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2025-09-07 10:22:33 UTC

SaberhagenTheNameless on Nostr: >"The reality is that, as an off-chain protocol, it is much more private than even ...

>"The reality is that, as an off-chain protocol, it is much more private than even Monero and coinjoins."

Such a misleading blanket statement. Offchain doesn't automatically make it more private.

The vast majority of lightning users are using exchanges and things like Wallet of Satoshi and Strike that are "offchain". They can see your balance and every transaction you make.
They continually said that Lightning Network was a failure. The reality is that, as an off-chain protocol, it is much more private than even Monero and coinjoins.

Against decentralized coinjoin protocols, obviously because it screwed up their business, they weren't concerned about privacy.

Their software was terrible, it wasn't a blind coordinator as it had several bugs that allowed the labeling of incoming and outgoing transactions, even addresses hardcoded into the code for ricochet.

Unlike Nostr, where many privacy tools are being built, such as messengers and decentralized and anonymous exchanges like Mostro.

Honestly, they were terrible guys.