Freakoverse on Nostr: Now that I think about it, I think we'll get any better than this in regards to ...

Now that I think about it, I think we'll get any better than this in regards to privacy on Bitcoin layer-0.

Looking forward to when all wallets support Silent Payment, assuming all the tech kinks get ironed out if there are any issues.

Imagine though, if SP + BIP that adds coinjoin (coordinatorless) to all transactions by default + auto random split output, man, that would actually be the final nail to have the best privacy on bitcoin and that would be the end of it.

quoting
note1c33…h4vw

I looked into Silent Payments. It's neat.
I do have one thought where someone can sting you (ish) with this (if I understood it right):

(Let's assume I'm a jackass government mr.joe)
- I can send 0.12345678 BTC to a silent address
- Look up the same amount sent to get a public address that the receiver controls
- At this point, I can harass the receiver about that exact money.
- I could also wait and see if the receiver may combine all of their coins from all of their addresses into one and start questioning/harassing them about it, which may lead to confirming all of what they have received from the silent address. (The receiver may not do this, and if they do they can play dumb and say "I didn't want my money so I picked a random address and sent them money there").

- I'm not saying SP is bad, in fact, I think it's a great layer and I'd want to use it. I'm just sharing my thoughts/concerns.

#bitcoin
note1tvm…afvr