Post
Topic
Board Wallet software
Re: Whirlpool surge cycles (Samourai/Sparrow)
by
BlackHatCoiner
on 07/06/2023, 19:16:16 UTC
But then once you are in the pool and coinjoined once, you get unlimited free coinjoins for as long as you are happy to leave your coins in the pool.
Does this mean I forfeit the ownership of my coins as long as they stay in the pool? The thing I really like with Joinmarket is that coins never leave my house. We saw how terribly this involved with ChipMixer, when you woke up and the German authorities have had your coins seized without you knowing anything. I've had, fortunately, a small amount seized, but I put myself in the position of people who lost thousands, and it must have been awful. Whirlwind tries to minimize the consequences of this by dividing custody into multiple trustworthy forum members, but it doesn't eliminate it completely, and it's yet to implement this shared custody.

We're far from ideal mixing, but we've got worse comparably to the last years with the shut down of CM and the overcrowded mempool.