The Trezor team plans to expand the functionality of its cryptocurrency wallets by adding BTC transaction mixing.
Wasabi Wallet representatives announced a partnership with the hardware wallet maker Trezor to integrate its CoinJoin BTC transaction anonymization technology into wallet functionality.
The CoinJoin protocol allows mixing BTC transactions, complicating owner identification and thereby increasing the privacy of transfers. Trezor plans to add such a feature to the functionality of its hardware wallets in 2023. Transfer mixing will take place via the Trezor Suite app, with CoinJoin being deployed there.
Trezor’s announcement comes amid growing community dissatisfaction with U.S. sanctions against the crypto mixer Tornado Cash. Wasabi Wallet representatives argue that the need to anonymize transactions becomes increasingly apparent given the inappropriate attacks from regulators on Web 3.0 privacy.
A recent study by Research And Markets proved that the hardware wallet industry can grow at an average annual growth rate of 27% over the next five years. And despite the bear market, Trezor has already seen a significant surge in interest in its devices.
