Bitcoin developer Super Testnet argues that the Lightning Network is more private – and therefore better suited for darknet markets than Monero. In this episode, he breaks down all the nuances involved and defines good financial privacy.

Time stamps:

Introducing Super Testnet (00:00:48)

Lightning on Dark Web Markets (00:01:08)

Lightning Network Privacy Features (00:01:40)

Analysis of Sender and Receiver Privacy (00:02:02)

Onion Routing Explanation (00:03:07)

Invoice Privacy Comparison (00:04:36)

Transaction Visibility in Monero? (00:06:08)

Information Storage in Lightning (00:07:12)

Liquidity and Large Transactions (00:08:10)

Amount Privacy in Lightning (00:09:34)

Private Channels in Lightning (00:11:25)

Routing Nodes and Privacy (00:13:59)

How Monero Transactions Work (00:15:08)

Encryption Standards in Monero (00:16:01)

Recipient Privacy in Monero (00:17:54)

Privacy Tech (00:18:52)

Network Level Privacy (00:19:02)

Tor Usage in Lightning Network (00:19:44)

Routing Node Configuration (00:20:07)

Dandelion++ (00:21:00)

IP Address Association in Lightning (00:21:22)

Encryption in Lightning Transactions (00:22:50)

Monero's Network Privacy by Default (00:23:18)

Chainalysis Video Reference (00:23:40)

Remote Procedure Call Limitations (00:24:38)

Custodial Solutions and Privacy (00:26:31)

Privacy Advantages of Mints (00:28:08)

Full Chain Membership Proofs (00:29:53)

Encrypted Senders in Lightning (00:31:52)

Comparison with Zcash (00:32:30)

Barriers for Lightning Network Adoption (00:34:05)

Exploring XMR Bazaar (00:35:02)

SideShift (00:36:03)

Paul Sztorc's Core Untouched Soft Work (00:37:14)

Drivechains Activation (00:38:27)

Ossification of Bitcoin (00:41:09)

Concerns About Ossification (00:41:51)

ZK Rollups Discussion (00:42:35)

Citrea’s Zero Knowledge Proof Rollup (00:45:05)

Community Concerns on Lightning Network (00:48:34)

Chainalysis and Dandelion Protocol (00:50:23)

LSP and KYC Privacy Issues (00:52:39)

Receiver Privacy in Lightning Network (00:53:28)

Phoenix Wallet Setup (00:54:15)

Sender Privacy Concerns (00:55:30)

View Key and Monero (00:57:10)

Chainalysis and Lightning Network (01:02:08)

Monero Tracing Capabilities (01:06:01)

User Input Error in Privacy (01:07:02)

The Lightning Network vs. Monero Privacy (01:10:56)

Conference Plans in Romania (01:12:00)

Monero Payment Channel Network (01:14:36)

Full Chain Membership Proofs (01:15:21)

Lightning Network and Sender Encryption (01:15:32)

Stablecoins and Lightning Network (01:16:22)

Monero Transaction Validation (01:18:05)

Zero Knowledge Proofs in Monero (01:18:56)

Bitcoin's Zero Knowledge Rollups (01:20:31

Rollups and Bitcoin Scalability (01:21:04)

Trojan Horse Concept in Bitcoin (01:23:46)

Tornado Cash vs. Coinjoin (01:25:36)

Coin Pool on Bitcoin (01:27:34)

Darknet Market Listings (01:29:13)

Nostr and Classified Ads (01:29:34)

Privacy in Darknet Transactions (01:30:50)

Risks of Direct Payments (01:31:54)

Exploring Shopstr Listings (01:32:43)

Comparing Shopstr and XMR Bazaar (01:35:00)

Privacy Improvements in Shopstr (01:37:13)

Lightning Network Developments (01:44:42)

KYC and Banking Issues (01:48:24)

Introduction to Bank Privacy Issues (01:48:59)

Financial Regulations in Romania (01:49:48)

Advice on Relocation for Financial Privacy (01:50:12)

Intrusiveness of Banking Regulations (01:51:03)

Personal Experience with Banking Scrutiny (01:51:34)

Living Arrangements (01:52:13)

Lightning Network Implementations Privacy (01:53:16)

Privacy Implications of Lightning Wallets (01:54:03)

User-Friendliness of Lightning Wallets (01:54:57)

BOLT 12 and Privacy Claims (01:56:29)

Improvements in BOLT 12 (01:57:09)

Critique of BOLT 12's Privacy Features (01:59:30)

Super Testnet’s Current Projects and Work Focus (02:00:15)

Development of Mint Market Cap Tool (02:01:30)

Title Transfer App and State Chains (02:02:30)

Ensuring Security in State Chains (02:03:32)

Nostr Wallet Connect Protocol (02:04:26)

Creation of Faucet Generator (02:05:40)

Creating a Testnet (02:06:36)

State Chains Discussion (02:07:12)

Prediction Market Concept (02:08:14)

Project Backlog Overview (02:10:14)

Super Testnet’s Music Career (02:12:29)

Upcoming Conferences (02:14:39)

Coin Pools Advantages (02:15:41)

Planning Conference Attendance (02:17:25)

Workshops and Commitments (02:17:56)

Health and Fitness Journey (02:19:08)

Should Bitcoin Increase the Block Size? (02:20:13)

Soft Fork Proposal (02:21:04)

Market Value of Transactions (02:22:47)

Workshop Availability (02:24:02)

Social Media Presence (02:25:14)

Scams and Fake Accounts (02:26:02)

Social Engineering Tactics (02:26:39)

Money Requests Clarification (02:27:34)

Social Links and Resources (02:27:58)

Audience Engagement (02:28:28)

Closing Remarks (02:29:01)