Wasabi Wallet Key Points
- Wasabi Wallet is a privacy-focused Bitcoin wallet, designed to keep your transactions private and your identity hidden.
- It is an open-source, non-custodial, privacy-focused Bitcoin wallet, implemented in C# on the .NET platform.
- It utilizes advanced privacy features, such as CoinJoin and Tor integration, to enhance user privacy.
- The wallet is available for Windows, macOS, and Linux, and it is also compatible with hardware wallets like Trezor and Coldcard.
- Through CoinJoin, Wasabi Wallet allows users to mix their coins with other users to break the link between the sender and receiver addresses.
Wasabi Wallet Definition
Wasabi Wallet is a privacy-centric, open-source Bitcoin wallet that allows users to manage their Bitcoin holdings securely and privately. It is designed to keep its users’ transactions private by using advanced privacy techniques such as CoinJoin and Tor integration.
What is Wasabi Wallet?
Wasabi Wallet is a Bitcoin wallet that focuses on privacy and security. It’s designed to keep your transactions private, your identity hidden, and your funds secure. Wasabi is an open-source wallet, meaning its code is publicly available for review and contribution.
It features advanced privacy techniques such as CoinJoin and Tor integration. CoinJoin helps to obfuscate the link between the sender and the receiver in a Bitcoin transaction, while Tor integration adds an extra layer of privacy by hiding the user’s IP address.
Who Created Wasabi Wallet?
Wasabi Wallet was created by Adam Ficsor, also known as nopara73, a privacy-focused Bitcoin developer. He is also the co-founder of zkSNACKs Ltd., the company behind the development of the Wasabi Wallet.
When Was Wasabi Wallet Released?
Wasabi Wallet was first released in August 2018. Since then, it has undergone several updates and improvements, all aimed at enhancing its privacy features and user experience.
Where Can You Use Wasabi Wallet?
Wasabi Wallet can be used on various operating systems including Windows, macOS, and Linux. Additionally, it is compatible with hardware wallets such as Trezor and Coldcard, allowing users to manage their hardware-stored Bitcoin using Wasabi’s privacy features.
Why Use Wasabi Wallet?
The primary reason to use the Wasabi Wallet is for its advanced privacy features. With the growing concern over financial privacy, Wasabi provides a way for Bitcoin users to transact privately, keeping their identities hidden.
Wasabi’s CoinJoin feature allows users to mix their coins with others, making it difficult for observers to trace transactions back to the original sender. The Tor integration further enhances privacy by hiding the user’s IP address.
How Does Wasabi Wallet Work?
Wasabi Wallet operates by utilizing the concept of CoinJoin, a method that allows multiple users to combine their transactions into one, making it harder for outside observers to determine who is sending Bitcoin to whom.
Users can also take advantage of the Wallet’s Tor integration, which hides the user’s IP address, adding an extra layer of privacy. Additionally, Wasabi is a non-custodial wallet, meaning that users have full control over their private keys and funds at all times.
