Replying to Avatar ODELL

The longer Wallet of Satoshi exists without being forced to add KYC, the more it seems to point to them being a honeypot.

Lots of user info to harvest there. Feds have done crazier things.
Avatar
Mysth 2y ago

What user info is there to harvest besides a throwaway e-mail?

99% of people will either run lightning through a custodian, or with some “node on the phone + LSP” wallet.

I’d like to know what more information WOS is getting vs what ACINQ (Phoenix) is getting, because I think it’s very similar (or even worse in the case of ACINQ if you try to open direct channels)

Reply to this note

Please Login to reply.

Discussion

Avatar
Jones 2y ago

Acinq term of service. Just read :)

Avatar
Mysth 2y ago

The current version of Phoenix offers no advantage regarding privacy over existing, hosted, custodial wallets. We (ACINQ) know the final destination and amount of payments.