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Maximilian314159
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fair points. I'm looking at what the possible pitfalls are and getting other opinions from community. im not that technical on understanding the level of privacy gained between trxn on the liquid apart from inability to see amounts and asset types in the transactions. advantages to on-chain coinjoins are security and you know the precise level of obfuscation. disadvantages to on-chain coinjoins can be fees and easy to identify a utxo has been a part of a coinjoin.

i'm thinking most of the obfuscation would come from the peg-in and peg-out transactions. if surveillance is unable to track and link those 2 transactions, then it could be a viable alternative.

Setting up channels on my nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll lightning node while network fees are low ~12-13 sat/vB (2,000 sats) #Lightning #Bitcoin #BTC

An alternative to on-chain #coinjoins for #Bitcoin privacy - Peg-out to Liquid Network - take advantage of confidential transactions - then Peg-in back to on-chain in a quick and low cost way. A LIQUID WHIRLPOOL. Any drawbacks to this method? I did a test and appears impossible for 3rd party to follow the flow between network hops. only cost an onchain fee and 0.25% peg-in/out fee and you could set whatever denomoniation you desire. #BTC #LBTC #LiquidNetwork #Blockstream #whirlpool

my first lightning purchase via nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg - Jade air-gapped hardware wallet nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n and cryo steel plate for seed storage #BTC #bitcoin