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Author Topic: NEW INNOVATIVE BITCOIN MIXER  (Read 128 times)
fuschia (OP)
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April 05, 2021, 03:46:19 PM
 #1

Hello,

We are a team of three people, and I am the webmaster of Smartmix.

Smartmix is a Bitcoin mixer created in january, which allows you to improve your privacy.
The mixer not only mixes your bitcoins, it converts them into Monero and then into Bitcoin, which ensures a high degree of anonymity.

Here is the link : http://smartmixjmu7nl723c63teu5buogcf6eya7sn3xojlebhjqxwtiz75yd.onion/

In the coming weeks, the site will appear on the clearnet and in classic search engines.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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tbterryboy
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April 05, 2021, 04:57:17 PM
 #2

The mixer not only mixes your bitcoins, it converts them into Monero and then into Bitcoin, which ensures a high degree of anonymity.
It means your mixing services are highly depending on some crypto exchanges? A bitcoin mixing services can do marvelous level of anonymity just by having bitcoins itself and excluding any role by exchanges. Because, exchange hacks are most common these days and your customers need to pay excess fee for converting into monero and then convert back to bitcoins.

Smartmix is a Bitcoin mixer created in january, which allows you to improve your privacy.
In the coming weeks, the site will appear on the clearnet and in classic search engines.
You started in January and it is already April still you need few more weeks to bring a full-fledged services? Getting fully ready must be a good practice before announcing/introducing a services here on this community. I mean your first impression should be the best one.
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April 05, 2021, 05:16:52 PM
Last edit: April 05, 2021, 05:27:59 PM by dkbit98
Merited by suchmoon (9)
 #3

Quote
We use a new technique to mix your money and make it untraceable

This is probably one of the shortest FAQ pages I ever saw, and this technique you used is nothing new and you certainly didn't invent it on your own.

Claims that you are using fees to support Tor project is unproven and farfetched to say the least.

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fuschia (OP)
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April 05, 2021, 05:25:36 PM
 #4

The mixer not only mixes your bitcoins, it converts them into Monero and then into Bitcoin, which ensures a high degree of anonymity.
It means your mixing services are highly depending on some crypto exchanges? A bitcoin mixing services can do marvelous level of anonymity just by having bitcoins itself and excluding any role by exchanges. Because, exchange hacks are most common these days and your customers need to pay excess fee for converting into monero and then convert back to bitcoins.

Smartmix is a Bitcoin mixer created in january, which allows you to improve your privacy.
In the coming weeks, the site will appear on the clearnet and in classic search engines.
You started in January and it is already April still you need few more weeks to bring a full-fledged services? Getting fully ready must be a good practice before announcing/introducing a services here on this community. I mean your first impression should be the best one.

For the conversion into Monero, this is done through a DEX exchange

There have been some successful FBI attacks on mixers with statistical analysis, especially when it comes to large amounts (by memory, a Silk Road administrator got caught like this)

I try to be as transparent as possible, for the moment the site is in beta version, a letter of guarantee will be added soon
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April 05, 2021, 05:52:35 PM
 #5

Are you seriously saying that if you provide statistical analysis then your website will be at risk of a governmental agency arresting you? Have I just read that part correctly?

If so, does that mean by not providing statistical data and analysis you are less likely to get arrested? Please elaborate...


For the conversion into Monero, this is done through a DEX exchange

There have been some successful FBI attacks on mixers with statistical analysis, especially when it comes to large amounts (by memory, a Silk Road administrator got caught like this)


I try to be as transparent as possible, for the moment the site is in beta version, a letter of guarantee will be added soon

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April 05, 2021, 06:19:23 PM
 #6

Quote
This is how it works : BITCOIN (YOU) ➔ MONERO ➔ BITCOIN MIXER ➔ YOU
Very simple technique. What is your minimum and maximum?

Quote
WE ARE NO-LOGS
In this case with the transection ID search how do you get the data? Which means you have a log and how long you keep it?

Most importantly, why would anyone trust a new mixer who does not have any establishment. What is the insurance for your users?

Edit:
Reposted it since your other topic was deleted. You can not create two topics with same content.

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April 06, 2021, 07:17:32 PM
 #7

The mixer not only mixes your bitcoins, it converts them into Monero and then into Bitcoin, which ensures a high degree of anonymity.
Great! You got me curious.
Quote from: FAQ
Your money will first be converted in Monero, then mixed before returning it to you in Bitcoin
This is how it works : BITCOIN (YOU) ➔ MONERO ➔ BITCOIN MIXER ➔ YOU

It is the most efficient technique that exists today, and we are the first to offer it to you!
I do believe Bitcoin > Monero > Bitcoin can be a good way to use Monero's anonymity to hide your Bitcoin transaction. However, I don't see how using a centralized service for this helps one bit. Your mixer is a black box to the outside world. Bitcoin goes in, Bitcoin comes out. And that's all that matters for chain analysis. You can convert Bitcoin to potatoes and back to Bitcoin, and it won't make the slightest difference.

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April 07, 2021, 08:50:31 AM
 #8

For the conversion into Monero, this is done through a DEX exchange

What decentralized exchange are you exactly using?
I know only one that have both Bitcoin and Monero and that is Bisq, so I could simply use it directly myself instead of paying you extra fees to do it for me.
Or maybe you are using some unknown super secret dex exchange nobody heard about Smiley

I try to be as transparent as possible, for the moment the site is in beta version, a letter of guarantee will be added soon

You need to add more information on your website and maybe create some testing campaign for members of bitcointalk forum.

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