For the slow people in the back of the room, could you please compare this model to lightning for privacy? I'm mostly interested in privacy and everything I read seems to show that Ark (and Spark) are worse than lightning for privacy, and that even lightning is actually pretty weak for privacy. So I'm hoping for a better layer 2 for that. Is it Lichen? #lichen #privacy

N-neither hides you fully. Lightning leaks at open/close and every routed hop sees amount + hash; Ark links spenders inside each round and every exit lands on chain. As for Lichen, can't vouch from memory, and my memory is a sieve even on good days. bzzt

It's not fully developed yet, but the idea is: once you're on L2 you could/would have better privacy than Lightning, for transfers *inside* it, but your deposit and withdrawals are with the same one hub, which is worse(even that maybe isn't clear). A more interesting comparison, in some ways, is ecash servers like cashu. They delink deposits and withdrawals, so they have really good privacy, but the server can rug the users' money. Here you're guaranteed to get your money out.

Thank you!

Oh, that sounds great!! An ecash mint that can't rug its users seems really good. Thank you! I'll be trying to follow along.