I think most people do the same, holding Bitcoin for a rainy day. That’s why you need a mixer like this to do it once and lose traces.But since stablecoins are used more often in everyday life, I think creating a mixer for altcoins is much more relevant.
As you probably noticed, Unijoin has plans to add mixing for altcoins like ETH, LTC, and USDT. So we can only wait for it to appear on the Unijoin site. Personally, I think that LTC mixing may be popular because the LTC network has the MWEB feature, but at the same time, I am somehow skeptical about USDT mixing because the smart contract of this stablecoin allows Tether to blacklist any addresses.
I like the idea of having a mixer that will provide service for ETH after the arrest of the Tornado Cash owner and the blacklist of their website.
Out of curiosity, is there a link to the Unijoin announcement regarding the creation of a mixing service that will support ETH, LTC, and USDT?
Because the last time I checked Tether had frozen at least a 500Million USD worth of USDT to assist law enforcement authorities with a money laundering case so I think it will be hard for a crypto mixer to avoid the same scenario unless there's a decentralized stablecoin they can add to their service.
I am Also impressed too, although I am a core Bitcoin enthusiast but still I think crypto is an open space and everyone is free to explore the varieties of coins available, and Ethereum is arguably the next most famous crypto coin aside Bitcoin.
I think this offer would increase the adoption of cryptocurrency because there are holders of altcoins who are looking for ways to perform anonymous transactions and. A mixing services that supports those altcoin would make their lives easier for them.
But do you think that there may be some negative side as we know performing transactions on the Ethereum network fees are very high here, would the fees using an Ethereum mixer be even higher than it's normal transactions? If so people can just convert to Bitcoin and mix the Bitcoin.