Today, the privacy-conscious Bitcoin wallet Wasabi reports that it has made significant progress in the release of Wasabi Wallet 2.0.

Wasabi Wallet was established about three years ago, using CoinJoin to aggregate unspent transactions (UTXO) of multiple users into a single Bitcoin transaction. CoinJoin is a trustless process, which makes it difficult for third-party observers and even participants to track funds, and significantly reduces transaction fees. In order to protect the anonymity of users, Wasabi traffic passes through the Tor network by default, which is an online network that focuses on censorship and anonymity. 

Wasabi Wallet 2.0 aims to improve the user interface of the wallet and introduce a more efficient coinjoin framework, which the developers call WabiSabi.

“One of the biggest challenges is to develop software for people who are not just cypherpunks and who are very proficient in Bitcoin,” said CTO David Molner. 

"It is difficult for developers and contributors to see a bigger picture. Only by expanding our vision to include all future Bitcoin users, not just privacy advocates and cypherpunks, can we win the privacy war." 

Although the new user interface will allow users to access "civilian-friendly", frictionless and secure payments through Tor, WabiSabi has its own set of upgrades:

There is no set release date for Wasabi Wallet 2.0; however, the company has promised and released three milestones:

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As a leader in news and information about the future of cryptocurrencies, digital assets, and currencies, CoinDesk is a media organization dedicated to achieving the highest news standards and abiding by a strict editorial policy. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrency and blockchain startups.