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Wasabi Wallet 2.0 Announced, Focusing On Privacy Ahead Of Mass Adoption

by CBDC Insider
November 5, 2020
in Uncategorized
Reading Time: 1min read
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Wasabi Wallet 2.0 Announced, Focusing On Privacy Ahead Of Mass Adoption
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Wasabi Wallet, a privacy-focused Bitcoin wallet, today announced Wasabi Wallet 2.0. It expects the product to release sometime in the next three to 14 months.

Wasabi Wallet is a free and open-source desktop wallet that leverages CoinJoin mixing to obscure transaction history by combining multiple bitcoin payments from multiple parties into single transactions, so that outside parties have a harder time tracing the individual transaction histories of each. It also has a Tor integration as an additional privacy measure.

According to the announcement, posted by lead developer nopara73, Wasabi Wallet 2.0 features a “complete UI rewrite” to improve design without removing features of the current software. “Manual CoinJoining” will be removed except for “power users.” And the anonymous credential scheme WabiSabi will be debuted, which is designed for constructing CoinJoin transactions using a centralized coordinator to enable more “cost-efficient, collaborative transactions without waste, lay the foundation for payments within CoinJoins and open the door for combinations with other technologies.”

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