Nostr Web Client

I think what many still don't understand (precisely the same people who didn't and don't understand that Samourai technically was anything but private) that a blockchain will always be less private than a layer two solution that is not a blockchain like Lightning given that Lightning doesn't need to be auditable. Monero still needs to be auditable despite hidden inflation issues.

This is the magic of a true layer 2 solution, you delegate auditability to layer 1.

Curious that Samourai developers underestimated Lightning, just for the privacy properties it has and allows it deserves to be developed in spite of its complexity.

Summary for dummies, Lightning is more private than any privacy coin.

MoneRogue 7mo ago

Auditability? Monero is literally open-source. Many of these Lightning wallets are not.

Reply to this note

Please Login to reply.

Discussion

Cyph3rp9nk 7mo ago

Did you see the nonsense you said to justify your shitcoin? 😂

Saberhagen The Nameless 7mo ago

To be fair, it depends on what Lightning wallet. For sure what you're saying is true for the most popular lightning wallets like Wallet of Satoshi.

Also, what he said "Lightning is more private than any privacy coin." isn't even true. Fully shielded ZK coins are more private than Lightning.

There are also layer 2s more private than Lightning like shielded ZK rollups, shielded CSV, and folding schemes.