S5 E6: Nopara73 on Wasabi Wallet, P2EP, Samourai & Bitcoin Privacy
Wasabi Wallet creator and lead developer explains how P2EP (Pay to End Point) can make blockchain analysis obsolete, but also expresses his views on Bitcoin security and why you probably shouldn't use Samourai Wallet.
Episode Time Stamps:
00:00 – Introduction
02:06 – What are CoinJoins and how are today’s mixing services different from the tumblers of the old days?
03:55 – What is P2EP (Pay to End Point)?
5:30 – What is the origins of P2EP?
08:20 – PayJoin and how it originates from BustaPay
09:20 – Samourai’s Cahoots or Stoveaway transactions, and why they’re PayJoins but not PayToEndPoints
11:02 – Why P2EP has more potential than PayJoins
12:00 – Cool negotiations that can be done between parties when sending Pay to End Point (P2EP) transactions
13:50 – Why P2EP helps a lot of bitcoiners’ privacy, but not everyone’s
14:15 – CoinJoins vs P2EP in terms of efficiency to reach privacy
15:00 – Why P2EP doesn’t directly improve your privacy, but tricks blockchain analysis
16:30 – CoinJoins are identifiable
17:45 – Is Wasabi Wallet censorship resistant?
19:42 – The 3 issues of building electronic money, according to cypherpunk literature
22:10 – Bitcoin privacy vs fungibility
23:05 – Wasabi’s new mixing technology
25:40 – Which desktop and mobile wallet does Nopara recommend to a newbie?
27:40 – Discussion on Blockstream Green
28:31 – Wasabi vs JoinMarket vs Samourai
29:48 – Don’t use Samourai
33:30 – Why Wasabi requires more BTC to enter CoinJoins than Samourai
36:30 – What is planned for the Wasabi Wallet UX?
36:50 – Wasabi hired a cryptographer named Istvan Seres who is as knowledgeable as Greg Maxwell
38:10 – What is next for Nopara?
40:50 – Wasabi getting involved in Pay to End Point with BTCPay Server
41:50 – Can Liquid improve CoinJoins?
43:55 – Will Bitcoin privacy happen in side chains, or should the base layer get fixed?
45:30 – Wasabi’s hardware wallet integration
47:58 – Was Samson Mow right about CoinJoins being tainted correct? Is it justified to speak of Pay to End Point as opposed to PayJoins?
49:34 – P2EP and PayJoin need new and different names?
49:58 – Who can we trust, what should we verify?
52:30 – Bitstein’s presentation from BigBlockBoom where he referenced Schopenhauer’s “The Art of Controversy” to distinguish between rhetoric and dialectics
Episode Time Stamps:
00:00 – Introduction
02:06 – What are CoinJoins and how are today’s mixing services different from the tumblers of the old days?
03:55 – What is P2EP (Pay to End Point)?
5:30 – What is the origins of P2EP?
08:20 – PayJoin and how it originates from BustaPay
09:20 – Samourai’s Cahoots or Stoveaway transactions, and why they’re PayJoins but not PayToEndPoints
11:02 – Why P2EP has more potential than PayJoins
12:00 – Cool negotiations that can be done between parties when sending Pay to End Point (P2EP) transactions
13:50 – Why P2EP helps a lot of bitcoiners’ privacy, but not everyone’s
14:15 – CoinJoins vs P2EP in terms of efficiency to reach privacy
15:00 – Why P2EP doesn’t directly improve your privacy, but tricks blockchain analysis
16:30 – CoinJoins are identifiable
17:45 – Is Wasabi Wallet censorship resistant?
19:42 – The 3 issues of building electronic money, according to cypherpunk literature
22:10 – Bitcoin privacy vs fungibility
23:05 – Wasabi’s new mixing technology
25:40 – Which desktop and mobile wallet does Nopara recommend to a newbie?
27:40 – Discussion on Blockstream Green
28:31 – Wasabi vs JoinMarket vs Samourai
29:48 – Don’t use Samourai
33:30 – Why Wasabi requires more BTC to enter CoinJoins than Samourai
36:30 – What is planned for the Wasabi Wallet UX?
36:50 – Wasabi hired a cryptographer named Istvan Seres who is as knowledgeable as Greg Maxwell
38:10 – What is next for Nopara?
40:50 – Wasabi getting involved in Pay to End Point with BTCPay Server
41:50 – Can Liquid improve CoinJoins?
43:55 – Will Bitcoin privacy happen in side chains, or should the base layer get fixed?
45:30 – Wasabi’s hardware wallet integration
47:58 – Was Samson Mow right about CoinJoins being tainted correct? Is it justified to speak of Pay to End Point as opposed to PayJoins?
49:34 – P2EP and PayJoin need new and different names?
49:58 – Who can we trust, what should we verify?
52:30 – Bitstein’s presentation from BigBlockBoom where he referenced Schopenhauer’s “The Art of Controversy” to distinguish between rhetoric and dialectics
Activity