Today the privacy-conscious Bitcoin wallet Wasabi reports that it has made significant strides in releasing its Wasabi Wallet 2.0.
Wasabi Wallet was founded almost three years ago and uses CoinJoin to bundle unspent transactions (UTXOs) from multiple users into a single Bitcoin transaction. CoinJoin is a trusted process that makes it difficult for outside observers or even participants to track down funds and cut transaction fees significantly. To protect the anonymity of its users, Wasabi traffic goes by default over the Tor network, an online network that focuses on censorship resistance and anonymity.
Wasabi Wallet 2.0 aims to improve the wallet’s user interface as well as introduce a more efficient coinjoin framework that developers call WabiSabi.
“One of the biggest challenges was to develop the software not only for Cypherpunks and people who are very knowledgeable about Bitcoin,” said CTO David Molnar.
“It was difficult to get the developers and contributors to see the big picture that we can only win the privacy war if we extend our vision to all future Bitcoin users, not just privacy advocates and cypherpunks.”
Wasabi Wallet 2.0 does not have a defined start date; However, the company has committed to and released three milestones: