16

Wasabi ending coinjoin (monero.town)

submitted 6 months ago by bluedoves@monero.town to c/monero@monero.town

6 comments fedilink hide all child comments

Quote from twitter,

After years of relentless dedication to improve Bitcoin’s privacy, zkSNACKs, the company pioneering the development of Wasabi Wallet, is shutting down its coinjoin coordination service, effective June 1st, 2024.

you are viewing a single comment's thread
view the rest of the comments

[-] shortwavesurfer@monero.town 4 points 6 months ago

It is really sad to see the wasted effort, but eventually people realize they made a mistake and end up on the correct path.

[-] tusker@monero.town 5 points 6 months ago

Better late than never, but it would have been much better if these skilled people worked on a proper DEX or something useful all this time instead of BTC "privacy" non-sense.

[-] shortwavesurfer@monero.town 5 points 6 months ago

Oh absolutely. These people were just far too optimistic and got brutally disproven because of it.

[-] blake@monero.town 1 points 6 months ago* (last edited 6 months ago)

they got something done - how many people got a good service out of coinjoins?

plus they likely awoke many to the problem of ensuring privacy online - particularly in finance, and particularly in crypto

PS: This is good for Monero - sweats profusely

this post was submitted on 02 May 2024

16 points (100.0% liked)

Monero

1690 readers

7 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago

MODERATORS

admin@monero.town