A caveat, I have not used any of these tools just yet. The closest I got to adding a layer of anonymity to my transactions and other people's transactions was by running an LN node. At some point, I am pretty sure people were using services such as LOOP to clean relatively large amounts of Bitcoin by running it through my large channels connected to LOOP. I don't run this node anymore, and I don't know if I got any "tainted" coins because of that. I guess I will find out if one day I need to move some of these coins to some CEX that checks for this.
Anyhow, this will be a worry for later (or hopefully never), and is out of the scope of this post.
As I try to look a bit closer to privacy tools such as Wasabi and Samourai (are there others?), I just can't get past the constant in-fighting by what seems to be a bunch of immature nyms to figure out which one to use. Also, the out-fighting, as observed most recently with the interactions between Whirpool and Luke, is not helping.
My main questions:
  • What tool to use, from an outsiders perspective?
  • Using these tools might not solve my issue of interacting with a CEX as they like to flag coinjoined transactions, so would using the LN as explained above, be a solution?
My secondary question:
  • Are these stupid Tw*tter fights hurting the credibility of these tools? If I am to use such a tool, I'd like to interact with tools developed by mature people that I can trust, who can objectively state the weaknesses and strengths of their tools, rather than seemingly intellectually dishonest people.
I wouldn’t discard either of the two, LN and coinjoins can be used together or separately according to different situations (ex. fees).
https://joinmarket.net/ is a much better solution than a centrally-coordinated conjoiner IMO. It’s not the simplest, but there are frontends such as https://jamapp.org/ that make it intuitive.
And don’t overestimate the capabilities of chain analysis firms. They know less than you think.
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And don’t overestimate the capabilities of chain analysis firms. They know less than you think.
This is fairly dangerous advice, IMO. Even if you believe CA is incapable today, doesn't mean you should downplay the importance of on-chain privacy. Since the transactions are recorded forever, and we can very safely assume that CA's capabilities will increase in the future, the best time to begin taking on-chain privacy seriously is now.