Bitcoin mixer wiki

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As bitcoin is gaining momentum worldwide, digital money holders have become more aware about the anonymity of their affairs. Everyone used to believe that a sender can remain incognito while depositing their digital currencies and it turned out that it is untrue. Because of the implementation of government policies, the transactions are traceable meaning that a sender’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a crypto scrambler.

To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a completely different set. As a result, there is no way to track the transaction back to a user, so one can stay calm that identity is not disclosed.

As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These traces are essential for the government to track back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use accessible crypto mixers and secure sender’s identity. Many bitcoin owners do not want to inform everyone how much they earn or how they spend their money.

There is an opinion among some web surfers that using a mixing service is an criminal action itself. It is not completely correct. As outlined above, there is a possibility of crypto blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no reason to be concerned. There are many services that are here for bitcoin holders to mix their coins.

Nevertheless, a crypto holder should be careful while picking a crypto mixer. Which platform can be relied on? How can one be sure that a mixer will not take all the sent digital money? This article is here to answer these concerns and assist every crypto owner to make the right choice.

The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all aspects on which attention should be focused.

Surely all tumblers from the table support no-logs and no-registration rule, these are important aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to combine coins between the currencies which makes transactions far less trackable.

There is one feature that is not represented in the above table and it is time-delay. This feature helps a user and a transaction itself to remain anonymous, as there is a gap between the sent coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is necessary to consider each of them separately.

Based on the experience of many users on the Internet, Blender is one of the leading Bitcoin mixers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to send one currency and receive them in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.

One completely special crypto tumbler is ChipMixer because it is based on the completely another idea comparing to other mixers. A user does not just deposit coins to mix, but creates a wallet and funds it with chips from 0.03 BTC to 13.734 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.