In a statement today, Bitcoin hardware wallet business Trezor exposed the launch of the extremely prepared for coinjoin function for its Trezor Model One, according to a news release sent out to Bitcoin Magazine. Building upon the success of the coinjoin application for the Trezor Model T in April 2023, this advancement empowers all Trezor users, despite their gadget, to strengthen their bitcoin deals with boosted privacy.
Coinjoin makes it possible for users to send their bitcoin within a collective deal, just to get a comparable quantity back. This procedure obscures deal history, making it a lot more hard to track deals and user balances on the transparent Bitcoin blockchain. Trezor’s cooperation with Wasabi Wallet, a privacy-focused bitcoin wallet with coinjoin ability, made this function’s combination possible.
“Born in 2013, the Trezor Model One is the original hardware wallet and is widely used by Trezor fans in over 150 countries,” said Matěj Žák, CEO at Trezor. “Giving those users the option of making their transactions private is just as important as it is with the Trezor Model T. Our extended coinjoin availability puts control, privacy and security in the pocket of every Trezor user.”
According to the release, Trezor has actually ended up being the very first hardware wallet to make it possible for coinjoin deals within a hardware wallet environment. In addition to coinjoin, Trezor also has a host of features on its gadgets for improving security and privacy, such as Tor, coin control, and Shamir backup.
For those looking for more insights into the coinjoin function and its ramifications for reinforcing deal privacy, more info can be discovered at here.
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