Tag: Basics

Only in Wasabi: Privacy Warnings and Suggestions

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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. 

Friends and Plebs Don’t Pay Wasabi Coinjoin Fees

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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.

What is the Difference Between a Passphrase and a Password?

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In this article, we will explain what BIP39 is, the benefits and tradeoffs of passphrases, how to properly back them up, and how they differ from regular passwords.

xPubs & xPrivs

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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.

How KYC Affects Your Privacy

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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.

The Benefits of Running a Full Bitcoin Node

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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.

What are the Benefits of Coinjoin?

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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.

How to Gift Bitcoin Privately

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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!

Why Privacy

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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.

Understanding Online Privacy

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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.

How CoinJoins Fix Bitcoin Privacy

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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.

Wasabi is the Bridge to Bitcoin Fungibility

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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.

How to use Bitcoin Privately in 3 Easy Steps: Receive, Wait and Spend.

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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?

Why Bitcoin Started

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

Why CoinJoins Are Largely Misunderstood

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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.

Bitcoin’s Utility

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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!

Bitcoin Horror Stories: Lost Private Keys

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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.

The Stigma Behind Bitcoin

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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.

Pizza for Bitcoin?

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

What is a Coinjoin?

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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