2023-08-19 11:05:54
The hardware wallet manufacturer Trezor recently announced that it will introduce the long-awaited coinjoin function to the Trezor Model One. The innovation increases the privacy and security of bitcoin transactions for all users. Coinjoin is a method with which we can make our bitcoin transactions untraceable, thus preserving our anonymity. The process obscures transaction history, making it much more difficult to track transfers and user balances on the Bitcoin blockchain. His company partnered with Wasabi Wallet, a privacy-focused wallet with coinjoin capabilities, to successfully launch the feature. Back in April of this year, Trezor added the already mentioned function to the Trezor T-model, and building on the success of the implementation, the Model One will now also benefit from it. “Created in 2013, Model One is considered very popular in the market and is already used in more than 150 countries. Giving users who use it the ability to make their transactions private is just as important to us as it was for Model T. The extended coinjoin functionality puts control, privacy and security in the hands of all users.” – said Matěj Žák, CEO of Trezor. According to the announcement, the company has become the first hardware wallet to enable coinjoin transactions within a hardware wallet. In addition to coinjoin, Trezor also has a number of features on its devices designed to ensure security and data protection. Examples include Tor, coin control, and Shamir backup, which are all available to users.
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