On the bright side, as far as I can tell, no one who was using Whirlpool actually lost their money when the feds shut down the coordinator. 👏🏻
Discussion
Whirlpool coordinates the collaborative transaction between users. Whirlpool never takes custody of funds.
True, but there could still have been some bug that causes funds to end up in limbo when the coordinator disappears in the middle of complex task. But so far it sounds like there was no problem.
Non-custodial is the way, and always will be
Right, but since they have the XPUBs, it’s possible that in the future they will require merchants and exchanges (and perhaps services like nostr:npub1casacasahesdrpu6npfth2t0ae37a2cdwwg3c4fkt30v7gzffx3q7wtzdc) to trace history and block funds that were previously involved in a CJ implementation. It seems it has always been their goal — to reduce fungibility by inventing a pretext like “taint.” They don’t have to seize funds if they make them unacceptable.
My face when zapping some fucktard on nostr lands me in jail.