{"id":67059,"date":"2022-09-07T09:02:20","date_gmt":"2022-09-07T09:02:20","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=67059"},"modified":"2022-09-07T09:02:20","modified_gmt":"2022-09-07T09:02:20","slug":"trezor-and-wasabi-to-implement-a-coinjoin-mixing-scheme-into-hardware-wallets","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=67059","title":{"rendered":"Trezor and Wasabi to Implement a Coinjoin Mixing Scheme Into Hardware Wallets"},"content":{"rendered":"<p><img decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/09\/tmic-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/tmic-300x169.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/tmic-1024x576.jpg 1024w, https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/09\/tmic-768x432.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/tmic-190x107.jpg 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/tmic-380x214.jpg 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/tmic-760x428.jpg 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/tmic.jpg 1280w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\"><\/p>\n<p><strong>This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted \u201chardware wallet Coinjoins are coming next year with our friends at [Trezor].\u201d<\/strong>\n<\/p>\n<h2>Trezor Says Company Is \u2018Working on a Coinjoin Implementation\u2019<\/h2>\n<p>\n<br \/>\nAccording to <a href=\"https:\/\/trezor.io\/\">Trezor<\/a> and <a href=\"https:\/\/wasabiwallet.io\/\">Wasabi<\/a>, a form of Coinjoin mixing is coming to hardware wallets in the near future. Coinjoin is a privacy-enhancing process that is leveraged to anonymize transfers on a blockchain. Basically, the scheme involves a number of parties transacting together and mixing their unspent transaction outputs (UTXOs) in a pool to obfuscate the origin of all the funds.<\/p>\n<p>On Sunday, Wasabi\u2019s official Twitter account <a href=\"https:\/\/twitter.com\/wasabiwallet\/status\/1566412754638049281?s=20&amp;t=wGwRBL3_22AibE3pVDE5OA\">tweeted<\/a> about adding the privacy-enhancing scheme to hardware wallets. In the thread, someone <a href=\"https:\/\/twitter.com\/McMoney_PeMus\/status\/1566473402868994049?s=20&amp;t=wGwRBL3_22AibE3pVDE5OA\">asked<\/a> Wasabi when they would release an \u201calbum,\u201d and Trezor <a href=\"https:\/\/twitter.com\/Trezor\/status\/1566708740597972997?s=20&amp;t=wGwRBL3_22AibE3pVDE5OA\">replied<\/a>: \u201cHi, we\u2019re working on a Coinjoin implementation, not an album. Thanks for understanding.\u201d<\/p>\n<p>The news follows the U.S. government <a href=\"https:\/\/news.bitcoin.com\/us-government-bans-ethereum-mixer-tornado-cash-platform-added-to-ofacs-sdn-list\/\">sanctioning<\/a> the ethereum (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a>) mixing application <a href=\"https:\/\/news.bitcoin.com\/coin-center-says-ofacs-tornado-cash-ban-exceeds-statutory-authority-plans-to-engage-with-us-watchdog\/\">Tornado Cash<\/a>, which also leverages a form of Coinjoin and Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKs) for deposits and withdrawals. In March 2022, <a href=\"https:\/\/news.bitcoin.com\/wasabi-wallet-to-begin-censoring-coinjoin-transactions\/\">reports<\/a> indicated that some bitcoin unspent transaction outputs (UTXOs) would be censored from Wasabi\u2019s Coinjoin process.<\/p>\n<p>Furthermore, at the end of February 2022, Chainalysis <a href=\"https:\/\/news.bitcoin.com\/de-mixing-wasabi-coinjoin-transactions-a-deep-dive-into-chainalysis-deanonymizing-claims\/\">claimed<\/a> it could deanonymize Wasabi transactions, after the journalist Laura Shin <a href=\"https:\/\/news.bitcoin.com\/journalist-claims-she-identified-the-2016-dao-hacker-evidence-shows-investigators-de-mixed-wasabi-transactions\/\">said<\/a> she identified the infamous 2016 DAO hacker. Coinjoin applications have been <a href=\"http:\/\/gavinandresen.ninja\/private-thoughts\">known to have some weaknesses<\/a> for <a href=\"https:\/\/www.coinjoinsudoku.com\/\">quite some time<\/a> and a few blockchain mixing schemes have leveraged zero-knowledge proofs like zk-SNARKs and <a href=\"https:\/\/bitcoinmagazine.com\/culture\/do-coinjoins-really-require-equal-transaction-amounts-for-privacy-part-one-cashfusion\">combinatorial anonymity<\/a> to make them <a href=\"https:\/\/bubblerboy.medium.com\/is-cashfusion-really-anonymous-352164a071c2\">stronger<\/a>.<\/p>\n<p><em><strong>What do you think about Wasabi and Trezor working together to introduce Coinjoin mixing to hardware wallets? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted \u201chardware wallet Coinjoins are coming next year with our friends at [Trezor].\u201d Trezor Says Company Is \u2018Working on a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":67060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-67059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/67059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67059"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/67059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/67060"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}