Tag: Coinjoin

zkSNACKs is Discontinuing its Coinjoin Coordination Service 1st of June

Announcements

After years of relentless dedication to improve Bitcoin’s privacy, zkSNACKs, the company pioneering the development of Wasabi Wallet, is shutting down its coinjoin coordination service, effective from June 1st, 2024.

Smart Randomness: Skipping Coinjoin Rounds Based On Fee Rate

Technical

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

Deeper Privacy with Safety Coinjoins

Technical

“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.

Time is Money: DoS (Denial of Service) Fortification and Coinjoin Time Preference

Technical

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.

How Coinjoin Wallets Compare on Fees

Learn Technical

If you want to know the details of how WabiSabi, Whirlpool and Joinmarket fee structures work, read on. We’ll define all the fees of a coinjoin transaction, the way fees are calculated for each protocol and finally, which one is better for many different user profiles. 

Friends and Plebs Don’t Pay Wasabi Coinjoin Fees

Learn

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 Presents 3 New Coinjoin Wallet Reviews

Announcements Learn

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. 

Wasabi’s Latest Release (2.0.4) Improves Coinjoin Efficiency

Announcements Technical

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. 

Bitcoin Privacy Primer

Learn

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.

What Lightning Network-Enabled Wabisabi Coinjoins Might Look Like

Technical

Read further to learn more about the details of why the Lightning Network is Bitcoin’s leading scaling solution, why payment channel openings and coinjoins go well together, how to currently open a Lightning Network channel from a Wasabi Wallet private UTXO, how Vortex presently handles the direct opening of channels from coinjoin outputs, and finally, how a future Lightning Network-enabled WabiSabi coinjoin might solve that problem.

What is the Difference Between an Anonymity Set and an Anonymity Score?

Learn Technical

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.

Lesser Known Features of Wasabi Wallet

Learn

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.

Twitter Spaces Highlights – Toxic Change in CoinJoins

Learn

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.

What are the Benefits of Coinjoin?

Learn

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.

The Best Technologies for Keeping Your Identity Secure

Learn Technical

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.

How CoinJoins Fix Bitcoin Privacy

Learn

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.

Methods for the Destigmatization of Coinjoin

Learn

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 is the Bridge to Bitcoin Fungibility

Learn

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.

Learn

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?

The History of WabiSabi

Technical

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.

Wasabi Wallet 2.0 Feature List

Announcements

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.

zkSNACKs’ Blacklisting Update

Announcements

Two weeks ago, zkSNACKs announced that they are going to refuse certain UTXOs from registering to coinjoins coordinated by the company.

Milestone in Unlinkability

Learn

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.

Podcast Review: Designing a Privacy-Focused Bitcoin Wallet UX

Learn

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.

Why CoinJoins Are Largely Misunderstood

Learn

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.

Privacy Guarantees Of Wasabi Wallet 2.0

Technical

Fully analyzing Wasabi 2.0 coinjoins is computationally hard and will probably be impossible for decades to come because a combinatorial complexity explosion is happening when we try to find all the sub-transactions of a Wasabi 2.0 coinjoin.

Wasabi Wallet Preview Progress

Announcements

Eight weeks have passed since our last update. We set up 3 milestones before the final 2.0 version’s release. Right now we are working on the first milestone, which is the so-called preview version of Wasabi 2.0.

What is Wabi-Sabi?

Technical

When you hear the word wabi-sabi for the first time you might think, “wow that sounds like a TV cartoon my kid would haunt my days watching.” Or if you’re one of those artsy types you may be familiar with its Japanese definition: a world view centered on the acceptance of transience and imperfection. Unlike its Japanese definition, Wasabi Wallet has been working on perfecting our own interpretation of this wonderful word with the WabiSabi protocol.

Spending CoinJoined Coins

Learn

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.

Converting CoinJoined Coins to Cash

Learn

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.

Privacy, Fungibility, Anonymity

Learn

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

Wasabi Research Experience

Learn

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.

What is a Coinjoin?

Learn

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