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Topic: 🔥 GingerWallet.io - Desktop, Non-custodial, Open source | #CoinJoin - page 6. (Read 3937 times)

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¡Hola!
GingerWallet v2.0.13 is here! 🎉

We’re making Bitcoin privacy more accessible with interfaces now available in different languages.

🌐 New Feature: Multilanguage support!
🔒 Privacy updates
⚡ Performance improvements
🔧 Enhanced user experience

https://gingerwallet.io
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Activity: 53
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New records in the last 4 days! 🚀

177 CoinJoins
Avg AnonSet: 4.41
Total inputs: 7,502
Record inputs in 1 CoinJoin: 73 🎉
Thank you for the amazing support! 🙏 Visit gingerwallet.io #Bitcoin #CoinJoin #Privacy
member
Activity: 53
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New record! 🎉 We completed 49 CoinJoins yesterday—the most we've ever done in a single day! 🚀 Thanks for the amazing support in keeping privacy strong. Visit us at gingerwallet.io #Bitcoin #CoinJoin #Privacy
legendary
Activity: 2534
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Top Crypto Casino
Ginger Wallet has been increasing its share of the coordinator market:

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🔔 Reminder: Ginger Free Coinjoin Weekend is Live! 🔔
The event started yesterday, and it's running until Monday morning at 08:00 UTC. Don't miss your chance to participate in Coinjoin rounds with zero coordinator fees! This is the perfect opportunity to boost your privacy at no cost. 🔒✨
Take advantage of the weekend and make your privacy simple and secure. Don't let it slip by!
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Activity: 53
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🎉 It's back! Ginger Free Coinjoin Weekend returns! 🎉
From Friday 20:00 to Monday 08:00 UTC, take part in Coinjoin rounds with zero coordinator fees. Your chance to boost privacy at no cost! Don’t let this weekend slip by—privacy made simple! 🔒✨
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Activity: 53
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Exciting times at #HCPP! 🎉 Ginger Wallet was thrilled to attend such an amazing conference, filled with insights and inspiration. Huge thanks to the organizers for putting together a fantastic event! 🙌 See you all next year at @secondculturecz!
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Activity: 53
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Wow! We almost hit 30 BTC yesterday with 29.96 BTC in traffic through our CoinJoin coordinator. Grateful for the support—privacy matters! 🙏💚 Visit us at gingerwallet.io #Bitcoin #CoinJoin #Privacy
legendary
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Therefore it means that the default coordinator cannot be changed and that also means anybody wanting to use Ginger Wallet must use the default Ginger Wallet coordinator and pay the 0.3% fee. I am not sure that is the way forward for your business because at the moment you probably need more customers to build your base before you ask/force them to use your coordinator.

Dear Jolly, We appreciate the recognition. The changes mentioned in the previous post have been implemented in the new version.
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Activity: 53
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📢 Ginger Wallet is attending HCPP 2024! 🎉
Join us at the Hacker Congress Paralelní Polis in Prague, October 4-6, for an exciting weekend filled with discussions on privacy and tech innovation. Don’t miss the chance to connect with us.
More info: https://hardcore.hcpp.cz (https://hardcore.hcpp.cz/)
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Congratulations, it seems as though significant effort was applied in order for the new release of Ginger Wallet to be considered a very good update and upgrade from the previous version.

Does the new release facilitate the changing of the default coordinator? That will always be the main question/concern from users that are looking at this from the perspective of saving coinjoin fees.
 
🚀 Ginger Wallet v2.0.12 is now live! It includes label recovery during wallet restoration, a client-side remix check for enhanced security, and various bug fixes. Plus, Bitcoin HWI has been updated to version 3.1.0, now supporting Trezor Safe 5 and Coldcard Q.
Download now: https://gingerwallet.io (https://gingerwallet.io/)

Dear Jolly, We appreciate the recognition. The changes mentioned in the previous post have been implemented in the new version.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Congratulations, it seems as though significant effort was applied in order for the new release of Ginger Wallet to be considered a very good update and upgrade from the previous version.

Does the new release facilitate the changing of the default coordinator? That will always be the main question/concern from users that are looking at this from the perspective of saving coinjoin fees.
 
🚀 Ginger Wallet v2.0.12 is now live! It includes label recovery during wallet restoration, a client-side remix check for enhanced security, and various bug fixes. Plus, Bitcoin HWI has been updated to version 3.1.0, now supporting Trezor Safe 5 and Coldcard Q.
Download now: https://gingerwallet.io (https://gingerwallet.io/)
member
Activity: 53
Merit: 20
🚀 Ginger Wallet v2.0.12 is now live! It includes label recovery during wallet restoration, a client-side remix check for enhanced security, and various bug fixes. Plus, Bitcoin HWI has been updated to version 3.1.0, now supporting Trezor Safe 5 and Coldcard Q.
Download now: https://gingerwallet.io (https://gingerwallet.io/)
member
Activity: 53
Merit: 20
A reply to my post would have been helpful to those thinking about using Ginger Wallet instead of Wasabi Wallet. If you make it clear what the benefits are gained by users for paying that 0.3% fee than for example use Wasabi Wallet with a free coordinator, maybe you will start making an impression with those that are potentially contemplating which wallet to use. Hopefully you will answer the question in your next post.

Exciting news!

Dear JollyGood,

We are happy to answer any new questions you may have, but we believe you will find the answer to your previous question if you read through carefully. If anything was unclear, feel free to join us on Telegram, where you can get answers to even more of your questions.

All the best!
legendary
Activity: 2534
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A reply to my post would have been helpful to those thinking about using Ginger Wallet instead of Wasabi Wallet. If you make it clear what the benefits are gained by users for paying that 0.3% fee than for example use Wasabi Wallet with a free coordinator, maybe you will start making an impression with those that are potentially contemplating which wallet to use. Hopefully you will answer the question in your next post.

Exciting news!
member
Activity: 53
Merit: 20
Exciting news!
Ginger Wallet is proud to be a partner at the Hackers Congress (HCPP). Come find us if you have any questions or just want to connect! https://hardcore.hcpp.cz (https://hardcore.hcpp.cz/)
Come hang out with us on Telegram: https://t.me/GingerWallet
Or check us out at gingerwallet.io! 🌐
legendary
Activity: 2534
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When you look at Wasabi Wallet along with their option of using any coordinator that the user wants to use (including free fees and free re-mixes) and compare that against Ginger Wallet with a default 0.3% charging coordinator, what are the main elements that you would advise and encourage users to choose Ginger Wallet over another?

What will a user gain by paying 0.3% fees via Ginger Wallet instead of using Wasabi Wallet and a different free/paid coordinator?

Reminder: Free remix available only until Wasabi version 2.0.8.1. We recommend using Ginger Wallet (any version) instead!
Come hang out with us on Telegram: https://t.me/GingerWallet
Or check us out at gingerwallet.io! 🌐
member
Activity: 53
Merit: 20
Reminder: Free remix available only until Wasabi version 2.0.8.1. We recommend using Ginger Wallet (any version) instead!
Come hang out with us on Telegram: https://t.me/GingerWallet
Or check us out at gingerwallet.io! 🌐
legendary
Activity: 2534
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It's not exactly and 100% free. Kruw explained in the Bitcoin Takeover podcast that aired a few days ago that he takes a few sats here and there. Since his coordinator has a lot of traffic, this isn't that small of a number. He can comment on that himself if he wants to, although this isn't the best place to do it.
Yes, even the free element is not 100% free but that is more down to the manner in which the change structure part of the coinjoin works. Before your post I did not know about any Kruw related podcast though I think there was some mention of an interview maybe in another thread but not sure will check it out. Having said that, it sounds as though it is the same as Ginger Wallet stated in an earlier response:

Both Wasabi and Ginger clients aim to avoid generating 'change.' In other words, all coins should be consolidated into specific denominations (those values that are generated by all clients). This means the difference should stay below a certain minimum output amount, which is set at 10,000 satoshis for Ginger. (It’s widely believed that change negatively impacts privacy). However, this can become a significant issue if the client can only participate with low-value coins.

If only a small amount of money remains, it’s advised not to coinjoin (this applies to all clients), as you'll lose an average of 3-5k satoshis per round on top of the mining fee. There's almost certainly no coordinator fee involved.

The mining fee can be calculated, but in an environment with a rate of 3-4 sat/vbyte, it shouldn't be a major expense by itself. The vbyte is roughly 70 times the size of the input coin and 30 times the size of the output coin, and you multiply this by the mining fee. At a rate of 4 satoshis, the cost will be around 3,000-4,000 satoshis (independent of the client, assuming an average number of input/output coins).
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It is true, however, that if a coordinator has more liquidity than Ginger, and is completely free, then I don't see how Ginger competes.
There are several ways Ginger Wallet cannot compete with some coordinators but considering Ginger Wallet is effectively a business and they make their income from selling coinjoin services, it stands to reason they would want to stop/block people from using their star product with a third party coordinators (and in the process effectively cutting them out of their 0.3% fee).

If there are some exceptional technical advances in their next release, it might appease some of the negative sentiments surrounding their wallet.

It seems that it was a mistake on our side and previously only the backend was fixed to our servers. We never intended to allow other coordinators than the Ginger one from the beginning. Apologies for the misunderstanding.
That is interesting to read, thank you for clarifying. You do realise you would like Wasabi Wallet users to change their coordinator to Ginger Wallet therefore why do you not want to reciprocate the same for Ginger Wallet users?

No, we would like to ask the users to use the Ginger Wallet instead of the Wasabi Wallet if they want to use the Ginger coordinator.

You seem to have the assumption that the two coordinator is totally compatible with both wallet clients, but that's not true.

Short history from the recent releases.
- With the release of Wasabi Wallet v2.0.8.1 (2024-06-08), the maximum coinjoin coordination fee was introduced.
The default was set that all non-free coordinators stopped to work, even if the current one was a non-free one. Also, unfortunately the users didn't understand the error messages and what needs to be done.
- With the release of Wasabi Wallet v2.1.0.0 (2024-07-10), the following changes applied:
The coordinator minimum input count must be at least 21. At that time the malicious coordinator ran with 1 or 2 minimum inputs; all other, but Kruw's coordinator ran with 20 minimum inputs.
All, but Kruw's coordinators instantly failed after a client update (free and non-free).
The maximum fee was set to 0.5% (this might hit the wasabist.io's random fee system, I don't remember). Note, that there was a plan to set it to 0.01%, that's literally generating dust.
Not mentioned downgrade: the fee exemption check was removed, so the Wasabi client asked LESS amount for their input even if they got exemption from the coordinator due to remix.
After this release all other fee based coordinator died as they weren't able to manage the changes on the coordinator side.
- With the release of Wasabi Wallet v2.2.0.0 (2024-09-19), our coordinator is effectively banned by the Wasabi client.

The Ginger coordinator worked with the Wasabi clients till now, because of constant code and setup updates.
On the other hand, you have to understand the Wasabi developers and their goal:

They have limited time to make the Wasabi project "truly" open source.
That means heavy simplification, removing the less used and not needed features (of course they won't advertise it in the release notes, but who would?).
They could have fix the remix issue, but there is no incentive to do so (as they won't get any money from it) and increases the complexity, instead they removed the whole fee concept.
For the same reason they removed the AML system, increases the complexity and it's not their risk to run the coordinator anymore (also there would be no fund to use it anyway due to the above line).

The execution wasn't necessarily nice, but their goal is quite understandable.
They were fair, and told their plan in advance (even if there were some timeline change from 6 months to 3.5 months), so we knew from the beginning that a fork is needed.

Thank you for your understanding.
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