UTXO Consolidation in Wasabi: Why Combining Coins Before Mixing Can Leak Your Identity
A Bitcoin user receives payments from several sources over weeks: a freelance payment here, a small sale there, perhaps a withdrawal from an exchange. Each arrives as a separate unspent transaction output (UTXO), sitting in their wallet as discrete, traceable units. The impulse to consolidate them before entering a CoinJoin round seems logical—fewer inputs mean
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