Australian Bitcoin Podcast

Episode 12: Bitcoin Privacy With k3tan (Ministry of Nodes) - KYC vs No KYC, Chain Analysis Heuristics, Samourai and Sparrow Wallet Coinjoin and Mixing Tools, and Network-level Privacy Considerations


Listen Later

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.  


Thanks to our guest:
https://twitter.com/_k3tan
https://twitter.com/ministryofnodes

Host: https://twitter.com/mission_bitcoin


Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes
- k3tan's personal bitcoin journey
- Ministry of Nodes (helping clients hold their own keys, run their own node, and follow privacy best-practices)
- similarities between bitcoin distributed ledger and BitTorrent filesharing
- what is privacy?
- is bitcoin private by default?
- increased security through improved privacy
- data leaks (eg, Ledger, HubSpot)
- things to consider with bitcoin privacy: KYC vs no KYC, on-chain transactions, and network-level privacy
- KYC vs no KYC: pros and cons, and methods
- SatsSpend Australian Bitcoin Business list
- tips to improve bitcoin privacy: keep your mouth shut, don't reuse receiving addresses, and use UTXO management (eg, labeling and coin control/selection)
- what is a UTXO (unspent transaction output)?
- HardBlock's auto-send feature and not reusing receiving addresses
- Sparrow and Samourai Wallet for privacy features
- Whirlpool coinjoin mixing
- chain heuristics: address reuse, common input ownership, self-spends, round-number, largest output, change position, change vs spend address/script type, multi- vs single-signature)
- anti-fingerprinting features (change output position randomisation, and same-type spend and change outputs)
- BIP47 (PayNym) reusable static stealth addresses
- post-mix coinjoin spend tools (eg, Stonewall, Stonewall 2X, Stowaway, Ricochet)
- is Lightning Network private (eg, multiple hops through custodial services or BoltzExchange)?
- network-level privacy
- running your own node
- what is Tor?
- what is a VPN?
- using Tor and a VPN to improve privacy
- nodes to consider: RoninDojo, RaspiBlitz, MyNode, Umbrel, Citadel, Start9, or Ministry of Nodes custom multi-use build
- Australian ISP data logging and metadata retention
- planning for privacy is low time preference
- privacy is fundamental in the cypherpunk and bitcoin ethos
- using Australia Post parcel locker for bitcoin-related deliveries
- being bullish on bitcoin privacy
- attacks on bitcoin privacy and fungibility important to keep in mind and fight against
- self-hosting maximalism
- running a pfSense free and open source software (FOSS) router

References
https://www.ministryofnodes.com.au/
https://www.youtube.com/c/MinistryofNodes
https://github.com/Daunus/SatsSpend

...more
View all episodesView all episodes
Download on the App Store

Australian Bitcoin PodcastBy HardBlock


More shows like Australian Bitcoin Podcast

View all
Motley Fool Money by LiSTNR

Motley Fool Money

85 Listeners

TFTC: A Bitcoin Podcast by Marty Bent

TFTC: A Bitcoin Podcast

776 Listeners

The Peter McCormack Show by Peter McCormack

The Peter McCormack Show

2,179 Listeners

Bitcoin Audible by Guy Swann

Bitcoin Audible

430 Listeners

The Bitcoin Standard Podcast by Dr. Saifedean Ammous

The Bitcoin Standard Podcast

431 Listeners

Bitcoin Magazine Podcast by BTC Media

Bitcoin Magazine Podcast

141 Listeners

What Bitcoin Did by Danny Knowles

What Bitcoin Did

265 Listeners

Swan Signal Live - A Bitcoin Show by Swan Bitcoin

Swan Signal Live - A Bitcoin Show

186 Listeners

The "What is Money?" Show by Robert Breedlove

The "What is Money?" Show

665 Listeners

The Bitcoin Matrix by Cedric Youngelman

The Bitcoin Matrix

84 Listeners

The Jack Mallers Show by Jack Mallers

The Jack Mallers Show

124 Listeners

Bitcoin for Millennials by Bram Kanstein

Bitcoin for Millennials

24 Listeners

Simply Bitcoin by Simply Bitcoin

Simply Bitcoin

104 Listeners

THE Bitcoin Podcast by Walker America

THE Bitcoin Podcast

46 Listeners

UNEMPLOYABLE by Unemployable Media

UNEMPLOYABLE

13 Listeners