-snip- just thought I would come on here and have you guys blow holes in it quickly if it's stupid. fire away.
Do you know those participants? Either way, it's an insane idea.
If at least one of the participants is being paid to deanonymize users, then he can create a list of actual persons who are involved in that specific Coinjoin transaction.
If it's JFF, then do not use a "
stained" UTXO to be mixed and do not consider the output properly mixed.
roughly 10- 20 participants with 0.01 btc
You mean there will be 10 to 20 people who will have their btc to provide the service? If it's 20 people the you are looking at 0.2 BTC.
He's talking about the persons who will have their coins mixed together with his.