03:22:58 <MaxQzc> hi everyone i am new to Monero
03:23:13 <MaxQzc> Hi everyone!!!
06:07:38 <netrik182> hi MaxQzc, nice to see new translators around :)
11:59:29 <synaps3> how does monero privacy comapres with LN privacy ?
11:59:34 <synaps3> bitcoin lightning network
12:00:12 <merope> One is private, the other is not
12:00:24 <synaps3> lol
12:01:30 <synaps3> some people claim LN is more private than monero bc it uses some onion routing to pass transactions
12:07:43 <merope> Those people do not understand osi layers
12:08:14 <merope> Onion routing only encrypts data in transit, so nobody will be able to see that you are using lightning
12:08:58 <merope> But all those transactions eventually get settled in the clear on the main chain, so anyone can see the outcome
12:09:27 <merope> They just won't know your ip address while you do it
12:17:00 <Mochi103> Don't you have to trust the Lightning Node operator too?
19:52:58 <apotheon> Mochi102: Yeah, you have to trust the node operator, as I understand it.
19:55:08 <apotheon> merope: My understanding is that the taransactions in LN get aggregated so that the specifics of whatever activity happens in Vegas stays in Vegas, but the overall effect gets settled on the blockchain.  Depending on how many people were involved in the LN activity, then, it can be difficult to figure out who gave money to whom.  Now that I think about it, that's kinda like a mixer in terms of
19:55:14 <apotheon> its ultimate privacy effect, but via a different mechanism.
19:55:56 <apotheon> Someone correct me if I'm mistaken about any of that.
21:28:21 <Danilo82> do i need to keep my wallet online all the time to receive coins, whenever i open it i will receive it?
21:29:16 <Danilo82> or*
21:33:01 <nioc> Danilo82: no need to keep your wallet online 
21:33:53 <Danilo82> ok do i need to keep a wallet file if i am using n online node?
21:36:26 <nioc> everything happens on the blockchain, that is where your coins are  
21:36:33 <nioc> your wallet allows you to access your coins 
21:36:38 <Mochi102> like a key
21:37:06 <Danilo82> so i only need the key right?
21:38:18 <Mochi102> yes
21:38:40 <Mochi102> the other is stuff like the addresses that you sent to, etc
21:39:33 <Danilo82> if i can make multiple addresses, will using the key open these addresses too or only the main one?
22:04:57 <merope> One key (the wallet seed phrase, specifically) is used to generate all your addresses
22:06:21 <Danilo82> so lets say if i deleted all of this wallet thing, and opened a new one with my keys, i would have the same 2 addresses right?
22:07:18 <merope> If you restore your wallet using the same seed phrase you had, yes
22:10:15 <Danilo82> ok
22:11:37 <Mochi102> deterministic addresses
22:11:52 <Mochi102> so they're 'recreated' in the same sequence.