Matt Corallo
· 3d
Yes, *lighting* has good sender privacy. Some people prefer to use custodial services which don’t. Not entirely sure you can blame LN for that? Though even for such services you can do client-side ...
Clearly that's the pure perspective, but I'll keep harping on this point: a model like Phoenix where you don't have privacy from Phoenix is absolutely different from a model like onchain payments. It fits closer to, and is better than, what people are (unconsciously) used to: when they use a bank card they know the bank knows all their transactions, and they accept that tradeoff (mostly because they have no choice to be fair!). I'm not saying a CPOF isn't a problem; such things will always come back to bite you eventually, if they get big enough. But that tradeoff is not even close to being a bad tradeoff with the current status quo, and it is emphatically a better privacy model than the vast majority of others (and I suppose it can still get better). So: self custody, privacy w.r.t. merchant[1] but not service provider, strictly better than bank money: no self custody, privacy w.r.t merchant but not service provider.
[1] just means they don't see your financial history
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