00:00can lightning network and the liquid sidechain together offer privacy similar to monero
00:04let's explore lightning privacy lightning payments occur off-chain routed peer-to-peer
00:10and unencrypted this hides the exact sender receiver and path liquid privacy liquid adds
00:17confidentiality with hidden amounts and private transfers inside his sidechain it prevents
00:22observers from linking amounts directly on the main chain when combined lightning and liquid
00:26complement each other swapping into liquid then into lightning or the other way around to
00:31breaks and chain links and makes tracking much harder compared to monero monero uses built-in
00:36cryptographic privacy ring signatures stealth addresses and hidden amounts lightning plus
00:42liquid doesn't replicate that exactly but with careful use they can approach similar levels of
00:45unlinkability best practices to maximize privacy use non-custodial wallets with toa swap between
00:52layers at different times avoid reusing addresses and makes multiple swaps when possible lightning
00:57and liquid together can't fully replace monero's design but they bring bitcoin a big step closer
01:01to monero like privacy when used strategically
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