Big Barry Bitcoin on Nostr: Bitcoin leaves a trace on the blockchain. Lightning reveals the recipients node to ...
Bitcoin leaves a trace on the blockchain.
Lightning reveals the recipients node to the sender.
Whether you use TOR or not.
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Each ecash is a unique never before ever seen file. No traces anywhere. Not even the mint has seen it.
As a SENDER, you could keep yourself completely anonymous and the recipient can still accept payment by taking the received ecash to the mint. The mint has no idea where the ecash came from.
A sender could leave ecash to find in a treasure hunt. As a RECIPIENT, you could find ecash anywhere and claim it. The sender would have no idea who claimed it, you dont reveal any node ids or anything, and the mint knows nothing about you either if you use TOR/VPN.
These are the benefits. With a normal custodian, you have an account. Whether they have PII or not, they know of a user with a specific balance, they know about each incoming payment: the amount, the time, the memo, and they know of each outgoing payment: the destination, the amount, the memo, the time, and your user id.
If you don't see the benefits, I give up.
Lightning reveals the recipients node to the sender.
Whether you use TOR or not.
------
Each ecash is a unique never before ever seen file. No traces anywhere. Not even the mint has seen it.
As a SENDER, you could keep yourself completely anonymous and the recipient can still accept payment by taking the received ecash to the mint. The mint has no idea where the ecash came from.
A sender could leave ecash to find in a treasure hunt. As a RECIPIENT, you could find ecash anywhere and claim it. The sender would have no idea who claimed it, you dont reveal any node ids or anything, and the mint knows nothing about you either if you use TOR/VPN.
These are the benefits. With a normal custodian, you have an account. Whether they have PII or not, they know of a user with a specific balance, they know about each incoming payment: the amount, the time, the memo, and they know of each outgoing payment: the destination, the amount, the memo, the time, and your user id.
If you don't see the benefits, I give up.