Nostr Web Client

#WasabiWallet coordination service will be free.

This is a fantastic improvement because the protocol is now safer and cheaper for everyone. No more "trust me, I am a reputable coordinator", no more "plebs don’t pay" (whatever that means), no more "remix don’t pay", no more "friends don’t pay/one hops don't pay"—none of that nonsense! Now it’s simple: you don’t pay, period!

This closes all doors for malicious coordinators to try to trick the client into paying more than what they would want.

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Discussion

stove5 1y ago

No fee will be baked into the code?

lontivero 1y ago

The protocol doesn't have that concept anymore.

lontivero 1y ago

Can you still make money if the coordinator doesn't take any fees?

YES! With WabiSabi coinjoins, most transactions don’t generate change, but small leftover sats for some users that are uneconomical to return can add up. When they’re enough to pay for a new output, that output can be taken by the coordinator (or "donated" to miner).

How much can that be? It varies based on network fees and the number of participants in each round. For some, it’s a nice passive income. But for some people in countries like India, Nigeria, or the Philippines, it can be a lot!

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Cyph3rp9nk 1y ago

The coordinator is already in operation? I can't find any reference to it.

lontivero 1y ago

There are multiple coordinator in operation already. This robot can help you to find one: npub1u4rl3zlfa2efxslhypf4v6r8va5e0c9smxyr5676pxkyk0chn33s0teswa