The cost of being an open source privacy preserving software and why we are killing the coordination fee

Release version 2.0.8 introduces several enhancements and improvements. It includes GUI support for custom coinjoin coordinator selection, connection via Tor bridges, support for TailsOS and WhonixOS, and the “exclude coins from coinjoins” feature.

The new release of Wasabi bundles cutting edge privacy technology with a smoother user experience.

Version 2.0.4 introduced a comprehensive set of privacy warnings and suggestions that appear when you send funds. Warnings have three levels of severity, suggestions are actions you can take to keep your privacy intact. 

A new source of randomness was introduced in Wasabi v2.0.6 to improve the privacy of the coinjoin feature.

“Safety coinjoins” are triggered by default to ensure a minimum amount of remixing for users who choose to minimize costs or maximize speed. This feature anticipates how coins might be spent in the future to prevent guesses from being made based on a specific user behaviour.

As a result of months of hard work by the Wasabi and Tor developers, updated statistics from October 2023 show that the overall success rate has more than doubled since the previous year, with over 50% of new rounds and over 80% of blame rounds succeeding.

In this article, we’ll explain how Wasabi coinjoin fees work, how it differs from Wasabi Wallet 1 with Free Remixing, what Friends don’t pay means, the importance of accessibility in coinjoin transactions, what Plebs don’t pay means, why mining fees are never waived, and finally how to minimize mining fees in a high-fee environment.

Coinjoins.org was announced earlier this year by Thibaud and Gustavo as a new public resource to discover and review bitcoin wallets with coinjoin features. Today, 3 new wallet reviews were released to help consumers discover the best bitcoin wallets for privacy. 

This article will define what Tor is, how Wasabi Wallet implements Tor exactly, what are the operations that require an immediate circuit update, why the coordinator doesn’t use an onion service anymore, and how Conflux could be a future solution to improve reliability.

With the 2.0.4 release, we have improved coinjoin efficiency in multiple ways so that you reach private status on all your coins faster and incur less cost. Our main goal is to even further reduce the occurrence of toxic change. 

Good privacy is important for your personal security. Deciding who knows what about you is essential for your financial matters. Few people know how much money you have in your bank account.

If you want to know the details of what is an anonymity set, what makes the difference between the former term and anonymity score, how to set your anonymity score target on Wasabi, and how your post-coInjoin activity can impact your anonymity, keep reading this article.

The “zk” stands for Zero-Knowledge. zkSNACKs is a pun originating from the cryptographic techniques zk-SNARKS (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) and zk-STARKS (Zero-Knowledge Succinct Transparent Argument of Knowledge).

Wasabi Wallet is well-known for making privacy-boosting coinjoin transactions accessible to everyone, but some may not be aware of the extent of its range of customizable features that allow users to shape their own experience while using Wasabi Wallet.

Know Your Customer (KYC) requirements are meant to validate customers’ identities, but this collection is often involuntary, and they also hold significant ramifications for your privacy.

A coinjoin is a special kind of Bitcoin transaction where two or more people’s transactions are combined, which breaks the link between transactions, improving each coinjoin participant’s privacy. When Bitcoin users have the ability to selectively reveal themselves to the world, everyone benefits.

Internet websites and applications are full of trackers for ad and surveillance purposes. If you don’t watch out, you will quickly discover that you’ve revealed yourself to the world more than you had initially wanted.

Bitcoin is right in the middle of the path to mass adoption. Many still do not understand the disruptive changes in the relationship between the state and the individual that will come with the triumphant advance and expansion of this technology.

Experienced Bitcoiners know how quickly the value of fiat money melts, so instead of buying your loved ones a gift card, keep them warm with the joy of hard money this winter season by giving them Bitcoin!

Cypherpunks tend to believe in the power of cryptography and other online privacy strategies centered around combating widespread digital surveillance. For decades, cypherpunks have been designing strategies and platforms to preserve online privacy for those who recognize its importance.

The importance of online privacy is relevant to everyone—not just users who are looking to avoid the scrutiny of authorities for reasons related to questionable activities.

The importance of online privacy is relevant to everyone—not just users who are looking to avoid the scrutiny of authorities for reasons related to questionable activities.

CoinJoin acts as an opaque wall in a timeline that transactions pass through. If a sender of bitcoin coinjoins, the recipient is unable to determine how the sender obtained the funds.

CoinJoin acts as an opaque wall in a timeline that transactions pass through. If a sender of bitcoin coinjoins, the recipient is unable to determine how the sender obtained the funds.

There are other important aspects of good money, which currently Bitcoin is not optimally designed for. Specifically, the fungibility of money…In the worst case, this open transaction history is the basis for a dystopian surveillance system.

Not enough people understand the value proposition behind Bitcoin. If they did, then the motivation for coin mixing and coinjoin services would become much more clear. Hence, the first step to destigmatize these services would be through education.

Wasabi 2.0 makes privacy easier, more affordable and more acceptable. Everyone will be able to use the open source software with the CoinJoin coordinator that they like the most and poses the smallest amount of compromises.

What if I told you that it’s gotten super easy to make Bitcoin payments without anyone being able to link them all to you?

WabiSabi is a novel communication protocol for creating bitcoin coinjoin transactions with arbitrary amounts. It is a concept with roots going back to the early days of bitcoin, even the earliest beginnings of digital payments.

The zkSNACKs coordinator in Wasabi Wallet 2.0 offers an initial coordinator fee of 0.3% which only fresh coinjoin UTXOs will pay. Remixes (even after one transaction), Wasabi Wallet 1.0 coinjoin outputs and UTXOs of 0.01 BTC or less pay no coordinator fees in Wasabi Wallet 2.0 coinjoins.

This article should be taken as a rough outline of the hurdles Bitcoin’s privacy has to overcome over the next few years to establish itself as the global monetary standard providing the fundamental right to privacy for everyone.

There is a limited amount of time before the public utility borne of Satoshi’s vision is quashed by the centralization of power and wealth within and around the Bitcoin ecosystem.

Bitcoin can enable anonymous digital transactions, but it is good to understand where anonymity on Bitcoin can degrade. By understanding how anonymity can be eroded on bitcoin, one can then understand how anonymity can also be preserved.

Linkability is a problem everywhere. But with the latest development in Wasabi Wallet 2.0, many things have changed and privacy given to the user through the use of its tool is far superior to the original Wasabi Wallet.

The most problematic issue facing Bitcoin today is that it can be very easily associated with a person’s real-life identity.
Wasabi provides detailed coin control so you know how anonymous each slice of your BTC is at any given time.

This article, focuses on the privacy aspect of Bitcon’s soft fork. It seeks to explain how Taproot increases every user’s plausible deniability and potentially poses a threat to the blockchain analysis business.

Though Wasabi’s initial design was based on Nopara73’s vision of a privacy-focused bitcoin wallet , the UI has served its purpose and it’s now time for an upgrade – Wasabi Wallet 2.0.

The right to privacy is an essential human right. Coinjoin technology being pioneered by the Wasabi team solves the Bitcoin privacy issue in beautiful ways.

1 BTC will be distributed during Wasabi Wallet’s Lightning Network Privacy Research Grant. We’re looking for researchers and teams of researchers to design the best possible privacy focused Lightning Network light client. One may apply with a team or individually.