“Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.”
- Wasabi is the main competitor to Samourai’s whirpool mixing service. The only one flying under the radar currently is Joinmarket.
- Phoenix is the Lightning network wallet where users keep custody of their funds, but the channel management is outsourced to the company. The only remaining self custodial lightning wallet that remains is Breez.
While this news is deeply troubling, it might push further development to more sustainable trustless self-custodial solutions in the long term.
Just use Monero. Bitcoin privacy is hard to accomplish, expensive, and easy to mess up.
Or dash, ltc, dogec, etc.
Xmr is too much of a pain in the ass to use. Dash is so much easier and is seeing so much more development on the ux side of things. It’s much easier to scramble funds on chain with dash than with most other coins.
Well, doge and ltc Our traceable, just like Bitcoin is… I know that at least ltc has Mimble Whimble.
Edit: How do you figure Monero is a pain to use? It seems pretty intuitive.
Didn’t mimblewimble suffer from a disign flaw where the transactions were anonymized in the blocks, but traceable for anyone listening for the mempool chatter?
I honestly have no idea as I’ve never actually looked very much into Mimble Whimble.
