You can rightfully call Wasabi wallet cowardly, but if you were in their position would you choose to go to jail like the Tornado Cash dev while being unable to pay the developers who work on building the future of privacy? As a matter of fact, are spooks ever concerned about going to jail or do they LARP 24/7 on Twitter about having created a wallet for the streets that’s perfect even though it collects the xpubs of users (I’m referring to Samourai here).
You also don’t understand how this works. Bitcoin is a public ledger, chain surveillance doesn’t need anyone to send them addresses because it’s all in the open. What CoinJoins do is to do large public transactions where the inputs are known, while the outputs become a more difficult guess.
What ZK Snacks did was to avoid “North Korea and human traffickers are using Wasabi” accusations by denying service to unwanted participants. They have no expertise in filtering, so they delegated the task to a company which already curates lists of addresses associated with crime.
When you own a blacklisted UTXO and try to join a CJ round, you get an error message on your screen. Wasabi, ZK Snacks & blockchain analysis can’t know who/where you are because they have no access to IP addresses (communications happen over Tor) or xpubs (Wasabi makes you download blocks so you don’t use somebody else’s node).
Blockchain analysis doesn’t get any kind of information that they didn’t already have.
The side effect of this controversial decision is that the volumes increased. Now exchanges can no longer accuse Wasabi CoinJoins of being potentially criminal. They might as well join some rounds too. So if you get into a Wasabi mix, you know that your coins are universally accepted.
I’m sorry that you got poisoned with misinformation and distorted facts. But in the spirit of Bitcoin, I’ll let you take a look at a Wasabi CoinJoin so you understand what it is and what it does: https://mempool.space/tx/13e6b17842c4aeee6f30642abb493f7eea0fcd809df9a35a83a3c364addb1ae3
You can rightfully call Wasabi wallet cowardly, but if you were in their position would you choose to go to jail like the Tornado Cash dev while being unable to pay the developers who work on building the future of privacy? As a matter of fact, are spooks ever concerned about going to jail or do they LARP 24/7 on Twitter about having created a wallet for the streets that’s perfect even though it collects the xpubs of users (I’m referring to Samourai here).
You also don’t understand how this works. Bitcoin is a public ledger, chain surveillance doesn’t need anyone to send them addresses because it’s all in the open. What CoinJoins do is to do large public transactions where the inputs are known, while the outputs become a more difficult guess.
What ZK Snacks did was to avoid “North Korea and human traffickers are using Wasabi” accusations by denying service to unwanted participants. They have no expertise in filtering, so they delegated the task to a company which already curates lists of addresses associated with crime.
When you own a blacklisted UTXO and try to join a CJ round, you get an error message on your screen. Wasabi, ZK Snacks & blockchain analysis can’t know who/where you are because they have no access to IP addresses (communications happen over Tor) or xpubs (Wasabi makes you download blocks so you don’t use somebody else’s node).
Blockchain analysis doesn’t get any kind of information that they didn’t already have.
The side effect of this controversial decision is that the volumes increased. Now exchanges can no longer accuse Wasabi CoinJoins of being potentially criminal. They might as well join some rounds too. So if you get into a Wasabi mix, you know that your coins are universally accepted.
I’m sorry that you got poisoned with misinformation and distorted facts. But in the spirit of Bitcoin, I’ll let you take a look at a Wasabi CoinJoin so you understand what it is and what it does: https://mempool.space/tx/13e6b17842c4aeee6f30642abb493f7eea0fcd809df9a35a83a3c364addb1ae3
You can rightfully call Wasabi wallet cowardly, but if you were in their position would you choose to go to jail like the Tornado Cash dev while being unable to pay the developers who work on building the future of privacy? As a matter of fact, are spooks ever concerned about going to jail or do they LARP 24/7 on Twitter about having created a wallet for the streets that’s perfect even though it collects the xpubs of users (I’m referring to Samourai here).
You also don’t understand how this works. Bitcoin is a public ledger, chain surveillance doesn’t need anyone to send them addresses because it’s all in the open. What CoinJoins do is to do large public transactions where the inputs are known, while the outputs become a more difficult guess.
What ZK Snacks did was to avoid “North Korea and human traffickers are using Wasabi” accusations by denying service to unwanted participants. They have no expertise in filtering, so they delegated the task to a company which already curates lists of addresses associated with crime.
When you own a blacklisted UTXO and try to join a CJ round, you get an error message on your screen. Wasabi, ZK Snacks & blockchain analysis can’t know who/where you are because they have no access to IP addresses (communications happen over Tor) or xpubs (Wasabi makes you download blocks so you don’t use somebody else’s node).
Blockchain analysis doesn’t get any kind of information that they didn’t already have.
The side effect of this controversial decision is that the volumes increased. Now exchanges can no longer accuse Wasabi CoinJoins of being potentially criminal. They might as well join some rounds too. So if you get into a Wasabi mix, you know that your coins are universally accepted.
I’m sorry that you got poisoned with misinformation and distorted facts. But in the spirit of Bitcoin, I’ll let you take a look at a Wasabi CoinJoin so you understand what it is and what it does: https://mempool.space/tx/13e6b17842c4aeee6f30642abb493f7eea0fcd809df9a35a83a3c364addb1ae3
You can rightfully call Wasabi wallet cowardly, but if you were in their position would you choose to go to jail like the Tornado Cash dev while being unable to pay the developers who work on building the future of privacy? As a matter of fact, are spooks ever concerned about going to jail or do they LARP 24/7 on Twitter about having created a wallet for the streets that’s perfect even though it collects the xpubs of users (I’m referring to Samourai here).
You also don’t understand how this works. Bitcoin is a public ledger, chain surveillance doesn’t need anyone to send them addresses because it’s all in the open. What CoinJoins do is to do large public transactions where the inputs are known, while the outputs become a more difficult guess.
What ZK Snacks did was to avoid “North Korea and human traffickers are using Wasabi” accusations by denying service to unwanted participants. They have no expertise in filtering, so they delegated the task to a company which already curates lists of addresses associated with crime.
When you own a blacklisted UTXO and try to join a CJ round, you get an error message on your screen. Wasabi, ZK Snacks & blockchain analysis can’t know who/where you are because they have no access to IP addresses (communications happen over Tor) or xpubs (Wasabi makes you download blocks so you don’t use somebody else’s node).
Blockchain analysis doesn’t get any kind of information that they didn’t already have.
The side effect of this controversial decision is that the volumes increased. Now exchanges can no longer accuse Wasabi CoinJoins of being potentially criminal. They might as well join some rounds too. So if you get into a Wasabi mix, you know that your coins are universally accepted.
I’m sorry that you got poisoned with misinformation and distorted facts. But in the spirit of Bitcoin, I’ll let you take a look at a Wasabi CoinJoin so you understand what it is and what it does: https://mempool.space/tx/13e6b17842c4aeee6f30642abb493f7eea0fcd809df9a35a83a3c364addb1ae3
Audit the code, lol. Check the cryptography yourself, find the spooky parts.
Is Michael Saylor a spook?
Well, he appears to be against the idea of establishing bitcoin as a medium of exchange, he’s not a fan of transaction privacy, and his financial advice only makes his followers create more demand and velocity for the US dollar – so it doesn’t matter much that the money supply gets inflated as long as there is demand to use tge currency and legitimize its status.
His stance in regards to the censorship-friendly MARA pool is also suspicious. Because if you look at his views and those of three later agencies from the US, you won’t find any divergence or contrasiction.
Learn more in S13 E3 of the Bitcoin Takeover podcast – now available on Spotify, Apple Podcasts & YouTube!
Trusted third parties are security holes.
Facts about Cryptosteel:
1. They are the OGs of metal backups, as they invented the Cryptosteel Cassette in 2013
2. Their metal plates are made in Poland 🇵🇱
3. You can get 10% off on your order using promo code BTCTKVR
4. With the Cryptosteel Capsule, you can also back up Nostr private keys, PGP keys, important passwords
Does Mempool.space collect any kind of data about their users' search queries? And if so, is that data being sold?
According to early project contributor Emzy, no third party actor has access to the users' search queries. However, some data is being analyzed internally by the developers in order to know what to improve.
You don't need to trust Emzy, Simon, Wiz, or any other developer, though: mempool.space is free open source software that anyone can run on top of their full nodes. You can already download the Mempool interface on distributions such as RaspiBlitz, Citadel, Umbrel and MyNode. By doing so, you remove reliance on a centralized website while enjoying the pure awesomeness of the interface.
Probably sooner, if enough time and resources are allocated towards brute forcing a specific wallet (1000 days to steal 50 BTC from one of Satoshi's UTXOs).
But cryptography will also improve in the meantime.
How powerful does a quantum computer need to become to break Bitcoin's elliptic curve public key cryptography? Quote from a 2022 research paper:
"It would require 317 × 10^6 physical qubits to break the encryption within one hour using the surface code, a code cycle time of 1 μs, a reaction time of 10 μs, and a physical gate error of 10^(−3).
To instead break the encryption within one day, it would require 13 × 10^6 physical qubits"
Today's most powerful quantum computer is at 127 qbits (created by IBM).
Can't hear you over the music I'm blasting in my yellow Toyota Supra 😎
How are you planning to celebrate $1 million per bitcoin in 89 days? 🙃
Listen to the entire interview: https://youtu.be/nORYUmeTTyc
According to Luxor CEO @nitronick600, Bitcoin mining is not wasteful at all. In fact, he believes that it will save the world 🌍🌱
How so? Well, Bitcoin mining requires inexpensive electric energy – which leverages sustainable sources and ultimately drives up the market demand for solar, wind, and hydro energy.
Find out more about Bitcoin mining by listening to S13 E7 of the Bitcoin Takeover Podcast – now available on Apple Podcasts, Spotify & YouTube 🎧
Working on a magazine which is gonna be called “Breaking FUD”.
It takes 10 of the most popular FUD topics concerning Bitcoin and debunks them.
The best part? I’ve allowed ChatGPT to pick the FUD topics. So it’s a man vs AI 10-part battle that I hope will help lots of people around the world overcome their own fear, uncertainty and doubts.
Also, the magazine will be open source since day 1, so anyone around the world can print their own copy and share it with those who need it.
Will most likely launch it in May during Pizza Day at Paralelni Polis in Prague. Then I’ll try to bring it to most Bitcoin conferences 🫡
If you’re interested to sponsor the project and get a full page ad plus the logo on the back cover, feel free to DM me.
If you have a friend or family member who is still afraid to use Bitcoin, I hope that I’ll be able to help them overcome it. I’ve been there too in 2015.