[ANN] Joinmarket - Coinjoin that people will actually use - page 6.

waxwing

sr. member

Activity: 469

Merit: 253

Quote from: belcher on May 29, 2016, 09:33:56 AM

The JoinMarket IRC channel so far was hosted on freenode, which is very unfriendly to tor users.

So I've set up an IRC relaying bot between the freenode channel and a channel on cyberguerrilla which is far more friendly to tor.

Tor Details:

Code:

channel = #joinmarket
host = 6dvj6v5imhny3anf.onion
port = 6697
ssl enabled

Just for clarification: this is referring to the IRC channel we use to *chat*, not the IRC channel(s) we use for joinmarket orders/joining activity (what we call the "pit" like trading pit).

belcher

sr. member

Activity: 261

Merit: 523

Quote from: danda on June 07, 2016, 12:12:39 PM

In the spirit of "Coinjoin that people will actually use", I'm wondering if any of the regular bitcoin wallets have integrated joinmarket, or have announced any plans to do so?

Along these lines...

Is there a joinmarket API that would make it straightforward for a wallet to integrate?

Has any effort been made to approach wallet makers?

If not, perhaps we should open issues requesting joinmarket support on their respective github pages.

IMO joinmarket is at too early of a stage for this, there are still a few problems that would be nice to fix before anything happens.
Right now it seems most of the adoption comes from people using the tumbler script.

danda

full member

Activity: 203

Merit: 168

In the spirit of "Coinjoin that people will actually use", I'm wondering if any of the regular bitcoin wallets have integrated joinmarket, or have announced any plans to do so?

Along these lines...

Is there a joinmarket API that would make it straightforward for a wallet to integrate?

Has any effort been made to approach wallet makers?

If not, perhaps we should open issues requesting joinmarket support on their respective github pages.

twinkletoes007

newbie

Activity: 19

Merit: 0

Looks like alot of the bumps are getting smoothed out along with more volume. Steep learning curve but im catching on.

belcher

sr. member

Activity: 261

Merit: 523

The JoinMarket IRC channel so far was hosted on freenode, which is very unfriendly to tor users.

So I've set up an IRC relaying bot between the freenode channel and a channel on cyberguerrilla which is far more friendly to tor.

Tor Details:

Code:

channel = #joinmarket
host = 6dvj6v5imhny3anf.onion
port = 6697
ssl enabled

danda

full member

Activity: 203

Merit: 168

Hi, I found the output of wallet-tool.py hard to read so I made a patch that formats the output into text tables with borders.

Here's a very basic example:

Code:

+-----------+---------------+
| Mix Depth | Balance       |
+-----------+---------------+
|         0 | 0.34898343btc |
|         1 | 0.23468934btc |
|         2 | 0.23123434btc |
|         3 | 0.82397493btc |
|         4 | 0.22356223btc |
+-----------+---------------+
| total:    | 1.84839232btc |
+-----------+---------------+

Wallet addrs and history are also in tables.

Pull request is here:
https://github.com/JoinMarket-Org/joinmarket/pull/539

If anyone wishes to try it before the pull request is approved, you could clone from my repo at:
https://github.com/dan-da/joinmarket

belcher

sr. member

Activity: 261

Merit: 523

JoinMarket v0.1.4 has a new feature that calculates your effective interest rate from running a yield generator, as though it was a bank account.

https://github.com/JoinMarket-Org/joinmarket/blob/master/doc/release-notes-0.1.4.md#wallet-history

To use, configure JoinMarket to use a Bitcoin node as a method of accessing the blockchain and run:

Code:

python wallet-tool.py wallet.json history

It takes into account all your deposits and withdrawals, so it should calculate the rate even if you were adding to your wallet or spending from it.

For my own yield generator wallet the figure is 0.67% per annum. I've been running it since the very start including when very few people used JoinMarket, so you can expect my yield to be on the low end.

grubles tried this and got 3.2% as an effective interest rate. I assume he's been running it for less time.

Whats your yield ?

https://www.reddit.com/r/joinmarket/comments/4hwwa0/calculate_your_yield_generators_perannum_return/

I'm aiming to get more people running yield generators.

Riding the pump-and-dump rollercoaster of Eth/TheDAO and similar is ultra high risk/reward, JoinMarket is more aiming for the slow and steady winning the race.

Earning about 1% per annum in a deflationary currency with basically zero risk where you can withdraw your money at any time must be unique in the cryptocurrency space.

waxwing

sr. member

Activity: 469

Merit: 253

Joinmarket-Qt update to the new version: https://github.com/JoinMarket-Org/JMBinary/releases

, plus some bits and pieces mentioned in the reddit comment here:

https://www.reddit.com/r/joinmarket/comments/4hsaz9/joinmarket_v014_released/d2u4xv8

2c0de

full member

Activity: 138

Merit: 102

Maker broadcast, Bitcoin crypto, will surely join some join.

superresistant

legendary

Activity: 2156

Merit: 1131

Congrats for the new version.

belcher

sr. member

Activity: 261

Merit: 523

JoinMarket v0.1.4 released!

https://github.com/JoinMarket-Org/joinmarket/blob/master/doc/release-notes-0.1.4.md

We will be signing our git commits.

You can check them like this link

Import my GPG public key (do the same for other developers like waxwing)

Clone the repository and verify

Code:

    $ git clone https://github.com/JoinMarket-Org/joinmarket.git my-joinmarket-folder
    $ cd my-joinmarket-folder
    $ git log --show-signature

It should show

Code:

    commit f169351c1dc8e9b485f4b00366fc8f94b1773e0a
    gpg: Signature made Wed 04 May 2016 01:50:53 BST using RSA key ID 77F31129
    gpg: Good signature from "Chris Belcher "
    Merge: d1092f5 809b654
    Author: chris-belcher 
    Date:   Wed May 4 01:50:45 2016 +0100

git commits are a chain of hashes, so one signed commit at the top is enough to verify all the ones below it.

belcher

sr. member

Activity: 261

Merit: 523

Quote from: belcher on March 07, 2016, 08:04:39 PM

Please complete this questionnaire on how you use JoinMarket. (Should take only 60 seconds)

http://surveynuts.com/surveys/take?id=57841&c=716997053JRPF

The results are here:

https://surveynuts.com/surveys/admin?id=57841&stoken=8933114612517§ion=results

Thanks to everyone who answered!

Mythoughts

member

Activity: 63

Merit: 14

Quote from: domob on April 17, 2016, 07:30:54 AM

I had the same issue some time ago - the short answer is that the JoinMarket protocol requires you to have the target address of a join in your wallet. I. e., patientsendpayment only works if you send to yourself, and then only if you import the target address into your JoinMarket wallet. I think there is some incentive to change the protocol to make it work as originally envisioned, but I don't think that actual work is already done on that.

Thanks, that's good to know.

I've also talked to belcher about this error from bitcoind's debug.log:

Quote

2016-04-17 11:41:45 AddToWallet update
2016-04-17 11:41:45 runCommand error: system(curl -sI --connect-timeout 1 http://localhost:62602/walletnotify?) returned 1792

This occurs when a new transaction is detected, which was sent externally (e.g. not part of a joinmarket-transaction) to the joinmarket-wallet. This error can safely be ignored. If a yield-generator is running, he won't see the funds though until restarted.

domob

legendary

Activity: 1135

Merit: 1166

Quote from: Mythoughts on April 17, 2016, 04:01:52 AM

My patientsendpayments seems to crash every time someone actually tries to initiate a transaction.
First I assumed there might have been some communication problem, but now this has happend two times in a row making that reason unlikely.

I had the same issue some time ago - the short answer is that the JoinMarket protocol requires you to have the target address of a join in your wallet. I. e., patientsendpayment only works if you send to yourself, and then only if you import the target address into your JoinMarket wallet. I think there is some incentive to change the protocol to make it work as originally envisioned, but I don't think that actual work is already done on that.

In my case, this was not much of an issue, since I wanted to use that for internal wallet restructuring and sent to myself. Importing the target address' private key into JoinMarket made it work. Not sure if that is an option for you, though.

Mythoughts

member

Activity: 63

Merit: 14

My patientsendpayments seems to crash every time someone actually tries to initiate a transaction.
First I assumed there might have been some communication problem, but now this has happend two times in a row making that reason unlikely.

Running Debian Jessy, Joinmarket with bitcoind, both over TOR. Start command:
python patientsendpayment.py -f 5000 -w 48 -c 5000 wallet.json 1000000

There's >0.1btc in mixing level 0 of the wallet, the payment to be sent was 0.01 btc.

Debug log:

Code:

2016-04-17 10:45:42,171 [MainThread  ] [DEBUG]  new cjorder nick=TakerNickName oid=0 amount=279749
2016-04-17 10:45:42,171 [MainThread  ] [DEBUG]  get_utxos_by_mixdepth = 
{0: {u':1': {'address': u'',
                                                                             'value': 12000000}}}
2016-04-17 10:45:42,171 [MainThread  ] [DEBUG]  for mixdepth=0 amount=279749 selected:
2016-04-17 10:45:42,171 [MainThread  ] [DEBUG]  [{'utxo': u':1',
  'value': 15000000}]
2016-04-17 10:45:42,196 [MainThread  ] [DEBUG]  maker utxos = {u':1': {'address': u'',
                                                                         'value': 12000000}}
2016-04-17 10:45:42,362 [MainThread  ] [DEBUG]  >>privmsg nick=TakerNickName cmd=pubkey msg=
2016-04-17 10:45:45,301 [MainThread  ] [DEBUG]  <2016-04-17 10:45:45,317 [MainThread  ] [DEBUG]  CRASHING, DUMPING EVERYTHING
2016-04-17 10:45:45,317 [MainThread  ] [DEBUG]  Class debug dump, name:Wallet
2016-04-17 10:45:45,317 [MainThread  ] [DEBUG]  key=unspent
2016-04-17 10:45:45,317 [MainThread  ] [DEBUG]  {u':1': {'address': u'',
                                                                         'value': 12000000}}
2016-04-17 10:45:45,317 [MainThread  ] [DEBUG]  key=gaplimit
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  6
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  key=index
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  [[2, 1]]
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  key=index_cache
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  [[2, 1]]
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  key=spent_utxos
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  []
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  key=utxo_selector
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  key=path
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  string: len:19
2016-04-17 10:45:45,318 [MainThread  ] [DEBUG]  wallets/wallet.json
2016-04-17 10:45:45,319 [MainThread  ] [DEBUG]  key=storepassword
2016-04-17 10:45:45,319 [MainThread  ] [DEBUG]  False
2016-04-17 10:45:45,319 [MainThread  ] [DEBUG]  key=max_mix_depth
2016-04-17 10:45:45,319 [MainThread  ] [DEBUG]  1
2016-04-17 10:45:45,319 [MainThread  ] [DEBUG]  key=imported_privkeys
2016-04-17 10:45:45,319 [MainThread  ] [DEBUG]  {}
Traceback (most recent call last):
  File "patientsendpayment.py", line 241, in main
    irc.run()
  File "/home/username/joinmarket-develop/joinmarket/irc.py", line 657, in run
    self.__handle_line(line)
  File "/home/username/joinmarket-develop/joinmarket/irc.py", line 540, in __handle_line
    self.__handle_privmsg(_chunks[0], _chunks[2], get_irc_text(line))
  File "/home/username/joinmarket-develop/joinmarket/irc.py", line 491, in __handle_privmsg
    self.__on_privmsg(nick, parsed)
  File "/home/username/joinmarket-develop/joinmarket/irc.py", line 377, in __on_privmsg
    self.on_seen_auth(nick, i_utxo_pubkey, btc_sig)
  File "/home/username/joinmarket-develop/joinmarket/maker.py", line 253, in on_seen_auth
    self.active_orders[nick].auth_counterparty(nick, pubkey, sig)
  File "/home/username/joinmarket-develop/joinmarket/maker.py", line 96, in auth_counterparty
    btc_pub = btc.privtopub(btc_key)
  File "/home/username/joinmarket-develop/bitcoin/main.py", line 280, in privkey_to_pubkey
    f = get_privkey_format(privkey)
  File "/home/username/joinmarket-develop/bitcoin/main.py", line 191, in get_privkey_format
    elif len(priv) == 32: return 'bin'
TypeError: object of type 'NoneType' has no len()
done

Edit:
New entries in the bitcoind-debug.log as well. This I've also not seen before I I started using Joinmarkt... google didnt help with that error message:

Code:

2016-04-17 11:41:45 AddToWallet   update
2016-04-17 11:41:45 runCommand error: system(curl -sI --connect-timeout 1 http://localhost:62602/walletnotify?) returned 1792

giszmo

legendary

Activity: 1862

Merit: 1114

WalletScrutiny.com

Quote from: wormat22 on April 05, 2016, 09:13:41 PM

3% per year? I could just invest in a S&P mutual fund tracker if I wanted to make that much.

I wonder how you can track bitcoin and S&P at the same time though. For me, selling bitcoins to put them into whatever other economic opportunity feels stupid for me, as I'm so bullish on Bitcoin. Earning 3% on bitcoin savings though sounds great.

Financisto

hero member

Activity: 640

Merit: 771

BTC⇆⚡⇄BTC

Low risk <--> Low return

No exceptions here...

wormat22

full member

Activity: 224

Merit: 100

Quote from: belcher on April 05, 2016, 12:23:36 PM

There is this script I've been working on that works out your historical effective interest rate.
https://github.com/JoinMarket-Org/joinmarket/pull/484

Me and some people who've been running for a long time get a value of about 0.7% per annum, but people who started more recently (presumably when transaction volume rose) report values of 3% or so. Also that script has bugs I can't seem to figure out so the real values might be different.

But yes if you want a get-rich-quick scheme of 100% earned per week guaranteed Wink

, then JoinMarket is not for you.

3% per year? I could just invest in a S&P mutual fund tracker if I wanted to make that much.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: jod_doj on April 05, 2016, 02:09:01 PM

as far as i understood one of your biggest aims in order to help people is to make their transaction fees a bit lower

Joinmarket is not at all about reducing transaction fees.

Take your off-topic big-block propaganda elsewhere please.

jod_doj

full member

Activity: 179

Merit: 100

thats a pretty great service i think but as far as i understood one of your biggest aims in order to help people is to make their transaction fees a bit lower, though i dont think there will be a need to do that if there will be a block size increase, in this way the fees would go down once again to normal rates

Topic: [ANN] Joinmarket - Coinjoin that people will actually use - page 6. (Read 85018 times)