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Author Topic: Your Bitcoin Anonymity  (Read 736 times)
BitcoinAnonymity (OP)
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February 04, 2015, 09:13:26 PM
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Bitcoin-mixing-services.com

While using bitcoins is an excellent way to make your purchases, donations, and p2p payments, without losing money through inflated transaction fees, transactions are never truly anonymous. Buying Bitcoin you pass identification, Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. Bitcoin activities are recorded and available publicly via the blockchain, a comprehensive database which keeps a record of bitcoin transactions.

All exchanges require the user to scan ID documents, and large transactions must be reported to the proper governmental authority. When you use Bitcoin to pay for goods and services, you will of course need to provide your name and address to the seller for delivery purposes.

This means that a third party with an interest in tracking your activities can use your visible balance and ID information as a basis from which to track your future transactions or to study previous activity. In short, you have compromised your security and privacy.

Mixing services are used to avoid compromising of privacy and security. Mixing services provide to periodically exchange your bitcoins for different ones which cannot be associated with the original owner.





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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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pereira4
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February 04, 2015, 10:30:23 PM
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Imo you should post this in the marketplace.
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February 05, 2015, 04:48:40 AM
 #3

...

OP has three BTC mixing services displayed at his website.  One of them is bitcoinfog.co, which has its own (long) thread elsewhere here at bitcointalk.

However, I (and I'm sure many others here) would be very curious to hear reviews/experiences from others re the other two services displayed at bitcoin-mixing-services.com:

-- bitcoinblender.net
-- helix-light.com

Competent and honest mixing services are always welcome.  

If anyone tries either service out, please report back!

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The two established players in this space (mixing services) that I have used and respect are:

No. 1: bitmixer.io (not bitmixer.info)
No. 2: sharedcoin.com (I believe this can only be used if you have a blockchain.info wallet)

I have used bitmixer.io and sharedcoin.com many times each.  "They do good work."
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