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Even though there are ways that Wasabi could be improved, it clearly is the best option out there for coinjoining. PayJoin supporting wallets gets an honorable mention here, as it has clear benefits if both sender and receiver support it. Unfortunately, as much as I would like be able to recommend JoinMarket, the ugly fact is leaving on-chain clues as to where the coins actually came from is a much worse flaw than any hypothetical problem where maybe a coordinator could betray your trust at high cost and risk to themselves.
Cool little mention of privacy gains via Lightning:
In any case, technology is rarely perfect. I personally do not use Wasabi alone. I prefer to use coinjoined coins to open lightning channels, and actually spend my money with Lighting.
Todd doesn't look at any of the whirlpool revival implementations:
We will not cover that protocol here as Samourai was always, and intentionally, horrendously insecure due to its leakage of xpubs by default.
102 sats \ 1 reply \ @OT 17h freebie
I had a brief look to find no mention of Joinstr. I was personally looking forward to it, but it seems that there's not much general interest at the moment.
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It didn't meet the bar of being widely used.
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0 sats \ 4 replies \ @anon 13h
I don't find his explanation of why Join Market doesn't work very easy to understand. I have heard a lot of this rhetoric before, but if JoinMarket "doesn't work" why do people continue using it/working on it.
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Yeah me neither. Seems like what he describes impacts all 3 main implementations to an extent.
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It doesn't. Wasabi is not vulnerable to that issue at all as every participant participates equally. Nor is payjoin, as it's a payment, combining (some) funds for the two parties.
I'd suggest that you sit down with a pen and paper and try working out what input paid the fees yourself. That's the best way to understand the issue.
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0 sats \ 1 reply \ @OT 6h
Knowing who paid the fee in the first round doesn't give away who pays in the next round.
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In Wasabi every participant pays part of the fees. Also, there may only be one coinjoin transaction: depending on your privacy needs, a single transaction can be sufficient.
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