So, it's good that TheKid.999 (npub1nqx…3quf) reminded me of this:
With coinjoining #Bitcoin there are different implementations. We all know about the endless debates between Samourai and Wasabi. And there is Joinmarket as well.
The differences between them are all about trade offs (and sometimes honesty about those). On top of that there is still ongoing research that is being done about privacy tools on Bitcoin.
What I can tell You is that onchain coinjoins won't be feasible in the long term. Simply because it will be too expensive in onchain transaction fees to conduct.
So now what?
More privacy tools will be there on other layers on top of the Bitcoin main chain. #Fedimint is already a good example of that and more will come.
Innovation and developing takes time. Be patient and You'll get all the Bitcoin tools You ever wanted. 😉
Kasso
npub1uy…tlx7k
2023-04-28 19:09:08
Author Public Key
npub1uyj8kkqtcs20wj00t5drdwhqq8zfp0vhlsfnxuxgdr2ay7sd7vpsctlx7kPublished at
2023-04-28 19:09:08Event JSON
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"content": "So, it's good that #[0] reminded me of this:\n\nWith coinjoining #Bitcoin there are different implementations. We all know about the endless debates between Samourai and Wasabi. And there is Joinmarket as well. \nThe differences between them are all about trade offs (and sometimes honesty about those). On top of that there is still ongoing research that is being done about privacy tools on Bitcoin. \nWhat I can tell You is that onchain coinjoins won't be feasible in the long term. Simply because it will be too expensive in onchain transaction fees to conduct. \nSo now what? \nMore privacy tools will be there on other layers on top of the Bitcoin main chain. #Fedimint is already a good example of that and more will come.\nInnovation and developing takes time. Be patient and You'll get all the Bitcoin tools You ever wanted. 😉",
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