Bitcoin Privacy Outlook After CoinJoin Shutdown.
The imminent discontinuation of zkSNACKs' CoinJoin service marks a significant loss for the Bitcoin ecosystem, particularly affecting privacy. CEO Max Hillebrand confirmed the shutdown is to comply with U.S. regulations, underscoring the challenges facing privacy tools. Despite this, Hillebrand remains optimistic about Bitcoin privacy, noting other features in Wasabi Wallet will continue to offer enhanced privacy, albeit not at CoinJoin's level. The broader impact includes affected services like Trezor Suite and BTCPayServer, with future privacy solutions now in question.
#Bitcoin #Privacy #CoinJoinClosure #Regulation
oxhak / Ox HaK
npub1sxe…z7z7
2024-05-06 18:29:43
Author Public Key
npub1sxexewvzysc3affq4yzzh7w8e3udyujap2vlj7t6lkdg5dvhp24q4dz7z7Published at
2024-05-06 18:29:43Event JSON
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"content": "Bitcoin Privacy Outlook After CoinJoin Shutdown.\n\nThe imminent discontinuation of zkSNACKs' CoinJoin service marks a significant loss for the Bitcoin ecosystem, particularly affecting privacy. CEO Max Hillebrand confirmed the shutdown is to comply with U.S. regulations, underscoring the challenges facing privacy tools. Despite this, Hillebrand remains optimistic about Bitcoin privacy, noting other features in Wasabi Wallet will continue to offer enhanced privacy, albeit not at CoinJoin's level. The broader impact includes affected services like Trezor Suite and BTCPayServer, with future privacy solutions now in question.\n\n#Bitcoin #Privacy #CoinJoinClosure #Regulation",
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