Post
Topic
Board Development & Technical Discussion
Re: Can Coinjoin transactions be traced? Busting Bitcoin privacy myths!
by
graphite
on 01/05/2024, 18:39:09 UTC
If 5 out of the 6 equal sized outputs created in the coinjoin end up remixing as makers in the future while the remaining equal sized output is spent in a unique way, the first guess someone would make is that the output that didn't remix was created by the taker. But, this is still a guess and not a 100% guarantee since the taker could have switched roles to become a maker, or a maker could have decided to stop remixing and spend their coins. So, you could have scenarios where all 6 of these outputs remix, or all 6 of these outputs are spent, or any combination in between.

You are right you could argue that the maker or the taker switch their roll between coinjoins but joinmarket and whrilpool still would give a false sense of a higher anonset then it leads to believe. So it comes off as the makers being almost pointless and making the transaction fees not worth the effort. IMO I think wabisabi is a much better coinjoin system since all inputs are takers with unpredictable output spending. Wabisabi gets a bad rep for blocking certain UTXO's but I think this is a good thing because coinjoining with sanctioned UTXO's will label all UTXO's in the coinjoin as sanctioned.