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).

xPub stands for Extended Public Key while xPrivs stands for Extended Private Key. Simply put, xPubs and xPrivs are the parent keys that can allow a wallet to mathematically produce billions of child keys that work as public keys and private keys within your wallet.

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.

If you’ve been thinking about changing software wallets to Wasabi, you need an updated tutorial showing you how to complete that process without taking too much time; you’ve found it.

Running a node enables you – on your computer – to validate transactions on a completely equal level to everyone else on the Bitcoin network. Unless you run your own node, you’re relying on third parties to validate transactions, including your own.

In Wasabi, you cannot really know how many inputs this user has, how many outputs did he break the amount into. And you know, all of these kinds of nuances, it makes it difficult to try to analyze Wasabi coinjoin transactions.

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 the antidote to this risk of fraud, providing a solution to the banking system. It replaces human trust with mathematical provability so that for the first time in history, humans can take complete self-custody over their digital money.

Bitcoin is an intricate piece of technology but bitcoin wallets for end users shouldn’t be. A wallet should be simple enough to allow you, as a user, to create a wallet, receive bitcoin and check your balances without much of a fuss.

Bitcoin removes limitations existing in fiat-based currencies. As a good medium of exchange Bitcoin allows you to transact anywhere and anytime. No daily limitations on minimum amounts you can send or receive.

Bitcoin can help usher in a new area of financial liberation by helping users sidestep the issues associated with the traditional online payment ecosystem, including high fees, red tape, long wait times and a lack of control over one’s funds.

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!

One of the key concepts within the contemporary anarchist vision is that people are, by nature, equal to one another, and should be free to live in ways that reflect this equality. Anarchists respect all individuals who develop skills and knowledge bases that have beneficial applications.

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?

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.

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.

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!

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.

zkSNACKs is a private company. Like most private companies, it generates revenue in an attempt to make a profit. But Wasabi Wallet is a free software…so how does zkSNACKs generate revenue from a product that is completely free?

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.

The road ahead of us is still long, but with consistent usage of available privacy-preserving tools, we can get there. It just depends on all of us to keep on coinjoining so that on-chain surveillance becomes nearly impossible.

“Lightning is the one and only scalable solution for Bitcoin, which is non-custodial. So this is a super important property. So we want to scale Bitcoin in a non-custodial way, but also even maybe even more importantly at the end of the day, we want to preserve privacy.

Government control of money goes all the way down to the individual user of money. If you are able to control who spends state-issued money on what and how, then you can essentially enslave the population

Hacker’s Congress is a very niche meet-up of crypto-anarchists, privacy extremists, bitcoiners, shitcoiners and other misfits who want to change the world for the better. It focuses on hacking and societal change that spreads awareness on freedom.

With the transition to fiat currency, the age of accountability ended for both, governments and the banking industry.

The philosophy of CoinJoins is that you hide in a crowd in order to hide your face. The more people gather around you, the harder it is for the outsider to identify you. And if everyone wears the same mask, has the same hair color, height, etc…then you have an idea of what CoinJoins look like.

It doesn’t matter who Satoshi is/was. His gender, his race, his age, his nationality,it doesn’t matter. We are all Satoshi.

Why is every Bitcoin skeptic citing its lack of utility as its biggest flaw? Everyone is comparing Bitcoin to digital gold or digital real estate, but has everyone forgotten that it’s a currency? It’s like asking for people to demonstrate your iPhone’s ability to open a beer. It can’t, it’s a phone!

We’re diving into our top 3 stories where people lost out on (possibly) millions because of losing their private keys to access their Bitcoin. We feel their pain and we would hate to be in their shoes.

Just like Bitcoin, the overwhelming majority of CoinJoin users are average people. From die-hard libertarians to people trying to use Bitcoin in a country where it is curtailed, there are many reasons to want privacy and Wasabi Wallet is the solution in an ecosystem where there is none.

Assuming that you care about privacy and have CoinJoined all your Bitcoin, let’s map out all the different ways to spend your sats without turning it into cold hard cash.

There are some questions that come up constantly which can make even the best of us cringe. Here are our top 3 questions that should be avoided in the online Bitcoin community, and 3 things you can say instead to easily fit in (like, totally!)

How can I pay my bills when earning Bitcoin? To answer this, we figure it would be best to map everything out and then compare and contrast all the various ways to convert your CoinJoined coins to fiat cash.

The privacy challenges of the future will not be the same as those of the past.

“Pizza Day” has become a milestone in Bitcoin’s history, but how many articles address the privacy concerns that this transaction raises?

The team working on Wasabi Wallet seems to be growing everyday. This is not just a cliché; zkSNACKs, the company sponsoring Wasabi Wallet’s development is only 2.5 years old and already has over 25 employees.

The bitcoin privacy ecosystem is not exactly very large. So, for this reason, a lot can be gained by having people knowledgeable and passionate about this topic congregate to discuss this and any corresponding topics. This is the motivation behind having a weekly Research Club Experience.

You may have heard of zkSNACKs, the company that is sponsoring the development of Wasabi. But where does that name come from?

From  Bitcoin ATMs to Lightning Network. We’ve asked a few of our wasabikas what some of their favourite things about Bitcoin were that made this year a bit more bearable. Here’s what they had to say.

Bitcoin by default does not provide the privacy we got used to with the traditional financial systems due to its publicly transparent nature. The aim is to have privacy by default while having the option to be publicly transparent at will

Max Hillebrand was recently featured on ‘What Bitcoin Did’ with Peter McCormack to discuss Bitcoin privacy and finacial sovereignty.

Here’s a straight forward video on…you guessed it, setting up a COLDCARD with Wasabi Wallet. The video quickly runs through the setup process and thanks to the pause button, you will have time to read all the text.