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Author Topic: Bitcoin anonymity by mixing  (Read 2000 times)

Offline ivdo90

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Bitcoin anonymity by mixing
« on: September 08, 2021, 11:53:35 AM »
Anonymity of Bitcoin
If you think Bitcoin is an anonymous cryptocurrency… you are totally wrong. Despite the high level of anonymity of Bitcoin, you should understand that thanks to the blockchain technology, the use of crypto currency is also fairly transparent. Knowing where you expect the payment, or from which address you make it, outsiders can easily track the movement of your funds.
Many e-currency exchange points and crypto-exchange exchanges often require the verification of your identity, which will ultimately make your personal data public in varying degrees. Some people using Bitcoin are looking to get a real privacy and this is where bitcoin mixing service websites are useful.
What is Bitcoin Mixing?
Bitcoin tumbling, also referred to as Bitcoin mixing or Bitcoin laundering, is the process of using a third party service to break the connection between a Bitcoin sending address and the receiving address(es).
In other words, coin mixing services take your cash and give you new cash to your secret identity so that it remains secret.
Conclusions
It’s important that they be trusted. There’s no authority or government you can complain to if they run off with your coins. So if you like privacy and also want to protect your cryptocurrency from government tracking or tracing, Bitcoin mixer services are a good option.
Let’s look at the best services of Bitcoin mixing:

    1. BitMixer
    2. UltraMixer
    3. FoxMixer

FoxMixer (foxmixer.org)



Out of all the cryptocurrency mixing platforms out their, FoxMixer is one of the best there is. Aside from the fact that it performs the usual function of a Bitcoin mixer, it has other features that improve the Anonymity of their users in the Blockchain network. They even have the option to anonymized the IP address of the transaction originator and they also monitor the blockchain to prevent a transaction from gaining unnecessary attention. The only problem with FoxMixer is that it charges a fixed rate of 1% which is relatively higher than the flexible fees offered by other platforms.
Minimum Transaction: 0.002 BTC
Fees: 1% and 0.0007 BTC per output address
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: No
Tor mirror (ceihfls5mxs5cbtvyqyxhv2edxhhckadirnrv2jmketa53eky3ytflid.onion)

BitMixer (bitmixeṛ.com)



One of the oldest and most reliable services. BitMixer offers a unique service with a high degree of confidentiality, which will ensure the anonymity of your payments. This service is designed to be as intuitive as possible. The whole process of bitcoin anonymization should not take more than a few minutes. They also have a welcoming minimum deposit limit making it easy for those who want to experiment with the service to start mixing.
Minimum Transaction: 0.001 BTC
Fees: 0.5% and 0.0005 BTC per output address
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: Yes
Tor mirro: No

UltraMixer (ultramixer.net)



UltraMixer offers a unique service with a high degree of confidentiality, which will ensure the anonymity of your payments, by using the mixing of multiple Bitcoin addresses. Our system works quickly, reliably and with a small commission – only after the transfer and receipt of funds to the final address. Of course, all of the data about your transaction will be irretrievably deleted.
Minimum Transaction: 0.001 BTC
Fees: 0.5% - 3%  and 0.0002 BTC per output address
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: Yes
Tor mirror: No
« Last Edit: May 30, 2022, 10:09:47 AM by ivdo90 »

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Bitcoin anonymity by mixing
« on: September 08, 2021, 11:53:35 AM »

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Offline TomPluz

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Re: Bitcoin anonymity by mixing
« Reply #1 on: September 09, 2021, 09:18:18 AM »


Using the power of the blockchain technology, all the details of all the transactions in the Bitcoin network are recorded from day 1 and those records can be accessed by anyone...hence Bitcoin is called as pseudo-anonymous. Nobody can see your name as the owner of the BTC wallet but once there is an association established somewhere then there is nothing to hide anymore. And that is why we have mixing business offering those people who don't want their transactions to be tracked. Although there is a big possibility that soon countries can be outlawing this kind of service.

Offline BellaDyer

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Re: Bitcoin anonymity by mixing
« Reply #2 on: September 27, 2021, 12:29:06 PM »
Bitcoin currently creates only three different scriptSig/scriptPubKey pairs. It is possible to develop more complex types of transactions and put them together in a cryptographically obligated agreement. Such dealings in Bitcoin are called Contracts. The sender receives the recipient's public key (pub key) by communicating with it. When the amount of coins has been sent to the IP address, the recipient only has to provide a signature (sig). The signature is checked against the public key in scriptPubKey. To solve bitcoin privacy issues, a growing number of Bitcoin investors are turning to bitcoin mixers such as https://mycryptomixer.com/ [nofollow] to obfuscate their BTC transactions from malicious users and blockchain analytics companies.
« Last Edit: September 28, 2021, 08:18:08 AM by BellaDyer »

Offline Cryptoz

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Re: Bitcoin anonymity by mixing
« Reply #3 on: September 28, 2021, 11:53:37 PM »
This is the most popular way in order to make full anonymous of the Bitcoins that we have. Many people are using Bitcoin mixers in order to hide from where they get to where they send.
Today, there are also several services that provide Bitcoin mixers. ANd many more people are using this for the sake of privacy andanonimity.
AFAIK, I know Chipmixer that is very popular
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Offline TomPluz

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Re: Bitcoin anonymity by mixing
« Reply #4 on: October 08, 2021, 09:38:12 AM »
This is the most popular way in order to make full anonymous of the Bitcoins that we have. Many people are using Bitcoin mixers in order to hide from where they get to where they send. Today, there are also several services that provide Bitcoin mixers. And many more people are using this for the sake of privacy and anonymity. AFAIK, I know Chipmixer that is very popular

ChipMixer is actually the most popular of them all and the one that remains to be solid and standing despite its competitors in the past falling into the ground. I am not sure what can be the secrets why this outfit continues to be operating like a profitable business...maybe the management is really good and they are using the best technology to thwart any kind of threats. I used to be a part of ChipMixer ongoing bounty in the other forum and this one definitely pays well to its participants...until I was kicked because the BM is not agreeable to the way I am posting things. Oh well...just memories.


Offline tarano88

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Re: Bitcoin anonymity by mixing
« Reply #5 on: May 30, 2022, 10:13:10 AM »
Works, thanks

Offline notakarl

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Re: Bitcoin anonymity by mixing
« Reply #6 on: July 11, 2022, 09:37:09 AM »
Thanks

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Re: Bitcoin anonymity by mixing
« Reply #6 on: July 11, 2022, 09:37:09 AM »


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Re: Bitcoin anonymity by mixing
« Reply #7 on: July 19, 2022, 06:38:11 AM »
Mixing is not about anonymity, but more about hiding your money. There are many reasons on why you want to hide your money, for instance, because of oppressive government, criminal activities, etc., thus if you are an average joe without those "special cases," you might want to avoid mixing service because it won't do you any good.

Also, I have this uneasy feeling that these people operate mixing service will run with your money eventually since they are not regulated.
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Re: Bitcoin anonymity by mixing
« Reply #8 on: July 19, 2022, 08:20:02 AM »
Mixing is not about anonymity, but more about hiding your money. There are many reasons on why you want to hide your money, for instance, because of oppressive government, criminal activities, etc., thus if you are an average joe without those "special cases," you might want to avoid mixing service because it won't do you any good.

Also, I have this uneasy feeling that these people operate mixing service will run with your money eventually since they are not regulated.
I totally agree with you and I have always had these feelings that if I am not doing anything wrong why would I be having or wanting to have my bitcoins mixed to hide them from what? I see mixing services as helping some bad operators amongst the Bitcoin ecosystem to hide stolen Bitcoins or does it mean that those Bitcoins cant be mixed and made away with?



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Re: Bitcoin anonymity by mixing
« Reply #9 on: July 19, 2022, 07:03:25 PM »
I totally agree with you and I have always had these feelings that if I am not doing anything wrong why would I be having or wanting to have my bitcoins mixed to hide them from what?
Even if you are not doing anything wrong, some countries actually ban bitcoin and will punish you for even owning the coin. In this "special case" you don't want your bitcoin tracked back to you, or in other words, you want to anonymize it before you store it in your wallet.

I see mixing services as helping some bad operators amongst the Bitcoin ecosystem to hide stolen Bitcoins or does it mean that those Bitcoins cant be mixed and made away with?
Well, bitcoin is not an anonymous system, but pseudonymous so the record is in the blockchain forever. If bad actors use the mixing service to hide and launder money, he may or may not be successful, since complete anonymity requires more than merely using mixing service. If you are not a bad actor, using mixer will risk your coins "tainted" especially if the mixing method is not proper.
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Re: Bitcoin anonymity by mixing
« Reply #10 on: July 21, 2022, 11:43:24 PM »
Bitcoin is more Pseudonymous, not anonymous.
Btw, related to Bitcoin mixing, yes this is the most used way to mix and make the Bitcoin an unknown address. With the mixer services, we will not know where the coins are coming from.
In my opinion, the most popular is the Chipmixer.

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Re: Bitcoin anonymity by mixing
« Reply #11 on: August 16, 2022, 09:20:19 AM »
Unfortunately blender closed

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Re: Bitcoin anonymity by mixing
« Reply #12 on: August 19, 2022, 08:51:31 AM »
This is the most popular way in order to make full anonymous of the Bitcoins that we have. Many people are using Bitcoin mixers in order to hide from where they get to where they send.
Today, there are also several services that provide Bitcoin mixers. ANd many more people are using this for the sake of privacy andanonimity.
AFAIK, I know Chipmixer that is very popular
Since this is the simplest and most common way to hide the source of obtaining cryptocurrency, which is often used for illegal purposes, states are very negative about such mixers. Most likely, soon they will take measures to ensure that they are banned. I have not used mixers and I think that their services are unlikely to be useful to me.

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Re: Bitcoin anonymity by mixing
« Reply #13 on: August 31, 2022, 03:20:48 AM »
Bitmixer is one of the most reliable service of bitcoin. It provides a unique service. There is a welcome minimum deposit limit. One who has to make a seat in front of everyone. And who want to start mixer service. It's a good idea to join bitcoin mixing platform Fox Mixer. There are some special ones in this. Which improves the anonymity of its users in the block chain network. There is a case with focusmixture. that it pays a fixed fee of 1%.

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Offline Mayajal

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Re: Bitcoin anonymity by mixing
« Reply #14 on: September 01, 2022, 11:19:33 AM »
Bitcoin mining is the process of using powerful computers to verify transactions on the blockchain. Mining companies, which are usually large operations that utilize server farms and use a lot of energy, are rewarded with newly minted Bitcoin.

 

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