After years of relentless dedication to improve Bitcoin’s privacy, zkSNACKs, the company pioneering the development of Wasabi Wallet, is shutting down its coinjoin coordination service, effective June 1st, 2024.

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[–] tusker@monero.town 7 points 6 months ago (1 children)

All these years of wasted effort, they SHUM.

[–] shortwavesurfer@monero.town 4 points 6 months ago (2 children)

It is really sad to see the wasted effort, but eventually people realize they made a mistake and end up on the correct path.

[–] tusker@monero.town 5 points 6 months ago (1 children)

Better late than never, but it would have been much better if these skilled people worked on a proper DEX or something useful all this time instead of BTC "privacy" non-sense.

[–] shortwavesurfer@monero.town 5 points 6 months ago

Oh absolutely. These people were just far too optimistic and got brutally disproven because of it.

[–] blake@monero.town 1 points 6 months ago* (last edited 6 months ago)

they got something done - how many people got a good service out of coinjoins?

plus they likely awoke many to the problem of ensuring privacy online - particularly in finance, and particularly in crypto

PS: This is good for Monero - sweats profusely