Wasabi Wallet is a privacy focused Bitcoin wallet

Wasabi Wallet incorporates a privacy feature known as CoinJoin, which allows users to mix their bitcoins with those of other users. This process helps break the link between the sender and receiver.

Wasabi Wallet is a privacy-focused Bitcoin wallet that emphasizes the anonymity and fungibility of Bitcoin transactions. Here are some key features and information about Wasabi Wallet:

1. CoinJoin Transaction Mixing:

   • Wasabi Wallet incorporates a privacy feature known as CoinJoin, which allows users to mix their bitcoins with those of other users. This process helps break the link between the sender and receiver, enhancing the privacy and fungibility of the Bitcoin.

2. Chaumian CoinJoin:

   • Wasabi Wallet uses a specific type of CoinJoin known as Chaumian CoinJoin, inspired by the cryptographic work of David Chaum. This method ensures that participants cannot determine the source of funds.

3. Built-in Tor Integration:

   • Wasabi Wallet integrates Tor (The Onion Router) by default, providing an additional layer of privacy by obfuscating users' IP addresses during transactions. This helps in making it more challenging to trace the origin of transactions.

4. HD Wallet and Segregated Witness (SegWit) Support:

   • Wasabi Wallet supports Hierarchical Deterministic (HD) wallets, allowing users to generate and manage multiple addresses from a single seed phrase. It also supports Segregated Witness (SegWit) addresses, contributing to lower transaction fees.

5. Open Source:

   • Wasabi Wallet is an open-source project, meaning that the code is publicly available for inspection and review by anyone. This transparency enhances security and builds trust within the cryptocurrency community.

6. User-Friendly Interface:

   • The wallet is designed with a user-friendly interface, making it accessible to both beginners and experienced users. It provides features like address labeling and transaction history.

7. No Know Your Customer (KYC) Requirements:

   • Wasabi Wallet operates on a non-custodial model, meaning users have control over their private keys. Additionally, there are no KYC requirements for using the wallet, promoting user privacy.

8. RBF (Replace-By-Fee) and CPFP (Child Pays For Parent) Support:

   • Wasabi Wallet supports features like Replace-By-Fee (RBF) and Child Pays For Parent (CPFP), providing users with more control over their transactions, especially in situations where fees need adjustment.

9. Continuous Development:

   • The development team behind Wasabi Wallet is active and continuously working on improving the wallet. Users are encouraged to stay informed about updates and follow best practices for securing their funds.

When using Wasabi Wallet or any other cryptocurrency wallet, it's crucial to follow best security practices, such as keeping your seed phrase secure, using strong passwords, and staying informed about updates and potential security risks.