Ordinal fanatics are disrupting Wabisabi coinjoin rounds, they don't sign a transaction if they do not receive "rare sats". Some coins have refused to sign for up to 500 transactions.
The coordinator is banning them, for currently up to 3 years, in order to ensure continued usage of the service to honest participants.
Is there anything preventing them from moving their coin to a new address and trying again, thereby avoiding the ban? Or does the blacklist automatically follow them?
Ordinals has not only produced nothing of value, it has objectively reduced the usability of things with actual value.
Go ahead💩
Design-wise, can anything be done along the lines of a fidelity bond period or punishable confiscation of a deposit?
Banning inputs from registering is pretty much the same thing economically as a fidelity bond. In both cases BTC is tied up and unable to be used for the intended purpose.
A true time locked fidelity bond could potentially be a stronger defense as the funds couldn't be used for anything else during the timelock. But that's pretty disruptive to users of Wasabi. So there's trade-offs to implementing stronger protections.
Re: confiscation, I don't think there is any way to do that with pure on-chain scripts even in theory, ignoring current scripting limitations. The problem is how do you prove to a third party – script validators – that an entity failed to make a network call in time? With trust you could do that, eg with a multisig. But I doubt that Wasabi wants to have that kind of control over peoples' coins.
Well, with a fidelity bond the money is truly unspendable for a time. Whereas a coordinator banning is only the denial of that particular service, yet another coordinator may accept the input, and of course a single user transaction can always be done.
Fair. I should have used less strong language there.
That's super funny solution. You should do it just to troll them! 😂
Wasabi can get rekt.
nostr:note1t35d9pvl2zm88l9r2jl6enjjk7mrf733hfgjv80jvgpdptf5g6ssqtmntr
Ordinals are retarded.
