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.
From its inception, Bitcoin was meant to be disruptive. and for over a decade, it has made giant leaps as a decentralized currency despite concerted efforts to subvert it. The fact that bitcoin is still here means that it's needed and has a role to play in the future.
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.
Addresses are designed to receive bitcoin and are supposed to be disposable with every use. Unless your money matters are meant to be public, reusing an address will always make sure your balances are open for everyone to see.
Environmental impacts are not denied here but comparatively lower than what adversaries have painted over the years. Hopefully, solutions to completely eliminate negative energy and carbon footprints from the mining ecosystem are achieved soon.
Two weeks ago, zkSNACKs announced it is going to refuse certain UTXOs from registering to coinjoins coordinated by the company.
In bitcoin, the blockchain is the 1st dimension also known as layer 1. There are higher up and parallel 2nd dimensions that utilize the 1st dimension as its host. There may eventually even be layer 3 dimensions as more development continues.
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.
After two years, Wasabi Wallet has transformed its logo. The original green and orange shield its users have grown to recognize and love has been changed to a sleek and modern design, which includes an entirely new colour scheme and font as part of the ongoing evolution of the company’s brand.
You are no longer competing with anyone each month for the $100 bounty paid in Bitcoin. Submit your work and we will review it. If it's something on par with the level of writing we'd like to feature in our blog, then you will be rewarded!
All cryptocurrencies are blockchains but not all blockchains have to be used to keep track of monetary transactions
The Relai party was held at Relai’s office in the beautiful city of Zurich, Switzerland. In fact, it’s exactly on top of the building where The House of Satoshi is located.The space was created to educate people about bitcoin.
How can you gift gift cards while paying in Bitcoin? Try Paxful!
