Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: Your options to having privacy in Bitcoin - and their tradeoffs
by
BlackHatCoiner
on 21/08/2023, 21:00:29 UTC
⭐ Merited by o_e_l_e_o (4)
Whirlpool currently has over 8,500 BTC in liquidity: https://bitcoin.clarkmoody.com/dashboard/
Good to know, thanks. Liquidity noted into OP and JoinMarket removed as best in terms of anonymity set.

I don't think so. It doesn't matter if Samourai has a million BTC in liquidity, it depends on how many rounds of coinjoin I go through and how many rounds of coinjoin all the other inputs in my coinjoin transactions go through.
But what ultimately matters when remixing is the new coins that come in. If you do a coinjoin with all inputs remixed, then it won't make a difference. Also, it makes yourself more untraceable to be in a coinjoin with 100 inputs, than in one with 5, so the number of inputs used surely matters.

I've always had mixing in my mind as a picture of a person lost in crowd. The more the people, the less likely to find that one.

Sure, but it is an objective fact that Wasabi use the fees you pay them to pay blockchain analysis companies for information about your UTXOs. And I would argue that is incredibly important for the coinjoin user.
What's important here is to break down what's user's best courses to accomplish mixing. Even if funding blockchain surveillance is completely contradictory to being proclaimed a pro-privacy service, that doesn't change their coinjoin process. Just as if Samurai announced that they're funding the Ukrainian war, it wouldn't change the effectiveness of the coinjoin. It'd ruin their reputation, and people would stop using it; not because of effectiveness, but ethical concerns.