You're offering a service that you can't prove -- something that's simply based on your word and a hefty 5% fee?
How can we as "customers" actually verify that our coins have been mixed correctly/are 100% "clean", when they're going through dozens of third parties, who may at a later point disclose all this information to LE?
which we purchase from cryptocurrency stock exchangesp
It seems like by doing this you're actually making an (unbreakable) trail, instead of removing it. Especially if you're using a somewhat regulated exchange...
This seems like the most ideal route;
User A -> Mixtum deposit adress Y =/= Mixtum deposit adress X of user B -> Exchange X deposit adress Y-> *Exhange* Exchange X deposit adress Z-> (Mixtum adress Z) -> receiving adress of User A.
Now, depending on what exchange you're using, it seems as if coins can still be traced up until they're dirty again, especially if there's law enforcement involved..
(It does break the trail, but you'll still have the (potentially) dirty coins of B associated with you..)
What exactly is this magic formula that involves exchanges and completely clean coins?
Hello. Thank you for your interest in our mixer. We have created it on the basis of the platform [banned mixer] that provides efficient mixing algorithms and access to proven funds from cryptocurrency stock exchanges.
Frankly speaking, we were sceptical as well at the very beginning. Before launching our mixer, we studied the market for a long time, analyzed the existing classical mixers, identified bottlenecks in their mixing models. We were getting desperate to launch our project, when suddenly we came across the platform [banned mixer].
Once we have thoroughly tested it and become sure of the declared capabilities of the system, we decided to stay with [banned mixer]. The problems you have defined refer to classical mixers, and [banned mixer] is exempt of such problems.
Let’s assume that investors A and B send us money from a stock exchange to our transit wallets A1 and B1, they do not know who will receive this money. As you know, stock exchanges are in fact big mixers that accumulate funds in their wallets. And their turnover is bigger than any mixer has, that ensures good mixing and purity of transactions. Besides, the wallet for replenishment and withdrawal from most exchanges, is not the same. When customer C comes, he sends us money to a transit wallet C1. After that, the money is sent to the customer in some random parts from the wallets A1 and B1. Moreover, wallets are selected according to several features, one of which is the zeroing of the transit wallet, so that there is no change left.
And now let's imagine that there are a lot of customers and investors, thus a particular investor and a customer are not just exchanging their money. Investor A can receive funds from customer D, C, F. And customer C can receive funds from investors A and Q.
Under these circumstances, the deanonymization process of the client's funds is very complicated, in our opinion it is impossible in practice. Even we do not know beforehand who will receive whose money. To improve stability, various algorithms are used, for example, the algorithm of the zeroing of the transit wallet, which allows minimizing the possibility of research, using cluster analysis.
Unlike classic mixers, we do not have a link in the blockchain between the investor and the client. Given the large number of independent investors and customers, our stability increases greatly.
As you know, stock exchanges require KYC, have withdrawal limits and are against the situation of one user having several accounts. Therefore, the cleansing technology of large amounts of money through stock exchanges using only their accounts is extremely difficult. [banned mixer] solves such problems, buys output transactions through [banned mixer] from independent investors, and resells them to its customers.
We are not a classic mixer, we do not have the problem of 'dirty coins at the entrance = dirty coins at the exit, but only someone else's.' We do not need to use the 'mixer codes' so that a person does not get their money back when recleansing.
It is for these reasons that [banned mixer] does not compete with classical mixers, customers who care about anonymization without risk and high level of cleansing choose us.