Cyph3rp9nk on Nostr: Listen to the undercover CIA agents who tell you that Lightning is not private and ...

Listen to the undercover CIA agents who tell you that Lightning is not private and use a blockchain.

AMP + MMP + Blinded Path (BOLT11 or BOLT12) is a big pain in the ass for chainalysis and more things to come.

quoting note1jaz…kkea

Monero vs Lightning (with bolt11 blinded path for the receiver)

Monero:
- Sender to know the sending address.
- The receiver knows that the sender is between 1 of the 16 addresses.
- Record is kept in the blockchain
- The amounts are hidden

Lightning:

- Sender does not know where the payment is sent.
- The receiver does not know where the payment comes from
- The amount of the payment and the receiver are encrypted.
- No record is kept in any blockchain

From here on there are many attacks that can be applied to Monero as well as to Lightning, but this is the initial situation.