Replying to Avatar Max

Wasabi is built in such a way that the client does not trust the server, and no sensitive personal information ever leaves your laptop.

This means the coordinator (with whom you agree to the T&C) does not know your IP address, name, or which addresses belong to you.

You only trust the coordinator with uptime, meaning that it is expected that some addresses might be rejected from registering. In this case still nobody can steal your bitcoin, and you can spend them wherever you want.
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HODLÉire🇮🇪 2y ago

Ah nice one so it’s trustless and just facilitates the transactions. Nice one thanks for that!

So the main value prop here vs other mixers comes from how easy to use it is ? Hence the “service” fee. So then does the coordinator still pull from an open pool of transactions? Say people who are wanting to coinjoin through whirlpool ? Or are these different protocols and so have different anonymity sets ?

I couldn’t find it in the docs but just link it if so. You’ve taken enough time out to reply to me. Much appreciated btw.

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Max 2y ago

Wabisabi differenciates itself by having extremely low cost.

First, the UX is trivial and everything is automated, so there is little educational cost.

Second, the time until your entire wallet is private very short, so there is little time cost.

Third, the blockspace consumed is managed very efficiently, so there is little mining cost.

Fourth, not even the coordinator can steal from you, so there is little rug-pull risk cost.

Wasabi, BTCPay, and Trezor Suite users all participate in the same coinjoin transaction, and other wallets can implement this protocol too.

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HODLÉire🇮🇪 2y ago

Got it! Sounds good to me I’ll do a few test ones. Thanks a million!