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21 sats \ 0 replies \ @0277316049 7 Aug \ parent \ on: "Mix Depth" concept borrowed from JoinMarket & applied in Wasabi privacy
I view coinjoins and LN as very different use cases that can provide some of the same benefits. I agree with you that lightning can be very private, but I don’t want to have large amounts of bitcoin tied up in a hot wallet on a lightning node. There is too much risk there. I’m going to coinjoin it and send it to a hardware wallet.
I’ll keep a several hundred thousand sats in a lightning node but not more than that.
I attempted to use this feature in Wasabi right after it was released. What I found was that it outputted the coins to the new output wallet after only one round of coinjoins, regardless of the privacy scores reached in that round. I assumed that it would continue to mix the coins within the original wallet until it reached the privacy score that I had set and then on the final coinjoin round it would output to the configured wallet.
My use case is to receive new coins to a hotwallet within Wasabi and then coinjoin them and transfer to a hardware wallet that is also configured within Wasabi. I was hoping this feature would save a transaction at the end of the rounds of coinjoins, but it didn't work the way I was expecting.
With Bitcoin's 10 minute blocks, I don't think that the bitcoin network will extend too far beyond earth orbit. While the moon is only ~2 light-seconds away, the outer planets are several light hours away. Transactions could be received but heavily delayed. No node out there could stay in sync. Bitcoin mining could not happen that far out.
If/when we get that far, bitcoin will likely stay earth-centric. Maybe there are other block chains that spin up on each planet that mimics the properties of bitcoin (or are exact copies).
Because despite the amount of complaining online about the other old guy, Americans still vote for their side's old guy because they don't think he's as bad as that other one.
Americans get the candidates we deserve.
188 sats \ 4 replies \ @0277316049 8 Jul \ parent \ on: Uncertainty in the Chevron Doctrine Void econ
Arbitrary rule changes. Definition changes. Things that they have held as legal for years can become illegal with a change of interpretation of existing legislation.
With how political the regulation of guns is, the broad authority to easily change the rules without underlying change in the legislation results in a highly politicized agency.
GENESIS