Wasabi Wallet Parent Company Explains Decision To Censor Bitcoin Transactions

Wasabi Wallet Parent Company Explains Decision To Censor Bitcoin Transactions

zkSNACKs, the company behind the privacy-focused Wasabi Wallet, explained its decision to censor certain Bitcoin UTXOs from using its CoinJoin service.Privacy-focused Bitcoin wallet Wasabi Wallet announced on Sunday it would start preventing certain unspent transaction outputs (UTXOs) from joining its CoinJoin rounds, sparking surprise and rebellion on Twitter as users wondered why the project would make a decision supposedly contrarian to the uncensorable ethos of Bitcoin.However, the decision will only be enforced by Wasabi’s default coordinator, a centralized entity tasked with building....


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Wasabi Wallet to Begin Censoring Coinjoin Transactions

Wasabi Wallet, a privacy-oriented bitcoin-only wallet, has announced it will start introducing censorship methods into its mixing procedures. The announcement was made on social media, where the official account of Wasabi explained that a blacklist will prevent some UTXOs (unspent transaction outputs) from registering to Coinjoins, the method Wasabi and other wallets use to enhance transaction anonymity. Wasabi Wallet to Exclude Some UTXOs From Coinjoin Wasabi Wallet, one of the main privacy-centric bitcoin wallets, announced it will start working to censor some transactions from....

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No crypto for criminals: Coinjoin BTC mixing tool to block illicit transactions

The founder of the Wasabi Wallet called the decision a major setback for Bitcoin’s fungibility, while one of the developers advocated for the use of other privacy coordinators over zkSNACKs. CoinJoin, a popular Bitcoin (BTC) mixing tool, will block transactions associated or flagged as illegal. The announcement came from the official Wasabi Wallet Twitter account, of which Coinjoin is a part.The zkSNACKs coordinator will start refusing certain UTXOs from registering to coinjoins. pic.twitter.com/X3kBuQwieO— Wasabi Wallet (@wasabiwallet) March 13, 2022 The official announcement noted that....

A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions

A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter to “exceed” the compliance requirements of the U.S. Government’s Office of Foreign Assets Control (OFAC). The mining pool’s ability to filter or censor transactions means “high-risk wallets will not be included in Blockseer’s posted blocks.” Detailing the....