https://medium.com/samourai-wallet/supporting-the-tor-network-with-a-50-000-donation-to-the-tor-project-98cb8896e652
Topic: Enhanced privacy with Wasabi & Samourai wallets (Read 969 times)
A little news about Samourai Wallet, not so important, but still better than nothing, and so it is reported that the Samourai Wallet team has joined the Tor Project Membership program, supporting a non-profit organization with a contribution of $50,000. The project team has committed to make donations on an annual basis.
https://medium.com/samourai-wallet/supporting-the-tor-network-with-a-50-000-donation-to-the-tor-project-98cb8896e652
https://medium.com/samourai-wallet/supporting-the-tor-network-with-a-50-000-donation-to-the-tor-project-98cb8896e652
This is a useful post OP but I have bad experience using samourai wallet, I import my recovery seed into samourai coming from Jaxx wallet at the time and I have 3 eth on the wallet but when I tried to send eth to another external wallet I paid way too much for gas fee than the amount I'm sending, planned to send 10$ eth and paid 100$ for gas fee, that samourai is dangerous
as I know samourai wallet only support Bitcoin, I don't know how you received successfull transaction Ethereum using samourai?, are you sure?, have I am missing something here?.
when I tried to send eth to another external wallet I paid way too much for gas fee than the amount I'm sending, planned to send 10$ eth and paid 100$ for gas fee, that samourai is dangerous
That is unlikely. I didn't personally used samoyrai wallet but the fee is something you can customized (should be) and the max fee must be lower than the said amount unless you used that high fee intentionally; current gas fee is high but how come it be $100?
This is a useful post OP but I have bad experience using samourai wallet, I import my recovery seed into samourai coming from Jaxx wallet at the time and I have 3 eth on the wallet but when I tried to send eth to another external wallet I paid way too much for gas fee than the amount I'm sending, planned to send 10$ eth and paid 100$ for gas fee, that samourai is dangerous
https://www.coindesk.com/europol-bitcoin-privacy-wasabi-wallet
Quote
EU’s Europol: Bitcoin Privacy Wallet ‘Not Looking Good’ For Law Enforcement
Just a bit to add: https://news.bitcoin.com/google-play-store-samourai-wallet-security-features/
Samourai android had some more nifty features, which got removed because Google play didn't allow publishing with them built in.
Ps: Why android version still early access though?
Samourai android had some more nifty features, which got removed because Google play didn't allow publishing with them built in.
Ps: Why android version still early access though?
Since this thread is bumped, people should know that you might get some trouble if use Bitcoin from CoinJoin process to exchange or any legal services.
Read this, Binance User Receives Frozen BTC After DIscontinuing Coinjoin Use
I don't think using CoinJoin or Mixing to directly send funds to exchanges or casinos is the good thing to do. Some platforms don't want to get troubles and they don't want the others compromise their platforms as the one for freely mixing coins from any sources (legal or illegal or shady sources).Read this, Binance User Receives Frozen BTC After DIscontinuing Coinjoin Use
Some casinos apply the same approach as Binance, returning funds back to owners if they feel transactions are illegal.
Quote from: https://www.bitsler.com/en/tos
14.7. We reserve the right to apply a wagering requirement of at least one time the deposit amount if we suspect the player is using our service as a mixer. It is strictly forbidden to use our service for any other purpose than entertainment.
14.8. If a user who has deposited funds on Bitlser refuse the KYC verification procedure and/or the wagering requirement, his funds will be sent back to the address from which they come, to make sure that he didn't use Bitsler to mix his coins
I don't experience it myself (I don't want to take risks), above is what I read in TOS of Bitsler. 14.8. If a user who has deposited funds on Bitlser refuse the KYC verification procedure and/or the wagering requirement, his funds will be sent back to the address from which they come, to make sure that he didn't use Bitsler to mix his coins
Since this thread is bumped, people should know that you might get some trouble if use Bitcoin from CoinJoin process to exchange or any legal services.
Read this, Binance User Receives Frozen BTC After DIscontinuing Coinjoin Use
Read this, Binance User Receives Frozen BTC After DIscontinuing Coinjoin Use
Bump with the latest opinion of theymos on Mimblewimble, Grin and Monero.
AFAIK, that medium post is nothing new.
Base mimblewimble isn't really designed to be a "black box of reliable anonymity" in the way that Monero or Wasabi-CoinJoins are, where connections are hard-broken. It's more of a framework on which you could build solid anonymity using techniques that have largely not yet been perfected, plus major scaling benefits. Monero = CT + stealth addresses + ring signatures. Grin = CT + "stealth addresses" + mimblewimble. Because grin replaces ring signatures with mimblewimble, its privacy is less reliable than Monero's. Probably the grin developers have tried to make their mimblewimble transaction aggregation methods good, but I currently wouldn't put much faith in it, and IMO it'll take many years of research to get something really solid. That said, CT + stealth addresses offer a certain base level of privacy, and grin's method of handling stealth addresses (using an interactive protocol, exchanging "slates") is both more scalable than Monero and probably more private.
If your goal is to mix coins, grin is definitely not for you right now, and it may never be. Monero's goal is maximal privacy, regardless of the cost. Grin's goal is excellent privacy, consistent with scaling.
Base mimblewimble isn't really designed to be a "black box of reliable anonymity" in the way that Monero or Wasabi-CoinJoins are, where connections are hard-broken. It's more of a framework on which you could build solid anonymity using techniques that have largely not yet been perfected, plus major scaling benefits. Monero = CT + stealth addresses + ring signatures. Grin = CT + "stealth addresses" + mimblewimble. Because grin replaces ring signatures with mimblewimble, its privacy is less reliable than Monero's. Probably the grin developers have tried to make their mimblewimble transaction aggregation methods good, but I currently wouldn't put much faith in it, and IMO it'll take many years of research to get something really solid. That said, CT + stealth addresses offer a certain base level of privacy, and grin's method of handling stealth addresses (using an interactive protocol, exchanging "slates") is both more scalable than Monero and probably more private.
If your goal is to mix coins, grin is definitely not for you right now, and it may never be. Monero's goal is maximal privacy, regardless of the cost. Grin's goal is excellent privacy, consistent with scaling.
Both wallet use technology based on CoinJoin (specifically Chaumian CoinJoins), but have different implementation.
Wasabi Wallet uses ZeroLink while Samourai uses Whirlpool
Personally, i would recommend Wasabi Wallet.
Wasabi Wallet uses ZeroLink while Samourai uses Whirlpool
Personally, i would recommend Wasabi Wallet.
Thanks for clarification and recommendation!
Since this already got bumped anyway, I'll take the chance to maybe inform some people that Samourai isn't without controversies
Andreas Antonopoulos was using Samourai wallet before, but I am not sure he is doing the same today.
Since this already got bumped anyway, I'll take the chance to maybe inform some people that Samourai isn't without controversies:
That's from Greg Maxwell, a Bitcoin Core dev. I haven't seen any developments since, so maybe things have changed since then. It must also be noted that this doesn't necessarily make Samourai untrustworthy -- as always, don't trust, verify.
Quote from: https://www.reddit.com/r/Bitcoin/comments/9r9344/slp29_samourai_wallet_bitcoin_privacy_software/e8fm1v8/
I have seen far too much outright dishonest and extremely incompetent behaviour from Samourai to ever trust it myself.
Samourai has very poor privacy while bragging about having good privacy: It sends your addresses all back to their server. Their "trusted node" mode doesn't change this, it just exposes your Bitcoin node to attacks completely needlessly. (Needlessly because they only use it to relay transactions, which they could do via the public P2P ports of any node, and because since they've already sent your addresses back to their server sending your transactions via something else doesn't increase your privacy.)
If you want strong privacy then as a start you need to run a full node (and use either Bitcoin Core wallet, or run your own electrum server), preferably via tor.
I don't doubt that they want and intend to eventually have good privacy but it seems that they're just unable to stop lying about it, even after previously being caught.
Samourai has very poor privacy while bragging about having good privacy: It sends your addresses all back to their server. Their "trusted node" mode doesn't change this, it just exposes your Bitcoin node to attacks completely needlessly. (Needlessly because they only use it to relay transactions, which they could do via the public P2P ports of any node, and because since they've already sent your addresses back to their server sending your transactions via something else doesn't increase your privacy.)
If you want strong privacy then as a start you need to run a full node (and use either Bitcoin Core wallet, or run your own electrum server), preferably via tor.
I don't doubt that they want and intend to eventually have good privacy but it seems that they're just unable to stop lying about it, even after previously being caught.
That's from Greg Maxwell, a Bitcoin Core dev. I haven't seen any developments since, so maybe things have changed since then. It must also be noted that this doesn't necessarily make Samourai untrustworthy -- as always, don't trust, verify.
Basically they use CoinJoin transactions but they are not the same. They are competitors with each other, so each of them will be uncompetitive if they are completely the same.
It is too long to describe them all here but each wallet has its own advanced features. Historically, lead developers of Wasabi and Samourai worked together at beginning to develop CoinJoin, then they splited to develop their own ones due to difference and disagreement in developmental visions.
It is too long to describe them all here but each wallet has its own advanced features. Historically, lead developers of Wasabi and Samourai worked together at beginning to develop CoinJoin, then they splited to develop their own ones due to difference and disagreement in developmental visions.
Quote from: https://www.coindesk.com/a-battle-between-bitcoin-wallets-has-big-implications-for-privacy
Lead developers TDevD (Samourai) and nopara73 (Wasabi) worked together on building an implementation of long-standing bitcoin privacy tech CoinJoin called ZeroLink.
“We just had a difference in implementation desire,” said SW. “So we split. We forked the project and just implemented it the way we wanted to implement it.”
“We just had a difference in implementation desire,” said SW. “So we split. We forked the project and just implemented it the way we wanted to implement it.”
If you don't care about your privacy, and don't want to go into technical-advanced features, you can use normal transactions. There is no need to switch to CoinJoin transactions if you totally don't care about your transaction privacy.
Maybe I would like to use privacy feature in specific cases not all the time.
As I understand both of this wallets are using same CoinJoin tech?
What wallet is better and easier for someone who is first time using privacy based wallet Wasabi or Samourai?
I also don't see fees and more information for Samourai wallet
Fees for ConJoin transaction depends on anonymity set (you can see full details in OP).I also don't see fees and more information for Samourai wallet
Quote from: https://wasabiwallet.io/#faq
What are the fees for CoinJoins?
You currently pay a fee of 0.003% * anonymity set.
~ Click to link to read more info ~
If you are not an advanced user, don't go to CoinJoin transaction, but if you ask me which one among Wasabi and Samourai wallets are more friendly, I think Wasabi wallet is easier to use.You currently pay a fee of 0.003% * anonymity set.
~ Click to link to read more info ~
You can see there are only 5373 CoinJoin transactions broadcasted so far, and total Bitcoin transacted with CoinJoin is nearly 72 BTC. There are unsignificant people who actually use CoinJoin.
If you don't care about your privacy, and don't want to go into technical-advanced features, you can use normal transactions. There is no need to switch to CoinJoin transactions if you totally don't care about your transaction privacy.
What wallet is better and easier for someone who is first time using privacy based wallet Wasabi or Samourai?
I also don't see fees and more information for Samourai wallet
I also don't see fees and more information for Samourai wallet
Quote from: naska21 link=topic=5184238.msg52717557#msg52717557
(...)
That is of great importance for me as I"m used to choose UTXO rather than relying on wallet itself.
Is this what you mean;That is of great importance for me as I"m used to choose UTXO rather than relying on wallet itself.
For example in your wallets there are 5 wallet addresses and they have all bitcoin balances, and you want only to 50% balance of the 4th address, you can do it on samourai?
If so, then this is great, this kind of android app with that kind of feature is the app what I'm looking for.
I created a thread before about that on how I can use it with hardware wallet : [HELP] Trezor Wallet using Android
It seems that Samourai wallet still not supported some hardware wallets.
Well, that's really not the sort of thing I'm interested in. Each address may have several inputs and I was asking about the option to choose out each one individually to build my transaction. In that way I could separate inputs relavant to the dust attack to not use them in the shuffling.
Quote from: naska21 link=topic=5184238.msg52717557#msg52717557
(...)
That is of great importance for me as I"m used to choose UTXO rather than relying on wallet itself.
Is this what you mean;That is of great importance for me as I"m used to choose UTXO rather than relying on wallet itself.
For example in your wallets there are 5 wallet addresses and they have all bitcoin balances, and you want only to 50% balance of the 4th address, you can do it on samourai?
If so, then this is great, this kind of android app with that kind of feature is the app what I'm looking for.
I created a thread before about that on how I can use it with hardware wallet : [HELP] Trezor Wallet using Android
It seems that Samourai wallet still not supported some hardware wallets.
snip
There are so many different features with Samourai wallet, from there you can have a quick comparison between them. Please click on Details link to see detail explanation of each feature.
There are so many different features with Samourai wallet, from there you can have a quick comparison between them. Please click on Details link to see detail explanation of each feature.
As I got it samourai is mobile-only wallet and I am comfortable with all its features described on the official page you refer to. But the question remains whether it has the coin control option? That is of great importance for me as I"m used to choose UTXO rather than relying on wallet itself.
Aantonop said in one recent video that coinjoin is even considered "illegal" in some countries. I wasn't able to find something backing this up in a quick search.
I checked on the official site of Wasabi wallet, and found. I also updated OP with this section.What's the legal status of Wasabi/CoinJoin? [5]
USA: On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN) issued an interpretive guidance that stated the following in section 4.5.1(b):
Quote
An anonymizing software provider is not a money transmitter. FinCEN regulations exempt from the definition of money transmitter those persons providing "the delivery, communication, or network access services used by a money transmitter to support money transmission services."
Wasabi is an Anonymizing software provider so it is not a money transmitter, thus not under Bank Secrecy Act (BSA) regulations. Basically we can continue to operate like now and it is compliant. Quote
There are so many mixing platforms but it is risky to store your coins too long on those platforms. Someone made that mistake and lose their coins on scam mixing platforms.
Mixing platforms do not store your coins, they obfuscate the transaction history. He got scammed by a service, still, it doesn't mean they store your coins.As blockchain is public, everyone can see what Alice is doing with their BTC. If Alice sends BTC to Bob, people can easily trace. Here's the normal transaction.
But, since Alice doesn't want to let people know Alice sent BTC to Bob, Alice will use Coinmixer, which will be executed as follow-
Alice will send BTC to mixing service with the information where to send BTC, Mixing service will send BTC to Bob from another preloaded address. So, there's no way to trace, theoretically. However, mixing services don't guarantee privacy all the times.
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