JoinMarket is a CoinJoin implementation that coordinates makers and takers to create collaborative Bitcoin transactions improving privacy.
JoinMarket coordinates multiple participants to create a single transaction with mixed inputs and outputs, breaking the on-chain link between them. Makers provide liquidity; takers pay a fee to initiate mixes.
"By combining many participants into one transaction, JoinMarket makes it harder to trace funds via simple heuristics."
"Liquidity incentives attract makers, increasing availability and quality of mixes for takers."
Compared to coordinated mixers, JoinMarket is non-custodial and market-driven. CashShuffle and CashFusion provide similar privacy on Bitcoin Cash, with different coordination and heuristic resistance properties.
"CashFusion uses flexible output amounts to resist common clustering heuristics more effectively than classic equal-output CoinJoin models."
"JoinMarket's maker-taker model differs from wallet-integrated coordination used by CashShuffle."
All terms and definitions may update as the Cryptionary improves.