Categories: Bitcoin Latest News

BTCPay Server Adds WabiSabi CoinJoin Plugin, Giving Option For Increased Privacy For Merchants

Merchants using BTCPay Server will now be able to protect their privacy using Wasabi Wallet’s CoinJoin coordination protocol.

Bitcoin payment processing software BTCPay Server has added a CoinJoin plugin for its merchants, allowing them to retain privacy while managing their stores. Stores that activate the Wasabi Wallet-based WabiSabi CoinJoin coordination protocol will be able to automatically CoinJoin all of the bitcoin they receive.

A CoinJoin is when two or more people combine their transactions into one transaction, in such a way that it is unclear who owns which coin after the transaction.

The plugin, developed by Andrew Camilleri, also offers a payment batching in CoinJoin feature, allowing users to pay addresses directly within a CoinJoin transaction. This will save block space and enhance privacy compared to making a payment in two steps, states the press release sent to Bitcoin Magazine.

The BTCPay Server plugin also includes a coin selection interface that lets merchants spend their coins based on their gained anonymity scores. By using the WabiSabi CoinJoin protocol, merchants can perform arbitrary amount CoinJoins rather than fixed denomination CoinJoins, reducing the amount of non-private change users receive and making payments inside the CoinJoin possible.

“BTCPay Server is the most sophisticated merchant payment processing software for bitcoin. It only made sense that it would include an optional CoinJoin plugin with the most sophisticated privacy-enhancing tool for Bitcoin,” said Max Hillebrand, Wasabi Wallet contributor and CEO at zkSNACKs. Users can access a dashboard to assess the level of privacy of their wallets and the details on the current CoinJoin transaction they are participating in, and gain additional insights and control with coin selection in and out of CoinJoin transactions.

All BTCPay Server merchants can now utilize the new CoinJoin feature. They can choose to CoinJoin for a fee with a coordinator provided by zkSNACKs, and all BTCPay Server admins can spin up their own CoinJoin coordinators using their own terms, built upon Wasabi Wallet’s WabiSabi CoinJoin protocol. If users run their own coordinator, the BTCPay Server Plugin also offers an optional revenue-sharing feature that donates a percentage of proceeds to the HRF and OpenSats foundations.

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

Here’s Why Bitcoin’s Reaction To Fed Policy Turns Bearish After Each FOMC Update

The Bitcoin’s behavior around US Federal Reserve announcements has become one of the most consistent…

5 hours ago

Bitcoin Falls Below $90,000 As Vanguard Exec Struggles With Bitcoin Value

Bitcoin Magazine Bitcoin Falls Below $90,000 As Vanguard Exec Struggles With Bitcoin Value  The bitcoin…

8 hours ago

Why Trump Should Pardon The Developers of Bitcoins Non Custodial Samourai Wallet

Bitcoin Magazine Why Trump Should Pardon The Developers of Bitcoins Non Custodial Samourai Wallet On…

9 hours ago

Fed Cut Lights The Fuse: Bitcoin Rebounds And Bulls Predict More Upside

Crypto markets saw a modest lift after the US Federal Reserve made another move on…

10 hours ago

Sangha Renewables Energizes 20 MW Bitcoin Mining Facility in West Texas

Bitcoin Magazine Sangha Renewables Energizes 20 MW Bitcoin Mining Facility in West Texas Sangha Renewables…

10 hours ago

Bitcoin Plunges Below $90K as AI Worries Drag Nasdaq, Crypto Stocks Down

Chipmaker Broadcom's 10% slide weighs on the market as Chicago Fed's Goolsbee signals more cuts…

11 hours ago