More Bitcoin than ever was just made private with this technique


Cryptocurrency / Cryptocurrency 70 Views comments

More Bitcoin than ever was made private this month through an anonymization strategy known as CoinJoin. And if you own Bitcoin, but use centralized exchanges or other similar services, privacy experts say you should probably consider doing it too.

Bitcoin mixers that use the CoinJoin technique, such as Wasabi and Samurai Wallet, have seen huge growth in recent months, according to open source data shared by Wasabi contributor and educator Max Hillebrand

Non-custodial wallets (i.e. wallets which enable users to control the private keys to their own funds) like Wasabi and Samourai allow users to CoinJoin their Bitcoin by paying a small fee to have their Bitcoin mixed with others to obfuscate their transaction history and links to identities.