Why Limit Mixing Services to Bitcoin alone?

[Fivestar4everMVP]

Hi altcoinstalkers..

So, I've been wondering about this for a while now, every mixer I've ever come across are all providing mixing service for bitcoin alone, so, I am curious to know why they limit their mixing services to bitcoin only, when we have over tens of thousands of other cryptocurrencies we generally refer to as altcoins.

Is it that other blockchains outside of bitcoin does not allow mixers? I was hoping that by now, we should have Ethereum mixer, Solana mixer, Avalanche mixer, TRON mixer and so on, or mixers can even provide mixing services for all this popular coins.

Are there any special reason why mixers only provide mixing service for bitcoin only?

[Zed0X]

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Is it that other blockchains outside of bitcoin does not allow mixers? I was hoping that by now, we should have Ethereum mixer, Solana mixer, Avalanche mixer, TRON mixer and so on, or mixers can even provide mixing services for all this popular coins.

Have you not heard of Tornado Cash? It was supposed to be a mixer of some sort for Ethereum and other supported networks (BNB, ARB, AVA, etc.) but it ended up being sanctioned. It looks like the app is still operational and maintained by the community but they are now censoring some transactions. If they can pick and choose which transactions to mix, why use it at all?

Another thing to consider here is that are these alt chains really decentralized? If not, what's the point of using mixers?

[examplens]

Mixero.io offers Ethereum mixing also. https://mixero.io/mix_advanced
Unijoin also announced the possibility of mixing Ethereum, Litecoin and USDT (we are waiting for this upgrade)

[dkbit98]

Are there any special reason why mixers only provide mixing service for bitcoin only?

There is simply not enough liquidity for most altcoin mixers to work, but monero already has mixer tech built inside.
BCH has something called CashFushion that is built inside some of their wallets like ElectronCash, Stack wallet and others.
There is no much point in making mixers for centralized coins, when CZ or someone else can manually freeze any wallet he want to freeze.

[Fivestar4everMVP]

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Is it that other blockchains outside of bitcoin does not allow mixers? I was hoping that by now, we should have Ethereum mixer, Solana mixer, Avalanche mixer, TRON mixer and so on, or mixers can even provide mixing services for all this popular coins.

Have you not heard of Tornado Cash? It was supposed to be a mixer of some sort for Ethereum and other supported networks (BNB, ARB, AVA, etc.) but it ended up being sanctioned. It looks like the app is still operational and maintained by the community but they are now censoring some transactions. If they can pick and choose which transactions to mix, why use it at all?

I sure have heard about tornado cash, but I never gave them any attention to know they were providing altcoin mixing services, bad for them they got sanctioned so early, they possibly must have tried to outdo themselves for them to get noticed and sanctioned at such an early stage.

Another thing to consider here is that are these alt chains really decentralized? If not, what's the point of using mixers?

Well, how can we really know except we try, and besides, the fact that we can track some persons crypto transactions by scanning their crypto addresses still makes the altchains some sort of decentralized, if at all, not completely decentralized as many of us often assume or believe.

Mixero.io offers Ethereum mixing also. https://mixero.io/mix_advanced
Unijoin also announced the possibility of mixing Ethereum, Litecoin and USDT (we are waiting for this upgrade)

Didn't know Mixero offers Ethereum mixing until now, and also, can't wait for Unijoin to launch their announced mixing service for altcoins, would really love to try that out, since I really don't like doing transaction with Bitcoin  .
Thanks for the information by the way.

[Gurujebs]

Hi altcoinstalkers..

So, I've been wondering about this for a while now, every mixer I've ever come across are all providing mixing service for bitcoin alone, so, I am curious to know why they limit their mixing services to bitcoin only, when we have over tens of thousands of other cryptocurrencies we generally refer to as altcoins.

Is it that other blockchains outside of bitcoin does not allow mixers? I was hoping that by now, we should have Ethereum mixer, Solana mixer, Avalanche mixer, TRON mixer and so on, or mixers can even provide mixing services for all this popular coins.

Are there any special reason why mixers only provide mixing service for bitcoin only?

I thinks it's about demand but after Bitcoin and the privacy coins are decentralized. The rest of the coins that you can find on the cryptosphere centralized, even the teams are centralized, so what are you mixing when the owner of the chain can collaborate with anybody that threaten them, there is nothing to literally mix with shitcoins.

I know of Monero mixer, Mixero is one of the example but I don't think there is any coin the government hate so much like Monero. Doing mixing service is giving the government headache already because it's making it hard for them to trace transactions input and output. I think Monero and more privacy coins mixing will give them nightmare.

I hope you are also aware of the latest campaign against privacy coins, this is making it difficult for people that will want to enter into the mixing service with other privacy coins.

[Husires]

There is a mixer for Ethereum.
Litecoin has a privacy-boosting update as a soft fork.
Stablecoins cannot be mixed because they can be frozen and their issuers will not allow a mixer based on stablecoins due to legal issues.
Most cryptocurrencies have no real use outside of exchanges.

This is some reasons why they prefer Bitcoin.

[joniboini]

Well, how can we really know except we try, and besides, the fact that we can track some persons crypto transactions by scanning their crypto addresses still makes the altchains some sort of decentralized, if at all, not completely decentralized as many of us often assume or believe.

I believe the point is because the network is likely being controlled by one or two people, trying to find privacy on those chains is quite meaningless since the risk of being blocked by the contracts exists. Since you also said most of them (if not all) are not decentralized at all, why bother trying to put up a solution to improve privacy? Especially if the team/dev behind the network is known. I'm pretty sure that's just inviting the government to arrest them.

While people can try and build their own mixing tool, I don't think the incentive is big enough for most businesses on the market. Let's see if the mixers mentioned above can do that and make it profitable, which might incentivize others to follow suit. But I don't think new players will focus too much on altcoin mixing since Bitcoin mixing demand is still high. CMIIW.

[yhiaali3]

Of course, mixers can be used for altcoins, but I suspect that the main reason why mixers only offer a mixing service for Bitcoin is firstly decentralization and then trust.

Bitcoin is completely decentralized and has a very high degree of reliability, making it the preferred choice for investors who want to invest huge amounts of money and maintain their privacy.

Therefore, I expect that there is a high demand for mixing Bitcoin, while there is not a high demand for mixing altcoins, and this is what makes the mixers content with providing Bitcoin mixing services only.

[Yamane_Keto]

I may give a very different reason, but because the way the mixers work depends mainly on the UTXO Unspent transaction output, which Bitcoin is considered a pioneer in using versus the account-based system that we see in Ethereum which depends on smart contracts, and privacy is not a priority, so we do not see much development in the privacy industry for smart contracts..

UTXO makes tracking currencies possible, which gives high transparency, so mixers are based on the idea of breaking the link between the input and output addresses, while smart contracts work like bank accounts, which makes it difficult to enhance the privacy of each transaction.