Oh shit this is to funny lol
Discussion
haha, bitcoin is about privacy?
no, you might be thinking of monaro
bitcoin is about inviolable supply schedule and irreversible transactions
Yeah I don’t understand why plebs follow idiots like that?
Kudos. Came here to make sure something along this line was mentioned. Bitcoin sorely lacks privacy features.
Indeed it does
no, it doesn't, because that contradicts the auditability protecting the supply
you want to make privacy, hey, some dudes made this thing called "lightning" and it uses source routed onion messages to execute payments, nobody knows who is involved except the previous hop in the process
and i am not exactly on some crusade to crucify you stupid moneros but someone recently did a study that proved that lightning is more private than monero onchain
I'm not a monero bro just to be clear, but I do value privacy and would love to see improvements in this area for Bitcoin. Lightning is 0.0002% of the Bitcoin network. Very prone to attacks by the states being a niche of a niche. Privacy needs to be a primary feature of Bitcoin. Not a fringe use case. Doxxing strategy holdings will hopefully help build this narrative.
We need more adoption of payjoin & silent payments
Taproot musig2 and lightning is enough.
Even channel ops are private. I mean. Seriously. Do the homework. I've been in this since 2013 and I only learned lightning in 2022. You are way behind.
lol I’m definitely not behind.
i see and so you knew that lightning payments are anonymised the same way as tor packets?
apparently nobody in monero land seems to understand this
it's actually even more anonymous than tor because nobody knows except the sender what path it's going to go, even the invoice only contains a midhdleman that the sender makes a new path to that nobody knows
i mean, really, i actually built a whole protocol off this concept, it was basically an extension of lightning chat, but aiming to implement an actual network protocol
it has an issue in that if any hop along the path is clogged up or offline the packet fails and accounting for this is a complex task but hey, you all knew about this "failed payment" problem with lightning right?
It’s silly to compare a "chainless L2" to an on chain transaction on monero.
They are two different things.
privacy and anonymity are actual metrics, lightning definitely is more private, and completely utterly untraceable if you use keysend or AMP
please go do your homework
I have not stated which is better.
They both have there trade offs and are 2 different things trying to achieve the same goal.
lol, keep sipping on the monero kool-aid, you and the rest of the idiot shitcoiners who think that blockchain is the answer, what was the question?
sovereign Lightning UX sucks so >90% of people use custodial solutions
LN is de facto not private.
at least on a blockchain you dont have to do channel management and fuck around with inbound liquidity just to receive a payment.
there are advantages to using a blockchain.
You are talking to one of those people who are more suited to join some kind of cult and never mined crypto, ever.
Monero is a good solution. Has more daily transactions than bitcoin since a few years, it is what people factually use on the streets.
Don't worry about those living in a bubble, they are just here to see "money goes up" and convert virtual coins back to fiat. They might as well have gone to the stock market but somehow believe they are crypto.
Just go on. You are on the right path, question everything. Demand better.
yes! demand outdated, blockchain based security in a pseudo encrypted public ledger that can't be properly audited and is extremely challenging to make a working L2. because privacy > all, most especially more important than a stable, predictable and slow supply growth rate
because muh privacy, even though LN can do it better, and faster, and at such a high volume that bitcoin tx fees have never been this low since like, idk... 2014, but of course you moneros know that the schroedinger's payment volumes must not exist because you can't prove they exist, even though tens of thousands of merchants have adopted it and all these people waiting 2-5 seconds for payment finality are all deluded and everyone knows you can look up their transactions and prove they exist? hang on...
LOL
Doesn't it make you wonder why the use of Bitcoin has risen exponentially yet onchain fees are at all time lows? Yes, because at least several thousand times as much PAYMENTS are done with lightning than on chain.
Even while shitcoiners are polluting at least 30% of blocks with their scammy token inscriptions.
Lightning literally combines Tor and what private ledgers used by exchanges do.
It's not even possible to measure the change, except the transactions have disappeared.
Already went through this yesterday. The number of payments being processed by lightning is only part of this story. It's a great thing no doubt. If the size of lightning, the quantity of committed coins to lightning channels, doesn't increase massively then lightning is an easy target. Whirlpool was state level attacked with 8k coins mixed. Lightning is operating at about half that size. It's fringe. Fringe gets killed. Make these things norm to build resistance.
If my bank account had $50B+ of other peoples money & life savings...I'd be livid at the choices I made that led me to into that situation.
lol
