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21 sats \ 0 replies \ @satsbridge OP 1 Dec \ parent \ on: Privacy in Bitcoin, state of the practice privacy
20% of users (dev's words on hearings) is substantial.
There is a caveat that Dojo wasn't around from day one. So it may be 20% of users at the moment of their arrest.
You are right these are heuristics. However they may be amended with data from other sources.
Wasabi was great to address issues of WabiSabi in multiple versions.
Yes they did a good job about updating it.
Oxt.me was a great too, hopefully someone will make something similar but using BlockSci.
Yes. It was my mistake.
However, the BlocSci tool has a collection of known WabiSabi flaws when it comes to chain analysis. Albeit I am personally do not consider it as flawed protocol unlikely to JoinMarket for which my own analysis indicates that Fidelity bonds are ineffective and there is high likability that the orderbook is full of Sybills.
It is not 100% clear if FEDs could access collected XPUBs of Samourai Wallet users, but it was mentioned on the hearings and developers reported about 20% of users that were using Whirpool coordinators.
No, it has died and more importantly some of its users, probably a majority, could be doxxed at scale.
do you find this essay dumb?
https://nakamotoinstitute.org/mempool/speculative-attack/
SatsBridge vision and value proposition for bitcoiners is to allow exit into native Bitcoin, and therefore allowing lowering exposure to risk. To be more specific, Vaults also enable access from favorite wallets and allowing not using metamasks and not looking for services to swap into native token for paying gas fees. All Bitcoin LNURL enabled wallets will benefit from this protocol, or specifically Vaults service by SatsBridge.
There are little problems in the design rn.
There are 2 or 3 QRs. You have to be very patient and alert to not miss them.
1/ Authentication to avoid DDOS, then another optional for payment
2/ Actual approval of deployment
You achieve quite an opposite.
You in fact turn those who already use Lightning ahead of shitcoins for some reason, to install Metamask, Okx, Trust whatever shitty wallet they may need in the moment.
Whereas with this service
- user does not need to install metamask for example, to accept payments and withdraw later at any convenient moment into btc onchain or offchain
- favorite non-custodial wallet becomes more useful
- those who still use Metamask or Trust or whatever may use Lightning wallet more frequently as 2FA device which is good for this Lightning wallet long term
Thank you for feedback.