notoriousxmr on Nostr: The idea of Bitcoin on the Lightning Network being just as private as Monero due to ...
The idea of Bitcoin on the Lightning Network being just as private as Monero due to it being challenging to trace is hilarious to me. There is way more to privacy besides not finding the address of the sender, such as:
Transaction amounts (ringCT fixes this)
Linkability of transactions (ring signatures and stealth addresses fix this)
Location leaks (Tor and I2P fix this)
Blockchain accessibility (XMR itself fixes this)
If Bitcoin maxis would just learn how to threat model properly, then they would know that unless you are using BTC for actions that you want to be public record anyways, then it is a bad idea for most threat models to use BTC.
LINDDUN is a good privacy threat modeler that I use and highly recommend.
https://linddun.org/threat-types/
#Bitcoin #Lightning #Monero
Transaction amounts (ringCT fixes this)
Linkability of transactions (ring signatures and stealth addresses fix this)
Location leaks (Tor and I2P fix this)
Blockchain accessibility (XMR itself fixes this)
If Bitcoin maxis would just learn how to threat model properly, then they would know that unless you are using BTC for actions that you want to be public record anyways, then it is a bad idea for most threat models to use BTC.
LINDDUN is a good privacy threat modeler that I use and highly recommend.
https://linddun.org/threat-types/
#Bitcoin #Lightning #Monero