Bitcoin Forum
May 04, 2024, 06:34:48 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Service Discussion / Proposal for a new Bitcoin Mixing technique on: March 27, 2021, 10:05:10 PM
There are pros and cons of using Bitcoin Mixers vs multi-participant CoinJoins.

On a 10,000 foot level, the basic differences are:

  • Bitcoin Mixers allow you to jump the Transaction Graph, but rely on users trusting third parties to do this well, with no logs
  • CoinJoins give a degree of anonymity on a Join by Join basis, where the anonymity set degrades over time, however there is no requirement to trust third parties
  • Unless a Bitcoin Mixer co-spends many inputs in 1 Tx, their wallet(s) / cluster(s) are unlikely to be picked up by chain analysis firms
  • All CoinJoins are easily identified, to the point where it's even known exactly which implementation has been used

Coin discrimination is real. Exchanges and KYC services are more frequently freezing users funds based on identifying that the user performs CoinJoins, pending further KYC checks and demand the user ceases further CoinJoin activity (Ironically, the exchanges refer to it as coin-mixing).

Using *some* Bitcoin Mixers on the other hand, the coin sent from a mixer and it's lineage, can in some cases be questionable in nature.

I have been thinking about an alternative hybrid approach, which I want to propose here and gather people's thoughts on this:

  • This approach involves a centralized Bitcoin Mixer behind the scenes, continually participating in CoinJoins 24/7
  • The Bitcoin Mixer would act as a JoinMarket "Market Maker". Charging 0 fees where "Market Takers" pay the Transaction Fees for each CoinJoin
  • It would be impossible to track the Bitcoin Mixer's wallets/clusters, as they would be forever moving targets, not only with normal client funds but also continual CoinJoins

The issue that arises from this is that Coins sent out from the Bitcoin Mixer would then look like they had recently participated in a JoinMarket CoinJoin (because they have), as opposed to simply looking like a regular coin which had been sent from another Bitcoin User.
2  Other / Archival / [ANN] Anonymixer - the Anonymous Bitcoin Mixer on: August 19, 2020, 12:55:49 PM
Introducing Anonymixer
The Anonymous Bitcoin Mixer

Clearnet URL: ]https://[banned mixer]
Onion URL: ][banned mixer]
Legacy Onion URL: anonymixerpolbpy.onion

We would like to humbly offer the services of a new Bitcoin Mixer, which we believe provides Bitcoin Users with fantastic anonymity.

Key Features:

  • Minimum Mix: 1 satoshi or 0.00000001 BTC
  • Mixer Fee ranges between 1 to 2%
  • Digitally Signed Letters of Guarantee in both Text and PDF formats
  • Works with or without JavaScript
  • Up to 20 Unique Output Addresses
  • Up to 10 Unique Deposit Addresses
  • 100% No Logs Policy
  • 100% Native SegWit support

Output Addresses get exactly the amount of Bitcoin that you expect them to get, exactly when you want them to get it.

We offer users the ability to not only "Jump the Transaction Graph", where Outputs from the Mixer are entirely disconnected from the Deposits in terms of no direct-lineage being found in Bitcoin explorers, but also "Time and Amount De-correlation".

By this, we mean for instance a User could send 0.3 BTC to Mixer Address #A followed by 0.2 BTC to Mixer Address #B. Once confirmed, the Mixer later sends 0.5 BTC to User's Output Address #C, from another part of the Blockchain, entirely disconnected from the user's initial Deposits.

Or, the user could send the Mixer 0.5 BTC in one Transaction, where the Mixer later sends the 0.3 BTC to the user's Output Address #A (after 20 minutes) and 0.2 BTC to Output Address #B (after 40 minutes), again entirely disconnected from the user's Deposits.

When we say "entirely disconnected", we take cluster analysis into consideration and where the deposits go and outputs come from are entirely separate entities (or wallets) as far as Blockchain Surveillance companies are concerned.

We would also like to offer Wasabi CoinJoin users who may be struggling to CoinJoin "small change outputs" a solution to mix and consolidate these coins, please see:

/help/wasabi-change-coins]https://[banned mixer]/help/wasabi-change-coins

Future Development Plans:

  • Integration with the Lightning Network, providing Submarine Swap Mixes
  • Sending Outputs, immediately upon receiving Deposits, without even 1 Confirmation
  • Much more, this is the initial launch and we will continue to develop!

We apologise in advance for the lack of bells and whistles on the front-page and any bugs you may find, we will fix any bugs you find and we will ALWAYS honour the Letters Of Guarantee we provide!

We hope to see you soon and we look forward to your business.

Kind Regards,

Anonymixer

Clearnet URL: ]https://[banned mixer]
Onion URL: ][banned mixer]
Legacy Onion URL: anonymixerpolbpy.onion

BTC Bitcoin Address: 1AnonyMix35XkzRusC7FAzwi9KKggnyg5b
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!