Den Yellek on Nostr: Is self custody ⚡ #Lightning LESS private than ⛓️ #Bitcoin? I am learning about ...
Is self custody ⚡ #Lightning LESS private than ⛓️ #Bitcoin?
I am learning about lightning and had the impression that it was more private than on chain but maybe that is not the case.
If I recieve on chain bitcoin and generate a new recieve address each time no one is able to connect these transactions to eachother and no one is able to determine my total balance of bitcoin. If I recieve some KYC bitcoin the address that this KYC bitcoin is sent to has been KYCd however all past and future generated addresses are not affected.
In contrast every lightning invoice contains my node public key. By looking at a single lightning invoice you are able to determine if any past or future invoices were sent to me meaning only one transacrion needs to be KYCd for every other recieve to be linked to me.
On top of this it is possible to not only see total channel capacity but through probing determine my current balance of sats.
Do I have something wrong or does recieving over lightning reveal more information than on chain?
#asknostr #privacy
I am learning about lightning and had the impression that it was more private than on chain but maybe that is not the case.
If I recieve on chain bitcoin and generate a new recieve address each time no one is able to connect these transactions to eachother and no one is able to determine my total balance of bitcoin. If I recieve some KYC bitcoin the address that this KYC bitcoin is sent to has been KYCd however all past and future generated addresses are not affected.
In contrast every lightning invoice contains my node public key. By looking at a single lightning invoice you are able to determine if any past or future invoices were sent to me meaning only one transacrion needs to be KYCd for every other recieve to be linked to me.
On top of this it is possible to not only see total channel capacity but through probing determine my current balance of sats.
Do I have something wrong or does recieving over lightning reveal more information than on chain?
#asknostr #privacy