Join Nostr
2026-09-19 16:10:46 UTC
in reply to

weev on Nostr: >done through lightning, which is private 99% of LN transactions are not private. You ...

>done through lightning, which is private

99% of LN transactions are not private. You use Primal, and Odell from Primal relentlessly promotes products based on Spark, which has every single transaction go through a single server which can surveil and censor them. Unilateral exit from Spark, just like much of LN, is also basically a myth, at least at any reasonable cost.

Very few people are using LN in a way that allows for privacy. It’s not really private at all, not against any reasonable adversary. In general, there’s just not enough space on L1 for everyone to run their own node, and BOLT onion routing is working with an absolutely tiny number of transactions. “Private” LN transactions are a temporary illusion that can’t even be maintained if too many people make a LN node. Monero transactions are private. Almost no LN transactions are. There’s too many side channels in almost every Lightning transaction that enable state surveillance. I don’t know a lot of people using CLINK over Tor, which is the best way to do private LN transaction. It’s probably a dozen or so a day.

More important is fungibility, in terms of something being money. Monero is actually battle tested as fungible. LN is already not fungible! Have you ever tried to deposit via LN on Binance Japan? You can’t! Japanese regulators don’t like it! Bitcoin that is the product of a “private” LN transaction is not fungible for “clean” Bitcoin! Many regulators already tell exchanges not to accept it! 1 Monero = 1 Monero.