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Hello #Nostr

May i have a question about CoinJoin by Trezor?

Yesterday I ordered a limited Trezor on btc only, I was glad I could catch it! There was a lot of information flying around the space about my Ledger nano X that I wasn't quite sure if I wanted to keep my btc on this wallet.

So I made a decision and took action, I was impressed by CoinJoin from the Trezor, as it is important to me that governments don't know that these Satoshi on the wallet are mine.

But today I came across a video from bitcoin university on ytb where a dude urges not to use this CoinJoin, saying it's not safe.

Do we have any nice #Cypherpunks here on #Nostr who would be willing to explain this to me, bcs i dont get it ?

Thanks so much for your time <3

#PV

Saberhagen The Nameless 2y ago

There are three main coinjoin protocols all with different pros and cons. Main ones are from Wasabi, JoinMarket, and Samourai.

AFAIK nothing is wrong with Wasabi's new protocol Wabisabi 2.0 *itself*. BUT I would avoid Wasabi because they collaborate with chain analysis companies.

JoinMarket is not beginner friendly and from my understanding is not as good as Whirlpool.

The gold standard for coinjoins imo is Samourai Whirlpool + their spending tools (As long as you run your own Dojo).

https://samouraiwallet.com/

Sparrow desktop app also implements it: https://sparrowwallet.com/

As far as hardware wallets...check out SeedSigner. Highly recommended!

https://seedsigner.com/

...Honestly though. I just recommend using Monero for spending if/when you can. Easier, cheaper, and superior privacy than any of these methods. Swap Bitcoin to Monero with a DEX like: https://unstoppableswap.net/

Or a exchange aggregator: https://trocador.app/en/

Or buy directly: https://localmonero.co/

Amounts and addresses aren't even visible on Monero's blockchain to begin with, there is no transaction graph, unlike Bitcoin.

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