so98nn
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June 29, 2022, 07:01:54 AM |
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REVIEW - WASABI WALLET Review is done on the MacOS + M1 device. The software is easy to download from the official site. In my case I downloaded it from the bitcointalk link provided as shown in the below snap. However, just to gain more trust this should be widely available on the App Store / Play Store. Right after I clicked open the package it warned me about "unknown source" which is common if we download it from the place other than App Store for security reasons. Takes about less than 5-10 minutes to set up the whole wallet. I am not technical guy so consider this review from normal person using random wallet for the first time. In the below image, I have opened up the downloaded package (obvious .dmg format) and unpacked in default Applications folder. The size is pretty small ~200 MB's after unpacking the content so you don't have to have huge space for this wallet. In my case there was another version was available, which should have been flashed on the installation screen. So I could have just ignored the message or should have gotten the option to download newer version. Once the installation is completed, the very first screen I encountered is "Generate Wallet". The process to follow this have been kept very simple so that's one positive point about it. You straight up Label the wallet and in my case it's so98nn as you can see. This would be the screen where they will also ask for the password and on the next screen you will be given 12 magical words to back up the wallet. Once you agree that you have written the pass phrases then it will give access to wallet. Disadvantage: There should be one more step before wallet can be accessed. They should ask for the written words, for the confirmation purpose. Though it is responsibility of the user, then also this step can help improve the wallets attractive features. In my case Terms of Services window came after I installed, opened and generated the wallet. I am not sure if this is intentional lag or it was slow loading of the same but it should have been way before I start using the WASABI WALLET services. Also, they are very old, like from 2020's,! The wallet is very easy to surf through and all the options are in front of my eyes. For example, one can clearly see two major features on the left we have WALLET MANAGER while on the right side we have WALLET EXPLORER. Advantage: Well segregated options to work with the wallet. Like it was easy to grasp that under wallet manager I can generate new wallets, recover the wallet with back up keys, load or test password and also connect to the Hardware wallet. They are general features, however I liked "Test Password" feature. You can try out multiple chances to check if you have your correct password with you. Sometime you get tricked while accessing the wallet. For example if you are in the Test mode and try to put the password then it does not open the wallet and you keep thinking what's wrong with this. However, this is about habit, since it was my first time I might have been confused in which tab I am , Load or Test. But the feature is really good. If you look at the bottom of Wallet then there are various vital background processes happening, like connected peers, filters, current version and most important whether we are connected with the Tor or not. Though these are too technical things, its amazing to see that we dont even need to have understanding of TOR for example. As per FAQ I dont even need to have the tor on my device and thus all the traffic is defaulted through tor network anyways. This is good one. Next up, is accessing your actual wallet with the WALLET EXPLORER option on the right. Here wallet provides option to label the address too. Sending and receiving is very easy to access and the address generated is by default bch32. Easy to copy paste options available for this address. However they lack the capability of producing QR code for this address. Like you you should be able to create the QR code and save it as image file for sharing. Thats make it easy to share and not to send wrong address. Sending is easy process though. Easy to use panel for adjusting the fees, and instant preview is available for the time required to complete the stated transaction. Though I am still not able to figure out why there is option to select all coins if you are actually sending the bitcoin. The idea is unclear here, since I would be sending to bitcoin address only. This should have (?) help button besides it to understand user what does it mean. Though I am not kinda user who will go into CoinJoin for added security but this is additional feature by WASABI and might be unique one so far. The wait time is pretty average for this feature as I have to wait for 100 peers to get connected and then sending process would begin. Advantageous feature over other wallets that I have been using until now. This is most interesting feature now, you get access to your sensitive data in separate window. I am happy with this Tab because there are other wallets which takes up whole lot of searching to find my keys. WASABI has made it clearly visible under the ADVANCE feature tab. Simply click on it and use your password to get the info. Clearly mentions the derivation path. With my experience I know this is helpful if you lost the pvt keys then derivation path + pass phrase can help us retrieve the pvt keys using ION colman tools. Good one.
My rating would be around 4+ out of 5.
UI is just splendid and attractive to use. You can get used to it very quickly. The blend of color, tabs, descriptions of tab have been placed at right place and are eye catchy.
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examplens
Legendary
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Activity: 3458
Merit: 3491
Crypto Swap Exchange
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June 29, 2022, 07:50:06 AM |
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REVIEW - WASABI WALLET Review is done on the MacOS + M1 device. The software is easy to download from the official site. In my case I downloaded it from the bitcointalk link provided as shown in the below snap. I would say you didn't follow the discussion just a couple of posts earlier in this thread. there is a new version (2.0.1.) of the wallet, and it is desirable that it be used for further testing Also, dkbit98 explained why https://bitcointalk.org/index.php?topic=5402090.msg60464906#msg60464906even if there wasn’t that conversation about the importance of the wallet version, while you were taking the screenshots, you might have noticed a message that there is a newer version than yours available. it is to be expected that the owner wants to test the current condition, not something from the past.
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Chikito
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Activity: 2562
Merit: 2076
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June 29, 2022, 08:01:05 AM |
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Notes: I tried the wallet several times to make sure of a few things and got the following results: 1- I restored an old wallet that I created using the Electrium wallet via the seed phrase, but the wallet did not recognize the keywords and it gave me an error message even though the words are correct because I copied it from the Electrium wallet and pasted it here, then I checked it again but it gave me an error message that “Recovery words are not valid" as you can see in the picture:
You should to know that the Electrum wallet seed is different with the wasabi wallet seed (BIP39 Seed), because of that you got an error. (even that json file also)
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so98nn
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June 29, 2022, 08:58:04 AM |
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REVIEW - WASABI WALLET Review is done on the MacOS + M1 device. The software is easy to download from the official site. In my case I downloaded it from the bitcointalk link provided as shown in the below snap. I would say you didn't follow the discussion just a couple of posts earlier in this thread. there is a new version (2.0.1.) of the wallet, and it is desirable that it be used for further testing Also, dkbit98 explained why https://bitcointalk.org/index.php?topic=5402090.msg60464906#msg60464906even if there wasn’t that conversation about the importance of the wallet version, while you were taking the screenshots, you might have noticed a message that there is a newer version than yours available. it is to be expected that the owner wants to test the current condition, not something from the past. [...] Yup I know very well that there is new version. Thats why I mentioned in my review, there should be notification right before I install any package. If would have never tried for the older version then how would I understood if this feature was included in it or not? I can clearly see the current version notification being shown in the footer, but if I had installed updated version how would I known if wallet shows anything like that in the footer? @OP, let me know if you need further review, considering @examplens statement. But by far I know, I have spent good time reviewing the wallet.
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examplens
Legendary
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Activity: 3458
Merit: 3491
Crypto Swap Exchange
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June 29, 2022, 09:09:30 AM |
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Yup I know very well that there is new version.
Thats why I mentioned in my review, there should be notification right before I install any package.
why would anyone deal with the old version if a new one already exists? it is logical that this is an improved version and that some bugs have been fixed. the old goes down in history. As I say, dkbit98 explained why is important to use the latest WasabiWallet version. I'm not rushing you guys, but I expect to see your review within three weeks. Payments will be sent to everyone at the same time after the last review is published (maybe I will remind once or twice to those who will drag the rubber).
I plan to do my review this week, BUT I would like to say that everyone should download latest version 2.0.1 of Wasabi wallet before starting any testing. They fixed a bug related with recent Tor ddos attacks, and Wasabi would be almost unusable without Antifragility pack that was released yesterday. Don't use any Wasabi version older than 2.0.1https://github.com/zkSNACKs/WalletWasabi/releases
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so98nn
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June 29, 2022, 09:10:57 AM |
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Yup I know very well that there is new version.
Thats why I mentioned in my review, there should be notification right before I install any package.
why would anyone deal with the old version if a new one already exists? it is logical that this is an improved version and that some bugs have been fixed. the old goes down in history. As I say, dkbit98 explained why is important to use the latest WasabiWallet version. I'm not rushing you guys, but I expect to see your review within three weeks. Payments will be sent to everyone at the same time after the last review is published (maybe I will remind once or twice to those who will drag the rubber).
I plan to do my review this week, BUT I would like to say that everyone should download latest version 2.0.1 of Wasabi wallet before starting any testing. They fixed a bug related with recent Tor ddos attacks, and Wasabi would be almost unusable without Antifragility pack that was released yesterday. Don't use any Wasabi version older than 2.0.1https://github.com/zkSNACKs/WalletWasabi/releasesOk mate thanks for clarification. Will review that one too.
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LoyceV
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Activity: 3486
Merit: 17644
Thick-Skinned Gang Leader and Golden Feather 2021
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June 29, 2022, 11:09:28 AM |
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LoyceV's Wasabi Wallet ReviewClean systemI barely install software on my normal system, so the first thing I did was wipe my spare laptop with a clean Lubuntu 20.04 distribution, and enabled a VPN. Better safe than sorry! InstallationI tried to install Wasabi-2.0.1.deb binary: Cannot install from unsighed repo I switched to Wasabi-2.0.1.tar.gz, which worked instantly without installation. Executable "wassabee" has an unexpected name though. First startAfter starting, literally the first thing Wasabi Wallet shows is: "Wasabi is bringing fungibility.". I read the exact opposite recently: Wasabi wallet is blacklisting "tainted" coins. That's a direct attack on fungibility. Please don't promote the idea of "taint": I've seen several posts lately from people willing to treat Bitcoin as non-fungible because they believe some coins are "tainted". I'd say this is a severe threat to Bitcoin, and I wouldn't be surprised if governments use this because they can't stop Bitcoin in any other way. If people believe Bitcoin is "tainted", they won't accept it anymore. "We" should really inform people not to fall for this. Nobody would reject a dollar bill because it has previously been used in a crime, despite the fact that 85 to 90% contains traces of cocaine. Claiming Bitcoin isn't fungible is just plain stupid. I'm glad I got that off my chest. Now, back to the wallet Settings and unitsFirst: there are 2 different "Settings": one "global", and one for each wallet. Being frugal, I choose Minimize Costs as Coinjoin Strategy. Since I don't like surprises, I choose Customize, and disabled "Automatically start coinjoin". To speed up testing, I lowered the Anonymity score target to 2, and set the Coinjoin time preference in Hours. Ever since I joined Bitcoin, mBTC has been my preferred unit. It balances counting zeros on both sides. Wasabi lets me choose between BTC and sats. Please add mBTC! I choose sats for now. I lowered the Dust Threshold to 0.00000000 BTC (I don't want small funds to be hidden). Even though I just selected sats as display unit, this wasn't applied here. When I leave settings and go to the Wallet, it's still in BTC instead of sats. It looks like this setting is completely ignored, even after restarting the wallet. Copying addressesWasabi Wallet doesn't allow me to select an address. There's a "Copy" button, but that clipboard is different than the Linux default of copying by selecting, and pasting by pressing my middle mouse button. Now I can't paste the address into an xterm without first pasting and selecting it elsewhere. Using my middle mouse button to paste an address into Wasabi doesn't work either. The mouse-select-to-copy is standard behaviour on Linux, which makes me think Wasabi intentionally disabled this. I don't like it. In Bitcoin Core, double click means select which means I can paste it anywhere by clicking my middle mouse button. That's the fastest way to copy an address. AddressesAfter receiving funds, I can no longer see the address the funds are on. "Details" shows the txid, and I've never seen a Bitcoin wallet that doesn't let me see my own address. Did I overlook something? When sending funds, there's no "Max" button. All in all I miss basic features in this wallet that I'm so used to in Electrum. The lack of showing addresses also makes coin control impossible. I like being in charge, including manually choosing inputs for optimal fees and privacy. After funding the wallet, it shows "Coinjoin is stopped, Press Play to start". My assumption was that Coinjoin happens when I send funds, but it looks like Coinjoin happens when funds are received. Clicking Play shows "Coinjoining might be uneconomical, Receive more funds or press play to bypass". Unfortunately, there's no "info" to click for further details. CPU-loadWasabi Wallet is surprisingly hungry for CPU cycles, most of the time it takes 35 to 65% of one core. When using Electrum, I don't even notice the CPU consumption, and even Bitcoin Core is less demanding (after the initial block download). When I minimize Wasabi Wallet, this ends. On my normal system, I wouldn't like to spend this much computing power on a wallet. FrozenI wiped my .walletwasabi directory again, and restarted to switch to testnet. I quickly made 2 deposits, which showed up, and stayed on the screen for more than 15 minutes. The wallet was frozen, but still consuming 200% CPU and it's directory was growing. So it's doing something, but I don't like waiting (after all, it's an SPV wallet). After consuming 34 CPU-minutes, the .walletwasabi directory got smaller again (370 MB), and I killed the wallet to restart it. It worked after this. After restarting the wallet, I made 3 separate deposits to 3 different addresses. By the time they had 3 confirmations, they still didn't show up on Wasabi Wallet. After (again) restarting the wallet, my (testnet) deposits finally showed up. QR-codesThe QR-codes are very hard to scan. I tried 2 different phones. Most QR-codes took a few seconds, but some didn't scan at all. I haven't had this problem with any other wallets. To concludeI know it's designed to be like this, but I don't like a wallet that "does things" in the background. I like being in control, and I like knowing what's going on. If I'm not signing a transaction, I want the wallet to remain locked and private keys encrypted. Wasabi Wallet gives me the feeling it's "doing things" even when it's only receiving a transaction. Add the "taint", CPU-consumption, deposits not showing up, not adjustable units and necessary restarts, and this is not going to be my favourite wallet. That's okay though: I've tested many wallets, and only a few stick. I love the freedom to choose
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icopress (OP)
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Activity: 1820
Merit: 9193
light_warrior ... 🕯️
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June 29, 2022, 12:45:48 PM |
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@icopress it seems that the links in the first post really lead to the old version (1.1.13) of the wallet. it should probably be corrected to avoid confusion
Forgive me for my carelessness. OP updated. p.s. Guys, Please keep in mind that I'm interested in reviewing the latest version of Wasabi (2.0).
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mocacinno
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Activity: 3570
Merit: 5190
https://merel.mobi => buy facemasks with BTC/LTC
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July 01, 2022, 05:59:45 AM Last edit: July 05, 2022, 06:17:22 AM by mocacinno Merited by Husires (4), n0nce (4), Welsh (3), icopress (3) |
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I decided to not get influenced by other reviews, so i decided to focus on the initial post only, and not read other reviews before starting mine. Some background info: i'm used to running the previous wasabi version (i had Wasabi-1.1.13 installed before reviewing). I'm reviewing this from an ubuntu vps. I'll write this review from a user's perspective, notting down my notes whilst i go along the proces of downloading, creating a wallet, funding said wallet, coinjoining and spending my funds. The downloading was quite painless, the links provided were correct, i did had to look for zkSNACKs pubkey for a couple of minutes tough => https://raw.githubusercontent.com/zkSNACKs/WalletWasabi/master/PGP.txt <= And, the complete "workflow" on debian/ubuntu would be: wget https://github.com/zkSNACKs/WalletWasabi/releases/download/v2.0.1.0/Wasabi-2.0.1.deb wget https://github.com/zkSNACKs/WalletWasabi/releases/download/v2.0.1.0/Wasabi-2.0.1.deb.asc wget https://raw.githubusercontent.com/zkSNACKs/WalletWasabi/master/PGP.txt gpg --import PGP.txt gpg --verify Wasabi-2.0.1.deb.asc Wasabi-2.0.1.deb
if you're greeted with the following text, everything was ok: Now, the actual installation, you can omit "sudo" if you're doing this as root: sudo dpkg -i Wasabi-2.0.1.deb
and then, you can start Wasabi by executing "wassabee" from a terminal. When starting Wasabi, 2 things pop to mind: - Wow, the gui looks much sleeker than v1
- Can't i skip this intro?
Since i decided to create a new user in order to test out Wasabi, my "old" wallets aren't found, and i'm greeted with a prompt to create a new one: This is nice, it points new users directly in the correct destination without forcing them to start "digging". The "new wallet" wizard is uneventfull... Which is good for a wallet, we're not gunning for "suprises" when creating a wallet that will be funded! Not being able to copy/paste the recovery words is something worthy of a discussion... On the one side, not being able to copy/paste might increase the odds of me writing down the seed on a piece of paper instead of digitally... But it also increases the odds of me not saving them at all, or on an insecure location. As a veteran of bitcointalk, i'd say the step where you confirm your recovery seed should probably not have a "skip" button, and maybe it would be a good idear to ask all 12 words... You wouldn't believe how many times people want to recover their wallet, but failed to write down their seed! In the next wizard, the one where you chose your coinjoin strategy, there are a couple things i don't like: - I don't like the word "automatic". At this point, i haven't tested the actual Wasabi wallet yet, but this word gives me the feeling i'll lose controll... It gives me the feeling Wasabi will just start coinjoins without my consent...
- I don't see enough technical background.... Maybe a link to a page explaining, in detail, what these 3 choices mean exactly... On a technical level: what are the parameters of the "cheapest parts of the week", how does the algo for "maximize speed" work,...
The "agree to terms and conditions" screen is new... It's triggered at a bit of an odd point in time tough, when i first open a new wallet... Maybe it should have been triggered when i first started Wasabi instead? Before the welcome wizard i mean... The interface looks clean, and it's easy to find what i need to find... Firstly, i'm going to fund my wallet by clicking on the "receive" button. A 2 step wizard where i fist have to add a label is ok... Can i skip the labeling proces if i want to? When transferring some tBTC from my mobile wallet (yeah, i have a tBTC wallet on my cellphone... I don't keep actual funds on it tough) i noticed my qr code scanner scanned the qr code in all uppercase characters... Strange, maybe something wrong on my end, but defenately not a problem. after funding, whe wallet gui looked sleek... I did quite like the old gui as i felt it gave me a "boring" list of unspent outputs with a label wether these unspent outputs where pre or post coinjoin. I like boring lists and clear labels... But i guess this layout will grow on me aswell... I'd still like to be able to see the unspent output being labeled as "pre coinjoin" tough... [hindsight: there were labels attached to my transactions, it's just that in v1, they were coloured and in v2 they're just plain grey, so they weren't obvious to me] The auto start coinjoin by default still bugged me... I like to be in controll... By hovering over the coinjoin menu, it became clear to me there had to be a setting where i could turn this feature off, but i really don't like features like this being turned on by default... I get why the author is doing this, but i like to be in total control when it comes to my funds... Whilst waiting for my transaction to get confirmed, i started looking at the settings, trying to turn off auto coinjoin... To my supprise, i could not find it in the settings menus (where i expected them) . Turns out i have to open the wallet settings instead, but this wasn't clear to me from the start! Since i'm doing my review on the testnet, i tough i would try the "default" settings and let Wasabi do what it would normally do (auto coinjoin). Let's see what happens next It seems, because i'm on the testnet, i'll have to wait a while untill other participants join... I'll put this review on pause and wait it out... I'll continue once other participants have joined the coinjoin! Okay, the first coinjoin is now done... My privacy progress is now 1%, and it looks like i'm queued for another coinjoin round... At this moment, the coinjoin sessions were already running for a couple of hours... i tried using my seedwords to restore the wallet into electrum to have a look at my unspent outputs, but i must have messed up since the checksum isn't valid. So, because i messed up my seedwords, i decided to create a brand new wallet and try again... I tried to move my funds from the old wallet to the new one, and to my supprise i couldn't find a "send all" button... Maybe something that should be implemented? Next item on the list: i now have 3 (testnet) wallets, 2 of whom i no longer have the seed for... They are empty, but cannot be restored (no seed), as a unix guy, i know i can probably just look for a hidden folder in my home, find those 2 "bad" wallets, delete them and maybe also delete them from the config file... But as a newbie, i would be unable to remove those 2 wallets since i cannot find a "delete wallet" button... I know, i know, satoshi told us to never delete a wallet, but i want to unclutter and remove the wallets i cannot restore in an easy way. Next item on the list: when moving my funds from the wallet i had lost access to (the one with 3% privacy) to the wallet i had just created i saw the following: to move ~0.29 tTBTC i used a whopping 46 unspent outputs. The coinjoin functionality had split up my 0.3 tbtc is 46 unspent outputs and it was only 3% ready... I saw a lot of unspent outputs in the 6000 to 8000 sat range... I hope this isn't the same on the main net? I would be pissed if i funded Wasabi with 1 BTC and it automatically split my funds up in 10.000 unspent outputs Update: I've come to the conclusion that one of the two following statements is true: - Coinjoining does not behave the same way on the main net as it does on the testnet, which is a bug since we NEED to be able to test features on the testnet and the behaviour should be the same on both main and testnet in order for our tests to be conclusive
- Coinjoining IS behaving the same on the main and the testnet and it is bugged
Why do i come to this conclusion? Well, my test setup is as follows: yesterdaymorning @7:59 i funded a plain vanilla Wasabi wallet with 0.1005 tBTC. I did NOT change ANY setttings, and chose for the "maximize speed" mixing strategy. I've been looking at the progress during the last 24 hours (not constantly offcourse, i did other things, like sleeping) and i've seen Wasabi using my tBTC for coinjoining again, and again, and again, and again,... During those 24 hours, i've seen the "privacy progress" going from 0% all the way up to allmost 70%, just to drop down again to 7%, to climb up again to >20%,... you get the idear. After 24 hours, we're now back @11%.
For some strange reason, somebody deposited 0.0001 tBTC to my address after the coinjoining had been running for 15 hours straight. I have no idear where these funds came from, they just appeared...
Anyways... During those 24 hours, the coinjoin process has taken (1-(0.1005/0.09530677))*100 =~ 5,5% in (transaction)fees. What if i had deposited 10 BTC with a market value of ~200.000 USD, at this point 10.000 USD would have gone up in smoke (probably a lot more, since on the main net the tx fees will be higher).
What i'm left with after 24 hours are 92!!!! unspent outputs (i had to import the seed into electrum in order to count, i have no idear where Wasabi v2 shows a list of unspent outputs)
In 24 hours, my funds "hopped" between 1641 change addresses (not including 3 deposit addresses)
The first funded change address is derived @m/1/966, all the previous ones are empty. Then, the density of funded change addresses increases towards m/1/1641
In electrum, i can see more than 300 transactions have been made...
So, in conclusion, i sent 0.1005 tBTC, lost > 5% in fees and ended up with allmost 100 (sometimes near dust) unspent outputs after waiting for 24 hours. And Wasabi is telling me it's only 11% done with making my funds private... If that is the intended process, i'm not happy with it...
anyways, my conclusions are as follows: - pro: very privacy-centric
- pro: easy to find the binary, signature checks out, easy to install, easy to execute the binary
- pro: sleek gui
- pro: newbie oriented, easy to use as a wallet, as long as you're not interested in the nitty gritty details or want to change custom settings
- pro: because it's newbie friendly, i'm pretty sure it'll do wonders for the privacy of the non-technical user
- feature request: imho you really need to verify ALL 12 seedswords and remove the "skip" link in the seed verify page
- feature request: i really like to see a list of all unspent outputs, and a clear coloured indication wether they're pre or post coinjoin
- feature request: provide an easy way of deleting a wallet (giving ample warning messages)
- feature request: provide a send-all functionality
- con: either coinjoin is bugged or there is a discrepancy between test and main net (which is also a bug imho)
- con: imho, the auto-coinjoin should be turned OFF instead of ON by default
- con: i want more control over the coinjoin functionality, or at least more information: what will be the value of my unspent outputs, how many unspent outputs will be generated?
- con: maybe it's because i'm on the testnet, but it seems like the unspent outputs created by the coinjoin process are really small... Maybe it's because i'm looking in the wrong place, or maybe it's because i'm on the testnet...
- con: maybe it's because i funded my wallet with 0.3 tBTC, but the auto coinjoin is taking hours to complete the complete coinjoin iteration... And i literally mean hours... Maybe it's because i'm on the testnet and there are only a limited number of participants, or maybe it's because the value of the unspent outputs on the testnet are really small... IDK
On a personal note: i like the layout, but you shouldn't fix what isn't broken: the manual coinjoin in Wasabi V1 put the control in my hands. It worked fine. The pictograms next to the unspent outputs (and the list of unspent outputs to chose from) was working perfectly for me... I do get that if the kinks have been worked out of this version, it's very newbie friendly and it's great for privacy in general. I just don't like the lack of control...
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so98nn
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July 03, 2022, 07:08:05 AM |
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REVIEW - WASABI WALLET Review is done on the MacOS + M1 device. The software is easy to download from the official site. In my case I downloaded it from the bitcointalk link provided as shown in the below snap. However, just to gain more trust this should be widely available on the App Store / Play Store. Right after I clicked open the package it warned me about "unknown source" which is common if we download it from the place other than App Store for security reasons. Takes about less than 5-10 minutes to set up the whole wallet. I am not technical guy so consider this review from normal person using random wallet for the first time. In the below image, I have opened up the downloaded package (obvious .dmg format) and unpacked in default Applications folder. The size is pretty small ~200 MB's after unpacking the content so you don't have to have huge space for this wallet. In my case there was another version was available, which should have been flashed on the installation screen. So I could have just ignored the message or should have gotten the option to download newer version. Once the installation is completed, the very first screen I encountered is "Generate Wallet". The process to follow this have been kept very simple so that's one positive point about it. You straight up Label the wallet and in my case it's so98nn as you can see. This would be the screen where they will also ask for the password and on the next screen you will be given 12 magical words to back up the wallet. Once you agree that you have written the pass phrases then it will give access to wallet. Disadvantage: There should be one more step before wallet can be accessed. They should ask for the written words, for the confirmation purpose. Though it is responsibility of the user, then also this step can help improve the wallets attractive features. In my case Terms of Services window came after I installed, opened and generated the wallet. I am not sure if this is intentional lag or it was slow loading of the same but it should have been way before I start using the WASABI WALLET services. Also, they are very old, like from 2020's,! The wallet is very easy to surf through and all the options are in front of my eyes. For example, one can clearly see two major features on the left we have WALLET MANAGER while on the right side we have WALLET EXPLORER. Advantage: Well segregated options to work with the wallet. Like it was easy to grasp that under wallet manager I can generate new wallets, recover the wallet with back up keys, load or test password and also connect to the Hardware wallet. They are general features, however I liked "Test Password" feature. You can try out multiple chances to check if you have your correct password with you. Sometime you get tricked while accessing the wallet. For example if you are in the Test mode and try to put the password then it does not open the wallet and you keep thinking what's wrong with this. However, this is about habit, since it was my first time I might have been confused in which tab I am , Load or Test. But the feature is really good. If you look at the bottom of Wallet then there are various vital background processes happening, like connected peers, filters, current version and most important whether we are connected with the Tor or not. Though these are too technical things, its amazing to see that we dont even need to have understanding of TOR for example. As per FAQ I dont even need to have the tor on my device and thus all the traffic is defaulted through tor network anyways. This is good one. Next up, is accessing your actual wallet with the WALLET EXPLORER option on the right. Here wallet provides option to label the address too. Sending and receiving is very easy to access and the address generated is by default bch32. Easy to copy paste options available for this address. However they lack the capability of producing QR code for this address. Like you you should be able to create the QR code and save it as image file for sharing. Thats make it easy to share and not to send wrong address. Sending is easy process though. Easy to use panel for adjusting the fees, and instant preview is available for the time required to complete the stated transaction. Though I am still not able to figure out why there is option to select all coins if you are actually sending the bitcoin. The idea is unclear here, since I would be sending to bitcoin address only. This should have (?) help button besides it to understand user what does it mean. Though I am not kinda user who will go into CoinJoin for added security but this is additional feature by WASABI and might be unique one so far. The wait time is pretty average for this feature as I have to wait for 100 peers to get connected and then sending process would begin. Advantageous feature over other wallets that I have been using until now. This is most interesting feature now, you get access to your sensitive data in separate window. I am happy with this Tab because there are other wallets which takes up whole lot of searching to find my keys. WASABI has made it clearly visible under the ADVANCE feature tab. Simply click on it and use your password to get the info. Clearly mentions the derivation path. With my experience I know this is helpful if you lost the pvt keys then derivation path + pass phrase can help us retrieve the pvt keys using ION colman tools. Good one.
My rating would be around 4+ out of 5.
UI is just splendid and attractive to use. You can get used to it very quickly. The blend of color, tabs, descriptions of tab have been placed at right place and are eye catchy.
WASABI WALLET VERSION 2.0.1.0
The review is done on MAC device, Version 12.4 ______________________________________________ | _______________________ | I have intentionally quoted the previous versions review which I done previously. To the notice, there are huge changes from the previous version and if anyone is using it since then would need additional time to find out most of the features.
The process to install and add wallet is pretty easy and similar to what previously done however once you are in the wallet you have to look for the available options.
Since I already had my wallet loaded on the device, it directly diverted me to the password window so that I can access my wallet.
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______________________________________________ | ______________________________________________ | ______________________________________________ |
| In this step, I tried the password finder feature of the wallet. Though it's not much helpful in finding the password, and not sure what algortihm it is using? Like it asks for your most recent password that we remember and then starts to crunch some numbers to identiy the password. May be this is based on most matched up password? If it matches then it might give you right password. However, in my case I tried 50% similar password but it did not work.
May be that's con but good for me as someone might just guess it and get my password? |
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______________________________________________ | ______________________________________________ | ______________________________________________ |
| The wallet set up is very easy, however the filters are loaded very slow for the first time and the data loading took me around ~ 49 minutes. However, you can stil go ahead and create another wallet or import the wallet so not restricted unless and until we need to access the older wallet.
In my case since I used previous version too, its bit challenging for the first time to look for all the options. For example,
Wallet Explorer and Wallet Manager settings have been completely moved to the header of wallet in the Search Setting menu. That's fine and it also has all the other options such documentation, wallet info and all the explorer option inclusive. So its been shifted to one place and still easy to find.
In this version the Recovery phase confirmation feature has been added which is amazing. This is good for safety. |
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______________________________________________ | _______________________ | QR Codes and Copying the Address:
I tried scanning the QR with Mycelium Wallet, works completely fine for me. Since its bch address the sender fees are also less (though not sure type of chain matters int he fees).
Address can be copied manually, makes it far easier with the copy button.
You can also get the QR code downloaded for sharing.
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Regarding memory usage. I am not perfectly technical person for the background usage but once I started the Wasabi Wallet (the step where it was downloading the data) my MAC was going nuts in terms of processing. The GPU was definitely firing up high. This migght give you some idea what might be happening...Using high power? Howeverm the given screenshot is after an hour of using WASABI, the CPU usage is still high and averages to 25-30% plus at any given times. The following feature remains same in terms of sensitive data and pvt keys. Just quoting for reference. This is most interesting feature now, you get access to your sensitive data in separate window. I am happy with this Tab because there are other wallets which takes up whole lot of searching to find my keys. WASABI has made it clearly visible under the ADVANCE feature tab. Simply click on it and use your password to get the info.
Clearly mentions the derivation path. With my experience I know this is helpful if you lost the pvt keys then derivation path + pass phrase can help us retrieve the pvt keys using ION colman tools. Good one. One of the interesting feature for wallet is it's Discreet Mode. Could be useful while you are surrounded in the public and you can easily hide your wallet balance and also previous transaction very easily. It's one click feature so easy to find at the left hand corner. Just click to activate and deactivate. I am not able to find the SEND bitcoin option anywhere in the new version of wallet. In previous version Wallet Explorer option had it clearly visible but not this version. Do I need to have sufficient balance before I can see it? Is it part of CoinJoin process? Please consider this as normal user perspective.
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hZti
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July 04, 2022, 08:19:29 AM |
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Version:I reviewed the Version 2.0.1 of the Mac Wasabi Wallet. The device used is an iMac 27 inch with an intel CPU. One thing that I want to point out, that I wanted to fist use an older MacBook Pro that did not let me install the latest version of Wasabi wallet. This is disappointing since it is often recommended to install a wallet on an airgapped machine, and this is often an old laptop not your brand-new machine. First Start:The wallet interface looks very intuitive and easy to use. It is to my eyes not 100% appealing but is very easy to use which is way more important. After starting up I will be greeted with a “A New Version is available” message. If I klick it will not directly show me the page where I can download the new version. In my opinion this could direct me to the right page and not wasabi wallet main page. After the update to version 2.0.1 on my iMac everything works as expected and the message is gone. Send and receive coins:This is the basic functionality of every wallet. Works as expected but nothing that other wallets can’t do. Store Coins: Since it is not possible to install on an old apple machine it is not easily usable as an airgapped coldwallet. At first this was disappointing to me, but the solution is to simply install version one if an airgapped solution is needed. Also, a MacBook with MacOS 10.14+ is not that expensive anymore. One concern could be the 12-word seed. Maybe we can see a 24-word seed in future releases. Hardware Wallets:Also, one more solution for keeping the coins offline is to simply connect a hardware wallet. I tested it with a Cold Card wallet, and it worked as expected. I can only recommend going for that option and I am happy that it is easy to configurate. CoinJoin:In my opinion this is the reason people will download the wallet over other wallets. The CoinJoin feature works nicely and is a real unique feature of the wallet. This feature alone will make many users choose this wallet, since it is simply not supported by other wallets. Only downside is the minimum amount, which I can confirm is a little over 0.1 BTC at this time. In my opinion it should be lowered in the future since many users will use Wasabi Wallet as a hot wallet for the reason that I stated above. Seed:After starting up the wallet you have the option to create a new wallet from scratch. When doing so you will only get a 12-word seed. The option for a 24-word seed is sadly not there. What is more important to me however is, that there is no test if the seed was really backed up. Many people are used to just click ok to everything they read. They will not actually save the seed if you don’t force them to do so. In the end you get negative feedback from those people because they lose their coins. Initial Synchronisation:When opening the wallet for the first time, the time till the wallet is usable is quiet long in comparison to other wallets. One thing I found is, that some functions are disabled till the wallet is synchronised even if that is not really necessary. After the initial synchronisation everything works as expected and the wallet is quick when reopening it. Conclusion:After testing the wallet for some time, I came to the conclusion that especially with CoinJoin it has a unique feature that makes it stand out in comparison to other wallets. The basic functionality of a bitcoin wallet like send/receive coins and store coins is done in a good basic manner. This will satisfy the need of basically every user. The good integration of hardware wallets like Coldcard is a bonus for added security. With the unique feature CoinJoin there is one more feature that will make users choose Wasabi Wallet over other wallets.
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dkbit98
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July 04, 2022, 09:42:08 AM Last edit: July 04, 2022, 09:52:56 AM by dkbit98 |
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I used old Wasabi wallet before, so version 2 was a big change for me and I needed some time to get used to all the changes. First thing I saw in new wallet is new terms that I had to accept and that is legal document between service proveder znSNACKs and me as the person who is using this service. Money laundering is strictly prohibited in this terms, and we know that can have different interpretations, so by using Wasabi wallet I basically have to accept Coin Filtering that is done by zkSNACKs and they have no obligations to disclose any details about that to me as a user. After accepting new terms I had to wait few minutes until Wasabi was synced and I could create a new wallet by generating 12 seed words. First problem for me happened when I tried to create new wallet connecting Trezor One hardware device, but it failed many times reporting that something is wrong with my device, or I had to unlock it. My Trezor works perfectly with Electrum and Trezor Suite, so I thought that new Wasabi maybe doesn't support Trezor, but in their documents they claim to support Trezor, ledger and coldcard. I have no idea why Trezor doesn't work with Wasabi for me, and I guess developers needs to fix something. After this fail I experienced one more problem with Wasabi wallet. I sent coins in Wasabi for Coinjoin and I decided to test how new coinjoin works, so I selected option for maximum speed and pressed start that looks like a play button. Wallet was on for whole day and nothing changed, privacy was still showing 0% after many completed rounds of coinjoins. Next day I decided to disable Tor and try again Coinjoin, because I heard there were some issues with Tor network... but with no luck. My privacy was still 0% and coinjoin didn't happen even with Tor disabled in settings, and reason for this is unknown. Note that I could complete coinjoins with older Wasabi version in past without any issues, but maybe they are not accepting my coins this time. I could send and receive coins just fine but I personally don't like new interface for this, and then I run into third issue. After searching everywhere in settings and on their website I found out that there is NO COIN CONTROL in Wasabi version 2?! We are 2022 and I don't understand thius decision, but some information I found from Wasabi team is saying they did it because most people don't use coin control correctly Instead of removing something completely it would be much better to have it in some hidden settings for advanced users. Few things I like about Wasabi is dark theme and discreet mode, but I think that everything else is a step back compared with older Wasabi wallet. Lack of coin control, unsupported Trezor wallet, and inability to perform coinjoin makes my conclusion easy. Unless some big changes happen I probably won't use Wasabi and I will use other wallets for everyday use and for privacy reasons.
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BlackHatCoiner
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July 04, 2022, 02:25:38 PM Last edit: July 06, 2022, 11:35:17 AM by BlackHatCoiner |
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Wasabi is a wallet that is said to be privacy-focused. I find it more essential to make my review concentrated on the privacy-oriented part, which is CoinJoins. I downloaded the software, verified the binaries, I opened it up, wrote down the seed phrase, and here it is, the "Coinjoin Strategy": I'll attempt to try out all of these strategies. Minimize Costs strategyI deposited 500,000 sats, and a "Waiting to auto-start coinjoin" sign appears, which feels like it's mandatory to CoinJoin? Anyway, I clicked on "Wallet Settings" and disabled it. I wouldn't have it by default, but with this huge "PRIVACY BY DEFAULT" text on the main page, you can't do otherwise. Alright, so transaction is confirmed. Let's CoinJoin. There's something satisfying with the UI, but I don't like trading off lightweight operation for this: (Although the previous version of Wasabi was less lightweight than that IIRC) CoinJoin started. But, why is it taking 1 and a half minutes? What's my computer doing there? Mining? If an unknown miner solves a block within the next 6 minutes, that'll probably be me: I guess I'm now waiting for the rest to solve a block each... Seriously now, I don't understand why it's taking so long. It's re-showing the same things, to wait for new participants, preparing coinjoin, constructing coinjoin, all over again in loop. Is it perhaps because I disabled auto-mixing? Okay, so I enabled it, and it now shows "Finalizing CoinJoin". Aaand "Waiting for new participants" again. I suppose this means there are no participants currently, so I'll just wait. Edit: My funds are now mixed, and I only paid 804 sats, transaction id: 571dbc7b0e5b9ea7a89b754ec7953f2ceb6719dbc8a6fcc286867f16ea235f17. Pros: - Cheap CoinJoin.
- Effective CoinJoin. (194 inputs, 242 outputs)
- There's no minimum value for input, which is a massive upgrade from the 0.1 BTC that was required prior v0.2.
- Not sure if it's a pro, but I had my ChipMixed funds re-mixed. I didn't get any blacklisting alerts. Is it currently blacklisting certain inputs or will this begin after our reviews?
Cons: - Confusion in the "wallet lobby". I didn't know when I'd have my money mixed.
Maximize SpeedI honestly didn't understand any difference with "Maximize Speed". It was also cheap and effective ( 254 inputs, 329 outputs). I didn't take much less to wait for participants and to construct the CoinJoin, if that's what is all about. I'm still curious to know why it's taking so long for just a CoinJoin. Maximize PrivacyOkay, so CoinJoining this way takes a lot of time. Without any confirmation, I waited for around an hour, just to construct the CoinJoin. I don't understand why it takes so long, perhaps it needs to be addressed. The transaction id is: 3916f77e3d73a4de0dbc9d4f82dbf7780568eb12a7a1056a1daa78e28a8bc5aaAs you can see, there are 203 inputs, 220 outputs. That's considered effective, but I'm still not sure how does this strategy differentiates. One thing I also don't understand is why I have 17% privacy progress when I just used the most privacy-oriented strategy, which is used, as the software says, by the "paranoids".
What I don't like from the wallet software: - When sending money, it doesn't allow me to empty my wallet.
- When sending or receiving money, I have to write a description (e.g., who's the recipient). It isn't bad to leave me note my transactions, but forcing me to is bad.
- I cannot utilize coin control, which is considered important for both privacy and flexibility. Bitcoin is UTXO based, not balanced based. It should allow me view and choose which UTXO to spend. Even if it isn't allowed by default.
- I don't find the developers trustworthy. That's because of their pro-censorship behavior, which is against the fundamentals of bitcoin.
What I like from it: - I can connect to my own full node.
- It's lightweight if we compare it with the previous version.
- I choose what's the minimum amount to CoinJoin.
That was the end of my review. If I think of something I forgot, I'll edit it.
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bitmover
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bitcoindata.science
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July 04, 2022, 06:09:30 PM |
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My wasabi wallet review: First of all, I was disappointed that there is no mobile version. I believe this is a must, especially for Android. I installed the windows 10+ version in my Windows 11. I found a bug in the hardware wallet connection. As this bug consumed more time than expected, my review will be mostly about hardware wallet connection. I believe this will be a constructive criticism, as it will help the development and improvement of the software. The bug is that the wallet shows zero balance in my hardware wallet using a passphrase. If I use the same hardware wallet without any passphrase (other wallet), it shows balance) If the software is incompatible with a hardware wallet with a passphrase, that is a lack of feature and it should be displayed in the wallet with a passphrase. Balance zero is the wrong information, so it is a bug. I believe people may lose funds because of that bug, because wasabi wallet even generated addresses which technically do not belong to my hardware wallet. Which derivation path is it using? If I send fund to those addresses, will I be able to recover them? This is critical imo. Below my review, description of the bug and my overall experience:
Easy download and installation. As it is compatible, my first option after installing the wallet was to connect my ledger nano S. My ledger nano S has 2 wallets. The main one and a "hidden one", which uses a passphrase. Both have different PIN. I tried the hidden one first. I created the wallet name “HW” and then I saw this message after unlocking the wallet: After I clicked Yes, there was a message “Wallet with same name already connected”. But it was a fresh wallet, first installation… I didn’t understand the message: I just started over and found the wallet name “HW” in the left panel and opened the wallet. Then I was stuck in this screen for a long time (about 2 hours): I didn’t like the idea to download all this stuff… I don’t feel more privacy either. How much GB am I going to download? What are those files? I would probably give up now if I were trying a new wallet. I feel safer without downloading additional stuff which I don’t clearly know what it is. It took about 2 hours to download everything. The wallet was not recognized. I don’t know what is that wallet with 0 balance, and I received no seed. This wallet has dozens of transactions, so this is clearly wrong. This the bug. I put my hardware wallet and it shows a different wallet. And what are those addresses? they are not mine. how are they generated? What if it was a fresh wallet, and if I send funds to it?? They might get lost. Then I decided to create a new wallet for the same ledger wallet (with passphrase), again. Then I got the same message from before: Then I saw there is a problem here. This wallet has a 25th word, the passphrase. Is it supported by Wasabi? If not, that is a must, for security reasons. More information here: https://www.ledger.com/academy/passphrase-an-advanced-security-feature
Then, I decided to test again using a ledger nano without any passphrase. I had to download Bitcoin Network data again (whatever it is). More 30 minutes. It worked in ledger nano S without any passphrase.
Then I tried to remove the first wallet (the bugged one with passphrase) but I couldn’t. I wasn’t able to find that feature in wasabi wallet. For a “privacy wallet” , this is a must feature. You need to be able to remove your wallet whenever you want! You can do that in electrum and many other wallets. I was able to delete wallet data by using Windows Explorer and deleting wallet.json file. It worked after restarting the wallet software. But, an option to do that would be much better. After deleting the first wallet, I tried to create it again and saw the same error message “Already added to software” I didn’t see the zero balance wallet again. This bug might happen only when it is the first wallet installed. (?) Conclusion and suggestions: - Not clear information about what is the wallet really downloading . A buttom like “do you want know more about this? Click here”. The long time to download is not good imo and should be optimized.
- Wrong balance about the connected hardware wallet when using passphrase is a serious bug IMO. There should be more information about the support or not for that feature (I didn’t find information about it in wasabi website) https://docs.wasabiwallet.io/using-wasabi/ColdWasabi.html#using-hardware-wallet-step-by-step
if it is not supported, write that in the error message. - Lacking remove wallet data option. This is very important for any wallet, especially for a wallet which is “privacy by default”.
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Coin_trader
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Leading Crypto Sports Betting & Casino Platform
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July 05, 2022, 02:15:50 PM Last edit: September 20, 2023, 03:50:38 PM by Coin_trader |
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Note: I will be providing a review based on my experience alone. I will leave most of the technical part including codes to other participants with a better knowledge about it. Most of point will tackle about user experience while using the wallet as a normal crypto user.First ImpressionThe User Interface of the wallet is very premium and sophisticated at the same time. The gray color as well as the design makes the wallet looks like a premium app. The experience of using the wallet is just like using a custodial wallet which is very easy to use and understand. This is my first time to use a non-custodial wallet that has an experience of a custodial wallet since it's a user friendly wallet unlike electrum and other wallet that has a lot of function which is hard to understand by normal user. In wasabi wallet, There's description on every function that will guide the user even a newbie to understand it. RegistrationThere's no copy feature on the stage indicated on the image above. Even copying it via mouse is not possible, It's either you will screen shot or write it down manually in able to save it. I suggest to add a copy feature for the seedphrase to make it easier for new user to create account. Wallet AddressI like being organized of this wallet because you need to label all the address that you will use in both sending and receiving Bitcoin. It will help to properly track your expenses and income, User that filing tax report for IRS will not gonna have a hard time to track down there transaction when they are using wasabi wallet because the wallet will not allow them to received and send money without assigning a name for the sender and receiver for that specific transaction. Wallet FeatureThe image above speak for itself but I just want to point out how great this wallet for having a lot of information needed by crypto user especially the price of Bitcoin which most of the wallet doesn't. The price update real time and it saves time for me to check what's the fiat equivalent value of the Bitcoin that I will gonna send to someone instead of checking it manually on preev or coinmarketcap. So this feature is definitely one of my favorite, I didn't try the conjoin feature since I don't need to use it and I leave that to other user for feedback. I just noticed that Wasabi wallet didn't display incoming unconfirmed transaction even if it's already recorded in the blockchain but rather only confirmed transaction alone. I hope this feature will be add soon so that user can notify immediately if there's an incoming transaction to his wallet especially when someone is waiting for payment. It will save time checking on blockchain record if wasabi wallet display unconfirmed transaction too. Transaction fee can be only adjust by manually editing the value of the amount you will gonna send. Adding max amount and display for transaction fee amount will be helpful for user to make more convenient user experience on sending balance. Remarks: Wasabi Wallet is a very good wallet in all types of user since it has different mode that suitable for different type of crypto user. This wallet is open source which means anyone can review the code for transparency which is a good sign for being trusted. I enjoy using it because I was amazed on the beautiful display and features of this wallet as if this non-custodial wallet. Non-custodial wallet usually is built up with plain dsplay and a lot of technical feature that normal user hard to understand but Wasabi wallet on the other hand break the norm and introduced a very good looking product that is very rare to see on other wallet.I definitely love this and I hope there will be an android version soon!
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jamyr
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July 07, 2022, 03:16:55 PM Last edit: July 07, 2022, 03:34:48 PM by jamyr |
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jamyr
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July 10, 2022, 11:51:05 AM |
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To be honest, this post doesn't make sense at the moment, as no one among the other participants in the review campaign has yet received payment. I made a concession to you because you asked for it. sorry for responding a bit late. I was asked by my local wallet btc-php to provide proof source of income and had to provide a reference and thought this could be given as proof to them. I am sorry for any inconvenience/confusion this may have caused you.
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ChrisPop
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Not your Keys, Not your Bitcoins
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July 11, 2022, 09:03:54 AM |
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Wasabi Wallet ReviewDownload processVery fast and straight forward. It took me less than 2 minutes to navigate to the website, download and install the wallet – very convenient. The application pops up on the desktop and all you have to do is to double-click and you’re all ready to experience the Wasabi experience (sounds like I’m an ambassador, but this is just my style of writing) Branding & FunctionalitiesThe branding of the wallet backed by its functionalities really appeals to those who are concerned about their privacy. We should all be if you ask me. Wallet initializationSuggestion: As a nice little addition I suggest adding the possibility of sliding back & forth between the above presentation of wallet’s features.It is a little confusing that on the website it is specified that users shouldn’t pay coordinator fees while on the prompts this is not specified: Terms & Conditions ReviewNot overly complicated with legal jargon. It was quite easy to read and understand. I took the time to go through it thoroughly and no phrases raised up question marks regarding their commitment to keep privacy as a top priority. UI AnalysisFirst of all I am a little bit confused about the gradient lines when having no transaction in my wallet. It looks like something might still be loading. I like that I can very easily disable CoinJoin if I don’t want to use it from the Wallet settings just by one-click. And even more privacy settings are available in the left toolbar like changing themes and some other privacy settings. I particularly dig the discreet mode. There are times when I want to use my wallet, but there are other people in the room. Most of the time I don’t want them to take a peek at my balance. I’m getting a warning in the wallet and I am not sure why. It looks like the “backend” is not connected, whatever that might mean. EDIT: This problem got solved just by waiting a little bit more. Suggestion: I like that we can label transactions when we ask the wallet for a receiving address, but I don’t understand why it is mandatory to enter it. Sometimes I just want a one of my bitcoin addresses without specifying from who I receive them.Search feature – I find this feature extremely useful, especially if I want to delete a wallet and/or access the data folder of the application. I tested the wallet recovery option so I only had to delete the “.json” file from the ‘wallets’ folder and then quickly recover the wallet by providing the recovery phrase. Wallet list – I dig the way wallets are displayed on the left side of the wallet and the animations when transitioning between them. Smooth & simple! TransactionsThe most practical test --> transactions handling. For the purpose of this test I have used the Bitcoin mainnet. I have sent a transaction from a segwit address with an insignificant fee of a few cents to a well-known online casino. Everything went smoothly. I also made a withdrawal from the casino to another address – no issues here. CoinJoin ReviewCreated a new wallet on the Bitcoin testnet to try the CoinJoin feature. I have selected the optimization for speed. 1st test- It took some time for the wallet to find peers. However, once I started the CoinJoin it took about 5 hours for my coins to become fully private (100%). - Starting balance: 0.0007 BTC - Ending balance: 0.00008 BTC (~ - 0.00062 BTC) - The CoinJoin process was indeed uneconomical as warned by the wallet. That is why Wasabi recommends to perform a CoinJoin when you have at least 0.01 BTC in your wallet. However I’m not really sure why Bitcoin left my wallet in so many transactions. I see both transactions labeled as CoinJoin and simple outgoing transactions that I haven’t made manually. This is a bit confusing to be honest. I’m going to try Coinjoining again with a balance of around 0.005 and re-test the feature.2nd test- Managed to load my wallet with 0.0259 TBTC from different faucets. Now my goal was to make them all private so I started the CoinJoin process with the "Maximize speed" setting activated - Starting balance: 0.02590404 BTC - Ending balance: 0.02477675 BTC (~ - 0.00112729 BTC) - The CoinJoin process was performed in 69 transactions and 0.00112729 BTC was charged as mining fees --> not sure if coordinator fees were included in that. Anyways that amounts to ~4.35% of the sum coinjoined. That is quite decent taking into account that I optimized for speed, not cost. - TIME: in ~4 hours the coinjoin process was finished CPU UtilizationIt looks like the wallet is a bit CPU intensive, but not exaggerated. It constantly uses around 10-20%. I suspect this is due to tor implementation. To be mentioned that this is also mentioned in the Wasabi FAQ: “No, Wasabi and CoinJoin features require considerable computational power, not currently replicable on a smartphone.” Wallet RecoverySteps: 1) Delete the .json file from the wallets’ folder of the application. 2) Close and re-open the Wasabi application. 3) Select the Wallet Recovery option. 4) Provided the 12 recovery words and the password associated with the wallet. 5) Wait until the Bitcoin network data is downloaded and processed --> it took around 1 hour for the wallet to get sync’ed. SecurityThe wallet is privacy-focused, but I think it would be a killing combination if you can upgrade its security and this is also a branding suggestion --> “Wasabi – security and privacy at its finest” or something around those lines o 2FA Authentication – this is really essential – also I would like to be able to place limits on the amount of transactions per day I can make without using 2FA. (sometimes I prefer speed over security), plus this security feature will limit my loss if someone get a hold of my wallet's password. -----------------------------------------------------------------------------------------------------------------------------------------------------------------------
Conclusion: For normal Bitcoin transactions the wallet is excelent, but you need to be careful about activating CoinJoin by mistake if your focus is stacking sats and not privacy. But hey, Wasabi has been created for the privacy-concerned audience in mind. So you might want to opt for a simpler wallet and not that CPU-intensive if you’re not interested in keeping your transactions private. My opinion is that if you’re dealing with higher amounts of Bitcoin (>0.01 BTC) a 0.3% fee for anonymity is really a cheap price to pay. Just as a side-note I noticed on Github that @nopara is one of their main developers (making most of the commits). He is well recognized for his work on Bitcoin privacy.
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icopress (OP)
Legendary
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Activity: 1820
Merit: 9193
light_warrior ... 🕯️
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July 11, 2022, 11:02:38 AM |
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Hurry up guys... some of you already got paid! To be honest, I especially liked mocacinno's review.
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LoyceV
Legendary
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Activity: 3486
Merit: 17644
Thick-Skinned Gang Leader and Golden Feather 2021
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July 11, 2022, 11:13:01 AM |
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Hurry up guys... some of you already got paid! Missed me? Or was I disqualified?
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