Wasabi Wallet - Open Source, Noncustodial Coinjoin Software

[Kruw]

In fact, this is a very good wallet, it is unique in some way on the market. But personally, I would like to see more additional functions in it. In my opinion, he is very ascetic. It may not be bad, but personally there is a lot missing from it for me. I would ideally like to see a more developed system for recovering private information. For example:
1. Restore different seed formats. Not only 12 words, but also 15, 18, 24.
2. It is possible to restore other popular seed formats. For example, Electrum seed format.
3. Allow the encrypted seed to be restored.
4. Recovery using a private key, using an encrypted private key.
5. Multi-signature wallet support.
6. Built-in DEX.

1. You can restore 12, 18, or 24 word seeds but you can only create 12 word seeds.
2. There's downsides to even adding this as an advanced option. First, the Bitcoin community should try to work towards standardization instead of creating a maze of cross compatibility complexity. Second, since Electrum connects to public servers by default, users who want to coinjoin should generate new keys that haven't been shared.
3/4. There's a lot of ways to encrypt things, it wouldn't be worthwhile to try to support that functionality.
5. That's a good potential feature, but I don't expect it to be on the roadmap anytime soon. Perhaps try Liana Wallet if you want to use multisig.
6. That would be a huge leap. You might like this article: https://bitcoinmagazine.com/technical/dlcs-evolving-to-meet-institutional-needs

[1714581133]

1714581133

[bitmover]

1. Restore different seed formats. Not only 12 words, but also 15, 18, 24.
....
6. Built-in DEX.

These two features are mostly for altcoins.

AFAIK, wallets with so many words are multicurrency wallet. I agree with Kruw, it is enough to be able to import seeds with different seed formats.

Why would you want dex? To use altcoins, such as ERC-20 USDT? This is not the point of this wallet. This is a bitcoin wallet, with bitcoin advanced privacy features.

[examplens]

Why would you want dex? To use altcoins, such as ERC-20 USDT? This is not the point of this wallet. This is a bitcoin wallet, with bitcoin advanced privacy features.

Maybe not for ERC-20, but maybe some time at some point BRC20. It's kind of part of the Bitcoin network.
To be clear, I would not support something like this, nor am I a fan of tokens on the btc blockchain.

[bitmover]

Why would you want dex? To use altcoins, such as ERC-20 USDT? This is not the point of this wallet. This is a bitcoin wallet, with bitcoin advanced privacy features.

Maybe not for ERC-20, but maybe some time at some point BRC20. It's kind of part of the Bitcoin network.
To be clear, I would not support something like this, nor am I a fan of tokens on the btc blockchain.

There used to be USDT in OMNI network, and I even saw now some Liquid Tether in bitcoin Liquid network (https://aquawallet.io/)

Anyway, I think this is not the purpose of this wallet

[Julien_Olynpic]

3. In case you refer to additional text or passphrase when you generate BIP 39, it's not encryption feature.

Perhaps I expressed myself incorrectly. I mean BIP-39 seed, that is, a seed hashed using a passphrase. You import the hashed mnemonic (that is, BIP-39 seed) into the wallet, and then insert the passphrase. In my opinion, support for such a thing is a wonderful thing. It adds a little security.

6. That would be a huge leap. You might like this article:

Thank you for your opinion. True, I didn’t understand much from the article, but I think that it would be nice to have some kind of platform for exchanging at least Bitcoin for some other currency, for example, Monero. I think it would be worth thinking about this idea. Wasabi is a really nice wallet. He is one of the leaders in his niche. But it has very few functions. It is like a store that only sells one product. I agree that sometimes this is enough. Some users ask why I need Dex. This is not necessarily dex in the traditional sense of the word. But you must admit that it is strange that we care so much about our privacy, mix transactions of different users, use an open source wallet and constantly talk about decentralization, but at the same time we send bitcoins for sale on centralized exchanges, where we are often forced to undergo a QUS. Isn't this ridiculous? Why then all this confidentiality if we do not have the opportunity to sell the cue ball or at least exchange it for some confidential coin inside the wallet and without KUS? After all, Bitcoin trading is a basic thing that Bitcoin enthusiasts need.

[satscraper]

3. In case you refer to additional text or passphrase when you generate BIP 39, it's not encryption feature.

Perhaps I expressed myself incorrectly. I mean BIP-39 seed, that is, a seed hashed using a passphrase. You import the hashed mnemonic (that is, BIP-39 seed) into the wallet, and then insert the passphrase. In my opinion, support for such a thing is a wonderful thing. It adds a little security.

It is already there.

When you add to SEED phrase the password the latter is attached to the end of SEED at hashing and all stuff is hashed together. This is irreversible one-way action. BIP38 encrypted blob is in fact  also the one-way hash,   "Decryption" of  both resulting hashes  sounds as a nonsense.

Safely keep both  BIP39 Seed and passphrase to have access to wallet at any circumstance.

[Kruw]

Users who upgrade to Wasabi v2.0.6 benefit from a 60% faster loading time! Find out why in our newest blog post: https://blog.wasabiwallet.io/load-time-reduced-by-an-additional-60-in-version-2-0-6/

[ABCbits]

Users who upgrade to Wasabi v2.0.6 benefit from a 60% faster loading time! Find out why in our newest blog post: https://blog.wasabiwallet.io/load-time-reduced-by-an-additional-60-in-version-2-0-6/

Finally Wasabi move away from plaintext format, although few people liked it since they can open and read it easily. But here's a question, does that mean we can open the wallet using SQLite viewer/explorer to see the data/encrypted data?

[Kruw]

Wasabi's default minimum coinjoin size has increased by 20%! Bigger coinjoins improve block space efficiency and provide better privacy for all participants.

Before: 150 inputs
Now: 180 inputs

This change introduces a tolerance for rounds that started with enough inputs, but failed to gain all the required signatures. Now, if there are less than 180 inputs eligible from the initial round, another round will be attempted as long as there are at least 150 remaining.

Since this change was deployed 10 days ago, the average anon score gain of each coinjoin output has increased from 6.5 to over 8, reducing the total amount of remixing users needed for users to reach their privacy targets!

[Kruw]

The BitBox02 hardware wallet is now supported by Wasabi in version 2.0.6! Our newest blog covers the steps to connect and use the device:

https://blog.wasabiwallet.io/use-bitbox02-with-wasabi/

[examplens]

The BitBox02 hardware wallet is now supported by Wasabi in version 2.0.6! Our newest blog covers the steps to connect and use the device:

https://blog.wasabiwallet.io/use-bitbox02-with-wasabi/

There are 4 different wallet icons, I recognized Ledger and Trezor. Now also Bitbox, but which fourth model is compatible with Wasabi wallet?

[Kruw]

There are 4 different wallet icons, I recognized Ledger and Trezor. Now also Bitbox, but which fourth model is compatible with Wasabi wallet?

The other supported hardware devices are Coldcard by Coinkite and Jade by Blockstream.

[Kruw]

Coinjoins are a guessing game, and additional randomness in the new 2.0.6 version of Wasabi makes that game even harder for anyone trying to track your Bitcoin transactions.

But it’s not random like a fair dice, there’s some artificial luck added. Learn how user choices and the current fee rate affect your chances of coinjoining: https://blog.wasabiwallet.io/smart-randomness-skipping-coinjoin-rounds-based-on-fee-rate/

[Wind_FURY]

Coinjoins are a guessing game, and additional randomness in the new 2.0.6 version of Wasabi makes that game even harder for anyone trying to track your Bitcoin transactions.

But it’s not random like a fair dice, there’s some artificial luck added. Learn how user choices and the current fee rate affect your chances of coinjoining: https://blog.wasabiwallet.io/smart-randomness-skipping-coinjoin-rounds-based-on-fee-rate/

I'm merely curious. I know that amateur blockchain "analysts" will truly find it very difficult to trace transactions that went through a CoinJoin application. But can anyone with 100% confidence say that transactions that went through CoinJoins can't be traced by state-level analysis? Because what is it all truly going against, if it's not state-level spying?

[Kruw]

Privacy warnings and suggestions is an exclusive feature in Wasabi, and it got even better in v2.0.6! Check out our new blog to learn the benefits of the feature: https://blog.wasabiwallet.io/only-wasabi-privacy-warnings/

The client runs branch and bound coin selection algorithm to find an input set that's close to your desired payment amount, so that you can send a little more or less sats in a transaction that doesn't create a change output.

That means you don't have non-private coins in your wallet after the payment, and you don't need to do another coinjoin round.

Yet another blockspace savings technology in Wasabi!

I'm merely curious. I know that amateur blockchain "analysts" will truly find it very difficult to trace transactions that went through a CoinJoin application. But can anyone with 100% confidence say that transactions that went through CoinJoins can't be traced by state-level analysis? Because what is it all truly going against, if it's not state-level spying?

The state is the final boss of the threat model. If you take a blackpilled stance that 3-letter-agencies have compromised users at the OS level (Windows, Mac) or at the hardware level, or have the ability to deanonymize the Tor network, then I'm not sure what privacy tech can defend you against that.

[Kruw]

This coinjoin was filled with whales! There were 23 matching outputs of the highest denomination (1.34217728 BTC) - https://mempool.space/tx/e16467598a520e9d58046f411d1b9bc36f9f6b5d274e974f6a3e80f75537aa18

Number of inputs: 351
Number of outputs: 381
Amount: 51.72729648 BTC
Fee rate: 14.12 sats/vbyte
Average Input anonset: 7.02
Average Output anonset: 13.14

[Wind_FURY]

I'm merely curious. I know that amateur blockchain "analysts" will truly find it very difficult to trace transactions that went through a CoinJoin application. But can anyone with 100% confidence say that transactions that went through CoinJoins can't be traced by state-level analysis? Because what is it all truly going against, if it's not state-level spying?

The state is the final boss of the threat model. If you take a blackpilled stance that 3-letter-agencies have compromised users at the OS level (Windows, Mac) or at the hardware level, or have the ability to deanonymize the Tor network, then I'm not sure what privacy tech can defend you against that.

Thank you for the sincere and honest reply ser. I believe other people would have taken the irresponsible path and continued to make a bullcrap post about how state-level actors would "never" trace "x-transactions" because "x-technology". Although cryptography is being used as a tool to make social and political change, and I simply hope the developers who are fighting for the users will continue making their apps better even if the monetary rewards are low.

[Kruw]

Usually, you can use Wasabi on your desktop app.

But the RPC, or Remote Procedure Call, interface allows you to use the wallet programmatically and even find hidden features!

How do you use Wasabi's RPC interface? What is it? You can read our latest blog to find out all about it, including examples of actual commands you can run: https://blog.wasabiwallet.io/use-wasabi-rpc-interface/

[Kruw]

A whale with 850 BTC went anonymous in this coinjoin: https://mempool.space/tx/da90d4fcee3d3965d23aef486065d317ce069f7e43751018443b3a4e0901394e

[BlackHatCoiner]

A whale with 850 BTC went anonymous in this coinjoin: https://mempool.space/tx/da90d4fcee3d3965d23aef486065d317ce069f7e43751018443b3a4e0901394e

Two questions of mine.

• How do you know there is a whale of 850 BTC? I see four separate inputs of 200, 200, 200 and 249 BTC. Couldn't there be four people with the respective inputs separately instead of one?
• Isn't it apparent that the 171.79869184 BTC outputs are likely related to these four inputs?