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Replying to

Toshi

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.

Max 1y ago

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.

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Discussion

Toshi 1y ago

Why does it mean that on average one can only remix 2.4 times?

Max 1y ago

3 remixers, 2 new participants.

Toshi 1y ago

Yeah, but I can wait forever theoretically. Or what do you mean?

Max 1y ago

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://camo.githubusercontent.com/64f7edc09a423b271e7662a047e4a3c3eec74bdfd1605803e9e483e39716af6a/68747470733a2f2f692e696d6775722e636f6d2f384d6c547957722e706e67

https://github.com/nopara73/dumplings?tab=readme-ov-file#freshbitcoins

Toshi 1y ago

👀