Excellent, super informative video. Deserves way more views and likes. Sparrow appears by far the absolute king of privacy wallets imo. So happy to learn about all this wallet can do for us.
Thanks a lot. Note: I was a bit stressed when in my post-mix it said 1 with a half-filled blue bar. In the CD matrix they clarified that it means that it has gone through one pre-mix, and that it is now waiting to find peers for the second one. This can take 30 minutes or even a few days, before the second one takes place.
Ben, I have 2 questions that I really need help with. 1. If your main stack is all KYC, sitting in cold storage already, and you want to gain some privacy by using coinjoins, is there any harm in sending the new coinjoined UTXOs BACK to the same wallet (using different addresses of course). Just trying to simplify the amount of steel backups there are. 2. In addition, is it better to coinjoin with the largest denomination you can? Or is it better to have many smaller UTXOS for some reason? I guess the latter would mean people you transact with don't know the amount of your full stack?
Wondering the same thing. I figure it out, that you can use the same wallet, yes. But boy, it's so time consuming ! Sitting on second mix from a week. Is this normal ?
Same question Ben... I want to move from Trezor (all KYC) to Coldwallet and would love some guidance on: Should all coins be mixed (and why)? Best denomination. THANK YOU!
I’ve just watched this and it was extremely helpful. I do have a question but it’s seems they don’t get a response so it’s pointless asking. Nonetheless, appreciate the good content you put out. Thank you.
Thank you! Another great video Ben! I will be doing just a little more research to see if there are any cons to coin joining before I try it myself. Keep up the great work. Stay humble and keep stacking. Thanks!
Very informative and educational. Totally new to this as a BTC owner. Had no idea but most definitely going to follow these steps to regain anonymity. Thanks and excellent video. I’ve subscribed and will work through your playlist.
I'm running some mixes in Sparrow Wallet right now. As said in this tutorial the Premix goes through fairly quickly, in a matter of hours. But the Postmix however does require a massive amount patience. Right now I'm 3 days into my mix process and only 4 out of 25 UTXOs have mixed for the second time. It's like watching my beard growing in the mirror. 🙂
The app needs to be open, my wallet has been open 5 days... 4 days waiting for 2nd mixes on 6 utxos... 2 days waiting for any action on UTXOs eligible for remix for somthing to happen...they just get bumped out of cue after a random amount of time for some reason or another and a new one takes its place..
Your presentation was excellent. Unfortunately, you need a another presentation on how to download Sparrow from their website. I could not figure out how to do so for Windows. I could not get the confirmation signature to download.
Do you need to have Sparrow wallet open with your CPU running all the time? Once you turn it off whirlpool stops? Also if you turn it all off or unplug the cold card it will no longer send to the wallet?
13:27 After selecting the UTXOs tab I see a similar, but different page. I do NOT see the feature to mix UTXOs. Do I need to be connected to the Private Electrum Server in order to do this?
Excellent tutorial. One question on mixing best practices. If mixing both KYC and Non-KYC sats (kept separated prior to mixing) using Sparrow/Whirlpool, is it best practice to still keep them in separate cold storage after mixing or is it ok to mix directly into same cold storage wallet when # mixes complete? Seems like it would be ok to keep in same wallet once KYC links are broken but would be good to know for sure. Thanks!
1. When you mix to a hardware wallet, does it use a new receive address for each finished UTXO? 2. For the mixed to address, can it be a watch only wallet that is open?
what if your hardware wallet CANNOT be connected and "open" while you are trying to "mix to" that wallet? say for example I have an airgapped wallet that doesnt have the capability of being plugged in. this is the part I am not understanding. are you able to still transfer around those "post mixed" txo's around and they remain mixed? the only solution I am seeing to this is, if I were to "mix to" and send it a hot wallet or really any other wallet, then once received there, ill be able to send it to my airgapped wallet. will this work @BTC Sessions or will it break the mixing process? thanks for your feedback.
Can you mix directly into the Coldcard without it plugged into the computer? I guess you would say air-gapped with the SD card? I do not have a coldcard.
This is great. Thanks. Once the mixed coins go back to my cold storage wallet, are they not once linked again to me? Or will using a new, never used before, public address to my same cold storage wallet still preserve my privacy? Thanks again!
Is it normal that my sats are in the whirlpool for about 9 hours now but got mixed only once? And although it showed me that I have to pay in total 10k sats for mining and whirlpool fees I now have 40k sats less than before...
Hello!!! I use the application, I whirlpool and they give me 5 utxos. When I have those utxos in my hardware wallet, can I consolidate them to have a single utxo or am I already forced to have 5 utxos in my hww? I wanted to know if I can consolidate them into one and it doesn't affect my privacy.
I assume it is not possible to tell the point at which any coins joining a mix, is withdrawn. So doesn't this mean the anonymity set is effectively endless?
This was way over my head and nearly put me to sleep, but it's an important topic. I don't expect to spend BTC in my lifetime (I'm already too old to die young), but the longer the industry exists, the more ignorant I become. If I DO spend money, it'll be through lightning -- basically a whole different topic. So... if I fund a LN wallet with small money from cold storage, and then make local purchases over LN, does that provide me with any privacy? Put another way, if I buy a pizza using LN, is the transaction traceable to the cold wallet I funded the LN wallet with -- and thus ultimately be traced to my purchase at a regular exchange?
The funding transaction can still be traced, so to separate the connection from your LN wallet to your identity you should still fund your LN wallet through whirlpooled funds. The actual pizza transaction is not directly traceable but your direct peers do know you spent some money. Not on what or where it went but they can see your channel balance shift.
Can I plug in my HD wallet, in the last mix, so it can go straight into it after the total mixes are done, or it must be connected all the time ? Thanks !
Hey. Thank you so much for you video. I’m stuck with my coins mixed but only the first round. I have configured to withdraw to a cold wallet after 4 mixes but none of the utxo are being remixed, stuck at 1. Can someone help me there?
Quick question, for larger amounts of BTC in the whirpool, is it safe to have them mixing in those hot wallets for such a long time? Also, have you figured out how to deal with doxxic change (badbank)? I read that it is not safe to mix them with the postmix funds, also not safe mixing all the badbank change into one big coinjoin. I am kinda confused on that part. The badbank amount will fill to a large amount over time. There was an option to depostit chunks of badbank into a non KYC wallet, wait for a while and then send it combined to a cold wallet?
Wow.. watching this literally 3/4/24 .. ur BitClock says 63,270!!! & I'm pretty sure that was the last time bitcoin was that high!.. Wow.. Very surreal!
Another question is, if the post mix utxos are not to be recombined, then how do you cash them out all at once or spend them if you so wished? Do you have to cash out one at a time?
Ensure that you create a new hot wallet in sparrow that is standard native segwit m/84'/0'/0'. This wallet CANNOT be indexed to a higher account, or any other derivation path type (at the moment). Remixes will happen over time. I've run about 500,000 sats through for a test run, and had six remixes in six days. It's going to take a while to get to 5-10 remixes if you want to mix out to cold storage. Unfortunately you will need to keep the computer awake and connected to tor the entire time 24 hours a day. This means setting your sleep/battery settings to never sleep or screen saver. Just dim your screen to black when not using. Download amphetamine or similar to keep the computer awake.
You obtain forward facing privacy. AKA if you spend Bitcoin, the receiver cannot trace your transaction backwards to see how much money you have and what you do with it. The thing that is not undone by coinjoin is that the exchange you bought from is still aware you previously purchased Bitcoin.
I would suggest you watch Ben's earlier mentioned video about his full video on Sparrow Wallet. If you mean can you add a new "passphrase" on an existing wallet the answer is no. When adding a passphrase to an existing 12 or 24-word seed phrase you create a new wallet. Each new passphrase creates a new wallet using a combination of the existing seed phrase and the passphrase.
I try to go into as much detail as possible. You're welcome to watch the shorter videos if you don't want as much granularity. I will not be changing the format, as most viewers come here specifically for it.
Excellent tutorial, appreciate it. Wasnt sure how the whole process worked, and having it sent to cold storage at the end is a nice touch
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Fantastic tutorials! Thanks for spending the time and resources in giving us these materials. You deserve a lot more views for sure
I love how excited Ben is every time there is a notification alert, or when he talks about how many times the transaction is mixed. Awesome video.
Excellent, super informative video. Deserves way more views and likes. Sparrow appears by far the absolute king of privacy wallets imo. So happy to learn about all this wallet can do for us.
The tutorial I just needed. Your videos are just awesome. Thanks for all you do!
Bro this video tutorial will hit more than million views in few years, that's not far away.
Good explanation 👏 thank you so much.
In 2 yrs 34k views. At this rate it could take another 58yrs to hit 1 million. 😂
Thanks a lot.
Note: I was a bit stressed when in my post-mix it said 1 with a half-filled blue bar. In the CD matrix they clarified that it means that it has gone through one pre-mix, and that it is now waiting to find peers for the second one. This can take 30 minutes or even a few days, before the second one takes place.
Thanks!
Ben, I have 2 questions that I really need help with.
1. If your main stack is all KYC, sitting in cold storage already, and you want to gain some privacy by using coinjoins, is there any harm in sending the new coinjoined UTXOs BACK to the same wallet (using different addresses of course). Just trying to simplify the amount of steel backups there are.
2. In addition, is it better to coinjoin with the largest denomination you can? Or is it better to have many smaller UTXOS for some reason? I guess the latter would mean people you transact with don't know the amount of your full stack?
Wondering the same thing. I figure it out, that you can use the same wallet, yes. But boy, it's so time consuming ! Sitting on second mix from a week. Is this normal ?
Same question Ben... I want to move from Trezor (all KYC) to Coldwallet and would love some guidance on: Should all coins be mixed (and why)? Best denomination. THANK YOU!
also interested in the answer to this question, shall await proper response.
I’ve just watched this and it was extremely helpful. I do have a question but it’s seems they don’t get a response so it’s pointless asking. Nonetheless, appreciate the good content you put out. Thank you.
Yea I've noticed that issue too. I thought ab booking a private session but the lack of responses here makes me hesitant.
Great video, took me a while to get the basics. Sad we have to spend our lives trying not to get ripped off and spied on by corrupt governments.
Thank you! Another great video Ben! I will be doing just a little more research to see if there are any cons to coin joining before I try it myself. Keep up the great work. Stay humble and keep stacking. Thanks!
Very informative and educational. Totally new to this as a BTC owner. Had no idea but most definitely going to follow these steps to regain anonymity. Thanks and excellent video. I’ve subscribed and will work through your playlist.
I'm running some mixes in Sparrow Wallet right now. As said in this tutorial the Premix goes through fairly quickly, in a matter of hours. But the Postmix however does require a massive amount patience. Right now I'm 3 days into my mix process and only 4 out of 25 UTXOs have mixed for the second time. It's like watching my beard growing in the mirror. 🙂
Man, is it for real so slow ?!?
@@AKBitcoinArt depends on new mixers, I've seen days of nothing, and days of plenty..
Does the app / computer need to stay open / on?
The app needs to be open, my wallet has been open 5 days... 4 days waiting for 2nd mixes on 6 utxos... 2 days waiting for any action on UTXOs eligible for remix for somthing to happen...they just get bumped out of cue after a random amount of time for some reason or another and a new one takes its place..
Your presentation was excellent. Unfortunately, you need a another presentation on how to download Sparrow from their website. I could not figure out how to do so for Windows. I could not get the confirmation signature to download.
Do you need to have Sparrow wallet open with your CPU running all the time? Once you turn it off whirlpool stops? Also if you turn it all off or unplug the cold card it will no longer send to the wallet?
This really helped me out with starting to coinjoin, high value material. Thanks man!
Perfect! Thanks, Ben. I can't tell you how much I have learned from you! 👍
13:27
After selecting the UTXOs tab I see a similar, but different page. I do NOT see the feature to mix UTXOs. Do I need to be connected to the Private Electrum Server in order to do this?
Excellent tutorial. One question on mixing best practices. If mixing both KYC and Non-KYC sats (kept separated prior to mixing) using Sparrow/Whirlpool, is it best practice to still keep them in separate cold storage after mixing or is it ok to mix directly into same cold storage wallet when # mixes complete? Seems like it would be ok to keep in same wallet once KYC links are broken but would be good to know for sure. Thanks!
I have same question
Outstanding Ben, as usual - thank you so much!!
1. When you mix to a hardware wallet, does it use a new receive address for each finished UTXO?
2. For the mixed to address, can it be a watch only wallet that is open?
Another great video. BTC blowing up, all the way up.
This is really good. Clear and didactic explanations.
You're a good man. Respect.
Have you done a vid on consolidating utxo’s post-mixing to coldcard?
Too true. I’m not sure I’d spend the cash on that service. What are you going to get? It’s a pity. I enjoy the channel.
This is a great video! Thank you so much for all your teachings!
Hello, today I wanted yo coinjoin but did noticias appeared the option. Do you know of IT has been eliminated?
Is with a taproot wallet cheaper?
Thanks mate! Video i just needed ! Big love
what if your hardware wallet CANNOT be connected and "open" while you are trying to "mix to" that wallet? say for example I have an airgapped wallet that doesnt have the capability of being plugged in. this is the part I am not understanding. are you able to still transfer around those "post mixed" txo's around and they remain mixed? the only solution I am seeing to this is, if I were to "mix to" and send it a hot wallet or really any other wallet, then once received there, ill be able to send it to my airgapped wallet. will this work @BTC Sessions or will it break the mixing process? thanks for your feedback.
Can you mix directly into the Coldcard without it plugged into the computer? I guess you would say air-gapped with the SD card? I do not have a coldcard.
Can you do something on what to do if your mixing gets stuck. What is the legit website to fix this? Don't know where to go for this.
This is great. Thanks. Once the mixed coins go back to my cold storage wallet, are they not once linked again to me? Or will using a new, never used before, public address to my same cold storage wallet still preserve my privacy? Thanks again!
Same question.
you have amazing videos and they really really help!!
Is it normal that my sats are in the whirlpool for about 9 hours now but got mixed only once? And although it showed me that I have to pay in total 10k sats for mining and whirlpool fees I now have 40k sats less than before...
Is there an alternative way to do this now that this functionality has been removed?
You are a great teacher!
Do you have any idea how helpful your videos are?
Hello!!! I use the application, I whirlpool and they give me 5 utxos. When I have those utxos in my hardware wallet, can I consolidate them to have a single utxo or am I already forced to have 5 utxos in my hww? I wanted to know if I can consolidate them into one and it doesn't affect my privacy.
I assume it is not possible to tell the point at which any coins joining a mix, is withdrawn. So doesn't this mean the anonymity set is effectively endless?
Great video! Is this your recommended method now that Wasabi is censoring?
This was way over my head and nearly put me to sleep, but it's an important topic.
I don't expect to spend BTC in my lifetime (I'm already too old to die young), but the longer the industry exists, the more ignorant I become.
If I DO spend money, it'll be through lightning -- basically a whole different topic.
So... if I fund a LN wallet with small money from cold storage, and then make local purchases over LN, does that provide me with any privacy? Put another way, if I buy a pizza using LN, is the transaction traceable to the cold wallet I funded the LN wallet with -- and thus ultimately be traced to my purchase at a regular exchange?
The funding transaction can still be traced, so to separate the connection from your LN wallet to your identity you should still fund your LN wallet through whirlpooled funds. The actual pizza transaction is not directly traceable but your direct peers do know you spent some money. Not on what or where it went but they can see your channel balance shift.
Similarly the pizza restaurant will see which of their peer channels shifted but not the entire route where the funds came from.
There are some ways to increase privacy through rendezvous routing with private channels if you want to have extra privacy I would look into that
If most of your transactions were sent into Sparrow Cold Card, do you then send out the UTXOs to a temp hard wallet then send it back?
Can I plug in my HD wallet, in the last mix, so it can go straight into it after the total mixes are done, or it must be connected all the time ? Thanks !
Nice work!
Is it possible to mix to an Open Dime? (I'm considering the possibility of fungible, **tangible** BTC in standardized quantities.)
You're awesome, thank you Ben.
Must one have her own node in order to use Whirlpool coinjoin?
Splendid explanation, thanks!
Hey. Thank you so much for you video. I’m stuck with my coins mixed but only the first round. I have configured to withdraw to a cold wallet after 4 mixes but none of the utxo are being remixed, stuck at 1. Can someone help me there?
Great video. Thank you..
Question - can you directly mix to your own full node ? Is there a benefit to doing that over another cold storage wallet?
I think frist mix is needed to go for full mix
My sparrow wallet don’t show the mix. I have my ColdCard there, this is the problem!?
need to create a hot wallet in sparrow
@@mylesfalconer9183 thanks bro
Quick question, for larger amounts of BTC in the whirpool, is it safe to have them mixing in those hot wallets for such a long time?
Also, have you figured out how to deal with doxxic change (badbank)? I read that it is not safe to mix them with the postmix funds, also not safe mixing all the badbank change into one big coinjoin. I am kinda confused on that part. The badbank amount will fill to a large amount over time.
There was an option to depostit chunks of badbank into a non KYC wallet, wait for a while and then send it combined to a cold wallet?
Wow.. watching this literally 3/4/24 .. ur BitClock says 63,270!!! & I'm pretty sure that was the last time bitcoin was that high!.. Wow.. Very surreal!
Another question is, if the post mix utxos are not to be recombined, then how do you cash them out all at once or spend them if you so wished? Do you have to cash out one at a time?
This one really need and answer!
My understanding is that you click the UTXO, choose "Spend selected" and then spend it
Great, thank you
Great video!
Great tutorial, thanks!
Thank you.
👆👆📥📥
Ensure that you create a new hot wallet in sparrow that is standard native segwit m/84'/0'/0'. This wallet CANNOT be indexed to a higher account, or any other derivation path type (at the moment).
Remixes will happen over time. I've run about 500,000 sats through for a test run, and had six remixes in six days. It's going to take a while to get to 5-10 remixes if you want to mix out to cold storage. Unfortunately you will need to keep the computer awake and connected to tor the entire time 24 hours a day. This means setting your sleep/battery settings to never sleep or screen saver. Just dim your screen to black when not using. Download amphetamine or similar to keep the computer awake.
👆👆📥📥
thanks !!! excellent work
Do we need to run own node to use whirpool?
📥📥👆👆
Is the fee flat or percent?
"The privacy remains unchanged" so if you're NOT PRIVATE and that DOES NOT CHANGE so you're still not private then what's the point of doing this?
You obtain forward facing privacy. AKA if you spend Bitcoin, the receiver cannot trace your transaction backwards to see how much money you have and what you do with it.
The thing that is not undone by coinjoin is that the exchange you bought from is still aware you previously purchased Bitcoin.
Hi. Thank you for your great content. Why do you need to use Sparrow if Samourai already has Whirlpool? Why not just use Samourai?
Samourai is Android only. Sparrow is available for other platforms eg Mac, etc.
@@rosstituteuk ok
great vid, thanks
Such a good video thank you
what's his desktop background
📥📥👆👆
NYC
how can i put the password on sparrow wallet later?
I would suggest you watch Ben's earlier mentioned video about his full video on Sparrow Wallet. If you mean can you add a new "passphrase" on an existing wallet the answer is no. When adding a passphrase to an existing 12 or 24-word seed phrase you create a new wallet. Each new passphrase creates a new wallet using a combination of the existing seed phrase and the passphrase.
Does this only work for BTC, or can you coinjoin other cryptos, like ChainLink, or Ton, etc.
👍👍👍👍👍
I did this and it never asked me to make a seed phrase... hoping it did it automatically now? LOL
Why do others show how to do this in 15 min and you put up a 45 min video? Wtf???
I try to go into as much detail as possible. You're welcome to watch the shorter videos if you don't want as much granularity. I will not be changing the format, as most viewers come here specifically for it.
@@BTCSessions 👍🏼
Oh, HELL no!
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