21 sats \ 7 replies \ @Coinsreporter 22 Jun \ on: Free coinjoin coordination bitcoin
The more I look at coinjoin, the more it feels like it's a pleb thing, not for normal users. Am I right? Or, is there something that a normal user can actually get out of it?
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162 sats \ 0 replies \ @kruw OP 22 Jun
The purpose of a coinjoin is to protect your on chain privacy, it's not difficult, the client does all the construction and signing of the transaction for you.
Normies who aren't interested in privacy would be able to benefit by using the coinjoin transaction as a non custodial scaling layer. The inputs registered to a coinjoin round are converted to an ephemeral ecash token that you can respend before the round ends and the coins are settled on chain. You can read more about this technique from this thread: https://x.com/MrKukks/status/1619294492854747138
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11 sats \ 5 replies \ @TNStacker 22 Jun
Can and should, but won't.
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21 sats \ 4 replies \ @Coinsreporter 22 Jun
How? Please guide..
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182 sats \ 3 replies \ @kruw OP 22 Jun
Coinjoin is automatic using Wasabi or the BTCPay plugin. A new coinjoin round takes place every hour on my coordinator, all you have to do is wait.
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21 sats \ 1 reply \ @Coinsreporter 22 Jun
Do you have wasabi for mobile?
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63 sats \ 0 replies \ @kruw OP 22 Jun
No, it's available for Linux, Mac, and Windows only. Make sure to use the official website ( wasabiwallet.io) since there are many phishing links that appear in search engine results.
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0 sats \ 0 replies \ @TNStacker 22 Jun
That's awesome.
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