Since mixers were banned on our forum, some users like an op who said
No!! Mixers don't work anymore, stay away from them.
have gotten the wrong idea that tumblers (mixing services) are not good or no longer exist, which I believe is incorrect. Tumblers are services created to significantly enhance the privacy of Bitcoin. With the services mixers offer, you can conceal the trace of your transaction. The process is straightforward. From the point of mining to its current location or holder, you can track every bitcoin on the blockchain. This is why tumblers exist, as they mix your old coins to provide you with enough privacy for your transaction. After the ban on these mixer services on the forum, some of them migrated to Altcoinstalk, which not every member prefers.
Newcomers may be confused, thinking that since they were banned here, they can no longer use them, which is not true. These services are still available, but don't promote or have anything to do with them relating to this forum, or you will face penalties. You should exercise caution, which is necessary to avoid potential issues using such services. If you choose not to use them, you might inquire about other mixing methods that can enhance the privacy of Bitcoin. These methods offer more privacy and decentralization compared to centralized mixers.
Some of these other means to improve privacy are COINJOINCoinJoin is a privacy technique used in cryptocurrency transactions, particularly in Bitcoin. It literally involves combining multiple transactions from different users into a single transaction. This makes it challenging to trace the origin and destination of individual funds, enhancing privacy for users. The whole process works by participants agreeing to create a joint transaction where inputs and outputs are shuffled, making it difficult to link specific coins to specific users, and this helps break the chain of transaction history, providing a higher level of privacy and fungibility in cryptocurrencies. You might be wondering if the coinjoin isn't the same as the mixer, but it isn't. It's a type of tumbling method, but it's more decentralized. In coin join, the higher the number of participants who are available for a mix, the higher the level of privacy involved. CoinJoin implementations include JoinMarket, Wasabi Wallet,
JoinMarket is an open source platform that facilitates CoinJoin transactions on the Bitcoin network. It allows users to mix their bitcoins with others, breaking the link between input and output addresses and enhancing transaction privacy. joinMarket operates in a decentralized manner, with users acting as both liquidity providers (makers) and takers in the mixing process.
The Wasabi Wallet is a Bitcoin wallet that focuses on privacy, aiming to make Bitcoin transactions more anonymous. It uses a method called Chaumian CoinJoin, mixing users' transactions for increased privacy. Additionally, it works with the Tor network, adding an extra layer of privacy by hiding users' IP addresses.
XMR MONEROMonero (XMR) is a cryptocurrency that prioritizes privacy, aiming to make transactions more anonymous. To achieve its aim, Monero employs sophisticated cryptographic techniques like ring signatures, which blend the spender's signature with others, making it difficult to pinpoint the actual sender. Also it uses stealth addresses to generate unique addresses for each transaction, ensuring the privacy of the recipient. Monero hides the transaction amount with confidential transactions. By using these features, it ensures strong privacy and fungibility, making it hard to trace transactions or link addresses. This boosts user confidentiality and safeguards against government, hacker, or public surveillance. Monero's dedication to privacy has made it a favored option for those wanting highly anonymous financial transactions.
For a user who wishes to increase privacy by using a mixing method, you can try using some of the above methods.
Mixers services are centralized, and as a user who wants to increase privacy, you are entrusting your funds to them in the hope that you might get them back. A lot of issues with previous mixing services on the forum have shown that mixing services cannot be trusted as they are centralized, and most of them may be scams or involved in fraudulent acts. When you consider using such a service, you should be cautious. It would be much better to go for the above mentioned mixing method, as it's more decentralized and has increased privacy compared to centralized mixers.
You may want to read more on this:
CoinJoin: Bitcoin privacy for the real worldMonero (XME) Cryptocurrency: Definition,Beginner's Guide to CoinJoin[Guide] Decent mixing methods
