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An unofficial community chat group of WasabiWallet.io! For in depth conversations on Bitcoin privacy, nuances of CoinJoin, and strategies on how to reclaim your privacy with Wasabi. For more information, see docs.WasabiWallet.io

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Wasabi Wallet

It's astonishing that even correcting a small mistake by Marnix was used to attack us by you with false accusations.

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Wasabi Wallet

Now that it goes to the coordinator, it can be considered like an exploit. At least it is definitely an attack vector

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Wasabi Wallet

You are talking about zkSNACKs, but yeah it was what I would qualify stupidly fast

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Wasabi Wallet

This is not entirely true either since if you mix 100x bigger coins, you will need 100x bigger fresh coins.

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Wasabi Wallet

I think the most interesting metric to analyze it is using the amount of Fresh BTCs, because it gives a better overview of the actual cost of privacy. It can be understood this way -> fresh bitcoins enters into the cj pool, they will mix until being private, then we can extrapolate the price of privacy for a given coordinator with 3 metrics:
- Amount of leftovers these fresh inputs paid
- Amount of Mining Fee these fresh inputs paid
- Amount of Coordinator Fee these fresh inputs paid

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Wasabi Wallet

Interestingly enough, this amount left behind is 0.0016% of the total input amount for coordinators compatible with Wasabi Wallet, and 0.04% for the public coordinator not compatible with Wasabi Wallet, a whopping 25 times more. Do you know what is causing this?

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Wasabi Wallet

If anyone is in Amsterdam tonight, I'll be giving a talk in Zaandam about CoinJoin for Self Defence. Details of location here: https://pay.azzamo.net/apps/2wvE1eF4ccj9PK6FUUx5n18odYC7/pos

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Wasabi Wallet

5 in and 5 outputs at 3 sat/vB will be around 1 dollar in BTC in fees.
Note that Wasabi does not auto start coinjoin below 0.01 BTC. As mining fees can be significant to the amount, like the amounts you're mentioning

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Wasabi Wallet

How many depends and varies. The client selects between 1 and 10 inputs and between 1 and 10 outputs per round.

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Wasabi Wallet

❗️NEVER share your 12 word recovery seed with anyone, scammers who are pretending to be admins DM you❗️

Wasabi is an open source, non custodial Bitcoin wallet for desktop. Your transactions are made private by default using coinjoins, Tor, and block filters.

Here you can ask for support and discuss Bitcoin related topics with the community. Make sure to check out our help docs for solutions to common problems and more information.

🔺 Be careful of phishing sites in search engine results with similar domain names, the official website is wasabiwallet.io 🔗

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Wasabi Wallet

maybe its due to a bad connection

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Wasabi Wallet

You don't download the entire blockchain, you download block filters which are much smaller (like 99% smaller). Your client scans the filters to figure out which blocks contain your transactions and then download those from random Bitcoin nodes (over Tor). So it's designed for privacy while still being lightweight enough to sync in less than 15 minutes for new wallets.

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Wasabi Wallet

I dont have a lot of data and connection to slow , thats why i asked. Thank you.

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Wasabi Wallet

tell me pls should i add my old wallet when the process is completed ? or does not matter ?

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Wasabi Wallet

still downloading and processing Bitcoin Network Data

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Wasabi Wallet

This also depends on the user base, if there wouldn't be more user in an hour, no point waiting for that.

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Wasabi Wallet

At the time it was bad for users but not malicious as this amount would go to the miner fee for most lifetime of this coordinator

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Wasabi Wallet

The original Wasabi had 10 minute
rounds. Was that fast?

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Wasabi Wallet

Because the problem with input count is that coordinators can have stupidingly fast rounds to increase this metric... This would also have a bad impact on cost of privacy because would artificcially increase the leftovers

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Wasabi Wallet

The left behind depends on the COUNT of the inputs and not on the AMOUNT of the inputs. More precisely it depends on the number of the participants. Since the average input amount is way bigger this is quite understandable, but I guess you knew this already very well.

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Wasabi Wallet

This is not entirely true as Wasabi tries to make changeless coinjoin and will leave some amount behind above the mining fee.

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Wasabi Wallet

Thanks! Ah okay, so this does not depend on the amount you put in.

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Wasabi Wallet

Thanks again!

Okay lets say 5 inputs + 5 ouputs and the average fee rate of coordinators right now. How would that look?

I just need some estimates:

0.0002 ->

0.0006 ->

0.0011 ->

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Wasabi Wallet

Yes using Wasabi you will only pay mining fees for coinjoin. How much that is exactly depends on several things, like the fee rate the coordinator sets and the amount of in and outputs you have.
Maybe use this tool to get an estimate https://bitcoinops.org/en/tools/calc-size/

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Wasabi Wallet

Using a VPN shouldn't be necessary since Wasabi already does all its communication over Tor. I'm not sure if that's the bottleneck, but I could see a slow connection allowing really long download times in order to successfully download a block. If the block download fails, then it wastes this time without making "real" progress.

As long as the status bubble in the bottom right corner of your client says you are connected, then you can leave it running and it should eventually sync.

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Wasabi Wallet

i have 4g+vpn richt now and i have 2 process , recovery my old wallet( 75% completed and new one 13%, its still downloading

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Wasabi Wallet

i remember in previous wallets there was no need to download the entire blockchain

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Wasabi Wallet

Doesn't really matter. If you just installed Wasabi it is downloading all the filters. If you recover your wallet it will also download the relevant blocks. It can do this in parrallel so recovering while it is still downloading the filters will probably make you able to access your wallet sooner

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Wasabi Wallet

Ok, as long as the status icon in the bottom right corner shows you are connected to Tor, the backend, and at least one peer, then you should just wait a while until it's done.

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Wasabi Wallet

It's designed to provide the best possible privacy for your Bitcoin transactions. You can download it from https://wasabiwallet.io/ and learn more from the docs at https://docs.wasabiwallet.io/

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