CJ - Bitcoin Specialist
In the world of cryptocurrencies, privacy and security are becoming increasingly important for users. Bitcoin (BTC), the world's largest and most well-known cryptocurrency, has long struggled with privacy issues due to its public ledger. Enter Wasabi Wallet, an open-source, non-custodial, privacy-focused Bitcoin account wallet designed to help mitigate these issues.
The team behind Wasabi Wallet believes that fixing the world's money problems is a top priority, and that Bitcoin is the best option for doing so. However, they also recognize that privacy is a major issue with Bitcoin and have created Wasabi Wallet to help address this problem.
One of the key features of Wasabi Wallet is its user-friendliness. The team behind the wallet understands that having good privacy tools is not enough if they are difficult to use. As a result, Wasabi Wallet is designed to handle users' privacy automatically under the hood, making it easy to use for anyone.
Another key feature of Wasabi Wallet is its comprehensive privacy tools. The wallet uses WabiSabi, an anonymous credential scheme designed to enable more accessible and efficient coinjoins. This allows users to utilize the best privacy tools without requiring a large amount of Bitcoin investment in their wallets.
Despite its robust privacy features, Wasabi Wallet is also affordable. Coinjoining coins with a value above 0.01 BTC costs only 0.3% as a coordinator fee plus mining fees. Inputs of 0.01 BTC or below don't pay coordinator fees, nor do remixes, even after one transaction. This means that payments made with coinjoined funds allow the sender and the recipient to remix their coins without paying any coordinator fees.
Overall, Wasabi Wallet is a powerful tool for anyone looking to increase their privacy and security when using Bitcoin. As privacy tools continue to improve day by day, it's clear that Wasabi Wallet is at the forefront of this movement. With its user-friendly design, comprehensive privacy tools, and affordable fees, Wasabi Wallet is an excellent choice for anyone looking to take their Bitcoin trading privacy to the next level.
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