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Author Topic: Announcing the Litecoin Laundry - Secure Litecoin Anonymizing Service  (Read 895 times)
litecoinlaundry (OP)
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May 23, 2014, 04:33:31 PM
 #1

Announcing the Litecoin Laundry - Secure Litecoin Anonymizing Service
*Also known as a Litecoin Mixer or Litecoin Tumbler.


Website: https://litecoinlaundry.net

Twitter feed for updates: https://twitter.com/LitecoinLaundry
Facebook page: https://www.facebook.com/pages/Litecoin-Laundry/526792584091523


After months of development and testing we are now open to the public with a fully functional litecoin anonymizing service.

The litecoin network might be anonymous in terms of single-handedly revealing your ip address, but the transaction history is recorded in the block chain and is publically available, which makes your anonymity very vulnerable.
Using Litecoin as privately and anonymously as possible is a strong desire amongst many in the community, so we have developed a solution for this using a very complex laundering algorithm: LitecoinLaundry cleans your Litecoins, removing all traces of previous ownership and transactions, thus completely ‘washing’ them to obscure their origins.

The Litecoin Laundry will accept your payment, deduct a small commission (random 1-3% + random 0,1-0,2 LTC), and then forward the balance on to one or more Litecoin addresses you designate.
The balance will be forwarded in a random number of transactions with random amounts in random time delays from completely different addresses ->sending patterns are completely random and untraceable.
The fee is randomized between 1% and 3% for each deposit to further obscure linking litecoin going in and out.
The service is run on a dedicated server manually configured for this very purpose, Litecoin daemon is run on another machine, and all suspicious activity is monitored and the website shuts down automatically if it even senses it is under attack.
It is manually monitored and checked on a daily basis.

Key features:
 
     -No Logs! Everything is deleted after litecoins are sent out.
     -Anonymous registration: We do not need your name or email address.
     -Initial reserve of 1.000 clean LTC laundered through two different exchanges -> no waiting time besides the usual (6 to 24 hours).
     -All traffic is encrypted with strong SSL.
     -Strong fail-proof laundering algorithm.
     -Recommended minimum amount: 5 LTC.
     -The option to delay the transaction until enough NEW litecoins have been added to the mix (in case you make more than one transactions in the same day) ->improves privacy.


If you like our service, you can help out just by liking, tweeting, recommending or just simply tell someone about it. The more users we have, the better the service. If you would like to help support the development of Litecoin Laundry, you can donate using the address below: (only Litecoins)

Lf3u9n9SGaVz6ttrd5rNRn7CzGjqZRR2Rd


If you have any questions or feedback, please let us know using this thread or send us a message: admin@litecoinlaundry.net

Pages:

Home:    https:/litecoinlaundry.net
Contact: https://litecoinlaundry.net/contact/
About:    https://litecoinlaundry.net/about/
FAQ:      https://litecoinlaundry.net/faq/
Launder: https://litecoinlaundry.net/launder/
Email:     admin@litecoinlaundry.net
DiamondCardz
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May 23, 2014, 06:35:34 PM
 #2

Interesting, the fee isn't too bad although I think the upper bound of 3% is a little high when you could manage the same effect with, say, 1%-1.3%. We'll see how it goes though, obviously there's a lot of risk in trusting your money to a fresh mixer so be careful.

BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
litecoinlaundry (OP)
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May 28, 2014, 04:57:39 PM
 #3

We are planning to lower the fee to about 1.5% when we have a larger user base. We estimate this to happen in about 1 to 3 months.
litecoinlaundry (OP)
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June 05, 2014, 06:30:03 PM
Last edit: June 07, 2014, 12:23:21 PM by litecoinlaundry
 #4

We are planning to develop an online wallet with integrated mixer, for more info please contact us: admin@litecoinlaundry.net
We are open to any questions or ideas.
SCAMlitecoinlaundryScam
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July 14, 2014, 09:22:17 PM
 #5

SCAM!!!!!!
Generated LTC address LcpsjCbicCogEWM55r3Eq7msSmdYx8kapk on the website used the LTC address as the tracking ID as well, sent 50LTC only to never see them come out at the final destination again!!!! Site says it can take up to 24hrs to complete but it's been days. emailed admin@litecoinlaundry.net asking for tracking with no reply. So i'm out of 50LTC let this be warnig for others. If anyone has any ideas what i can do now plz let me know
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