2024

Bitcoin

<h4><strong>This decision is a response to their partner ceasing to provide the service that powers <a href="https://en.bitcoin.it/wiki/CoinJoin" target="_blank" rel="noopener">Coinjoin</a>. </strong></h4> 
<p>This impacts the feature’s operational capabilities within the Trezor ecosystem.</p> 
<h4><strong>Coinjoin Feature to Cease in Trezor Suite by June 2024</strong></h4> 
<p>Coinjoin has been an essential part of the privacy toolkit for Trezor users. It enhances transaction privacy by combining multiple coins from different users into a single transaction. This method significantly hampers the ability of outside observers to trace transaction histories or pinpoint the source of funds.</p> 
<p>The discontinuation marks a significant shift in Trezor’s service offerings. However, the company has reassured its users that this decision does not affect their commitment to user <a href="https://www.altcoinbuzz.io/?s=privacy" target="_blank" rel="noopener">privacy</a>. In a statement, Trezor expressed deep regret about this necessary decision, emphasizing their continued priority on user privacy and security.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Coinjoin in Trezor will be shut down by 1st June 2024.</p> 
 <p>We deeply value the privacy of our users, and it is with great regret that we must announce the discontinuation of the Coinjoin feature for Trezor Suite by 1st June latest, as our partner will no longer provide this service.… <a href="https://t.co/KgyWIdtV6v">https://t.co/KgyWIdtV6v</a></p> 
 <p>— Trezor (@Trezor) <a href="https://twitter.com/Trezor/status/1786126207924252979?ref_src=twsrc%5Etfw">May 2, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>For users concerned about the accessibility of their fund’s post-Coinjoin discontinuation, Trezor has confirmed that all funds within users’ Coinjoin accounts will remain fully accessible. The transition is set to be smooth, with no action required from the users to transfer or secure their funds before the discontinuation date.</p> 
<p>As the June 1, 2024, deadline approaches, Trezor advises all users currently utilizing the Coinjoin feature to keep informed about the updates and guidelines that will be released in the coming months. These updates will include detailed instructions and support resources to assist users during this transition phase.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/trezor-to-discontinue-coinjoin-feature-by-june-2024/">Trezor to Discontinue Coinjoin Feature by June 2024</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Trezor to Discontinue Coinjoin Feature by June 2024

Altcoin Buzz

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