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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.

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[-] tusker@monero.town 7 points 6 months ago

All these years of wasted effort, they SHUM.

[-] 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

[-] Wave@monero.town 3 points 6 months ago

Yet another bunch of people converting their coins into XMR.

this post was submitted on 02 May 2024

16 points (100.0% liked)

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