Why Nostr? What is Njump?
2024-11-02 06:39:11

kukks on Nostr: Everyone was too busy focusing on postmix tools to realize you don't need a postmix ...

Everyone was too busy focusing on postmix tools to realize you don't need a postmix tool if everything can happen in a mix!

PSA: with the coinjoin plugin has been able to handle payment batching in coinjoin directly since day one of its release.

And a (not so) secret project that I have been working on for years will soon transform coinjoins into one of the best payment protocols out there with massive cost savings and privacy gains for everyone involved


Payment in coinjoins is even simpler than that: you just schedule as many payments as you want and they will be done in one or more coinjoins. So, instead of registering scripts that belong to you, you register scripts that belong to the payees. Nothing is more private than that, at least in Bitcoin.

Also, there is a market for coordinators but you cannot compete for fee but for liquidity, time, minimum output size, leftovers, etc. We just fixed one variable, all the rest are still there. And the most important part: you don't need to trust on how trustworthy the coordinators are, they can't take you money and run.




Previous mentions about this: https://twitter.com/MrKukks/status/1619294492854747138
Author Public Key
npub1y24gz5gwucl79vtv4ctwpysl0r5m4xyzu2rgulnr44ks3t5mt92q4nz2ad