[ANN] Mixero.io | Best Bitcoin Mixer | Extra Layer of Privacy by XMR Bridge

[examplens]

There seems to be a problem with the calculator we will fix the problem ASAP, fees are set at 0.5% + miners fees for each hops.

Edit: The calculator problem has been solved.

Yes, it looks different. It is good to see the efficiency.

miners fees for each hops.

The mining fee depends on the network status, not the fixed network fee that mixers have per address, right?
I have information from earlier that the fee structure on Mixero is: Service fees 0.7%-4.7% + Network fee (per address): 0.0003BTC (now also per hop)
Is this correct and also valid for the new ricochet option?

[Mixero.io]

There seems to be a problem with the calculator we will fix the problem ASAP, fees are set at 0.5% + miners fees for each hops.

Edit: The calculator problem has been solved.

Yes, it looks different. It is good to see the efficiency.

miners fees for each hops.

The mining fee depends on the network status, not the fixed network fee that mixers have per address, right?
I have information from earlier that the fee structure on Mixero is: Service fees 0.7%-4.7% + Network fee (per address): 0.0003BTC (now also per hop)
Is this correct and also valid for the new ricochet option?

Ricochet fees are deducted only once (0.5%) and there are no additional charges. To sum up, there are no fees between each jump, with the exception of mining fees.

[BitcoinGirl.Club]

Ricochet fees are deducted only once (0.5%) and there are no additional charges. To sum up, there are no fees between each jump, with the exception of mining fees.

I am not familiar with this Ricochet thing. There are no explanation on the site too. Is this a new mixing method? What is this Hops too which is related to Ricochet?

[NotATether]

Ricochet fees are deducted only once (0.5%) and there are no additional charges. To sum up, there are no fees between each jump, with the exception of mining fees.

I am not familiar with this Ricochet thing. There are no explanation on the site too. Is this a new mixing method? What is this Hops too which is related to Ricochet?

Ricochet transactions were invented by Samourai Wallet some time ago and it's basically when you add a lot of "decoy transactions" at the beginning and at the end of the real transaction to confuse chain analysis into thinking that they are all somehow related until eventually the graph becomes too big to fit into memory.

I imagine that hops are related to the number of such fake transactions.

The samourai docs website still works (without HTTPS) and you can read it here: https://docs.samourai.io/en/wallet/features/ricochet

[hugeblack]

Ricochet fees are deducted only once (0.5%) and there are no additional charges. To sum up, there are no fees between each jump, with the exception of mining fees.

1) I can't recalculate the fees after clicking on proceed button and before sending the coins.
2) How does the system work in case of zero confirmations?


In addition, an infographic would be useful.


Overall, it's a good service as sometimes I create multiple intermediate wallets before sending the coins to the final destination, so providing this service with such low fees would be very useful.


I hope to add it to the 50th week celebration of the advertising campaign.

[Mixero.io]

We're going to add the calculator function to the order page too. If you use the 0 confirmations option, the funds won't wait for any specific confirmation before moving on to the next address. Funds with this option usually arrive within 5-10 minutes with the 5 hops option.

[Wiwo]

We're going to add the calculator function to the order page too. If you use the 0 confirmations option, the funds won't wait for any specific confirmation before moving on to the next address. Funds with this option usually arrive within 5-10 minutes with the 5 hops option.

Exciting development at least the calculator function will help solve alot of maths in the process of inputting the amount of bitcoin the user intended to mix, what I need clarity on is that, are you guys going to develop the calculator in the way that both amount of input and the fees intended for the mixing and the outcome that is the expected total amount to return after the mixing process have been completed, this will help a whole lot to ease the stress and give your mixer users insight of what to expect.

[hugeblack]

If you use the 0 confirmations option, the funds won't wait for any specific confirmation before moving on to the next address. Funds with this option usually arrive within 5-10 minutes with the 5 hops option.

Wouldn't this be easier to spot since the transaction pattern would be clearer since the last transaction will not be confirmed until its parent does which means that all transactions may be confirmed in the same block (if the fees are high) or the user may wait longer.

[Mixero.io]

If you use the 0 confirmations option, the funds won't wait for any specific confirmation before moving on to the next address. Funds with this option usually arrive within 5-10 minutes with the 5 hops option.

Wouldn't this be easier to spot since the transaction pattern would be clearer since the last transaction will not be confirmed until its parent does which means that all transactions may be confirmed in the same block (if the fees are high) or the user may wait longer.

You raise an important point. Indeed, using the 0 confirmation option can make transactions more easily identifiable as automated, since inputs are spent even when unconfirmed. This could potentially compromise the intended anonymity.

It's generally recommended to use at least one confirmation for each transaction hop. This introduces a natural delay between transactions, making the pattern less obvious and harder to distinguish from normal transactions.

However, using 0 confirmations has the advantage of being faster (5-10 minutes for 5 hops as mentioned). So it's a trade-off between speed and discretion. For maximum anonymity, it's preferable to opt for at least one confirmation per hop, even if this extends the process.

[hugeblack]

However, using 0 confirmations has the advantage of being faster (5-10 minutes for 5 hops as mentioned). So it's a trade-off between speed and discretion. For maximum anonymity, it's preferable to opt for at least one confirmation per hop, even if this extends the process.

You can add a warning or that transactions every 3 hops will need 1 confirmation, so the transaction fees will be lower, harder to detect and the time will be average.
The minimum time will be 15-20 minutes.



This way the service will be perfect.





please add more bridges (LTC Or BCH) they will be a useful solutions if there is not enough Monero stock.

[dkbit98]

please add more bridges (LTC Or BCH) they will be a useful solutions if there is not enough Monero stock.

There is no point of adding Litecoin unless they add support for mweb addresses that have implemented mimble wimble.
Even than I consider this to be inferior compared to Monero and it would provide any privacy since everything is posted in public.
Another problem is that not many wallets are supporting mweb addresses.

[examplens]

Another problem is that not many wallets are supporting mweb addresses.

Perhaps the best explanation for this was given by exch (on Btt) exchange.

This was planned all time along and we will definitely do once Litecoin Core release fixes for some bugs related to loss of funds when transferred to MWEB addresses. There are some unaddressed issues that the core devs ignore for now and knowing the nature of Loshan who wouldn't mind losing 1000 LTC to some random bug we would prefer to wait for next releases. Core Litecoin developers take the development of Litecoin a bit unseriously lately like if it's some testnet-only network.

[hugeblack]

Bump

[Husna QA]

bump

[BitcoinGirl.Club]

Ricochet transactions were invented by Samourai Wallet some time ago and it's basically when you add a lot of "decoy transactions" at the beginning and at the end of the real transaction to confuse chain analysis into thinking that they are all somehow related until eventually the graph becomes too big to fit into memory.

I imagine that hops are related to the number of such fake transactions.

The samourai docs website still works (without HTTPS) and you can read it here: https://docs.samourai.io/en/wallet/features/ricochet

Thank you, I was able to do some study. I was not aware about this new development, I think I will need to check the feature very soon.