Trezor’s CoinJoin integration has enthused the community with concerns about hardware wallet companies censoring Bitcoin (BTC) transactions.
Trezor implements CoinJoin
April 19th, hardware wallet manufacturers announced Implement CoinJoin has partnered with Wasabi Wallet.
Trezor said the new feature will improve the security and privacy of users’ transactions. The company said the new feature is available on his Trezor Model T wallet, adding that he will later integrate it into the Model One.
CoinJoin typically combines multiple transactions to obfuscate users’ transactions and enhance privacy. This pulls a large number of users into one of her transactions, making it difficult to trace these transactions to a specific individual.
Trezor said users will be able to take advantage of the CoinJoin functionality by clicking the “anonymize” button. The degree of privacy is determined by the number of her CoinJoin rounds the user prefers.
The company added that the rest of the process is automated and does not require active participation from users. This feature attracts his 0.3% commission on the amount the user wants to obfuscate.
Community Highlights Censorship Concerns
The cryptocurrency community criticized Trezor’s new features. Many cite censorship concerns that come with it.
Chris Blec, host of the Proof of Decentralization Podcast, emphasizes this concern, stating that “the terms of use for Wasabi Wallet (zkSNACKs), which provides Trezor’s new CoinJoin feature, are open to censorship.”
brek Said:
“Wasabi’s tools are a complete surrender to government censorship. They block BTC transactions such as gun and ammunition purchases, sexual content, alleged piracy, and credit repair services. says it is not obligated why you are blocked ”
Rival privacy firm Samourai Wallet highlight This concern in several tweets. According to the company, Trezor’s new integration is a pipeline to monitoring.
Meanwhile, a hidden answer to Trezor’s CoinJoin announcement Indicated We hid all responses that expressed these censorship concerns.
Trezor has not yet responded. of crypto slate Request for comments at press time.
Post-censorship concerns grew as Trezor integrated “CoinJoin”, first appearing on CryptoSlate.
