Trezor will add a tool for mixing bitcoin transactions to wallets

Hardware wallet manufacturer Trezor has announced a partnership with the Wasabi Wallet team.The purpose of the cooperation isintegration into devices of a tool for mixing bitcoin transactions CoinJoin.

The technology randomly groups transactions to hide the origin of the funds. Access to the new option will open in 2023.

Head of Public Relations andzkSNACKs’ reputation, Karo Zagorus, in a comment to Decrypt, clarified that negotiations with Trezor began in 2019. According to him, the result represents a "phenomenal achievement".

The Wasabi team added that work onanonymization technology is a response to increased oversight by the authorities. Financial transactions could eventually be used to spy on citizens, they noted.

What is CoinJoin? What is ZeroLink? What is STONEWALL?

In November 2020, developers focusedon the anonymity of the bitcoin wallet announced the release of a new version of Wasabi Wallet. It is designed to simplify the conduct of confidential transactions by automating mixing using CoinJoin technology.

In the spring of 2021, the Trezor team reminded abouthigh protection of the hardware wallet against hacking attempts. The statement came against the background of plans by the US authorities to create a tool to bypass protection and gain access to crypto assets.

Let us remind you that on August 8, OFAC added to the sanctions list the site of the cryptocurrency mixer Tornado Cash, as well as 39 Ethereum and 6 USDC addresses associated with it.

At industry advocacy organization CoinCenter said the agency had overstepped its authority. The CEO of the Kraken cryptocurrency exchange, Jess Powell, called the actions of the regulator unconstitutional and violating the right of citizens to privacy.

Prior to this, OFAC had placed the Blender cryptomixer on the sanctions list.

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