Paying Yourself for Privacy on Lightning?

Paying Yourself for Privacy on Lightning?

“The Lightning Network is best known for its fast and cheap payments. But the Layer 2 protocol could also offer more privacy than on-chain payments […] the developer thinks that “self-payments” could be an important part of the privacy puzzle.”  – Aaron Van Wirdum

Despite its focus on payments and scaling the Bitcoin system, Lightning may have incredible potential for privacy opportunities and improvements. Pseudonymous developer ZmnSCPxj has been detailing and expanding on these concepts in recent months, and who better to lay it all out for us than BitcoinMagazine, and Aaron Van Wirdum? Don’t miss today’s article on a new trick of payment privacy for Lightning…

Paying Yourself? Self-Payments Could Be a Key to Lightning Privacy
https://bitcoinmagazine.com/articles/paying-yourself-self-payments-could-be-a-key-to-lightning-privacy

A big thanks to Bitcoin Magazine and the Let’s Talk Bitcoin Network for making this content available! 

This episode is sponsored by
· Anchor: The easiest way to make a podcast. https://anchor.fm/app

Send in a voice message: https://ift.tt/2LQ0pFP
Support this podcast: https://anchor.fm/thecryptoconomy/support

Schnorr Signatures & The Inevitability of Privacy in Bitcoin

Schnorr Signatures & The Inevitability of Privacy in Bitcoin

“The need for privacy and the long-term sustainability of Bitcoin without block rewards are perhaps two of the most most alarming issues surrounding Bitcoin today.”Lucas Nuzzi
Could Schnorr signatures be the puzzle piece that eliminates a major limitation on the costs and ease of privacy at Bitcoin’s base layer, while at the same time, incentivizing a robust fee market, and enabling a wide range of more dynamic smart contracts? The next soft fork in Bitcoin could be the most exciting and significant change that Bitcoin ever sees. You don’t want to miss this great piece by Lucas Nuzzi covering the ins and outs of Schnorr signatures and how it will change the game for Bitcoin privacy.
 
 
Drop as many claps as you can on his article below and remember to check out the tons of other great articles of his and others posted on the Digital Assets Research publication: https://medium.com/digitalassetresearch/schnorr-signatures-the-inevitability-of-privacy-in-bitcoin-b2f45a1f7287
 
 
Become a Supporter of the show!