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Have you heard a lot about this new CoinJoin scheme called CashFusion on Bitcoin Cash but have no idea what it is or how it works and want to try it out? Now is the time!
The alpha version has been polished enough so that it can be used by power users to get an initial feel of the tool and to test the protocol for stability and robustness. We are actively looking for more people to test.
Join the public CashFusion telegram group if you need more info or run into issues: https://t.me/cashfusion
The current CashFusion client rocks the following features:
Enable/Disable CashFusion
Integrated TOR client
Monitor Status
Coin target setting (number of coins, size of coins, random fraction)
Multi queueing
Self Fusion (temporary for better liquidity during testing)
Road map:
Track fused coins to determine level of privacy
Smart coin chooser to avoid combining tainted and non-tainted coins as much as possible
Smart coin chooser to pick properly Fused coins when doing payments
When you join a CashFusion transaction, you specify the inputs you want to join with and the outputs you expect. When the transaction is built, you are asked to sign it. The client verifies that the CF transaction contains the inputs and outputs you specified. If that is not the case, your client will not sign the transaction and it will fail.
Additionally, CashFusion transactions are atomic, meaning when something goes wrong for a participant for whatever reason, the CF transaction will fail as a whole.
Start by adding some coins to your wallet. Once you have enough coins in there and there are enough participants online, your wallet will automatically start fusing.
Be amazed by the CashFusion transactions and spam block explorer links to the relevant transactions all over the place boasting Bitcoin Cash innovation.
Yeah, the transactions will cost your money. However, if money cant be earned from this process, only those will shuffle with cashfusion who really needs those coins to be shuffled. This causes small liquidity to be able to shuffled around. I think if there would be a possibility to earn some money with it, others, who are not interested in privacy of they coins, would also join to the shuffle algorithm to earn money, thus boosting the liquidity significantly.
You don't give away your fee. It is just the necessary miner fee. You are adding a bunch of inputs and creating a bunch of outputs, this results in rather large transactions (in size not value). For which you pay ~1sat/B.
I just downloaded it and tested it. I have done all described steps and transferred about 32k sats to the wallet. For half an hour the window was empty. Now I get messages:
Just wondering, why does SSL need to be disabled to work with TOR?