Oh yeah I was a victim of that bullshit also but luckily it stopped.
Is this like for 5th graders 🤣🤣🤣still remember elementary school. Fake awards for participation 😂😂
How would I know?
But again bip47 works just like it supposed to. You still cannot tell beyond notification tx.
Yes one can see anyone that connects to a PayNym since they pay to the PayNym notif address. But the addresses derived from that connection can not be found out.
Stop your bull shit word playing once again let me explain it to you.
Pool fee is for paying Samourai. Dual purpose of paying them for the software development, liquidity management as well as making it expensive to Sybil attack mixes. The miner fees pay for your txs yes as there'll be a few when you whirlpool.
Coinjoin wouldn't work without pool fees. It is primarily a sybil attack prevention.
Whirlpool is different than other CoinJoin services, in that you do not pay a volume based fee per anonymity set, but instead you pay a one time flat fee for an unlimited anonymity set.
To put it simply, it costs the same in Pool Fees to cycle 1 BTC or 1000 BTC. Once the pool fee is paid, it costs nothing to continue cycling. With each cycle you gain a greater privacy advantage with a deeper anonymity set. A Tx0 is the transaction your Samourai Wallet will create that splits your selected UTXO’s into the right size chunks for the pool you have specified.
The Tx0 makes all your UTXO's share a tx hash, which prevents them from mixing with each other, preventing an "accidental" Sybil attack from entering a large amount of BTC, Samourai separates the coordinator fee in the Tx0 no fee flagging in the fee addresses.
There are mitigations in place within the Whirlpool protocol. Most importantly is the fact that remixers for each round are chosen randomly. So even with an adversary running a large number of clients, they wouldn't be able to guarantee on a per round basis that they could be the majority of inputs.
A sybil attack is something very specific, IE a single entity running multiple mixing clients which would manifest itself as multiple UXTOs from the same mix.
The remixing incentive is an important aspect of sybil resistance. By incentivizing users (remixing for free) you give them the opportunity to mitigate against the outcome of a sybil'ed mixing round.
Wasabi and Samourai have completely different fee models. Samourai is once only whereas Wasabi gets commission per mix.
Therefore, Wasabi is incentivized to Sybil their mixes.
Samourai Whirlpool provides free remixing (no transaction fees) so you can leave your coins as long as you want in the pool to mitigate concerns
There is structurally enforced liquidity going into a mix. A single Tx0 fee on Whirlpool means you still only get one coin in per mix and don't mix with yourself which makes it very Sybil resistant
Also you are gaining verifiable on chain privacy with a centralized conjoin from external observers - conjoins will always have a Sybil attack as a weakness so you should pick the scheme that gives you the best chance of gaining privacy.
Something like JoinMarket isn't immune to this either as the maker is the coordinator for every mix. "Decentralized" means just the guy offering the lowest fees observes the mix as they contribute to it.
You remix to avoid the risk of getting sybilled but on chain there is literally zero link.
Ultimately though, the Tx0 is a good mechanism against Sybil attacks as it ensures there's an up front cost and for users that are concerned about this threat, they can stay remixing at no extra cost.
what is here hard to understand?
I agree but without kyc/aml and government compliance = control again! Bitcoin was not created to comply with government control.
Why do we need hyperB? everyone will acquire/earn bitcoin at the time they deserve it. There is no need for hyperbitcoinization when kyc bitcoin (government sats) exists. The point of bitcoin is anti government control (kyc sats) and not compliance to kyc aml.
Here is an nft you want to add to your collection. Could be yours - I’ll sell for 20 bitcoin
Does tamsulosin heals the problem or just a temporary fix?
4) Kyc bitcoin is a shit coin 💀.
That is why there is a flawed concept of equating Bitcoin to money. By framing Bitcoin in this way is to let the enemy choose the battlefield. If Bitcoin is money you eventually accept that it must be regulated and controlled as all money is.
Bitcoin isn't money. Bitcoin isn't cash. Bitcoin is an entire system, a system for creating the conditions of physical cash, electronically.
I use sats as electronic “cash” just like satoshi explained.
If you carefully read Satoshi's white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" you realize that we are increasingly in a world where we are taught to be suspicious of cash, that those who choose to deal primarily with physical cash are shady at best or criminals at worst. Make no mistake, this is a war, and the victory condition is a state where ALL transactions are tied to an identity that leaves an audit trail for law enforcement and tax authorities.
The war on cash is a real thing. The benefits of a cash free society are too great (from the perspective of central bankers and the state) and make no mistake the war on cash is a WAR ON YOU!
Bitcoin represents a serious threat to the war on cash. Without firm control the central banker vision of a cashless society can be severely undermined with Bitcoin.
In Satoshi's white paper title, p2p electronic cash brings system that Satoshi described as electronic cash and it was successful - it created the conditions for an electronic analog to physical cash.
For the first time ever, data could be cash. And data is analogous to speech, and speech always wants to be free.
Unfortunately from the very early days Bitcoin has been painted as "a better money" but this is flawed and why #Bitcoin is being actively attacked in the war on cash, tied up in 'Anti Money Laundering' regulations.
There are no 'coins', no 'notes', no 'currency units'. There is only a chain of digital signatures. There is no issuance of currency. When a new block is found a new special digital signature is created. The signature announced publicly to anyone who will listen.
They are no wallets because there are only keychains that hold public/private key pair data.
Text. Data. Speech.
The fee is to prevent Sybil attack. Before criticizing educate yourself or 🤐!
I can’t find that original post that yuu posted earlier that maxhillebrand posted comparison or was it on Twitter?
And the reason why it’s because lightning is not private and traceable.
all of these are folks songs my grandma sang to me
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Wonder how much did wasabi pay BTCpayserver for this scam to be included as a plug in?