Big Barry Bitcoin on Nostr: Something is bugging me. Over lightning, sender privacy is good. Over lightning, ...
Something is bugging me.
Over lightning, sender privacy is good.
Over lightning, receiver privacy is bad.
Over ecash, receiver privacy is good.
Over ecash, sender privacy has a middleman.
Of course the mint doesn't know who you are, or what your source of income is, but they may know the target payee... Doesn't this open the door to potential censorship? A mint may refuse to perform the payment.
Also, seeing that the original tokens remain valid upon a payment failure, those tokens can just become blocklisted (breaking fungibility).
Correct me if I'm wrong, but it seems as if cashu improves receiver privacy, but can compromise sender privacy/targetability unless a proxy is used when making payments.
Over lightning, sender privacy is good.
Over lightning, receiver privacy is bad.
Over ecash, receiver privacy is good.
Over ecash, sender privacy has a middleman.
Of course the mint doesn't know who you are, or what your source of income is, but they may know the target payee... Doesn't this open the door to potential censorship? A mint may refuse to perform the payment.
Also, seeing that the original tokens remain valid upon a payment failure, those tokens can just become blocklisted (breaking fungibility).
Correct me if I'm wrong, but it seems as if cashu improves receiver privacy, but can compromise sender privacy/targetability unless a proxy is used when making payments.