Urgent Privacy Warning from Edward Snowden to the Bitcoin Community!
*Edward Snowden, famous whistleblower, issued an urgent warning to the Bitcoin community about privacy at the protocol level
*This warning came after Wasabi Wallet announced that it would stop its coordination service in June 2024, and this decision raised significant concerns in the crypto space
*Snowden continues his long-standing defense of advanced privacy features in Bitcoin's underlying infrastructure
Edward Snowden is issuing an urgent warning to the Bitcoin community about protocol-level privacy following Wasabi Wallet's decision to discontinue its coordination service
Famous whistleblower Edward Snowden, who revealed mass surveillance programs, issued an important warning to the Bitcoin community. He argues that addressing privacy at the protocol level is running out of time. This warning is in response to Wasabi Wallet, a leading player in Bitcoin privacy solutions, announcing that it will discontinue its coordination service as of June 1, 2024
This decision, attributed to the company zkSNACKs, caused great concern in the crypto space. This decision affects people using other wallet clients connected to the zkSNACKs coordinator, these wallets include Trezor Suite and BTCPayServer. Despite the termination of the Coinjoin coordination service, Wasabi Wallet will continue to function as a BTC wallet with reduced privacy features
Snowden expressed genuine sadness upon hearing this news and suggested that Wasabi Wallet might explore options for implementing a decentralized coordinator or alternative configurations to maintain privacy protections. He emphasized the importance of urgently integrating protocol-level privacy measures into the Bitcoin protocol and has advocated for this critical development for years.
The well-known privacy advocate has long been a vocal advocate for increasing privacy in cryptocurrencies. Snowden has emphasized over the years the need to integrate advanced privacy features into Bitcoin's underlying infrastructure to protect users' financial sovereignty.
