what is wasabiwallet exchange?

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Wasabi Wallet is an open-source, non-custodial, privacy-focused Bitcoin wallet for Desktop that implements trustless CoinJoin. The code is on GitHub at where anyone can see, verify, and contribute to the project.

Wasabi Wallet is trustless by design, meaning neither the public nor the developers can breach your privacy. The coinjoin coordinator is run by zkSNACKS Ltd., the company that sponsors the development of Wasabi Wallet . The developers have gone to great lengths to ensure that the coordinator cannot steal nor breach the privacy of any participant. This can all be verified by examining the open-source code.

Wasabi Wallet strives toward establishing solid industry best practices and standards. It implements Hierarchical Deterministic wallets, address reuse avoidance, as well as mandatory coin labeling. When you run Wasabi for the first time, you will be prompted to generate a wallet. You have the option to create a new wallet, connect to a hardware wallet, import a wallet from a file, or recover a wallet with a 12 word seed.

When you generate the wallet, you will then be prompted to choose a unique name for it; choose a name that reflects the purpose of the wallet. WabiSabi was introduced in Wasabi Wallet 2.0 and improves upon the original ZeroLink protocol of Wasabi Wallet 1.0. WabiSabi is a novel communication protocol for creating bitcoin coin join transactions with arbitrary amounts, which provides more privacy at less cost for the user.