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, 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....
One of the main Wasabi Wallet 2.0 improvements is not just to the CoinJoin design through WabiSabi, but also its usability. We could see it debut in about nine months.
This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming next year with our friends at [Trezor].”
Trezor Says Company Is ‘Working on a Coinjoin Implementation’
According to Trezor and Wasabi, a form of Coinjoin mixing is coming to hardware wallets in the near future. Coinjoin is a privacy-enhancing process that is leveraged....
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 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....