Wasabi’s marquee feature is its implementation of the trustless CoinJoin process. CoinJoin helps Wasabi make individual Bitcoin transactions more secure by combining multiple coins from multiple people into a single transaction.
By jumbling up the inputs and outputs, CoinJoins can obscure identifying information, which makes Wasabi a popular choice for the privacy-conscious.
To further obfuscate transactions, the wallet routes them through the anonymizing Tor network, which helps conceal the users’ IP address.
Although Wasabi is a hot wallet, we wouldn’t hesitate to recommend it to anyone who cares about the privacy of their Bitcoin transactions. The developers have also done a nice job of keeping most of its complexities from ruining the user experience.
However, Wasabi isn’t as intuitive as other crypto wallets and you’ll need to spend some time reading through its documentation before you’re fully up to speed.
Wasabi Is Reported As “Scam”
Before using the wasabi service, you must keep in mind that a lot of users rated the wallet as scam and very dangerous so please be careful.
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