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Topic: Bitcoin or Bitcoin Lighting ? (Read 89 times)

newbie
Activity: 1
Merit: 0
July 10, 2024, 04:17:42 PM
#6
What is more encrypted ?
Bitcoin or Bitcoin Lighting ?
As far as I understand you ask in which network your private key will be more protected. Actually Lightning Network is not different than Bitcoin in this part. Lightning Network do Bitcoin transactions only the difference is it doesn't broadcast these transactions to add Bitcoin blockchain unless you want it. Users on the Lightning Network use their Bitcoin private keys.
legendary
Activity: 1932
Merit: 2354
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July 10, 2024, 08:00:21 AM
#5
What is more encrypted ?
Bitcoin or Bitcoin Lighting ?
Bitcoin blockchain is a public ledger, not private one and it is not a darknet too.

You can achieve privacy and anonymity if you use a good wallet software, non custodial, open source, with Tor connection, run your Bitcoin full node, and use your inputs, outputs, change addresses carefully.

Bitcoin Lightning is off-chain, not on-chain and people can try to use it as mixer but there are technical and security weakness with Bitcoin Lightning Network and can be exploited. Be careful if you want to use Bitcoin Lightning Network to move big funds.

With Bitcoin on-chain, your can get better security and it's better if you want to move big fund.

But, on the other hand, the level of privacy you obtain from LN for small transactions without all the deployment you mentioned in the case of on-chain transactions can make it preferable in certain cases. It is clear that not for large transactions, but for newbies in their everyday operations LN can be a better option to start with.
sr. member
Activity: 602
Merit: 387
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July 08, 2024, 09:15:26 PM
#4
What is more encrypted ?
Bitcoin or Bitcoin Lighting ?
Bitcoin blockchain is a public ledger, not private one and it is not a darknet too.

You can achieve privacy and anonymity if you use a good wallet software, non custodial, open source, with Tor connection, run your Bitcoin full node, and use your inputs, outputs, change addresses carefully.

Bitcoin Lightning is off-chain, not on-chain and people can try to use it as mixer but there are technical and security weakness with Bitcoin Lightning Network and can be exploited. Be careful if you want to use Bitcoin Lightning Network to move big funds.

With Bitcoin on-chain, your can get better security and it's better if you want to move big fund.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
July 08, 2024, 03:32:51 PM
#3
For frequent and daily transactions which are small in amount, use lightning network. For huge transaction, use bitcoin on-chain. This has nothing to do with encryption or you can explain better if you want us to give you better answers.
legendary
Activity: 2114
Merit: 2248
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July 08, 2024, 02:24:13 PM
#2
You will need to add more info into your inquiry. The Bitcoin network is not encrypted, it's an open database.

Are you asking about how transactions are encrypted, Bitcoin transactions are not.
newbie
Activity: 2
Merit: 0
July 08, 2024, 02:09:45 PM
#1
What is more encrypted ?
Bitcoin or Bitcoin Lighting ?
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