BPOI Banner
Samourai Wallet Forked Into Ashigaru, Promising Better Privacy With Decentralized Tools Samourai Wallet Forked Into Ashigaru, Promising Better Privacy With Decentralized Tools

Samourai Wallet Forked Into Open-Source Project Ashigaru

On September 20, a group of developers announced the launch of the Ashigaru Open Source Project, a fork of the privacy-focused Bitcoin wallet, Samourai Wallet.

Ashigaru aims to continue developing privacy tools while addressing the limitations imposed by centralized components, following the legal troubles faced by Samourai’s original development team.

The Samourai Wallet Case: A Backdrop for Ashigaru’s Creation

According to its website, this new project is rooted in open-source principles and focuses on decentralization. Ashigaru’s developers also aim to ensure that anyone can participate in secure, anonymous commerce.

“We believe anyone should be able to engage in peaceful, voluntary, and private commerce on the internet without tracking, surveillance, or censorship,” they asserted.

Read more: What Is a Non-Custodial Wallet?

Ashigaru introduces new features and a community-driven approach to keep privacy tools accessible in the current regulatory settings. It strives to create tools that allow users to transact securely without relying on centralized nodes or infrastructure.

The developers explained that their software “will always maintain a low barrier to entry” and remain “non-discriminatory.” They also emphasized that it will “never expose users to counterparty risk” and will offer maximal protection for those transacting on a public blockchain.

Furthermore, the development team has implemented several technical enhancements. These improvements include the use of Dojo nodes, which enable users to transact directly on the Bitcoin blockchain without compromising their anonymity.

The decision to fork Samourai Wallet came in response to the legal actions taken against its founders in April 2024. The US Department of Justice (DOJ) charged Samourai Wallet’s developers, including founder Keonne Rodriguez, with operating an unlicensed money-transmitting business and facilitating illegal transactions. In its charge, the DOJ alleged that the wallet has enabled over $100 million in criminal proceeds to be laundered through its services.

Following Rodriguez’s and fellow developer William Lonergan Hill’s arrests, US authorities also seized Samourai’s operational infrastructure. This action included shutting down its app on the Google Play Store.

Read more: Top Web3 Privacy Challenges & How to Overcome Them

In the latest development, Rodriguez was denied changes to his bail conditions during a hearing last week. The court’s decision came after prosecutors presented evidence suggesting that Rodriguez had prepared an escape plan.

Rodriguez’s legal representatives contended that the notes in question were components of a broader plan for emergency preparedness. However, the prosecution maintained that they were proof of an active escape plan. As a result, Rodriguez remains under house arrest, awaiting further court proceedings.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Source link

Lynn Wang

https://beincrypto.com/ashigaru-samourai-wallet-fork-bitcoin-privacy/

2024-09-23 04:01:37

bitcoin
Bitcoin (BTC) $ 91,426.50 2.92%
ethereum
Ethereum (ETH) $ 3,123.59 0.92%
tether
Tether (USDT) $ 1.00 0.23%
solana
Solana (SOL) $ 219.54 3.22%
bnb
BNB (BNB) $ 624.51 0.04%
xrp
XRP (XRP) $ 0.995177 23.79%
dogecoin
Dogecoin (DOGE) $ 0.379053 0.94%
usd-coin
USDC (USDC) $ 1.00 0.12%
staked-ether
Lido Staked Ether (STETH) $ 3,119.80 0.92%
cardano
Cardano (ADA) $ 0.725428 21.90%
tron
TRON (TRX) $ 0.191714 5.42%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 5.82%
avalanche-2
Avalanche (AVAX) $ 34.77 7.42%
the-open-network
Toncoin (TON) $ 5.44 2.55%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 91,122.41 3.05%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,689.43 1.20%
sui
Sui (SUI) $ 3.78 12.12%
pepe
Pepe (PEPE) $ 0.000022 4.82%
weth
WETH (WETH) $ 3,124.88 0.98%
chainlink
Chainlink (LINK) $ 14.14 5.05%
bitcoin-cash
Bitcoin Cash (BCH) $ 437.02 3.16%
polkadot
Polkadot (DOT) $ 5.30 7.05%
near
NEAR Protocol (NEAR) $ 6.23 9.87%
leo-token
LEO Token (LEO) $ 7.73 3.52%
litecoin
Litecoin (LTC) $ 87.50 5.76%
aptos
Aptos (APT) $ 12.32 2.94%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,288.56 1.00%
uniswap
Uniswap (UNI) $ 8.85 7.21%
usds
USDS (USDS) $ 0.99519 1.01%
stellar
Stellar (XLM) $ 0.153355 15.91%
crypto-com-chain
Cronos (CRO) $ 0.168114 1.75%
internet-computer
Internet Computer (ICP) $ 9.16 12.63%
bittensor
Bittensor (TAO) $ 528.92 3.00%
dogwifcoin
dogwifhat (WIF) $ 3.77 2.33%
kaspa
Kaspa (KAS) $ 0.147102 13.30%
ethereum-classic
Ethereum Classic (ETC) $ 23.75 6.42%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.31 3.94%
hedera-hashgraph
Hedera (HBAR) $ 0.089007 27.35%
dai
Dai (DAI) $ 1.00 0.01%
whitebit
WhiteBIT Coin (WBT) $ 22.29 0.18%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.20%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.400516 9.90%
blockstack
Stacks (STX) $ 1.95 6.15%
bonk
Bonk (BONK) $ 0.000042 10.92%
render-token
Render (RENDER) $ 7.14 5.27%
monero
Monero (XMR) $ 149.36 1.89%
okb
OKB (OKB) $ 44.12 1.26%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.20%
filecoin
Filecoin (FIL) $ 4.26 7.65%
aave
Aave (AAVE) $ 168.58 3.30%