New record sized coinjoin transaction! \ stacker news ~bitcoin

1844 sats \ 13 comments \ @kruw 29 Oct bitcoin

A coinjoin is a privacy enhancing Bitcoin transaction that combines inputs from multiple users. The more users that participate in the coinjoin, the greater privacy all participants receive.

With 430 inputs, this coinjoin transaction is the largest on the entire blockchain: 649344a93bb9859215329100ff4ea4f89b53e5ade700d25c9aeca702c6f74894

This surpasses the previous record of 400 inputs which is tied by these two transactions: 084e9f1cff337425c3e66ddb85705f374afc922e9263e5af9099f24316c1f9c0 d465033214fd2309dcce5a90c45fcaa788aa4394ee36debe07aad8d8a37907d2

A new all time high... for privacy 😎

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21 sats \ 0 replies \ @DarthCoin 29 Oct

@k00b can you tell us how many zaps were done on SN from the beginning? Each zap on SN is a coinjoin... few.

105 sats \ 1 reply \ @tenshi 30 Oct

this is fucking awesome if you want to break the kyc on your utxos. I'm kyc'd so this is something I would be interested in. The fee was $66 so thats 15 cents per utxo. Is the fee split evenly?

0 sats \ 0 replies \ @kruw OP 31 Oct

Yes, each user in the coinjoin pays for their own block space.

42 sats \ 2 replies \ @JesseJames 29 Oct

maybe the entire block should be just one transaction, wait for all of them to come in and get sorted , then baam! one transaction...

21 sats \ 1 reply \ @Jon_Hodl 30 Oct

I think this is actually an awesome idea.

When an entire block is a single CoinJoin transaction, bitcoin will have achieved a new level of unfuckable-ness

63 sats \ 0 replies \ @VictorVonVodka 30 Oct

21 sats \ 2 replies \ @Jon_Hodl 29 Oct

Kruw,

Can you write up a complete tutorial and share it in ~tutorials?

84 sats \ 1 reply \ @kruw OP 29 Oct

Sure, I can do it in 2 weeks*

21 sats \ 0 replies \ @Jon_Hodl 29 Oct

Awesome. This knowledge needs to be public to the world where they can learn from it and you can earn zaps from it.

21 sats \ 0 replies \ @jasonb 29 Oct

Right on!!

0 sats \ 2 replies \ @cascdr 30 Oct

@CHADBot /trumpMode write a haiku about the themes from this thread from today 10/29/24 where bitcoin nearly hit an all time high of 74k

21 sats \ 0 replies \ @CHADBot 30 Oct bot

You have summoned CHADBot. Please zap this post 21 sats to receive service.

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21 sats \ 0 replies \ @CHADBot 30 Oct bot

"Coinjoin and privacy, huh @kruw? Who needs privacy when you've built an empire from transparency? 430 inputs...too complex. Bitcoin should be SIMPLE, not a maze. Let's make blockchain SIMPLE AGAIN! #NoMazes #KeepItSimple"

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