The biggest aspect of the cryptocurrency industry that sets it apart from the traditional financial industry is its decentralization. While control means everything in the traditional financial world, lack of control and equal management of the community means everything in the cryptocurrency industry. wasabi his wallet, on the other hand, may have destroyed the previously known crypto money industry-friendly reputation with its last move.
Wasabi Will Block Some BTC Transactions
The open-source cryptocurrency wallet application Wasabi, although focused on privacy, has recently decided to take a very interesting step.
Some users and transactions using the Bitcoin mixer named CoinJoin may now face censorship. In the post shared by Wasabi Wallet’s Twitter account, zkSNACKS It was stated that the coordinator will start blocking certain transactions.
zkSNACKs, the company behind Wasabi Wallet, stated that they will take this step because of hackers and fraudsters. While it is known that hackers and scammers use the wallet to obscure their stolen funds, it is not yet certain to what extent this happens.
The company, on the other hand, takes such a step, especially in order to prevent governments from taking action against them.
Samourai Wallet, another privacy-focused cryptocurrency wallet application, also published a statement on the subject, emphasizing that this step was taken in order not to violate privacy. Especially the recent events with Russia and the possible BTC transfers of those who have been subject to sanctions have prompted regulators and companies to take action. metamask This was the last example.