It’s slow AF. Use JAM - more expensive but much faster and better mixing
Discussion
JAM? is that joinmarket?
Yes mate
Any trade-offs in terms of privacy here? I’m just about to do a bit of my own research, but I always thought of Whirlpool as “gold standard” in terms of its privacy - but yeah, feels like maybe the liquidity isn’t there (in the pool I’m in at least)?
How has Join Market solved the liquidity issue? It seems newer so I wouldn’t expect more people using it?
Yes they’ve solved liquidity but the coinjoin will be 8/9/10 paths.
Currently paying about 50-60k Sats per whack to get things in next block but you can dial down fee rates if you’re happy to do things slower.
Ben nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 has a good tutorial if you want to know more https://youtu.be/FbyjG2upGO8
yeah, i just watched that entire video, it looks a little more complicated than sparrow / whirlpool, nice UI, but it’s not as simple as like pay one fee and wait - sort of seems like you have to keep making transactions, and keep paying that fee
i think i just need to become a bit more comfortable with the fee structure and i’ll be all good though
when he looks at the outputs it’s interesting how they aren’t all the same value, there’s a mix of matching values
i did a quick search on samourai twitter to see what they mention about joinmarket (because they usually don’t beat around the bush when it comes to criticising shit)
they seem to place it below whirlpool but above samaurai, almost feels like their opinion might be “if you’re not going to whirlpool, probably should use joinmarket”
i think the only concern my simple brain could make sense of was that joinmarket reuses liquidity, so i think whirlpool is waiting for fresh liquidity to remix, but joinmarket you could technically be mixing with the same handful people over and over, so it’s not seen really as a gain to the anonymity set
could be completely wrong there tho, that was just what i could gather from a quick look, i’ll keep looking
Why is it slow?
I don’t know. In my reading apparently all subsequent mixes are slower because you’re coinjoining with others who have paid the fees (you only pay for initial mix) but it’s so slow you’d think there’s like 3 people a week using the service.
Yep, similar experience as above. I’ve had it sitting there trying to remix for like the better part of a week and the most mixes a UTXO has is two (2).
I’m guessing it’s a liquidity problem?
I know you get decent privacy gains just after a single mix, but I was I do feel like a 10+ would feel a lot better, at this rate I wouldn’t even have 10 mixes after like two months 🤨