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Trezor & Wasabi Wallets Comes Together for CoinJoin Implementation

The idea is that users will be able to use CoinJoin on their Trezor devices.

Written By Renuka Tahelyani Renuka Tahelyani
Published September 6, 2022 9:31 AM
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Trezor & Wasabi Wallets Comes Together for CoinJoin Implementation

The Trezor hardware wallet and anonymous bitcoin wallet, Wasabi Wallet have collaborated to bring privacy-enhancing transactions known as CoinJoins to hardware wallets.

🚨 BREAKING: Hardware wallet coinjoins are coming next year with our friends at @Trezor pic.twitter.com/2RFCgM9wK2

— Wasabi Wallet (@wasabiwallet) September 4, 2022

The idea is that users will be able to use CoinJoin on their Trezor devices, beginning next year and CoinJoining is not unique to Wasabi. It is a type of send transaction used by the Bitcoin protocol.

Wasabi is well-known for its mechanism that aids in the coordination of CoinJoins between different users. CoinJoins are a method of combining coins to protect users’ privacy on a public ledger.

Rafe, a Wasabi developer, stated, “You will be able to join our zkSNACKs WabiSabi CoinJoin rounds with your hardware wallet in the Trezor Suite application.”

Also Read: Trezor Probes Potential Data Breach as Users Report Phishing Attacks

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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