If a Fed was running a Whirlpool coordinator, they could perform a targeted attack where they only choose you to mix in rounds with 4 decoys so you gain a false sense of privacy. Or, they could just rug pull you by not mixing your funds after you pay the coordinator fee.
Should read:
ANYONE can run a Whirlpool coordinator, and they CAN perform a targeted attack where they only choose you to mix in rounds with 4 (or more) decoys so you gain a false sense of privacy. Or, they could just rug pull you by not mixing your funds after you pay the coordinator fee.
There are probably more then a few people on this board sitting with 50+
BTC from the early days who could setup a coordinator
- Can WabiSabi be traced?
Not unless you are the biggest whale in a coinjoin round with insufficient liquidity. Even outputs that do not have matching amounts cannot be traced to an owner on the input side - it’s even possible that the output changed hands as a payment to someone who did not own any funds on the input side at all:
Once again, if I setup a CoinJoin Coordinator for Wasabi users with a bit of tweaking it's not impossible. Getting people to use it would be the issue. But if I am charging no fees I can see where every TX came from and where they went.
The right tool for the right job. Hammering together something to make your
BTC private will always have flaws / vulnerabilities.
It was not made to be private. Same way a VW Bug was not made to haul lumber. You can do it but why. Rent a pickup truck or a van.
Same here, want more private
BTC there are enough
BTC -> XRM or other privacy coins ->
BTC and done.
Not kicking any of the people working hard to do this, but it really seems to be more effort then it's worth.
-Dave