Topic: [ANN] [banned mixer] | Best Bitcoin Mixer | Extra Layer of Privacy by XMR Bridge - page 2. (Read 3813 times)

A brand does it's business with the confidence they earn from their community and loyal users. Although we expect Bitcoin to be trust-less which it is but when you are exchanging your bitcoin with others then you and other user making a trust based deal. For any mixer it will not be impossible to show you their mechanism but if they do and make it public then I think the goal of mixing become useless.

If you need verification then it's better for you not to use a mixer at all.

Can I make a couple of questions?

- Why would someone prefer using your service over to swapping bitcoin for XMR in a decentralized exchange like Bisq? The only reason I can think of is that you use coinjoin in comparison with Bisq (wherein the seller and buyer don't make it apparent they've mixed their coins). If that's the case though, I can coinjoin myself using Whirlpool or Joinmarket.
- How can someone verify that you've actually used XMR bridge? As far as I can see from your website, I send you bitcoin and I receive bitcoin. I have no manner whatsoever to verify that my bitcoin were acquired by exchanging for XMR.

After thinking carefully, you should trust [banned mixer] that they did not record the data, but in the case of Bitcoin, I can easily check whether there is a link between the Bitcoin address before sending to Mixer and after sending. Also, determining the exchange rate is a problem.

In the case of P2P, you do not mixING because there is no delay in transactions or dividing them into several addresses, and you must also trust DEX/CEX that they will not provide your data to a third party.

Of course I didn't miss the 4 replies above mine, I was "requesting" for such feature as a potential client, if I want to erase any traces of my coins, And absolutely be sure of the anonymity, I'd rather pay 5% of my balance as fees, then use a DEX again to further create a diversion from my original address, then I would simply sell my coins p2p, when I do that, the buyer wouldn't go the extra mile and find a link back to my source. If one mixer starts this triple mixing scheme, then others will join the competition, that's when chain analysis job would become really hard.

I'm just not convinced if this current method is sufficient enough, however I am sure once I give BTC and receive ETH + XMR there will be no links between me and "Bitcoin".

Mixero, according to the /faqs]FAQs on the website, the maximum amount that can be sent is 250 BTC, but that's 100 BTC in the image posted in OP. You should edit one of them.


The same question was asked by hugeblack and it was answered. I think you missed that.

Mixero is not an exchange and that's why they are not going to add such feature.

Your site looks nice and easy to navigate, 9 out of 10 for the design.

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About ETH mixing, this is the first time I see a service mixing altcoins, if you are serious about your latest updates, you should update the signatures/ advertisements to reflect these new changes.

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Now what if I wanted for more added privacy to send you Bitcoin and receive ETH or XMR? You know just like there is a fee to be paid, I guess I wouldn't mind paying some extra fee just to make sure there is no link between my coins. Of course there will be some issues regarding the exchange rate between the 3 coins, you could use either an average price, or pick a service/exchange as reference for the price calculations.

Ordinarily  we can't simply use decentralized exchanges to do this kind of mixing ourselves, but since you already have the infrastructure in place, it would be a useful addition and a competitive feature.

We understand your questioning, but this scenario cannot happen. If you send your 0.5555 BTC to our address, then the switch to Monero and Mixero's charges will make your transaction anonymous.
The fees will allow you to have an arrival amount different from an entry amount, and XMR will make it impossible to track the transaction.

So, in your scenario, is it risky for one address in the entire blockchain to send 0.5555 BTC and then, without any link, for another address to receive the same amount? If the two addresses can't be linked, then it doesn't matter if an entry in the blockchain corresponds to an exit elsewhere - this is the case absolutely every day.

Let's imagine 1BTC of dirty money sent to a service, then everyone who receives exactly 1BTC should be worried? Well, no, because the addresses are not linked in any way, which is why our service uses Monero, and why we charge a fee after you've sent it.

Thanks for your questions and comments!

You did not understand me. I checked the advanced method. There is no option to add more addresses or delay the transaction. Suppose, for example, that I wanted to mix 0.5555 Bitcoin here, and even though you are using Monero to break the link, what happens is that 0.5555 Bitcoin is sent to an address and suddenly 0.5555 Bitcoin appears (excluding service fees) to another address. Therefore, it is easy to connect the two addresses, even if you use Monero. Adding several addresses just as in the CoinJoin method will solve this problem.

Thank you for your comment. Let's address and clarify your concerns about our Advanced Mode and the integration of ETH into our method.

The primary purpose of the Advanced Mode is to anonymize your transactions through the conversion into XMR. This leverages the intricate workings of the Monero blockchain, particularly its use of stealth addresses. These stealth addresses allow for multiple intermediary hops in XMR before the final conversion back to BTC or ETH.

Furthermore, it's not just a straightforward conversion to XMR. Mixero utilizes its own Monero wallets to oversee the entire process and enhance anonymity.

Regarding the integration of ETH: it follows the same mechanism. We are not merely a currency exchange platform; our core functionality lies in ensuring the anonymity of your transactions, whether in BTC or ETH. Thus, there's no need for us to facilitate direct conversions between ETH and BTC.

Matching input and output amounts becomes challenging due to the fees incurred post-transfer, which ensures that the output amount differs from the input amount. Moreover, even before attempting to correlate these amounts, one would have to navigate through the complexities of the Monero network.

Thank you for your feedback, and we hope this explanation provides a clearer understanding!

with Ethereum mixing, you are no longer just a Bitcoin mixer.

In general, according to the FAQ^[1], the advanced method works simply by converting BTC to XMR and back to BTC. If that is the case, why ETH deposit only available when want to mix Ethereum, user can deposit BTC ---> XMR ---> ETH. if it is ETH ---> XMR ---> ETH then tracking the currencies will be easier. we are talking about the account based, the amount of input ETH and output ETH will be the same and discovering the link between the addresses will be easily because advanced method doesn't have delay option.


[1] https://[banned mixer]/faqs

Advanced mode Update:

Hello everyone, we're pleased to announce that you can now mix ethereum (ETH) with our advanced mode. It works exactly the same as before. Monero is used as a bridge to prevent any onchain analysis attempt.

For more info, please visit our about section on our website.

CoinJoin Pool Update:

Hello everyone!

We have some exciting news! We’ve made a big update to our Coinjoin system. We’ve added a new feature called CoinJoin Pool, which we’ve been working on and testing for a while.

In easy-to-understand terms, this feature combines two big ideas in cryptocurrency mixing: the coinjoin and pool systems.

We’ve created a postmix pool system that acts as a reserve. This means when you make a transaction, you’ll receive coinjoined funds from another user, increasing the privacy of your transactions and lowering the risk of transaction analysis.

Coinjoin already combines several different user inputs with your own, so with CoinJoin Pool you receive your funds from another user's past CoinJoin, preventing any time-based blockchain analysis.

At the moment, the reserve is a bit small (0.5 BTC), but we’re planning to increase it gradually. If you send more funds than what’s available in the postmix reserve, don’t worry; you’ll receive a mix of the reserve and your own coinjoined funds.

By bringing these ideas together, we believe this update significantly improves the privacy of transactions and reduces the chances of analysis attempts being successful. This is a crucial step in strengthening the security and anonymity of our users and ensuring everyone has a smooth and secure experience on our platform.

The coinjoin method is completely different, but likely you are referring to advanced. If you use coinjoin, it is the normal mixing of sending the mixer bitcoin and the mixer will send you back the bitcoin using different address.

If you use a decentralized exchange, you will have to first convert bitcoin to monero and then convert the monero back to bitcoin. But with https://[banned mixer], it is made easy. All you just have to do is to click on advance, paste your bitcoin address that you want to receive your mixed coin and proceed to pay the address given and wait until you receive your coin after you have downloaded the letter of guarantee.

If you are running your own lightning node or you are using the lightning network on noncustodial wallet like Electrum, that is a form of mixing.

There are many reasons that you can use a mixer. If I have 1 BTC and I want to send 0.002 BTC to a friend, I may first transfer the 0.002 BTC to a mixer and then transfer it to my friend so that my friend will not know that I have 0.998 BTC left. Mixers helps in having privacy.

Hi, after reading about the method you are using to mix bitcoins, I was wondering, I could use the same method to mix bitcoins using a DEX instead of using your services, right?

Another thing coming to mind, is it possible to mix bitcoin using lightning network/tokens?

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The only reason I could think of myself using a mixer, would be to hide my gambling coins (which I don't have any) from my government, or hiding puzzle prize coins ( when I find one, God willing), or if I was trying to launder my illegitimate money.(which I don't have any)

Other than those 3, I have no reason to use a mixer, but I suppose a lot of gamblers are using  mixers on a daily basis.

A friendly advice though, never let your business to grow as big as chipmixer, it attracts big criminals ( some of them might not really be a criminal, but international laws could consider them as one).
We tend to repeat the mistakes of the past, so we need a reminder every once in a while.😉

Hello, you should allow at least 3-4 blocks, i.e. about 40 minutes.

Hello, what is the Time of return of the XMR bridge advanced mode? thanks

Yes. The fee is 0.7% (slow) to 4.7% (fast) which you can adjust using the fee slider + 0.0003 BTC as the service fee.

Yes.

That is how some mixers are. You pay fee for the company to make profit from the good service they are rendering.

The fee would be deducted from 0.002 BTC, but make sure you do not send any amount less than 0.002 BTC because it would only be seen as a donation.

I just checked the site to see the different futures and how it works and if possible test the site to mix coins. But before I use the site to mix coins I will like to ask some few questions so that my coins will not lose. The 0.0003 additional services fee, is it different added to the main service fee? And the both wit deducted from the service fee at once? And why the additional 0.0003 mode service fee is added to the main service fee. Is it to make the transaction very fast or are they different?  Because before a user send the coins, he has to set the service fee and delay hours.

And I really like to know the function of 0.0003 to the service fee or are they the same? And the service fee is it deducting from the 0.002 mixing amount or I will add extra amount for the service fee? Because as you said, if the amount is less than 0.002 BTC then it becomes a charitable donation. Buy if the person send 0.002 BTC and from the amount you removed your service fee amount and the left over will not be up to 0.002. will the remaining amount be send to the destination address?

Hello, let me explain in detail.

We use a decentralized platform to exchange bitcoin into monero. Then the monero is sent to a wallet generated not depending on any centralized platform after that the Monero is exchanged back to bitcoin via this same platform. The fact of using a monero intermediary wallet that doesn't depend on any service ensures greater anonymity and, what's more, monero uses the stealth address principle. Here's a detailed explanation of stealth addresses: https://www.getmonero.org/resources/moneropedia/stealthaddress.html

We currently have no XMR or BTC pool for the advanced method. Over time, we'll probably integrate a Monero and Bitcoin pool. This means that only one exchange will be made from Monero to Bitcoin. The advantage is that when the user sends funds in BTC, the equivalent amount in Monero will be exchanged directly into Bitcoin. Anonymity would be further strengthened.

I know this is an old post but your mixing method via using Monero Bridge sounds good. But there is a thing that I don't understand, if you don't send Monero to a platform, how are you making the exchange? As far as I understand, you have pre-generated Monero wallets that are filled, so btc to Monero exchange doesn't happen, right? But you have to do Monero to Bitcoin exchange on an exchange platform, right? But you say this method doesn't depend on any centralized online serivce, so I don't actually understand how you make a BTC > Monero > BTC exchange.