Wasabi steals 0.3% of all customer funds about walletwasabi HOT 7 CLOSED

Several things here:

• It's not true, and it's not written anywhere, neither in the documentation nor in the software, that Wasabi will tax 0.3% on all transactions. This fee is only applicable for using the coinjoin coordination service, and not for outbound transactions as you're suggesting.
• You can click on a button on your wallet screen to disable this feature. You have more than enough time to do it. If you do this, you will never be charged a dime for using Wasabi, there is no hidden fees.
• The coinjoin service is the main value of Wasabi, it's a really powerful and fairly priced service. Most of users download the Wallet because they want to use this service. In that regard, it makes sense to have it enabled by default (remember that you have more than enough time to disable it).
• At this point, you had accepted terms and conditions that clearly explain the fee required for using the coinjoin service. In addition to the explanation on this screen.
• Currently, when you restore a seed phrase, the coinjoin feature will be enabled automatically (with enough time to disable it). But in the next release, it will be disabled for the first launch of the software.
• This fee is because a service is provided. A service that requires a legal entity, and diverse costs for zkSNACKs, the company providing it. But if you want to create your own fork of Wasabi, providing the service for free, all the code (backend + client) is available on this repo and completely open-source, even if it represents hundreds of thousands of working hours.
• If you think there is an issue in the documentation, please open the issue in the documentation repo: https://github.com/zkSNACKs/WasabiDoc
• If you think that there is an issue with the software, please provide a concise description of the problem that is actionable on our part to fix it, which is not done here
• If you do not want to use the software, or see no value in the coinjoin service and prefer to use Bitcoin tainted with your personal information, feel free to do so. Nothing forces you to use the software or the service.

For all these reasons, I'm closing this issue. Thank you for your feedback.

from walletwasabi.

Your response, and a basis for your closing this issue is that I can "disable this".

In fact no, my basis for closing this issue is that:

• Your description is non-actionnable.
• You were disrespectful in your message.

A potential solution here is to Add an extra button on the above screenshot that says "no I don't want this".

So now this is an actionable item, I opened an issue about it: #12280

FYI, Wasabi is the only Bitcoin wallet that works on Mac Apple Silicon and doesn't require downloading 0.5 TB of data. I expect this to be a mainstream application. And not limited to people who want mixing.

I have a Mac Silicon, and Electrum works perfectly well. BlueWallet as well, both are light clients. I still suggest you OFC to use wasabi, even without the coinjoin service, for network level privacy, which the other 2 wallets are not providing. It is indeed not limited to people that wants to mix, and won't be bothered about coinjoin after a click of 1 button directly on the main view of the software.

from walletwasabi.

I mean no disrespect here, sorry if it came across otherwise.

I find wallets that sign messages on my behalf in an automatic, compulsory way to be offensive. And I think "tell ten friends not to use this" is the appropriate acton for that—if that's what's going on.

Happy to reset the discussion on the other issue.

from walletwasabi.

Before reaching this screen I did not agree to any fees. This screen is the first introduction of the fee.

The sentence on the screen is:

"Wasabi... automatically starting... for a fee..."

Therefore this means that when clicking any button I immediately agree to lose 0.3% of funds.

Your response, and a basis for your closing this issue is that I can "disable this". That claim is not supported by this text on the screen that I quoted above in this issue.

If I have agreed to lose 0.3% of funds "automatically starting" then my funds are already gone. If the next screen allows to disable this then the funds are already gone.

Disabling later is not acceptable if you like keeping all your Bitcoin.

What's worse is that in this stage of the set up process I don't even know how much funds I have in the wallet that I am agreeing to give up a percentage of.

FYI, Wasabi is the only Bitcoin wallet that works on Mac Apple Silicon and doesn't require downloading 0.5 TB of data. I expect this to be a mainstream application. And not limited to people that want mixing.

Thank you for sharing. I do appreciate the effort that is going into coinjoin. The fee seems reasonable. And I might even like to use it. In this issue, I am only offended that using it is compulsory and immediate when importing a wallet.

Importing wallets is already stressful enough (ever heard of a 17-word mnemonic?)

A potential solution here is to Add an extra button on the above screenshot that says "no I don't want this".

from walletwasabi.

Also, just FYI, I see you have Rosetta 2 installed on your computer. This means you are actually running x86-64 software on your computer.

Some people choose to not install Rosetta 2 and only run Apple Silicon software, for reasons.

I would like to use Wasabi because it looks like an active project, and am subscribed on this issue as a blocker. Another blocker is importing 13-word seeds, 17-word seeds and many other ridiculous kinds of wallets collected over the years. Will deal with that when the time comes :-)

from walletwasabi.

13 words seeds are supported, in fact all wallets in wasabi with a password are 13 words seed.
Just use the 13th word as the password

Rosetta 2 installed on your computer. This means you are actually running x86-64 software on your computer.

You are right, electrum is x86-64, my bad, but BlueWallet is compatible Silicon

If you need any kind of support please open a discussion, this is our main support channel
https://github.com/zkSNACKs/WalletWasabi/discussions

from walletwasabi.

Thank you. And yes, will discuss the seed woes on proper channel.

from walletwasabi.