Whirlpool especially

What's joinstr, fren?

The inherent liquidity of Bitcoin as a currency creates intriguing stability – it’s a gamble with minimal risk, despite its low demand.”

what about fast in-person payments? like at a coffee shop

You can do it through sidechains like Liquid (100% reserve-backed and auditable algorithmic bank). You can even run Lightning on top of Liquid. The crux of the matter, and why I say this, is that the less Bitcoin's code is modified, the better. If it works, it works. The events speak for themselves: today Bitcoin is more vulnerable than it was before Taproot and SegWit.

Whirlpool is a business that scams its users with its fees. It has always been a flawed protocol.

whirlpool provided a service in exchange for a fee, just like joinmarket and wasabi in its current form. none of them is a scam

Nope. The fees in Whirpool are smaller than being a taker in JoinMarket. I checked and compared that a few times. Remixes are free in Whirpool. How is the orderbook/liquidity in JM-NG? Is it useable already?

Use it if you want, it's garbage and expensive. If you want to trust a centralized coordinator without knowing the code it's running, I'd rather use WabiSabi, which doesn't charge fees for mixing. That's why it currently has the highest CoinJoin volume in history. Whirlpool has always been flawed: - Labeling attacks - Poorly constructed Tor circuits The coordinator could link inputs and outputs. For everything else, JoinMarket and JoinStr.

To mix 1M satoshis. Whirlpool 5% + mining fees WabiSabi 0% + mining fees JoinMarket (you have ridiculously low fees of 0.001% and even less...) + mining fee Whirlpool is literally a scam for fools.

JoinMarket Browser Interface

Wasabi allows for labeling attacks, the way it builds tor circuits is a complete mess and the most notable coordinators will tell you it’s free and trustless while actually making 10k a month by quietly scooping up sats from users - the definition of a scam, see nothingmuch’s comments on this.

I'm not defending Wasabi. Wasabi has flaws in the way it builds Tor circuits, but the fact is that Samourai used the same Tor circuit for everything—I pointed out the bug here myself. And this is also acknowledged by the developer you mention—who, by the way, isn't actually named that. Wasabi's handling of Tor circuits is light-years ahead of what Samourai did. Don’t fool yourself—I audited Samourai’s code myself.

Whirlpool: ~5% once + mining fees (remixes free -> much higher privacy set over time) WabiSabi: 0% + mining fees JoinMarket: 0.01-0.03% per round (as Taker) + FULL transactions mining fees every time The "ridiculously low 0.001%" is not real and what is misleading here. You pay 0.01-0.03% and that repeatedly + the FULL miner fees, which is why JoinMarket usually ends up more expensive overall.

Send satoshis and get the fuck out.

What is wrong with lightning?

in whirlpool 🌀 5% fee only applies if you sending 1 single utxo denominated in pool size. but if you sending max of 20 utxos allowed into tx0 then you only pay 0.25% fee and remixes are free forever as long as there is fresh incoming tx0 here is the link with txid of tx0 and its fee

Whirlpool.Observer

Whirlpool.Observer

Explore Ashigaru Whirlpool CoinJoin cycle history and TX0 activity.

for example and onchain data does not lie this tx0 only paid .25% and not 5% becuase total utxos that were sent to a pool were maximum allowed of 20utxos therefore fee was only 0.25%

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

@Cyph3rp9nk now tell me who is the scammer here. wasabi - 0%fee means its a scam right there not a zerolink protocol mixes are shit quility a peel chain 🍌 🍌 joinmarket - maker knows all the takers and its way too expensive scamming by offering 0.001% which is unrealistic in every round and repeatedly with miner fees on top of that. vs whirpool zerolink protocol mix quility is unmached free remixes and pay as low as 0.25% anti sybil fee. doxic change always separated from the coinjoined txn vs wasabi which does not. so you tell us who is the scammer here. Samourai is SUPERIOR so cry harder. Cyph3rp9k my ass who does not undersand quility of coinjoin formula that whirlpool uses. Tell us what is your opinion about this fundamental formula of whirpool mixing. Starting with the difference between strong and weak mixing seems a good idea. This formula tells you what is this difference in whrilpool. It defines the difference between strong mixing and weak mixing. If you don't understand this difference, you can't understand the design choices made for Whirlpool. And you can't understand why the design choices made for Wasabi will always lead to a weaker form of mixing.

Kortik, I have nothing to talk to you about; you're a fucking retarded cocksucker 😂

If it was badly build they why there were 10K BTC in unspent capacity at its peak and only down to 6k even after arrest bigger than Lightning network Because its superior and onchain data does not lie and I trust onchain data and not you or even Samourai team. All their work is proven onchain

I believe the fee percentage is applied over the pool denomination. If you use let's say 0.05btc pool size, the fee would be 5% of 0.05, which is 0.0025btc. You will need to play with those pool sizes to see which one is more convenient for you. If the max amount of UTXOs is 20 per mix, and let's say you're mixing 0.1BTC, you use the 0.001btc pool size, it means you'll have to do 5 different mixes. Each mix is 5% of 0.001 (0.00005), in total for 5 mixes is a fixed 0.00025btc fee. In that case, your fee was 0.25% from your balance not 5%. Obviously if you don't know how to use whirlpool and you have 0.051btc, then you mix on 0.05 pool size, you'll end up fucking it up and finding out near 5% of your balance is gone. Depending in what do you want exactly you may find wasabi/join market/joinstr cheaper or whirlpool cheaper.