Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
Bitcoin English
Bitcoin wallets
Samourai wallet
Understanding pools and pool fees
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Satko" data-source="post: 56" data-attributes="member: 2"><p>Whirlpool is different than other CoinJoin services, in that you do not pay a volume based fee per anonymity set, but instead you pay a one time flat fee for an unlimited anonymity set.</p><p></p><p>To put it simply, it costs the same in Pool Fees to cycle 1 BTC or 1000 BTC. Once the pool fee is paid, it costs nothing to continue cycling. With each cycle you gain a greater privacy advantage with a deeper anonymity set.</p><p></p><h2>Current Pools</h2> <table style='width: 100%'><tr><th>Pool Denomination</th><th>Pool Fee</th><th>Current Status</th></tr><tr><td>0.01 BTC</td><td>0.0005 BTC</td><td><strong>OPEN</strong></td></tr><tr><td>0.05 BTC</td><td>0.0025 BTC</td><td><strong>OPEN</strong></td></tr><tr><td>0.5 BTC</td><td>0.025 BTC</td><td><strong>OPEN</strong></td></tr></table><p></p><p></p><h2>Choosing the right pool</h2><p>The denomination of the pool determines the minimum amount you can cycle through that pool and the resulting denomination of the newly cycled UTXOs in your wallet. Generally the larger the UTXO you are cycling, the larger the pool you want to choose.</p><p></p><p><strong>For example: </strong></p><p></p><p>Cycling 1 BTC in the 0.01 Pool would create 100 outputs of 0.01 BTC</p><p></p><p>Cycling 1 BTC in the 0.05 Pool would create 20 outputs of 0.05 BTC</p><p></p><p>Cycling 1 BTC in the 0.5 Pool would create 2 outputs of 0.5 BTC</p><p></p><h2>Next Steps</h2><p><a href="https://e-money.club/threads/adding-your-utxos-to-a-pool-with-whirlpool-desktop.47/" target="_blank">Select a Pool to cycle your UTXOs</a></p></blockquote><p></p>
[QUOTE="Satko, post: 56, member: 2"] Whirlpool is different than other CoinJoin services, in that you do not pay a volume based fee per anonymity set, but instead you pay a one time flat fee for an unlimited anonymity set. To put it simply, it costs the same in Pool Fees to cycle 1 BTC or 1000 BTC. Once the pool fee is paid, it costs nothing to continue cycling. With each cycle you gain a greater privacy advantage with a deeper anonymity set. [HEADING=1]Current Pools[/HEADING] [TABLE] [TR] [TH]Pool Denomination[/TH] [TH]Pool Fee[/TH] [TH]Current Status[/TH] [/TR] [TR] [TD]0.01 BTC[/TD] [TD]0.0005 BTC[/TD] [TD][B]OPEN[/B][/TD] [/TR] [TR] [TD]0.05 BTC[/TD] [TD]0.0025 BTC[/TD] [TD][B]OPEN[/B][/TD] [/TR] [TR] [TD]0.5 BTC[/TD] [TD]0.025 BTC[/TD] [TD][B]OPEN[/B][/TD] [/TR] [/TABLE] [HEADING=1]Choosing the right pool[/HEADING] The denomination of the pool determines the minimum amount you can cycle through that pool and the resulting denomination of the newly cycled UTXOs in your wallet. Generally the larger the UTXO you are cycling, the larger the pool you want to choose. [B]For example: [/B] Cycling 1 BTC in the 0.01 Pool would create 100 outputs of 0.01 BTC Cycling 1 BTC in the 0.05 Pool would create 20 outputs of 0.05 BTC Cycling 1 BTC in the 0.5 Pool would create 2 outputs of 0.5 BTC [HEADING=1]Next Steps[/HEADING] [URL='https://e-money.club/threads/adding-your-utxos-to-a-pool-with-whirlpool-desktop.47/']Select a Pool to cycle your UTXOs[/URL] [/QUOTE]
Loading…
Verification
Post reply
Forums
Bitcoin English
Bitcoin wallets
Samourai wallet
Understanding pools and pool fees
Top