delvingbitcoin
Who will run the CoinJoin coordinators?
Posted on: September 23, 2024 18:48 UTC
The discussion focuses on the specifics of the ALL|ANYONECANPAY
signature in Bitcoin transactions, highlighting a misunderstanding about its use and seeking clarification.
There's an interest in understanding how this feature could be applied, possibly in contexts like crowdfunding, as hinted by referencing Mike Hearn's project. The conversation also touches on the concept of coinjoin transactions within IRC channels, noting that while the primary function of IRC is not to facilitate coinjoins, it offers users the flexibility to select participants for such transactions. This method, however, presents limitations due to its reliance on user coordination to achieve anonymity, underscoring the value of larger, unknown peer groups for enhancing privacy in transactions. The dialogue reveals a curiosity about existing software solutions that support coinjoins and points out the necessity of broader anonymity sets for achieving significant privacy.