zkSNACKs, the company behind the Wasabi wallet, will bar certain bitcoin (BTC) transactions from its service that facilitates privacy-enhancing transactions known as CoinJoins, according to a tweet under the Wasabi Wallet Twitter handle.
A Wasabi developer said the move was necessary to prevent hackers and scammers from using the service and to keep the company out of unspecified “trouble” (presumably the legal kind). The move underscores the challenges faced by centralized companies that provide services built to facilitate interaction with a decentralized ecosystem. It also serves as a reminder that fungibility – the quality that makes any unit of a currency interchangeable with another – is hard to maintain with bitcoin’s auditability.
