--- Log opened Mon Dec 20 00:00:06 2021
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08:22 < rojiro> is there a plan to require fideilty bonds for makers? or will it always be optional?
08:43 -!- deanguss is now known as DeanGuss
08:46 < belcher> always optional IMO
08:47 < belcher> from the fidelity bond proposal doc "Some people run makers not for profit but for their own privacy. Therefore not all makers should be required to have bonds, because such privacy-makers are useful to include in coinjoins too. We could have taker allow say, an eighth (12.5%), of their coinjoin peers to be makers without bonds. They can be chosen randomly from the orderbook without any weighting based on fidelity bond values. Of course these are easy 
08:47 < belcher> to fake by an adversary so they dont contribute much to sybil resistance."
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13:47 < rojiro> belcher: thanks.
13:47 < rojiro> As a beginning maker, with the defaults, whats a good minimum amount of sats to deposit?
13:49 < rojiro> the default minimum seems to be 100,000 sats in the config, so how many multiples of that should you have in your maker wallet?
14:02 < ocb> rojiro: it also slightly depends on yield-generator you are going to run. iirc yg-privacyenhanced.py will try to force biggest utxos to stay in bulk so maker can maximize the offer size. it also depends on maximum and minimum offered amounts. aproximatelly if you deposit 0.1 btc you will likely be able to provide about 0.05 at most times, sometimes more sometimes less. minimum capped is 27000
14:02 < ocb> sats.
14:05 < rojiro> ocb: Thanks. What do you mean by minimum capped?
14:07 < rojiro> Also when doing a multiple join, there are three addresses listed. For privacy best practices I assume that you will never want to re-join these three UTXOs in the future, correct?
14:07 < ocb> note, yield-generator-basic.py doesn't have this functionality so if you run that one you might need a bigger amount than when running yg-privacyehanced.py. if you set minsize to ie 1 sat, it will get auto-correct to 27000 - that's the minimum i think.
14:07 < rojiro> ocb: Oh, i get it. thanks.
14:07 < ocb> i am not sure about multiple join. sorry.
14:08 < ocb> you should probably read the yg script contents, its nicely written and well described.
14:10 < rojiro> no poblem. I think the results of the tumbles end up in these three different addresses, but then I assume that it would not be smart to re-join them in the future. I wonder though if there might be a way to use them on the same lightning node in a fairly private way, e.g. perhaps all as seperate channels? then maybe looping them all out together or something?
14:13 < ocb> oh. that's what you mean about multiple join with tumbler, i've never ran tumbler but read the docs. yes, it wouldn't be very good for privacy to join those utxos later on, also be careful so that you don't join them un-intentionally by sending a bigger amount than one utxo can fill.
14:14 < ocb> you could try that with multiple seperate channels, im not the right person to ask about ln, somebody else will surely know better :)
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14:24 < rojiro> I think if it's a public routing node that it would not work to use them again on LN, because the channels would be linked to the node as they are advertised in the gossip protocol? I think. Maybe if it was a private node with private channels..
14:26 < rojiro> seems I should be able to rotate at least one of them back into mix depth 0 to run them through the tumbler again?
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20:17 < rojiro> Has anyone had issues with JM wallet's suddenly being unable to be unlocked with the correct passphrase?
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21:43 < rojiro> I fixed the login issue. Mismatch in key mappings led me to believe the wallet had become corrupted.
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--- Log closed Tue Dec 21 00:00:07 2021