Thoughts on coinjoin?
0 sats \ 4 comments \ @poe7645 24 Dec 2022 bitcoin
As I gradually learn all the in and outs of all this Bitcoin stuff. What are some of your thoughts out there on coinjoin? I know the benefits of privacy and all the good it offers, but sometimes paranoia gets the best of me. All the nonsense the government bodies try and pull in relation to "mixers" and slap the label of laundering on anything they see as a threat to absolute control and intel on everything have kept me from using such a service in fear of having my addresses black listed somehow someway.
I know I've read that some wallets such as Wasabi and Samurai (I have Wasabi installed just have yet to fund and use the feature) offer a coinjoin feature natively in the wallet. Aside from the governmental risks are there any other technical risks to losing my BTC in a coinjoin?
My "privacy" tactic lately has been sending to a buffer self custody wallet, eventually as the amount adds up I manually select individual utxo and send to my cold storage and never mix back to my kyc wallet or addresses to taint utxo sets.
As an aside. Obviously this is a hypothetical as I have never purchased or self custodied any BTC and if I did I accidentally got duped into giving out my seed phrase to a phishing scam that told me it would give me 2 whole Ethereum which is obviously better because it's a whole number and not some weird decimal nonsense.
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5 sats \ 1 reply \ @ama 24 Dec 2022
I don't really get what's the point of your keeping your sats for a while on a "buffer" wallet and then sending them to cold storage, won't they still be perfectly traceable on the blockchain?
I believe that if you're planning to keep your sats as such and never try to buy fiat with them through a centralised exchange, you should be all right with coins coming from a coinjoin. I haven't done any myself yet, though, since I don't have any KYC tainted coins.
I'm also really excited about the perspective of MWEB coming to BTC, which will probably happen, after being successfully activated this year on LTC, since it's a magnificent step towards privacy.
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0 sats \ 0 replies \ @poe7645 OP 24 Dec 2022
I agree it's silly of me and is still highly traceable. I just wanted to try and keep the utxo that were a hop or two out from the ones directly from the exchange had a slightly more plausible deniablity thing going. But I do agree it really does nothing.
And I don't have intentions to trade anymore. 2020 was my year to make those mistakes while I figured out what really matters in the space. I'm still trying to set up my own node and eventually hook my cold storage up to it as even now I'm sure just being connected to someone else's node would void the potential security measures I would hope to achieve through coinjoin so. I'm not in a terrible rush.
I appreciate the feedback, I'll have to look more into this MWEB thing. That's the issue with all this is the endless avenues of information.
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0 sats \ 1 reply \ @01xCc 24 Dec 2022
чистый биткоин стоит от +10% от грязного.... так что методика поиска грязных подходит к концу... все биткоины станут чистыми....
Нужна технология для таких монет?
Что по поводу сид фразы... так это совсем просто... у каждого кошелька есть закрытый ключь храни его. и слова не нужны... чисто технически ,24 слова можно сломать... а вот подобрать ключь не возможно. Сатоши уже доказал это... с его адреса нет вывода... а вот в 24 слова не очень верется...
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0 sats \ 0 replies \ @01xCc 24 Dec 2022
этим методом можно предохронять все монеты. 1 транзакция из вновь полученного блока позволит проверить лишь одну транзакцию))) которая приводт к блоку в 6.25 монет))) все просто)) таким методом делают кристально чистые монеты. даже если они и до этого были чистые))) у каждого свой "иногда паранойя берет верх"
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