TL;DR

• Trezor - the company known for cold wallets (or, wallets that can be disconnected entirely from the internet) - has partnered with Bitcoin privacy firm, zkSNACKs, to offer CoinJoin to their Model T hardware wallet.

• People may want to protect their personal information; or their financial information; they may not want the potential to be censored or restricted by governments or financial institutions; or maybe it's just for peace of mind.

• Either way, this new partnership may be the strongest form of protection from hacks we've seen to date.

Full Story

We have no affiliation with either company mentioned in this article, we just think this technology is rad!

Trezor - the company known for cold wallets (or, wallets that can be disconnected entirely from the internet) - has partnered with Bitcoin privacy firm, zkSNACKs, to offer CoinJoin to their Model T hardware wallet.

CoinJoin is a mixing service. It takes multiple BTC payments, from multiple spenders, to create a single transaction whose history is almost untraceable.

(Kind of like throwing a bunch of identical coins in a jar and shaking it).

Per Trezor’s press release: "Users simply click on the 'anonymize' button...and the rest of the CoinJoin process is automated and requires no active user participation."

CoinJoin charges a small fee - et voilà - your BTC transactions, stored on your Trezor Model T, now have increased privacy.

"Don't only criminals use services like this?" we hear you ask.

That’s certainly a hot button issue - but there are plenty of reasons why people want to keep their BTC transactions private.

People may want to protect their personal information; or their financial information; they may not want the potential to be censored or restricted by governments or financial institutions; or maybe it's just for peace of mind.

Either way, this new partnership may be the strongest form of protection from hacks we've seen to date.

And that's a good thing.