I'm really glad that there are Whirlpool and Wasabi to choose from when it comes to coinjoins.
But GOD is it annoying to have to wait literally weeks and months to get an anonymity set of 10 in Whirlpool.
Wasabi takes maybe a couple of hours and my anonymity is sometimes even higher.
Yeah, this is the downside of newcomers paying for the mining fees of remixers.
If there are no newcomers, then it is not possible to coinjoin at all with whirlpool.
This also means that on average a user can only remix 2.4 times.
Wasabi never had this problem, you pay for your own blockspace, and so you can do it whenever you want to. On average the remix ratio is 20ish with WabiSabi.
Why does it mean that on average one can only remix 2.4 times?
3 remixers, 2 new participants.
Yeah, but I can wait forever theoretically. Or what do you mean?
Whenever you remix, you take away the opportunity for someone else to take this remix slot.
Sure, one coin can make 100 remixes, but then other coins are stuck at 1 remix.
The average 1 bitcoin volume can only remix 2.4 times.
(this is an old chart from dumplings, it's before Wasabi 2.0, which had a remix ratio of between 10-50 per month)
https://github.com/nopara73/dumplings?tab=readme-ov-file#freshbitcoins
👀
Just use the "shitcoin" Monero that is made for this very purpose.
Use it as a pass through?
Yes, but you have to do it a certain way just keep in mind
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if there's no second best then why do these other chains like XMR and ETH keep supplementing the missing features in BTC for so many users? I keep waiting 18 months and it never goes away.
Many people care more about security, scarcity, and wealth preservation than “features”
you losers already effectively threw self-custody in the garbage with your lightning filth. you lost your credibility to judge which features are unimportant.
Nobody cares about your credibility judgement. Enjoy XMRBTC going permanently down. Privacy by default chains will never be adopted at scale.
why not? are you seriously going to entertain the idea that bitcoin is best because it's not as scawwy to totalitarians? you maxis are such cowards. all you care about is the price going up. throw everything else in the garbage for this stupid mission. then act like nothing's wrong when almost everyone is using some kind of custodial wallet. the market cap surely justifies all of the above.
Because the state won’t allow it to scale. States are too powerful in recent decades to allow privacy chains to scale. Look around, it’s fiat denomination, transparent blockchains, or we throw you in jail or kill you.
Let’s back up, it sounds like you’re taking the no second best MEME literally 🤣 While seething that the market has chosen a clear winner for 15 yrs straight. Obviously the people have decided ETH is 2nd best. More people want hard, slow, secure, fuck you money than private or ocean-boiling resistant pre-mined fiat securities.
Stop being a false binary retard with your arguments.
which market are you talking about? DNMs abandoned bitcoin in favor of monero. that market has chosen. it's used for trade, not hoarding. and nobody is using bitcoin to do defi. you don't control every market. you just control the useless speculators. some of us don't want to just sit on our coins and masturbate to the price ticker all day long.
if you're so worried about appeasing the government to protect your store of value bullshit, why don't you go ahead and propose a BIP that would print everyone's social security number into the op-return field. let's just add elizabeth warren to the github repository. you're a cuck. they paid you off and now you don't believe in anything important anymore.
keep bragging about the market cap. the wealth of the custodial lightning wallet provider isn't going to preserve itself, ya know. then when 99% of users are stuck on a custodial lightning wallet and they have no privacy and don't own anything, don't ask how we got here. who cares about any of that. you got paid. you were the smart one. it was only ever about getting paid after all. everything else was just an unimportant feature.
But cordinator for cj on wasabi is not safe? Or i m wrong?
Wasabi uses Wabisabi, which is the most private coinjoin coordination protocol, the coordinator cannot steal or spy from you, it's safe.
Isn’t coordinator collaborating with chainanalysis company that is spying ?
The client does not trust the coordinator, and is thus not sending any senive information to it.
The coordinator has only public information, what's already on the blockchain, and thus it cannot collaborate meaningfully with others to deanonymize users.
You know all this though ;)
"zkSNACKs Ltd. may execute illicit activity checking and control via a contracted third party solely in its CoinJoin coordination services. zkSNACKs Ltd. may suspend your UTXOs’ access to the CoinJoin services, with immediate effect for any reason - including but not limited to illicit or prohibited activities, applicable sanctions programs, or any crime or money-laundering activity - at its sole discretion and is under no obligation to disclose the details of its decision to take such action with you. In this case you are not permitted to use the relevant/high-risk bitcoin UTXO to reach the CoinJoin services.
You acknowledge that zkSNACKs Ltd.'s decision to take certain actions, including suspending for any reason at our sole discretion, may be based on confidential criteria that are essential to zkSNACKs Ltd.'s risk management and security protocols. You agree that zkSNACKs Ltd. is under no obligation to disclose the details of its risk management and security procedures to you.
Your access with the relevant bitcoin UTXOs to the CoinJoin services will be permanently suspended."
