muun wallet but instead of funds held onchain at rest they are held on liquid could be an interesting tradeoff balance - lightning transactions are liquid swaps - onchain transactions are liquid swaps

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would be an interesting solution for sure

Would the privacy benefits be > whirlpool?

probably, coinjoining is probabilistic and the anonset degrades over time

confidential transactions are much more bulletproof

Whirlpool is privacy with UTXO’s but amount is known. Liquid gets privacy of amounts not UTXO.

Definitely a more efficient way than what Muun offers now, but I also heard some concerns regarding Liquid as a base level storage because it’s a federated third party protocol.

Finally a chance to let liquid shine! People are already doing swaps on robosats and boltz came out with ln to lbtc atomic swaps. Love to see more tools being worked on to handle the inevitable sustained high fees on chain

Don't try to resuscitate a dead body with putting more formaldehyde in it.

If there was a Fedimint with the same federation members as Liquid, making the counterparty risk the same, which system do you think would be better?

Forget Muun. This wallet is a fake ln one! It just destroys value for all bitcoiners.

The same thought occurred to me last night.

This is exactly how Fedimint's lightning gateway works except it holds ecash notes instead of LBTC

Muun wallet but everything held in a lightning channel. Lightning payments handled normally and on-chain payments are done through splicing

what's this new Ark thing all about Matt? Would love to hear your take on it all.

👀

Have you looked at SideSwap? They do not currently have lightning integration, but, if that's possible, they may be well positioned to achieve it.

Agree its an interesting idea.

All the swaps could get expensive though, remains to be seen if it would as attractive as it is now. Though perhaps now is being sort-of-subsidized by Muun?

I‘ll reinstall it, when they‘re there. At its current state, I don’t think it’s a useful wallet.