Wasabi is an open-source and privacy-focused wallet for Bitcoin, available for Windows, Linus and macOS.
What Is Wasabi Wallet?
Wasabi is a privacy-based open-source wallet available for Windows, Linux, and macOS. It implements a trustless approach for coin shuffling with mathematically provable anonymity: Chaumian CoinJoin. Wasabi is the first full implementation of the CoinJoin protocol which provides confidentiality of transaction inputs and outputs by mixing transactions with other users. By interacting with its four-tab interface, you can send and receive Bitcoins using CoinJoin. You can also track your transactions.
Wasabi wallet lets you hide your all sensitive information with a click of a button. It protects you from shoulder surfing.
One of the main arguments for the mass adoption of cryptocurrency is that it offers the ability to transact in a truly private, yet transparent way. Anything that allows people to be more secure and independent, while also enabling more freedom and autonomy, should be celebrated. Cryptocurrency wallets are an important part of this equation. They allow you to keep your money safe and accessible, but they can also expose you to other threats if they aren’t designed with privacy in mind. That’s where Wasabi wallet takes the lead as it’s believed to be the first wallet with commercial-grade privacy.
The protocol aims to increase the privacy of Bitcoin transactions by allowing multiple parties to contribute inputs and outputs, and obscuring which output belongs to which input. If a user spends coins that were received earlier in the same transaction, the user is revealing a link between her past and present identities. The more often this happens, the easier it becomes to de-anonymize users through data analysis. In order to improve anonymity, users can bundle their transactions into one bigger transaction before broadcasting it to the network (e.g., by waiting for other people’s transactions to arrive).
CoinJoin is a decentralized mechanism for anonymization that does not require trust between participants or the participation of any trusted third party (such as a bank or an exchange).