchain? Would need both LN endpoints
probably fine as long as the LN routing nodes aren't conspiring against you.
but what does going through Liquid add to this exactly?
Yep you’d have to trust the endpoint nodes
Liquid has confidential txs, so LN + Liquid could “wash” a UTXO
It is not perfect, but it works for folks who don’t want to run nodes, or whirlpool etc
but Liquid CTs only hide amounts, not sender or receiver.
so unless you're breaking your utxo into smaller ones and sending them to a bunch of *different LN nodes I'm not clear how it helps your privacy.
Sure i see your point. For me, the tradeoff makes sense for certain kinds of wallets (spending cash, for example)
But what does going through Liquid add for privacy?
Don't you get the same thing just by bouncing around a few LN nodes and closing the last channel for a fresh UTXO?
Some wallets submarine swap
LN to liquid and visa versa. Sats at rest on liquid
So, as a user, less work for me!
Agree that LN hopping also works
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