{"id":117984,"date":"2022-01-05T10:57:00","date_gmt":"2022-01-05T08:57:00","guid":{"rendered":"https:\/\/captainaltcoin.com\/wasabi-wallet\/"},"modified":"2022-12-19T12:50:02","modified_gmt":"2022-12-19T10:50:02","slug":"wasabi-wallet","status":"publish","type":"post","link":"https:\/\/captainaltcoin.com\/de\/wasabi-wallet\/","title":{"rendered":"Wasabi Wallet Review &#8211; Make Bitcoin Transactions Fungible and Private"},"content":{"rendered":"\n<p>Bitcoin has done many things right throughout the years but privacy certainly isn\u2019t among those. It\u2019s a well-known fact that once a Bitcoin address is attached to your real world identity, anyone can simply look said address up on the Bitcoin blockchain and gain insight into your transaction activity. This lack of privacy creates additional problems with <strong><a href=\"https:\/\/captainaltcoin.com\/bitcoin-fungibility\/\" target=\"_blank\">fungibility<\/a><\/strong><a href=\"https:\/\/captainaltcoin.com\/bitcoin-fungibility\/\" target=\"_blank\"> <\/a>of the asset, as certain Bitcoins can be deemed \u201cdirty\u201d or less valuable that others (if they are tied to illegal activity for example). Many third parties have tried solving these issues by offering privacy-enhancing tools. One such party was <strong><a href=\"https:\/\/wasabiwallet.io\/\" target=\"_blank\" rel=\"nofollow\">Wasabi<\/a><\/strong>, who recently came out with a desktop BTC wallet that apparently helps preserve its users\u2019 privacy and anonymity on the cryptocurrency markets.<\/p>\n\n\n\n<p>Wasabi is an open-source, non-custodial, privacy focused Bitcoin wallet that launched its 1.0 version in August of 2018. The wallet stands out by implementing a variation of the <strong><a href=\"https:\/\/en.bitcoin.it\/wiki\/CoinJoin\" target=\"_blank\">CoinJoin <\/a><\/strong>technology called \u201c<strong>Chaumian Coinjoin<\/strong>\u201d, which is in short defined as \u201dtrustless coin shuffling with mathematically provable anonymity\u201d. This variation of the coin mixing technology was created by Wasabi\u2019s founder \u00c1d\u00e1m Fics\u00f3r, who named its latest invention <strong>ZeroLink<\/strong>. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 ez-toc-wrap-right counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">What you&#039;ll learn \ud83d\udc49<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e38107c2f35\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #2d2d2d;color:#2d2d2d\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #2d2d2d;color:#2d2d2d\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e38107c2f35\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/captainaltcoin.com\/de\/wasabi-wallet\/#About_ZeroLink\" >About ZeroLink<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/captainaltcoin.com\/de\/wasabi-wallet\/#Wasabi_Wallet_Review_%E2%80%93_About_the_wallet\" >Wasabi Wallet Review &#8211; About the wallet<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/captainaltcoin.com\/de\/wasabi-wallet\/#The_Future\" >The Future<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_ZeroLink\"><\/span><strong>About ZeroLink<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bitcoin transactions work in the following way: whenever one transaction is made, <a href=\"https:\/\/captainaltcoin.com\/what-is-utxo-model\/\" target=\"_blank\">Bitcoin is sent from an \u201cinput\u201d address to an \u201coutput\u201d address<\/a>. Thanks to the transparency of Bitcoin\u2019s blockchain, these addresses can be observed and transactions can be tracked by anyone. Chaumian CoinJoin bundles transactions together to obfuscate who is sending what to whom. <\/p>\n\n\n\n<p>What this essentially means is that CoinJoin merges several\ntransactions, mixing inputs from several transactions and outputs from related\ntransactions into one big transaction. This \u201cmixes up\u201d the Bitcoins in a single\npool from which every output is paid the amount it is due; everyone gets their\nshare and their Bitcoins remain anonymous and fungible.<\/p>\n\n\n\n<p>The issue here is that the big transaction which mixes the Bitcoins needs to be made by someone. A person, a server, a wallet, some kind of third party will receive all the input transactions and then send them out to proper outputs. This creates a central point of failure where the third party knows the origin and the destination of each mixed Bitcoin, this negating the fungibility and anonymity that was created by <a href=\"https:\/\/captainaltcoin.com\/bestmixer-ios-reliable-bitcoin-blender-elevates-crypto-anonymity-to-a-new-level\/\" target=\"_blank\">mixing the coins<\/a>.<\/p>\n\n\n\n<p>ZeroLink operates on a basis of two types of wallets: a\npre-mix one and a post-mix one. The first one holds the initial funds; the user\nsends these funds to a ZeroLink tumbler, which then distributes the mixed Bitcoins\nfurther to the post-mix wallets.<\/p>\n\n\n\n<p>ZeroLink users provide both the inputs and the outputs (\u201cfrom\u201d\nand \u201cto\u201d addresses) from the pre-mix wallet; the outputs are scrambled by\nmathematics, making the tumbler unaware of final destinations of the coins it\nreceives. This scrambling tactics is also known as <strong>blinding<\/strong>.<\/p>\n\n\n\n<p>The tactic then requires the tumbler to cryptographically\nsign each blinded output, using a type of cryptographic signature called \u201c<a href=\"https:\/\/en.wikipedia.org\/wiki\/Blind_signature\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>blind\nsignature<\/strong><\/a>.\u201d This allows the transaction data to be verified along every\nstep of the way to confirm that the blinded data matches what was originally\nsent.<\/p>\n\n\n\n<p>Privacy seeking users then connect to the ZeroLink tumbler through\nan anonymity network like Tor and provide the tumbler with the unblinded\noutputs. The outputs are then signed with the same cryptographic signature as\nin the step above and compared to the originally blinded outputs to confirm\ntheir legitimacy.<\/p>\n\n\n\n<p>If confirmed as legitimate, the tumbler will add the outputs\nto the big CoinJoin transaction and send it back to the users, who will then\nuse their private keys to validate the transaction. Once they validate that\neverything is correct, the tumbler publishes the transaction so that it can be\npicked up by miners and added to a block. This effectively anonymizes the\nentire stack of Bitcoins, making them \u201cclean\u201d and fungible once again.<\/p>\n\n\n\n<p>This technology was, when originally introduced in 2013,\nconsidered as potentially vulnerable. Bitcoin fees were low back then which\nmeant that the coin mixing service provider could have easily been struck with\na DDoS attack. Today this isn\u2019t the case anymore as transaction fees on the Bitcoin\nnetwork went up significantly; it would cost thousands, if not even more, to\nperform such an attack on a ZeroLink-capable setup. Besides Wasabi, the\ntechnology should find further implementation in wallets like HiddenWallet and\nSamourai Wallet.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Wasabi_Wallet_Review_%E2%80%93_About_the_wallet\"><\/span><strong>Wasabi Wallet Review &#8211; About the wallet<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Wasabi is the first full scale implementation of the ZeroLink technology. The wallet is open source and has cross platform capabilities, but it currently works only on desktop architectures like Linux, OSX, and Windows. The founders and creators of the wallet said that they won\u2019t be looking to break through into the world of hardware wallets, at least not until there\u2019s further work to be done on improving the current client\u2019s privacy&nbsp; features and stability.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"598\" src=\"https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-wallet-1024x598.png\" alt=\"wasabi wallet\" class=\"wp-image-16935\" srcset=\"https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-wallet-1024x598.png 1024w, https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-wallet-300x175.png 300w, https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-wallet-767x448.png 767w, https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-wallet-788x460.png 788w, https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-wallet.png 1126w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Speaking of the team behind Wasabi, the entire project is a\nbrainchild of three individuals:<\/p>\n\n\n\n<p>Gergely Hajdu \u2013 CEO<\/p>\n\n\n\n<p>&nbsp;Lawyer and economist,\ninterested in IT and blockchain technology. Claims to bring \u201cstrong analytical\nskills and complex management point of view\u201d to the project. Believes that\nprivacy is one of the most important human rights. <\/p>\n\n\n\n<p>&nbsp;Balint Harmat \u2013 CEO <\/p>\n\n\n\n<p>Economist and entrepreneur with interest in new technologies\nand solutions for everyday problems. Has a strong attitude of creating\nsomething from zero and make it useful for the public. <\/p>\n\n\n\n<p>&nbsp;Adam Ficsor \u2013 CTO <\/p>\n\n\n\n<p>One of the most active GitHub contributors in the world.\nCo-author of Programming Bitcoin in C# book. Creator of DotNetTor, which is a\nTor library for .NET Core. Made a name for himself as a privacy researcher,\ncreator of ZeroLink, and co-creator of NTumbleBit.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"400\" src=\"https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-team-1024x400.png\" alt=\"wasabi team\" class=\"wp-image-16937\" srcset=\"https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-team-1024x400.png 1024w, https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-team-300x117.png 300w, https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-team-766x299.png 766w, https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-team-788x307.png 788w, https:\/\/captainaltcoin.com\/wp-content\/uploads\/2019\/02\/wasabi-team.png 1145w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>These three have founded a company called zkSNACKs which was\nestablished to research the possibilities of creating solutions that would\nincrease Bitcoin fungibility. The final result of their work seems to be their\nflagship product, which is the Wasabi Wallet.<\/p>\n\n\n\n<p>Features of the Wasabi wallet include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Cross-platform functionality<\/li><li>Integrated Tor anonymity<\/li><li>BIP157\u2013158 architecture which allows it to\nfunction as a fully light wallet<\/li><li>HD wallet that uses BIP84 derivation scheme,\nmeaning that it can only generate bech32, native segregated witness addresses\n(legacy wallets, like the ones that major exchanges have, cannot send funds to\nthe wallet)<\/li><li>12-word address seed system<\/li><li>Multi-wallet support with the ability to easily\nload a desired wallet<\/li><li>Intra-wallet clustering system asking users to\nuse required labels, which helps them make educated decisions when mixing<\/li><li>Decently looking, Avalonia-written GUI that is quite\neasy to master<\/li><li>Pay to Many<\/li><li>Advanced RBF<\/li><li>Lightning Network integration <\/li><li>Sweep Private Key<\/li><li>Paper Wallet Generation <\/li><li>QR Code Reader (currently it only shows it)<\/li><li>Bitcoin URL support<\/li><li>Clipboard Hijacker Malware Defense<\/li><li>In-Wallet Block Explorer Query over Tor<\/li><li>Integrated VPN Service For Oppressed Countries<\/li><li>Basic PGP Client<\/li><li>Simple P2P, Encrypted Messaging<\/li><li>Add Folder EncryptionProtect Data Folders<\/li><li>Active transaction privacy level rating done by\nthe wallet itself<\/li><li>Advanced coin control features<\/li><li>ZeroLink wallet fungibility framework<\/li><li>Constant connection to the <a href=\"https:\/\/captainaltcoin.com\/de\/krypto-p2p-boersen\/\" target=\"_blank\">Bitcoin P2P<\/a> network<\/li><li>Implementation of a trustless Bitcoin mixing\ntechnique, called Chaumian CoinJoin, which enforces a constant 100 anonymity\nset<\/li><li>0.3% mixing fees<\/li><li>Round-based mixing with mix coordinator being\nunable to steal the funds or de-anonymize users<\/li><li>Rounds that take up to 5 minutes to complete<\/li><li>A minimum amount of 0.1 BTC required for the\ntransaction to be able to take part in the mixing process<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Future\"><\/span><strong>The Future<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While the wallet\u2019s feature list is impressive, Wasabi is\nstill very much in active development. ZeroLink protocol isn\u2019t yet completely commercially\nready and vulnerabilities tend to pop up from time to time. The <a href=\"https:\/\/www.reddit.com\/r\/WasabiWallet\/\" target=\"_blank\" rel=\"nofollow\">project\u2019s Reddit<\/a> is currently\nlittered with user postings complaining about wallet malfunctions or even fund\nmisplacements (which seem to be caused by user error for the most part). If you\nare looking for technical support regarding potential issues with your Wasabi\nwallet setup and anonymity sets, the link above is a good place to start. You\ncan also check out these&nbsp;<a href=\"https:\/\/www.youtube.com\/watch?v=93XLf-mNP8Y&amp;feature=youtu.be\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">video tutorials<\/a>&nbsp;on anonymizing your Bitcoins with the\naid of this open source wallet.<\/p>\n\n\n\n<p>Additionally, one of the wallet\u2019s main goals right now is to\nexpand its user base. The CoinJoin technology is such that it gives better anonymity\nwhen more people contribute their funds to the mixing. Another issue that stems\nfrom a small user count is frequent remixing of already-mixed coins. <\/p>\n\n\n\n<p>The latest update from nopara73 (Adam Ficsor\u2019s Medium name)\nsuggests that the team is considering hard forking the current wallet protocols\nto implement a feature called Unequal Input Mixing. Implementing this\ntechnology should make Wasabi capable of processing larger amounts of Bitcoin much\nfaster and cheaper, something that is currently a major issue for the wallet. <\/p>\n\n\n\n<p>Wallet localization and finding a way to transact with\nnon-bech32 addresses seem to be among priorities as well. Smartphone and web iterations\nof Wasabi might be in the works in the future, but current technology is simply\ntoo limiting for this to happen. Finally, the team is looking to simplify the\ncoin sending process and introduce improvements to how coin control and privacy\nfeedback work.<\/p>\n\n\n\n<p>Overall, the wallet offers an interesting and ever-expanding set of features. While there\u2019s much work to be done on its stability, UI, performance and overall polish, Wasabi\u2019s ability to already increase user privacy and fungibility might sway more than one new user to install it.<\/p>\n\n\n\n<p>We generally advice anyone who has worthwhile amount of crypto to store it on one of the&nbsp;<a href=\"https:\/\/captainaltcoin.com\/de\/hardware-wallets\/\" target=\"_blank\">hardware wallets<\/a>&nbsp;(here is a table of the best ones):<\/p>\n\n\n\n<figure class=\"wp-block-table table1\"><table><tbody><tr><td><strong>Wallet<\/strong><\/td><td><strong>Screen<\/strong><\/td><td><strong>Bluetooth<\/strong><\/td><td><strong>Supported Coins<\/strong><\/td><td><strong>Price<\/strong><\/td><td><strong>Buy<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/captainaltcoin.com\/ledger-nano-x-review\/\" data-type=\"post\" data-id=\"16463\" target=\"_blank\">Ledger Nano X<\/a><\/td><td>Yes<\/td><td>Yes<\/td><td>1527<\/td><td>$149<\/td><td><a class=\"thirstylink\" rel=\"nofollow\" target=\"_blank\" title=\"Ledger Nano\" href=\"https:\/\/captainaltcoin.com\/go\/ledger-nano\/\" data-shortcode=\"true\">BUY<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/captainaltcoin.com\/ledger-nano-s-plus-review\/\" data-type=\"post\" data-id=\"138355\" target=\"_blank\">Ledger Nano S Plus<\/a><\/td><td>Yes<\/td><td>No<\/td><td>1500+<\/td><td>$79<\/td><td><a class=\"thirstylink\" rel=\"nofollow\" target=\"_blank\" title=\"Ledger Nano\" href=\"https:\/\/captainaltcoin.com\/go\/ledger-nano\/\" data-shortcode=\"true\">BUY<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/captainaltcoin.com\/ellipal-titan-review\/\" data-type=\"post\" data-id=\"32086\" target=\"_blank\">Ellipal Titan<\/a><\/td><td>Yes<\/td><td>No<\/td><td>1500+<\/td><td>$139<\/td><td><a class=\"thirstylink\" rel=\"nofollow\" target=\"_blank\" title=\"Ellipal\" href=\"https:\/\/captainaltcoin.com\/go\/ellipal\/\" data-shortcode=\"true\">BUY<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/captainaltcoin.com\/ledger-nano-s-review\/\" data-type=\"post\" data-id=\"948\" target=\"_blank\">Ledger Nano S<\/a><\/td><td>Yes<\/td><td>No<\/td><td>1527<\/td><td>$49<\/td><td><a href=\"http:\/\/geni.us\/caledgerwallet\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">BUY<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/captainaltcoin.com\/trezor-t-review\/\" data-type=\"post\" data-id=\"5768\" target=\"_blank\">TREZOR T<\/a><\/td><td>Yes<\/td><td>Yes<\/td><td>1800+<\/td><td>$219<\/td><td><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/captainaltcoin.com\/go\/trezor-5\/\">BUY<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has done many things right throughout the years but privacy certainly isn\u2019t among those. It\u2019s a well-known fact that once a Bitcoin address is attached to your real world identity, anyone can simply look said address up on the Bitcoin blockchain and gain insight into your transaction activity. This lack of privacy creates additional [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":26410,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[141],"tags":[],"offerexpiration":[],"class_list":["post-117984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tagesnachrichten"],"gutentor_comment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wasabi Wallet Review - Make Bitcoin Transactions Fungible and Private - CaptainAltcoin<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/captainaltcoin.com\/de\/wasabi-wallet\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wasabi Wallet Review - Make Bitcoin Transactions Fungible and Private - CaptainAltcoin\" \/>\n<meta property=\"og:description\" content=\"Bitcoin has done many things right throughout the years but privacy certainly isn\u2019t among those. 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