Expatriotic on Nostr: ### Math time: - Lazarus hack = $1.5B (or 15k BTC) - 🌀's unspent capacity was ...
### Math time:
- Lazarus hack = $1.5B (or 15k BTC)
- 🌀's unspent capacity was greater than 10k BTC before the DoJ fuckery.
- LN's capacity is 5k BTC. LN is only 0.002% of BTCs total's capacity!
- Combined that's just barely 15,000 bitcoins. But with 🌀 defunct, closer to 5,000.
- Layer 1 != Layer 2
- Layer 1 privacy is important!
- Coinjoins can be attacked at the developer level
- LN can be attacked at the network level, similar to how the Tor network has snooping exit nodes
**Tl;dr: Lazarus should move their ETH to BTC and then to XMR (or directly if they can find the liquidity)**
- Lazarus hack = $1.5B (or 15k BTC)
- 🌀's unspent capacity was greater than 10k BTC before the DoJ fuckery.
- LN's capacity is 5k BTC. LN is only 0.002% of BTCs total's capacity!
- Combined that's just barely 15,000 bitcoins. But with 🌀 defunct, closer to 5,000.
- Layer 1 != Layer 2
- Layer 1 privacy is important!
- Coinjoins can be attacked at the developer level
- LN can be attacked at the network level, similar to how the Tor network has snooping exit nodes
**Tl;dr: Lazarus should move their ETH to BTC and then to XMR (or directly if they can find the liquidity)**