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Saberhagen The Nameless · 110w
No, once you leave L-BTC it is no longer confidential. It would be more effective to swap to XMR and back to BTC. Fraction of a cent to transact too. XMR hides amounts + hides addresses + obfuscates...
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YODA travels @yodatravels
No that's clear.. if it leaves liquid, of course it's not confidential anymore.. it needs to be settled on chain after all... the question is... is it possible in any way to trace back from the receiving address on chain to the buy on kraken if time has been randomized and amount has been altered... my guess is no.
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Saberhagen The Nameless · 110w
The thing I can't stress enough is that only amounts are hidden. It is trivial to see sender and receiver in Liquid so can easily be traced in and followed the whole way out. Waiting and breaking it up does nothing to help this. It has the exact same traceability as doing a normal Bitcoin transactio...