On Monday, Wasabi Wallet and open source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coin-merging coordination protocol, allowing traders to benefit from improved privacy. By activating the newly released plugin, all funds that merchants receive and send will be joined or combined with other bitcoin transactions.
New Btcpay Server Plugin Aims to Harden Bitcoin Privacy
According to a advertisement from the privacy-focused bitcoin wallet platform Wasabi wallet and bitcoin payment processor btcpaymerchants now have the ability to obfuscate their inputs and outputs Bitcoin (BTC) proceedings.
The technology comes in the form of a new plugin for Btcpay, which was developed by Andrew Camilleri and is based on Wasabi Wallet’s Wabisabi coin-merging coordination protocol. The Btcpay plugin scheme “protects the privacy of all your incoming and outgoing transactions by preventing sensitive information about your store’s payment history from leaking to outside parties,” Wasabi explained in a summary sent to Bitcoin.com News.
“Btcpay Server was created to empower individuals and businesses to take back their financial sovereignty,” Kukks, the developer of the Btcpay Coinjoin Plugin, said in a statement. “The Wasabi Wallet team and I are proud to offer even more privacy protection with this new coinjoin feature. I believe that financial privacy is a fundamental human right, this feature is my contribution to that cause.”
The announcement details that all Btcpay Server merchants can use the coinjoin process with a liquid coordinator provided by Zksnacks, the firm behind Wasabi Wallet. Additionally, Btcpay Server admins can start their own coinjoin coordinators on their own terms if they choose not to use the Zksnacks coordinator. The two firms further mentioned that the new coinjoin service also provides a payment batching feature that saves block space.
“It made sense to include an optional coin join plugin with the most sophisticated privacy enhancement tool for bitcoin.” Max Hillebrandsaid the Wasabi Wallet contributor and Zksnacks CEO. “As a coinjoin protocol, Wabisabi has been designed with merchants in mind, allowing payments within a coinjoin and optimizing the use of block space to save on fees.”
Btcpay is not the only company that has collaborated with Wasabi and introduced privacy-enhancing coin-merging technology. In September 2022, Trezor announced that it would add a coinjoin implementation to the company’s hardware wallet.
What do you think about the new Btcpay Server plugin and its potential impact on improving bitcoin privacy for merchants? Let us know your thoughts in the comments section below.
image credits: Shutterstock, Pixabay, Wiki Commons, Editorial Photo Credit: Btcpay
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