{"id":400701,"date":"2022-01-29T00:30:00","date_gmt":"2022-01-28T21:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/trezor-removes-controversial-address-verification-protocol-other-wallets-follow-suit\/"},"modified":"2022-01-29T00:30:00","modified_gmt":"2022-01-28T21:30:00","slug":"trezor-removes-controversial-address-verification-protocol-other-wallets-follow-suit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/trezor-removes-controversial-address-verification-protocol-other-wallets-follow-suit\/","title":{"rendered":"# Trezor removes controversial address verification protocol, other wallets follow suit"},"content":{"rendered":"<p>&#8220;<strong># Trezor removes controversial address verification protocol, other wallets follow suit  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvN2I2MjMxMzMtMjQ1Yy00OGVhLTk4ZGMtMDc3MDcyODEzYjk4LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Since 2019, Swiss financial crypto inter<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>ries have required proof of ownership of an external wallet&#8217;s address for Bitcoin withdrawals and deposits to their customers&#8217; non-custodial wallets. One automated mechanism used for this is the Address Ownership Proof Protocol, or AOPP. \u00a0<\/p>\n<p>The Trezor hardware wallet\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.trezor.io\/trezor-suite-and-trezor-model-one-firmware-updates-january-2022-4a77e4a07a5a\">introduced<\/a> AOPP signing as part of its latest January update last week, allowing users to generate signatures that conform to the\u00a0AOPP standard used in certain jurisdictions. On Jan. 28, Trezor <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.trezor.io\/a-decision-on-aopp-789540c2930b\">announced<\/a> that it will remove this protocol in the next Trezor Suite update\u00a0&#8220;after careful consideration of recent feedback.&#8221;<\/p>\n<p>Recent feedback refers to Reddit and Twitter users who were concerned that the use of AOPP signaled Trezor&#8217;s support for greater regulation and a disregard for a potential loss of privacy.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We will remove AOPP in our next Trezor Suite update in February.<\/p>\n<p>More on our decision: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/hMDenbdjcg\">https:\/\/t.co\/hMDenbdjcg<\/a><\/p>\n<p>\u2014 Trezor (@Trezor) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Trezor\/status\/1487091879883722755?ref_src=twsrc%5Etfw\">January 28, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n In a blog post explaining the removal, Trezor <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.trezor.io\/a-decision-on-aopp-789540c2930b\">admitted<\/a> it &#8220;underestimated how this feature would be received,&#8221; but that the company &#8220;welcomes public scrutiny.&#8221; The fact that it listened to its users and reacted so quickly demonstrates the power of social media sentiment.<\/p>\n<p>The hardware wallet maker\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.trezor.io\/buy-bitcoin-without-kyc-33b883029ff1\">claimed<\/a> it is against the regulations that concern AOPP, namely the data leak risks associated with using a stringent identification process like Know Your Customer, or KYC, to buy Bitcoin. The company clarified its intent:<\/p>\n<blockquote><p>&#8220;Our sole aim was to make withdrawal to self-custody easier for users in countries with strict regulation, but we acknowledge that more harm than good could be done in the end if this were viewed as proactive compliance with regulations we do not agree with.&#8221;<\/p><\/blockquote>\n<p>Other hardware wallets such as Sparrow Wallet, Samourai Wallet and BlueWallet\u00a0have also decided to follow Trezor and remove the automated protocol.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\u2705 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SparrowWallet?ref_src=twsrc%5Etfw\">@SparrowWallet<\/a> &#8211; Removing AOPP next release<br \/>\u2705 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/bluewalletio?ref_src=twsrc%5Etfw\">@bluewalletio<\/a> &#8211; Removing AOPP next release<br \/>\u2705 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Trezor?ref_src=twsrc%5Etfw\">@Trezor<\/a> &#8211; Removing AOPP next release<\/p>\n<p>Congrats to these projects for strength &amp; resolve to listen to the community. Congrats to the community who successfully made their desires known <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/RuqnxgbJfu\">https:\/\/t.co\/RuqnxgbJfu<\/a><\/p>\n<p>\u2014 Samourai Wallet (@SamouraiWallet) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SamouraiWallet\/status\/1487096159990685704?ref_src=twsrc%5Etfw\">January 28, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><em>Related:\u00a0Engineer hacks Trezor wallet, recovers $2M in &#8216;lost&#8217; crypto<\/em><\/strong><\/p>\n<p>While the AOPP protocol may not directly or negatively impact users of non-custodial wallets, decentralization and freedom are central tenets to the crypto community who values privacy. The main concern is that the implementation of AOPP may set a precedent for increased government influence and surveillance.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/trezor-removes-controversial-address-verification-protocol-other-wallets-follow-suit\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Trezor removes controversial address verification protocol, other wallets follow suit &#8221; Since 2019, Swiss financial crypto intermediaries have required proof of ownership of an external wallet&#8217;s address for Bitcoin withdrawals and deposits to their customers&#8217; non-custodial wallets. One automated mechanism used for this is the Address Ownership Proof Protocol, or AOPP. \u00a0 The Trezor&#8230;<\/p>\n","protected":false},"author":1,"featured_media":400702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvN2I2MjMxMzMtMjQ1Yy00OGVhLTk4ZGMtMDc3MDcyODEzYjk4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[15047,74862,75190,75820,86676,70934,74151],"class_list":["post-400701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-privacy","tag-bitcoin","tag-hardware-wallet","tag-trezor","tag-verification","tag-regulation","tag-switzerland"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/400701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=400701"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/400701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/400702"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=400701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=400701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=400701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}