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How to use Whirlpool in Sparrow Wallet for Increased Bitcoin PrivacyCoinjoin is an optional tool that enhances privacy in bitcoin transactions: when bitcoin users conduct transactions with one another using coinjoin, they. CoinJoin is an essential technology that increases user privacy and Bitcoin's fungibility as it allows users to combine numerous payments into one transaction. Hardware wallet firm Trezor has introduced the privacy-enabling CoinJoin feature by collaborating with the noncustodial Wasabi Wallet.