Expatriotic on Nostr: Using a 2nd layer because the first layer isn't private enough is funny. You can ...
Using a 2nd layer because the first layer isn't private enough is funny.
You can trace a UTXO all the way back to the Coinbase transaction from the miner... That's not private. Imagine if everyone in the world got paid in bitcoins. That's the problem Samourai Wallet was solving for. Forward privacy...
Monero solves this on the base layer. And transactions are cheaper to boot. Ecash is not necessary to get privacy. It's an additional attack surface. Waste of programming and dev time. Basically broadcasting that LN is insufficient.
You can trace a UTXO all the way back to the Coinbase transaction from the miner... That's not private. Imagine if everyone in the world got paid in bitcoins. That's the problem Samourai Wallet was solving for. Forward privacy...
Monero solves this on the base layer. And transactions are cheaper to boot. Ecash is not necessary to get privacy. It's an additional attack surface. Waste of programming and dev time. Basically broadcasting that LN is insufficient.