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littlecranky67 6 days ago

Your link is from 2022 - blinded paths are now here in lightning. Async- and trampoline payments are around the corner. The article is heavily outdated.

I am involved in Lightning and run my own node - it is pretty much private enough for all sorts of micro payments for content creators. Not private enough for organized crime to move large sums, agreed.

You also forget to mention the 51% attack monero recently suffered. Lightning is bitcoin based and way more resilient to that.

nunobrito 6 days ago | parent | next [-]

By all means, here is a study from 2024 documenting the hard facts about lack of privacy and lack of resiliency: https://www.sciencedirect.com/science/article/pii/S030859612...

That 51% attack on Monero never happened, despite much noise and headlines saying initially otherwise. You can verify this for yourself.

littlecranky67 6 days ago | parent [-]

The paper does not state what you make it out to be (it sees theoretical privacy-lowering attacks, but not as you state it "lack of privacy"). Practical attacks are not even proven.

And it - too - does not look into trampoline payments. Trampoline payments are a new feature that are not yet in a BOLT standard, but tried and tested in beta and used i.e. by Phoenix Wallet or Electrum.

nunobrito 6 days ago | parent [-]

It isn't just "theoretical", those are feasible attack vectors.

Anyways thank you for mentioning Trampoline payments, I've learned something new.

msm_ 5 days ago | parent | prev [-]

>I am involved in Lightning and run my own node - it is pretty much private enough for all sorts of micro payments for content creators. Not private enough for organized crime to move large sums, agreed.

I don't get it. It's like saying bank transactions are private enough for all sorts of micro payments for content creators, but not private enough for organized crime to move large sums. Technically true, but...

It's either private or not.