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Author Topic: What is Bitcoin Mixer?  (Read 1223 times)
RapTarX
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February 06, 2019, 02:22:09 PM
Last edit: September 13, 2019, 12:19:30 PM by RapTarX
Merited by Royse777 (7), dbshck (5), bones261 (5), suchmoon (4), BitcoinGirl.Club (3), stompix (2), Coolcryptovator (2), OgNasty (1), LeGaulois (1), DdmrDdmr (1), Husna QA (1), omer-jamal (1)
 #1

Best mixing method by theymos- https://bitcointalk.org/index.php?topic=5146241.0

Blockchain is available to everyone and everyone can see what Alice is doing with her bitcoin. Assume, she has 1 bitcoin, and she sent it to Bob. We can check it in explorer since it is available to everyone. We also can trace what Bob is doing with his bitcoin received from Alice. Basically, there is a way to trace everyone's bitcoin address.
Provided that it is easy to trace bitcoin transaction, what will Alice do if she wants to send bitcoin to Bob's address without letting someone knows? Bitcoin Mixer comes up with a solution to execute an untraceable transaction.

Simple process of sending bitcoin by Alice to Bob



Provided that Alice wanted to send bitcoin to Bob without a tail,

1. Alice will find out a Bitcoin Mixer.

2. Send her bitcoin to Bitcoin Mixer.

3. Bitcoin Mixer will send bitcoin to Bob.

If Alice sends bitcoin to an address of Bitcoin Mixer, Bitcoin Mixer will not send bitcoin to Bob from that address. No one will know whom Alice sent bitcoin and from whom Bob received the bitcoin.

The transaction will look like


For better understanding the system- https://cryptalker.com/bitcoin-mixer/

Some Mixing Services-
1. BitBlender shutdown
2. ChipMixer
3. Cryptomixer
4. Bitcoin Laundry
5. BestMixer seized
Before sending bitcoin to any mixing service, be sure the process, don't forget to check reviews from the internet as well as don't forget to use TOR.

LaGaulios thread, listing some Bitcoin Mixer- https://bitcointalk.org/index.php?topic=2827109.0

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February 06, 2019, 02:35:15 PM
 #2

Might as well add some services that people can try to mix their Bitcoin. One of them is Bitblender (the link is on my sig). They're online since 2014. The service fee is between 1 to 3 percent, and you need to use Tor if you want to use the service.

Edit: just checked the article and it mentions Bitblender and the other mixing service too. Nice, but adding to OP is still better imo.

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February 06, 2019, 02:56:25 PM
 #3

Alternatively, just use a privacy coin and skip all the work and fees associated with using bitcoin mixers.  XMR is one of the best options considering the high trading volume and fairly stable price.
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February 06, 2019, 03:19:24 PM
Merited by dbshck (5), BitcoinGirl.Club (1), logfiles (1)
 #4

Alternatively, just use a privacy coin and skip all the work and fees associated with using bitcoin mixers.  XMR is one of the best options considering the high trading volume and fairly stable price.

That's a turn around, and not necessarily enough

Sometimes you want to buy bitcoin. More adoption, there are more ATMs and more exchanges that accept it. And you want to clear your balance from your name, so a bitcoin mixer will do the job.

Xmr is also becoming illegal in some countries. Mixers aren't illegal yet, as far as I know.

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logfiles
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February 06, 2019, 03:20:48 PM
Merited by RapTarX (1)
 #5

Blockchain is available to everyone and everyone can see what Alice is doing with her bitcoin. Assume, she has 1 bitcoin and she sent it to Bob. We can check it in explorer since it is available to everyone. We also can trace what Bob is doing with his bitcoin received from Alice. Basically, there is a way to trace everyone's bitcoin address.
Provided that it is easy to trace bitcoin transaction, what will Alice do if she wants to send bitcoin to Bob's address without letting someone know? Bitcoin Mixer comes up with solution to execute untraceable transaction.

Simple process of sending bitcoin by Alice to Bob



Provided that Alice wanted to send bitcoin to Bob without a tail.
1. Alice will find out a Bitcoin Mixer.
2. Send her bitcoin to Bitcoin Mixer.
3. Bitcoin Mixer will send bitcoin to Bob.
If Alice send bitcoin to an address of Bitcoin Mixer, Bitcoin Mixer will not send bitcoin to Bob from that address. No one will know whom Alice sent bitcoin and from whom Bob receive the bitcoin.

The transaction will look like


For better understanding the system- https://cryptalker.com/bitcoin-mixer/

Some Mixing Services-
1. BitBlender
2. ChipMixer
3. Cryptomixer
4. Bitcoin Laundry
5. BestMixer
Before sending bitcoin to any mixing service, be sure the process, don't forget to check reviews from internet as well as don't forget to use TOR.

Am helping quote this whole post so that we would be able to see all the illustrations.


Alternatively, just use a privacy coin and skip all the work and fees associated with using bitcoin mixers.  XMR is one of the best options considering the high trading volume and fairly stable price.
It really depends on the situation, Someone could just be in specific need of sending Bitcoins somewhere and not an altcoin.
For example, I would be in need of sending some bitcoins to my localbitcoins account, this renders using XMR or any other altcoin invalid.

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February 06, 2019, 10:09:40 PM
 #6

I can vouch for Bitblender being legit. I've used Bitblender several times since around 2016 when I first discovered them through the signature campaign they had in the services section, and they do the job of mixing well without having exorbitant fees.

Make sure you're going to Bitblender's onion site (link: http://bitblendervrfkzr.onion/) and not any clearnet version of their site for mixing. It's true Bitblender has a clearnet site, but that's just for information and there were scam clones of Bitblender on the clearnet a few months back IIRC.
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February 07, 2019, 11:49:04 AM
 #7

I can say that mixers are maybe last defense of anonymity when we using BTC. There are many companies involved in analysis of bitcoin blockchain, or user transactions with the aim of identifying the origin of coins and users. Since most of users do not like someone to track them, we have mixers to protect our privacy.

One of the most popular sites for mixing is ChipMixer, they have been present on the forum for a long time and their signature campaign is one of the most famous and most popular among users. Some people have problems with mixers ( lost funds, process misunderstanding), so it is important to read FAQ and for first time use the minimum amount of coins for mixing.

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February 07, 2019, 12:58:27 PM
 #8

I haven't use any mixer at all and I may try to use one to keep me anonymous. Thanks for sharing this tip lucius and I'll do what you said about using minimum amount and reading the FAQ, as far as I observe it is really needed to know first before using it in my own opinion.

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February 07, 2019, 02:00:05 PM
 #9

Alternatively, just use a privacy coin and skip all the work and fees associated with using bitcoin mixers.  XMR is one of the best options considering the high trading volume and fairly stable price.
Xmr is also becoming illegal in some countries. Mixers aren't illegal yet, as far as I know.
That is also the point I will try to make, countries like Japan and Korea have ordered exchanges to remove anonymity centered coins like Zcash and Monero as they don't want this cryptocurrencies to circulate around in their country. Bitcoin mixing is the best alternative to remain anonymous with your transactions, I consider this a loophole in the system and IMO I think that this can still pass on future regulation and international services like this cannot be controlled by one country alone.

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February 07, 2019, 11:09:30 PM
 #10

--snip--

As well, what makes Chipmixer standing ahead is its PWYW (Pay What You Want)* fee model where they give the buyer an opportunity to decide what they wish to pay for the service they're getting, isn't that cool?

* - Go to https://en.m.wikipedia.org/wiki/Pay_what_you_want for more.
Mixers like these help to send out coins in a tossed way that no transactions may be caught and anonymity is maintained at par.





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February 08, 2019, 05:34:03 PM
 #11

As well, what makes Chipmixer standing ahead is its PWYW (Pay What You Want)* fee model where they give the buyer an opportunity to decide what they wish to pay for the service they're getting, isn't that cool?

* - Go to https://en.m.wikipedia.org/wiki/Pay_what_you_want for more.
Mixers like these help to send out coins in a tossed way that no transactions may be caught and anonymity is maintained at par.
Can it still be tracked or the sender and the receiver still anonymous and can't be tracked? I've seen a mixer and access one on my browser and didn't know how it works, so i'm all new when bitcoin mixer is discussed.

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February 08, 2019, 09:11:24 PM
 #12

As well, what makes Chipmixer standing ahead is its PWYW (Pay What You Want)* fee model where they give the buyer an opportunity to decide what they wish to pay for the service they're getting, isn't that cool?

* - Go to https://en.m.wikipedia.org/wiki/Pay_what_you_want for more.
Mixers like these help to send out coins in a tossed way that no transactions may be caught and anonymity is maintained at par.
Can it still be tracked or the sender and the receiver still anonymous and can't be tracked? I've seen a mixer and access one on my browser and didn't know how it works, so i'm all new when bitcoin mixer is discussed.
No, unless the service you're using is working like a shit. Otherwise, it's not a mixer at all. ChipMixer works differently compared to others and its the mixer with a bigger presence online. I created a list and update it when needed here ( List Bitcoin Mixers)

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February 09, 2019, 04:04:04 PM
 #13

<...>
That’s a nice thread you’ve got running there on Mixers, and keeping it up to date as you do makes it worth a read.

Technically, the solutions differ to achieve their goal. ChipMixer I have obviously looked into out of responsibility, and their solution seems very well thought through, making their "Time Travel" feature interesting (withdrawals are not visible on the blockchain since you get private keys in return, which in fact are dated prior to your deposits).
I guess that you need to move the returned private keys related BTC to another personal wallet to complete the anonymity circle, since the private keys are also known to the mixer service.

Edit: I've merited the OP for staring this thread. I must admit that I was put off at first by those bounty joining posts, but I have hopes that the OP will not default to just bounty hunting.

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February 09, 2019, 04:42:24 PM
 #14

I have come across the chipmixer signature multiple times and some of the other bitcoin mixing websites without actually knowing their utility, till this post (great promotion)
It's unique to be able to make transactions which can not be traced and restores user privacy in peer to peer interactions.
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February 10, 2019, 05:55:59 AM
 #15

Some Mixing Services-
1. BitBlender
2. ChipMixer
3. Cryptomixer
4. Bitcoin Laundry
5. BestMixer
Suggestion: Convert the list's texts into direct links.

Beginners might use this thread as a reference/list of Mixers and we know that they are the most susceptible to scams.
Speaking of scams, there are tons of fake sites with altered letters, name or domain extension, specially mixers;
so, it's best to link the official site(s) of those mixing services to prevent them from using Google search which is the number one reason of "website misdirection".

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February 10, 2019, 10:52:38 AM
 #16

LaGaulois has already created a thread listing most of the Mixer Services along with their fees. I will link up to that thread from my opening thread.
https://bitcointalk.org/index.php?topic=2827109.0

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February 10, 2019, 11:32:07 AM
 #17

, we have mixers to protect our privacy.
One of the most popular sites for mixing is ChipMixer,
This is very true,i think chipmixer has to be one of the most popular as its signature is everywhere all around the forum,and it must be providing quality services for it's users.
Mixers all aid in keeping us out of prying eyes,and meanwhile,i haven't used one as of now,i plan to soon,and I definitely will go with chipmixer,as it's been advertised by trustworthy members of the forum
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February 10, 2019, 12:27:52 PM
 #18

Why not listed the wasabi wallet as another bitcoin mixer this wallet has a built-in mixer which is recommended by our admin Theymos.

This is what others looking for and become anonymous. Wasabi wallet looks the same as grin or beam coin where you can send coins without traces.

You don't need any 3rd party services to mix your coins.
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February 12, 2019, 06:43:35 AM
 #19

, we have mixers to protect our privacy.
One of the most popular sites for mixing is ChipMixer,
This is very true,i think chipmixer has to be one of the most popular as its signature is everywhere all around the forum,and it must be providing quality services for it's users.
Mixers all aid in keeping us out of prying eyes,and meanwhile,i haven't used one as of now,i plan to soon,and I definitely will go with chipmixer,as it's been advertised by trustworthy members of the forum

I am glad to see that our contribution to the Chipmixer signature campaign are helping to build a Brand. Yes, you should definitely check it out, because it is very easy to use and it is also very cheap. I have done 1000s of transactions via this service, without one single hiccup.  Wink

I see a lot of other mixer services listed in this thread, but I do not know if any of them can be trusted. The Big Brother 3 letter agencies might be behind some of these services.  Huh

I think a safe bet would be to mix coins via several different mixer services, in the hope that you might hit the service that are not operated by a 3 letter agency.  Roll Eyes <Definitely include Chipmixer into that, because it has been around for years and we had not had 1 report of someone claiming that their mixed coins were traced back to them, when they mixed it with Chipmixer.>  Wink
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February 18, 2019, 01:17:18 PM
 #20

Edit: I've merited the OP for staring this thread. I must admit that I was put off at first by those bounty joining posts, but I have hopes that the OP will not default to just bounty hunting.
Thank you for the motivation for writing some more new topics. I joined some airdrop but it now is looking like wasting my precious time. I will try to contribute to the forum rather than hanging with bounty only.

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★ ‎
‎ ★
UP
TO
15%...CASH BACK
EVERY SPIN

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