HanShan on Nostr: its germaine to the discussion how these things are *actually used* if 1% of ...
its germaine to the discussion how these things are *actually used*
if 1% of "bitcoiners" actually use it in a self-sovereign way
that is the anonset you and I are hiding in.
for example
up to a certain date all my coins went through Whirlpool and were sent to cold storage.
from a Chainanal point of view
I have an anonset of other Whirlpool txs.
they know some utxos went in, were mixed and came out the other side.
thats opt-in privacy.
it's SOMETHING but relatively speaking, it's not a very large anonset.
because 99% of users do nothing.
in contrast to monero.
you see where this is going...
Bitcoin has opt-in privacy. weak opt-in privacy since there's no good tools right now.
even if you jump through all the LN hoops and do everything right
its still a tiny group of people doing that.
so no, transactions are not, in any way "private"
and there's a reason why we have a *default private* L1.
if yall were actually intellectually honest you'd stop trying to pretend like theres anything equivalent.
if 1% of "bitcoiners" actually use it in a self-sovereign way
that is the anonset you and I are hiding in.
for example
up to a certain date all my coins went through Whirlpool and were sent to cold storage.
from a Chainanal point of view
I have an anonset of other Whirlpool txs.
they know some utxos went in, were mixed and came out the other side.
thats opt-in privacy.
it's SOMETHING but relatively speaking, it's not a very large anonset.
because 99% of users do nothing.
in contrast to monero.
you see where this is going...
Bitcoin has opt-in privacy. weak opt-in privacy since there's no good tools right now.
even if you jump through all the LN hoops and do everything right
its still a tiny group of people doing that.
so no, transactions are not, in any way "private"
and there's a reason why we have a *default private* L1.
if yall were actually intellectually honest you'd stop trying to pretend like theres anything equivalent.