How long would it typically take to use coinjoin anyway? From start to finish that would mean.
As I could see this hurting centralized mixers pretty badly, though only if the time spent mixing is close to comparable. Let me know!
Last time I gave it a whirl (a couple of weeks ago) it took about 3 hours in the best case and I gave up after 6 hours in the worst case. Maybe it's better now, but it seems like there's still a bit of a chicken-egg problem: The less people use it, the less convenient it is to use, the less likely people are to use it again. I think especially the relatively large minimum amount (compared to centralized mixers) makes it harder for people to join, leading to prolonged waiting times. I do hope this gets better in time and as awareness spreads.
Hm, yeah that's a pretty big problem -- though I do see the Catch 22 type issue here and that's not something which is good.
I think another issue with Wasabi is the issue of there being too high of a minimum for conjoin, which I think is around .099 (somewhere around $380 USD as of right now) That's going to price a good deal of people out of using this service, and that's pretty sad to see as it is a good service that could be used to bring privacy to so many. I don't know the reason behind this sort of minimum, I do hope that there is someone here that could shine some light on that.
