SaberhagenTheNameless on Nostr: >In monero, the sender always knows the recipient's "real" address (the one on the ...
>In monero, the sender always knows the recipient's "real" address (the one on the blockchain) and can provably map it to their stealth address.
True, but since it is a one-time stealth address it is useless for tracing or tracking anything beyond that.
The problem with Lightning is the complexity involved in using it in a sovereign manner. It's not as "plug-and-play" as Monero. Vast majority of users are using custodians and a small portion use LSPs - both introduce third-parties back into the equation along with privacy implications...a hardly visible remnant is using Lightning to it's full privacy and sovereign potential because of this. Theoretical privacy of Lightning VS how it's actually used in the real world.
This is also somewhat apples and oranges comparison as Lightning isn't a blockchain. Would be more analogous to compare versus a Monero L2.
Major work is being done for FCMP which will resolve the problems with ring signatures, add forward secrecy, and introducing L2s onto Monero. Can't get much more private than a privacy L2 built on an encrypted blockchain.
True, but since it is a one-time stealth address it is useless for tracing or tracking anything beyond that.
The problem with Lightning is the complexity involved in using it in a sovereign manner. It's not as "plug-and-play" as Monero. Vast majority of users are using custodians and a small portion use LSPs - both introduce third-parties back into the equation along with privacy implications...a hardly visible remnant is using Lightning to it's full privacy and sovereign potential because of this. Theoretical privacy of Lightning VS how it's actually used in the real world.
This is also somewhat apples and oranges comparison as Lightning isn't a blockchain. Would be more analogous to compare versus a Monero L2.
Major work is being done for FCMP which will resolve the problems with ring signatures, add forward secrecy, and introducing L2s onto Monero. Can't get much more private than a privacy L2 built on an encrypted blockchain.