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ayahuaza
What do you think would be the drawbacks of using atomic swaps? Will they be easily accessed for newbies for example?
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ayahuaza
non-tech people
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ayahuaza
"non-tech savvy"
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charolastra
once that's implemented i'm sure it will be an easy option in the wallets
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ayahuaza
would be amazing
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charolastra
but afaik that still takes some years, if ever
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midipoet
years?
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jakoson0
Did you know that all witdraw-buyer-seller-depoist chains are trackable in Monero? No? You should have read Breaking Monero. How many people are you endangering with your 'privacy' coin?
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charolastra
yes, years. i've heard that bitcoin will maby implement it next year. then other blockchains will have to follow
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ayahuaza
@jakoson0 wut?
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jess
ayahuaza: ignore it
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charolastra
he does that every day
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charolastra
classic FUD
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ayahuaza
IRS ;D
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jess
the more you talk about it, the more he does it
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jess
so the ideal is that you pretend it didn't happen whenever it does happen
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ayahuaza
noted
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dEBRUYNE
ayahuaza: Depends on the UI/UX I guess
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dEBRUYNE
Uniswap is fairly successful though and is essentially a DEX
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shillo
uniswap but for cross chain stuff would be amazing
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gingeropolous
ayahuaza, i think the drawback is that people selling monero for BTC using these atomic swaps are going to end up with tainted bitcoin that they can't sell on exchanges
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gingeropolous
so, i still don't see the market dynamics for this that work, but opening a new route to purchase monero is always good i guess
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gingeropolous
because hell, centralized exchanges aren't everything, and in a post-fiat world I guess it doesn't matter
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gingeropolous
but I think newbies will end up burned in many case, trading monero for bitcoin, then transferring bitcoin to coinbase, and then having their assets frozen because they're blacklisted
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ayahuaza
could be yeah
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Inge-
There will definitely be a market for sellers of "known good btc"
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Inge-
xmr.to is one
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Inge-
gingeropolous: also, it would probably be possible to run chainanalysis on the offered BTC UTXO before you complete the swap
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sech1
My chainalysis is very simple: if it's not 1 hop away from mined block, then it's bad
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Inge-
that heuristic works too
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Inge-
how much is a $140 put contract on GME?
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luigi1111w
Inge- halted
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luigi1111w
and which expiration?
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luigi1111w
$5500 or so for feb
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shillo
ops talking markets stuff in -community smh
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luigi1111w
why was that question in community, lol
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Inge-
luigi1111w: GAP UP!
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Inge-
ahahaha
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Inge-
Crypto ded. All speculators are aping into gamestop
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donkeydonkey[m]
<gingeropolous "ayahuaza, i think the drawback i"> is there a list of tainted coin?
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gingeropolous
some are publicly known - i think various states have banned particular addresses. And most are privately known by chain analysis companies.
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gingeropolous
thats the beauty of it for the end user. you never know if your bitcoin is good until you send it to an exchange and they start to analyze the provenance of your bitcoin
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gingeropolous
but i guess you can do your own chain analysis if you have the skills, or pay the extortion fee to those companies to do it for you
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Inge-
gingeropolous: or companies get a reputation for providing "safe" coins - e.g. xmr.to
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LyzaL
I've had coins straight from an exchange get flagged by chainanalysis lol. I was able to get it cleared up but still.
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LyzaL
and I mean a big centralized Fiat exchange, not some 2-bit c2c exchange
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xmrscott[m]
> > <@freenode_gingeropolous:matrix.org> ayahuaza, i think the drawback is that people selling monero for BTC using these atomic swaps are going to end up with tainted bitcoin that they can't sell on exchanges
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xmrscott[m]
> is there a list of tainted coin?
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xmrscott[m]
There at one point was a url you could visit to get basically a risk/taint score from Chainaylsis(?). Depending on how atomic swap is implemented might be able to peak before XMR seller commits
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dEBRUYNE
Anyone know if Dr. Daniel Kim is on IRC?
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Inge-
He has been
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Inge-
Are you getting him on Realvision?
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dEBRUYNE
I am not personally in contact with them, but was curious if he was already in contact with the person that posted the RV threads on Reddit
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Inge-
Did the OP ever confirm any actual connection with RV?
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Inge-
Will be interesting to see. Did you get their crypto paper that was released today?
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dEBRUYNE
Raoul confirmed on Twitter that they will be covering privacy coins
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dEBRUYNE
Haven't seen it yet