Sphinx: The anonymous data format behind Lightning and Nym

[krach]

Sphinx is an anonymous cryptographic packet format without precedent
, and it powers both the Lightning Network and Nym. This is how it works its magic.

https://medium.com/@nymtech/sphinx-tl-dr-the-data-packet-that-can-anonymize-bitcoin-and-the-internet-18d152c6e4dc

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[seoincorporation]

Sphinx is an anonymous cryptographic packet format without precedent
, and it powers both the Lightning Network and Nym. This is how it works its magic.

https://medium.com/@nymtech/sphinx-tl-dr-the-data-packet-that-can-anonymize-bitcoin-and-the-internet-18d152c6e4dc

Is a great article. but looks like it's too late to make from bitcoin something anonymous... I mean, the technology looks nice and it could work, but some coins like Monero already solve the puzzle. The right way to be anonymous in our transactions is using a blockchain made for that task, easy as that.

[krach]

Is a great article. but looks like it's too late to make from bitcoin something anonymous... I mean, the technology looks nice and it could work, but some coins like Monero already solve the puzzle. The right way to be anonymous in our transactions is using a blockchain made for that task, easy as that.

You do not need to make -another- blockchain for network level privacy. You need to use something like NYM. Think of it in a similar way of using TOR with a bitcoin node.