Yes, Bitcoin has more transactions, I'm not disputing that, but how many of those transactions can you count? Your crowd to hide in isn't all Bitcoin transactions. It isn't even most. It's not that large once you rule out all known entities (whether KYC'd, which is probably most logically if most people use CEXs, or pseudos that don't coinjoin).
Lopp did a rough estimate not too long ago and something like ~0.001% of transactions were coinjoins. Even if you think he is a magnitude or several off that is still almost nothing.
Doesn't matter if a small few are keeping good practices if you can rule them out from the vast majority of others that are not. They are all KYC'd or pseudonymous entities that can even be potentially unmasked with enough on and off chain data (timing, amounts, addresses they interact with, IPs, etc).
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-06-30 17:19:13
in reply to nevent1q…fxqx
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2024-06-30 17:19:13Event JSON
{
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"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1719760753,
"kind": 1,
"tags": [
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"wss://relay.damus.io/",
"root"
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[
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"content": "Yes, Bitcoin has more transactions, I'm not disputing that, but how many of those transactions can you count? Your crowd to hide in isn't all Bitcoin transactions. It isn't even most. It's not that large once you rule out all known entities (whether KYC'd, which is probably most logically if most people use CEXs, or pseudos that don't coinjoin).\n\nLopp did a rough estimate not too long ago and something like ~0.001% of transactions were coinjoins. Even if you think he is a magnitude or several off that is still almost nothing.\n\nDoesn't matter if a small few are keeping good practices if you can rule them out from the vast majority of others that are not. They are all KYC'd or pseudonymous entities that can even be potentially unmasked with enough on and off chain data (timing, amounts, addresses they interact with, IPs, etc).",
"sig": "dc327f8ce10e9bf05d7ded648e5fc0819d2fa52302e72d19395ecda95c2308a8e6237b9a23f42df16574f3b8816d9a6622d49cc41af880bfc7e5ffff32c47eda"
}