19.3 Why did Tumblebit fail? || Dan Gould
Wasabi Wallet
Tumblebit failed because Stratus attempted to implement it as desktop software but refused to run the coordinator infrastructure, which proved fatal to the protocol's viability. The hesitation stemmed from regulatory uncertainty—before the 2019 FinCEN guidance, the legal distinction between anonymizing software (non-regulated) and anonymizing money services (regulated) was unclear. The guidance es

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