Lamassu, a bitcoin / crypto ATM provider, announced that it has taken advantage of Zcash’s privacy capabilities by introducing the ability for Lamassu ATM customers to receive ZEC directly in wallets with shielded ‘Z addresses’. In addition, users can send money from a foreclosed address to a Lamassu ATM to cash out with any of the above wallets; preventing the leakage of data from their past spending and saving habits.
“A user of our machines deserves the same protection from unnecessary surveillance as with the money they used to buy, or the money they would get from selling their coins. Using a foreclosed address gives ATM users this protection from data exposure while holding and spending their newly acquired digital money in their daily lives. “
– The Lamassu team
The Lamassu team offers its operators free and open software that is decentralized from the company and over which the ATM operators retain full control over their data. By inheriting the privacy-protecting features of coins supported on the ATMs, this control is also extended to users.
To take advantage of this feature, Lamassu operators will need to update to the latest software version, Electric Enlil v7.5, along with updating their zcashd wallets to allow shipping to Z addresses. Users of updated machines whose operators offer ZEC can use wallets such as Nighthawk, Zecwallet or Unstoppable to receive foreclosed funds.
“We are delighted that Lamassu has added support for shielded Zcash. This update ensures that Lamassu’s users have a way to securely manage their assets without leaking personal information, ”he said. Financial privacy is a human right and we are happy to work together to support this mission. “
– Andre Serrano from the Electric Coin Company