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zkSNACKs: Blacklists Set Up to Keep Bitcoin Privacy Tech Alive

By WebsCryptoMarch 29, 20221 Min Read
zkSNACKs: Blacklists Set Up to Keep Bitcoin Privacy Tech Alive
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The zkSNACKs official blog posted today that two weeks ago, zkSNACKs, the company that sponsored the development of Wasabi Wallet, announced that it would deny certain UTXO registrations to coinjoins coordinated by the company. The facility blacklist is to achieve the larger goal of making the best Bitcoin possible. Privacy technology survives.

It’s not advisable to set up a blacklist, but it’s a small price to pay for the future of Bitcoin privacy. zkSNACKs emphasized that the blacklist was not meant to ban Russians, and to ensure the survival of the project, the company chose to behave in a way that society demands, even if it is not philosophically aligned with it.

Wasabi Wallet’s anonymity technology led to legal challenges that forced the company to choose between ceasing operations or introducing a blacklist. Without the zkSNACKs company, it would be more difficult to continue funding the developers working on Wasabi 2.0.

Therefore, in order to keep the project uninterrupted, the company chose to introduce a blacklist. Earlier news, CoinJoin, the currency mixing service of Wasabi Wallet, blacklisted bitcoins related to illegal activities.

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