As Soon as I pop in a Taproot address into the Pay to: field the Optimize at the bottom switches from Private to Efficiency. The Tooltip says "Address types different than the wallet indicate external payments. Cannot Coinjoin due to mixed address types." Is this any concern or is the end result the same or similar to a coinjoin since all the UTXO's are combined ? Second question, in the Taproot wallet will I just end up with 6 UTXO's ( as in your example HODL 1-5) with the random amounts I entered for each destination ?
In regards of the question about "address types", you better consult in their documentation and with the guys from Sparrow https://www.sparrowwallet.com/docs/ - see at the bottom the Telegram group.
The 2nd question: Depends how many UTXOs you want to have. You can split it into as many you want. That was just my example. Yes, you can enter for each a specific amount you want. But if you want a random number, you can construct the transaction in an excel for example and then paste the result into Sparrow.
ok. I did this as described and it worked really nicely... problem I have is that on the kycp site it shows that the boltzmann analysis of the transaction has 100% likelihood rating that this is a single owner value transfer. So I haven't really gained anything in terms of anonymity or privacy if it so simple to analyze and come up with this interpretation. Any thoughts?
Use your imagination. Create 2-3 wallets, take 10-20 addresses from each and mix the coins between each others. Depends what level of anonymity you want to achieve.
Just for messing around some coins you bought from an exchange and store them into a hodl wallet, you don't have to go full "paranoia mode".
As Soon as I pop in a Taproot address into the Pay to: field the Optimize at the bottom switches from Private to Efficiency. The Tooltip says "Address types different than the wallet indicate external payments. Cannot Coinjoin due to mixed address types." Is this any concern or is the end result the same or similar to a coinjoin since all the UTXO's are combined ? Second question, in the Taproot wallet will I just end up with 6 UTXO's ( as in your example HODL 1-5) with the random amounts I entered for each destination ?
First of all, thanks for reading my guide!
In regards of the question about "address types", you better consult in their documentation and with the guys from Sparrow https://www.sparrowwallet.com/docs/ - see at the bottom the Telegram group.
The 2nd question: Depends how many UTXOs you want to have. You can split it into as many you want. That was just my example. Yes, you can enter for each a specific amount you want. But if you want a random number, you can construct the transaction in an excel for example and then paste the result into Sparrow.
Very good guide. Thank you. I will be recommending this and sharing.
Much appreciated!
🙏🏼
ok. I did this as described and it worked really nicely... problem I have is that on the kycp site it shows that the boltzmann analysis of the transaction has 100% likelihood rating that this is a single owner value transfer. So I haven't really gained anything in terms of anonymity or privacy if it so simple to analyze and come up with this interpretation. Any thoughts?
Use your imagination. Create 2-3 wallets, take 10-20 addresses from each and mix the coins between each others. Depends what level of anonymity you want to achieve.
Just for messing around some coins you bought from an exchange and store them into a hodl wallet, you don't have to go full "paranoia mode".
when i try to import electrum wallet i get this error why Wallet has an incompatible script type of P2WKPH. any way to contact you email?