Author

Topic: [ANN] BitWhisk.io ✦ Bitcoin mixing service ✦ Fast, Secure, Awesome! (Read 707 times)

copper member
Activity: 57
Merit: 6
I know for several similar coin mixing services, they spend much more money to advertise. I'm sure they do not work with the loss. you have the possibility but the competition doing his job. Maybe is time to change your strategy. Also, I don't know about server requirements for your application, maybe you can find a little bit cheaper server for them.

It is not about the competition, it is merely about the fact that I do not have billions of dollars at my pocket. I am a programmer and I have created a service that worked without any substantial issues for nine months, I guess hundreds of people used our mixer and I believe the service may work in this way for a very long time. Five of six times people sent us more than we can handle and every time I returned every Satoshi back to its owner.

Unfortunately, I do not see any more sense in a continuation, I spent too much my own money for this project. Only the sig campaign for a week costed around 0.2 BTC, which was a half of my initial mixing reserve. It was a lot of joy to work on this project and I am happy about this experience, it benefited me in numerous ways. However, my decision is to offer the donation for customers and if none comes just close the doors soon after 5th November.

Peace to everyone.
member
Activity: 265
Merit: 14
Nina
snip
To be exact the service possesses around 0.32 BTC for send-receive mixing and 0.09 BTC for prepare-takeaway mixing. I didn't get the point of your second proposition.
It wasn't a proposition. Just a hint explanation about that knowledge-skills still need finance to create a complete success. Sorry for broken english. 

snip
What the hell are you talking about here? I am not asking for a loan, I do not require anything, I just do not see any more sense in spending my own funds to maintain the project.
-snip-
You guys on forum sometimes go crazy about the "reputation stuff". I do not see anything illegal or dishonest about my behavior.
You misunderstood my sentence; you are not asking for a loan but asking for donation (begging) which may be considred against the rule like it is the case for "asking for a loan without collateral" . I meant your case which is "money begging" is worst than the second case which is "asking for a loan without collateral". Sorry again for the broken English, am not trying to accuse or insult you in any way Smiley
copper member
Activity: 57
Merit: 6
Let's assume someone gives you 0.5BTC so you can pay your expenses for the next 3 months... How much would you be able to mix if you don't even have such a low amount to keep your server running?

Btw, thank you for not thinking about exit scamming.

I am not asking about 0.5BTC, the server costs for the next three months is 0.05BTC. It is not a problem for me to pay such an amount. I just do not want to do it. Look, I have already spent on this project around 0.35BTC, after all this is a business and with current mixing reserve it does not bring a profit. Hence, I do not want to continue it, though it was a lot of joy for me. I am ready to maintain the service, but only if it does not eat my money anymore. The only way to achieve it is to offer people to donate. That's it.

Concerning our volumes. First of all, we provide the statistics on our profit, to get access to it you just need to create an account. For nine months we have mixed around 3BTC, which is almost x12 of our reserve. That's all I can say, dry and honest.

Exit scamming is a shame for me, I will not be able to respect myself if I run with someone's money. 
copper member
Activity: 57
Merit: 6
I can resume that the problem is not for just hosting charges; the service doesn't possess any reserves to handle mixing operations. Your programmation skills may help you run the service in a safe way but can't assure efficacity for potential clients, nor for investors or donators.

To be exact the service possesses around 0.32 BTC for send-receive mixing and 0.09 BTC for prepare-takeaway mixing. I didn't get the point of your second proposition. With my skills I have built the service from scratch and advertised it on this forum. I have managed to attract a significant number of customers taking into account that almost no marketing was involved.

Yes you are a beggar now and this post may be considered worst that "asking for loan with no colletaral", which is against the forum rules and may cauz you troubles.

What the hell are you talking about here? I am not asking for a loan, I do not require anything, I just do not see any more sense in spending my own funds to maintain the project. I offered people to donate around 300$ to cover server's costs for the next three months. If no one is ready to share money with me -- it is completely OK. I will just close the service after 5th November. That's it, that's the whole story. That simple.

You guys on forum sometimes go crazy about the "reputation stuff". I do not see anything illegal or dishonest about my behavior.
legendary
Activity: 2758
Merit: 6830
~
Let's assume someone gives you 0.05BTC so you can pay your expenses for the next 3 months... How much would you be able to mix if you don't even have such a low amount to keep your server running?

Btw, thank you for not thinking about exit scamming.
member
Activity: 265
Merit: 14
Nina
If someone likes our service you still may help us to stay in the business. To continue server rent for the next three months I need around 0.05 BTC,

I can resume that the problem is not for just hosting charges; the service doesn't possess any reserves to handle mixing operations. Your programmation skills may help you run the service in a safe way but can't assure efficacity for potential clients, nor for investors or donators.

so if you feel like you want to support us, direct your donations to our official address:

1BWhisku6FmdcWk776vrqb2KHs88r5oicp

Yeah-yeah, I know, I look like a beggar now. You may blame me.

Yes you are a beggar now and this post may be considered worst that "asking for loan with no colletaral", which is against the forum rules and may cauz you troubles.


I suggest you to resume the situation in one clear topic then post it in the Project Development board.
legendary
Activity: 1203
Merit: 1000
I know for several similar coin mixing services, they spend much more money to advertise. I'm sure they do not work with the loss. you have the possibility but the competition doing his job. Maybe is time to change your strategy. Also, I don't know about server requirements for your application, maybe you can find a little bit cheaper server for them.
member
Activity: 265
Merit: 14
Nina
The profit we gain from our operation is very small and does not cover the server's costs. Hence, I think about closing the service's doors after 5 November approximately.
Sad to read that your service will shut down after 9 months reputation build. Some projects may take years to be widely known as the key to success was always patience.
There must be solutions for financial issues if the service is doing well for this long time, so why not running an ipo (btc based) or make some partenerships with actual influencers in the crypto market. Your decision may be based on sophisticated conditions but this would be depressive for all the enthousiasts.

I am proud we did not cheat anybody and we are going to disappear with a light heart. If you have something to say, please do here, I am still monitoring this post.
Please edit the OP with this new announcement [make it extra bold in Red color] to warm everybody then try to keep frequenly pumping this thread. Publish the announcement in all your official channels as you should mention this in the main website before the 5th November.
I don't know if this may help but may be you have to inform moderators here (they are always interrested in such important announcement) .
legendary
Activity: 1904
Merit: 1074
We will develop alternative strategy for marketing through this forum. Either it will be a signature campaign with a trusted manager or maybe a campaign without a manager with an escrow. Let us think about the happened situation for the couple of days. It was a lesson for us.

Best regards,
BitWhisk.io

Did you find a reputable signature manager to host your campaign? I see your 1 week campaign went well, so I figure that

kind of marketing is ideally suited for this kind of business, right? I have participated in loads of mixer sig campaigns in the

past and consequently started to use those services and I am still using some of them. Unfortunately my best service got

a guilty conscious and closed their doors.  Sad  Good luck with your project, I will take a look at it and post something on this

forum.  Grin
copper member
Activity: 57
Merit: 6
Allright, now the service is up and working. Time to announce what has been added.

New mixing mode is implemented

In addition to classic send-receive scheme we have implemented so-called prepare-takeaway mode. It works very simple:
  • Create account and top up your balance (read why we need this step in our faq);
  • Tell us an amount to mix;
  • We prepare a stash on our address (you can see it on any block explorer) and generate two incoming addresses for accepting your deposit;
  • After your coins arrive we reveal the private key of the stash address;
  • Import private key in your wallet;

Authorization opens up even more functionality. Inside of account you will be able to monitor our earnings statistics and invest in BitWhisk.

Backward compatible

You may continue using our service without registration. Send-receive mixing mode is available instantly. We have improved UI and hope your experience will become even better.

Testing

We need enthusiasts ready to test our new mixing mode. To become a tester you need to create an account and write me a PM here, I will add some coins to your account balance so you will be able to use a new mixing mode with ease.


For more information, you may read our FAQ.
copper member
Activity: 57
Merit: 6
Hey guys! This thread was untouched for couple of months. All this time I was working on the project and now BitWhisk v2.0. is about to appear. Please do not use our service in the upcoming hours, I am deploying the updates!

All details will be announced here after the work is completed.

copper member
Activity: 57
Merit: 6
I don't think if there is any mixing service which shares their source code. This would definitely distinguish you from the others. However, wouldn't it expose your method of mixing coins and make it easier for someone to track people who have used your service?

Yes, it is a very good question, dear BitCryptex. I do not think that publishing code may harm customer's privacy. It is just an algorithm, knowledge about its details doesn't make tracing coins easier.

Though, it is a very serious step and I am still thinking about it carefully.

What else are you working on right now?

We still have some directions for development, for example, I would love to introduce a new mixing mode: with the revealing of private keys, in addition to implemented send-receive scheme. This allows to transfer coins to the past, which is great. However, for that purpose I need more coins, because this new mode should work kind of independently from the existing system.

Current functionality is pretty stable and TBH, after creating JS-free version and api I have no ideas on what can be added. I constructed the system assuming it should handle hundreds of transactions per day and we do not have so many traffic yet Grin

Hence the further development is not about coding, but more about finding investors, which is much more complicated than programming.

If you have any ideas for development, let me know.

Thank you for a non javascript version of your website.

I am glad you liked it. Thanks for your feedback, it is important for me.



legendary
Activity: 1876
Merit: 3132
We also want to increase the trust to our service and the following idea comes to mind. What if we publish our backend source code? Of course, nobody can check that this code is installed on server, however anybody could read it and make sure it makes sense. What do you guys think about that? Would you be interested in seeing BitWhisk source code?

I don't think if there is any mixing service which shares their source code. This would definitely distinguish you from the others. However, wouldn't it expose your method of mixing coins and make it easier for someone to track people who have used your service? What else are you working on right now? Thank you for a non javascript version of your website.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
We also want to increase the trust to our service and the following idea comes to mind. What if we publish our backend source code? Of course, nobody can check that this code is installed on server, however anybody could read it and make sure it makes sense. What do you guys think about that?
Even though I'm not a back-end type of guy, I think it's a good move (for transparency's sake [to an extent]).
copper member
Activity: 57
Merit: 6
So, it's time to summarize the current state of our project.

With the help of users of this forum we performed a thorough testing (thanks to everybody who participated). We have worked a lot to make our service better and the main features up to the moment are:

1) Miner's fee rate for output transactions is controlled by users,
2) JS-free version of our interface is implemented,
3) REST API is implemented.

We also performed 1-week signature campaign. Now we have customers using our service with some periodicity. For the whole period we have mixed around x5 of our reserve.

Currently we are seeking for the ways to attract people's attention to our service and find some investors. Hope that soon our press release will appear on one of the news platforms devoted to cryptocurrency.

We still have directions to develop, however we need to increase our reserve before digging into development.

We also want to increase the trust to our service and the following idea comes to mind. What if we publish our backend source code? Of course, nobody can check that this code is installed on server, however anybody could read it and make sure it makes sense. What do you guys think about that? Would you be interested in seeing BitWhisk source code?
copper member
Activity: 57
Merit: 6
Dear friends,

we have developed a simple REST API for using our service. All the documentation is available at the link above.
copper member
Activity: 57
Merit: 6
Hey guys, here we are with the great news!

Now all the functionality of our service is available without Javascript! You can simply disable it in your browser settings (presumably Tor) and enjoy mixing with us. No additional actions from your side are needed.

Of course, the interface without Javascript is raw and simple and you are supposed to understand what you are doing (we wont be able to show popups telling that you need to download the Letter of Guarantee).

If someone can test this new functionality it would be great! Any feedback is welcome Cheesy

p.s. A small bug concerning payments with smallest miner fee rate (1 sat/b) is fixed. Now if our bitcoin client thinks that the fee rate is too small we just raise it a little bit (add 1 sat/b until the transaction is sent).
copper member
Activity: 57
Merit: 6
Dear friends, yesterday we had a small downtime due to hosting problems.
Now the system is up and works in a regular mode.

Currently the small bug is discovered when trying to mix coins with small miner's fee rate (around 1-2 sat/b). We will fix it in a couple of days.
legendary
Activity: 1596
Merit: 1034
It took a long time to gain confidence in a new coin mixer. I believe if you continue to work hard and keep the trust of the users, then the trust of this new coin mixer will quickly grow and develop, let alone assisted by advertising in the form of signatures that make this new mixer coin is seen by many people and make them curious about the quality and service provided . Good luck.
copper member
Activity: 57
Merit: 6
We will develop alternative strategy for marketing through this forum. Either it will be a signature campaign with a trusted manager or maybe a campaign without a manager with an escrow. Let us think about the happened situation for the couple of days. It was a lesson for us.

Best regards,
BitWhisk.io
hero member
Activity: 882
Merit: 976
I hate to bring negativity to your service announcement, but I am one of the reviewers that have vouched for your service, as can be seen in the quote in your original post.

With that said, I must offer full disclosure and state that after I have seen your signature campaign and the bad actor that you've chosen to manage it, I have removed you from my list of trusted mixers. Please reference this quote from another one of your topics:

Although we are going a bit off-topic here, I feel it's still valid, as this is an evaluation thread for a service/site that you wanted feedback for.

Signature campaigns are effective, yes. But they are only as effective as the users that are a part of that campaign. Generally speaking, you're not going to find much use for 25 users to be a part of your campaign if the majority of them are 3rd-world shitposters that spam the wrong parts of the forum. The areas in which your participants post need to target your services. Chance are that Bitcoin Discussion doesn't warrant the need to display your ad, as it's generally filled with 3rd-world sig spammers who don't see a value in mixing coins, as their only goal is to cash out their earnings every week.

Honestly, if I were you, I would kill your signature campaign, and start a thread where you're looking to find [up to] 10 substantial members of this forum that you're willing to pay. Given that you're spending about 0.4BTC for two weeks, I'd rather take that and offer 0.01BTC per week for a month for up to 10 participants. Full Member and up only.

Mixers are very important to privacy, and with the shutdown of BitMixer, we've been seeing a lot popping up... Given that your UI is so clean, and your userflow is excellent, there's no reason why you shouldn't be one of the top competing mixers in this space. But perception is everything. Everything.

Unfortunately, after seeing that you hired a campaign manager without doing your homework has actually damaged my perception of your company. All of a sudden, it doesn't feel reputable or trustworthy, but rather one that seems like it will do anything to get the word out, even if that means hiring the bad actors in the crypto world that don't have any integrity. You simply cannot associate yourself with these types of members of the crypto world.

Aww, shit, BitWhisk, I had so much hope for you, but actions mean everything here, and I hate to say that you haven't made the right ones so far, other than this thread.

Honestly, this will go to show how quick you can damage your own reputation here; once you get past all the sig spammers and 3rd world shitposters, we actually are a very tight community who care deeply about not just this forum, but about Bitcoin as a whole. I wish you would have done more research before entering this space.

And I can honestly say that I believe if you don't rectify your situation with having a non-trusted member host your signature campaign, you are only shooting yourself in the foot. If I may be honest, I would have considered bankrolling a portion of your reserve if it weren't for that major mistake that you've made. Now? I won't even think about it twice.

Sorry, but until your signature campaign is done, can you please remove my review from the top post? I do not want to be associated with a company that associates with known scammers. Thank you.

Edit: OP has dealt with this matter swiftly. Please continue with leaving my review in tact. Kudos!
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Escrowing is good, but implementing it in a frank way would cost too much. For example, if mixer's reserve is 100BTC and they hold in escrow 10BTC this does not guarantee that all users will get the money back if mixer turns into scam, right? Actually, escrow should be much bigger than reserve, then it guarantees that people's money will not be lost. But it is a nonsense, nobody is going to hold 200BTC in escrow, while using only 100BTC in current reserve.

Concerning advertisement, we have just started our signature campaign, check it out.

As much as I understand that you guys may be in need of investment though, I would let the site run for a while before asking for any investments. It makes it seem like you're trying to get some quick money, since there is no shortage of coin mixer scams in the past.

We are not trying to convince anybody to put coins on our accounts, however we have a right to offer this to people. If we just stay in silence then obviously nothing is going to change, right? We are not expecting people to trust in us and invest right now, however something should be done, hence we decided to run a campaign and publicly announce our service. Maybe it works, maybe not. We are also extensively looking for investment by our private channels off the forum.

Best regards,
BitWhisk.io


There is nothing wrong to escrow 10 bitcoin and it really makes sense, pretty enough for your mixer at this stage.
It's good you started signature campaign, it will really help you a lot if you would promote with 30 or more participant. But your manager has four red trust, it's not nice in other's eye, think about that too.
On another hand wish you success.
copper member
Activity: 57
Merit: 6
Site looks good. I think the fact that you're conducting a review campaign is definitely going to help with your public image, as well. However, I definitely think that it's going to hard for new mixers entering the scene because they don't have the trust of the public.

I agree with you, however, following this logic nothing new has a right to come up then, doesn't it? Just because first time nobody trusts a new product doesn't mean this product is going to turn into a scam. We put a lot of time and effort in developing this project, and we are satisfied with the result. We brought new features, which are not available with other mixers on the market. Moreover, we want to develop it further (you can check our roadmap on the investment page), but before that we need the current model start working, and for that purpose we need bigger reserve (concerning this, see my answer below). 

Either escrow some bitcoins to start off so that people have the peace of mind of knowing that they are protected, or launching some sort of advertising campaign will help as well based on what I've seen with other mixers.

Escrowing is good, but implementing it in a frank way would cost too much. For example, if mixer's reserve is 100BTC and they hold in escrow 10BTC this does not guarantee that all users will get the money back if mixer turns into scam, right? Actually, escrow should be much bigger than reserve, then it guarantees that people's money will not be lost. But it is a nonsense, nobody is going to hold 200BTC in escrow, while using only 100BTC in current reserve.

Concerning advertisement, we have just started our signature campaign, check it out.

As much as I understand that you guys may be in need of investment though, I would let the site run for a while before asking for any investments. It makes it seem like you're trying to get some quick money, since there is no shortage of coin mixer scams in the past.

We are not trying to convince anybody to put coins on our accounts, however we have a right to offer this to people. If we just stay in silence then obviously nothing is going to change, right? We are not expecting people to trust in us and invest right now, however something should be done, hence we decided to run a campaign and publicly announce our service. Maybe it works, maybe not. We are also extensively looking for investment by our private channels off the forum.

Best regards,
BitWhisk.io

hero member
Activity: 1666
Merit: 753
Site looks good. I think the fact that you're conducting a review campaign is definitely going to help with your public image, as well. However, I definitely think that it's going to hard for new mixers entering the scene because they don't have the trust of the public. Either escrow some bitcoins to start off so that people have the peace of mind of knowing that they are protected, or launching some sort of advertising campaign will help as well based on what I've seen with other mixers.

I like the fact that you have an option for unique time delay, that is a feature that I think a lot of people are going enjoy using.

As much as I understand that you guys may be in need of investment though, I would let the site run for a while before asking for any investments. It makes it seem like you're trying to get some quick money, since there is no shortage of coin mixer scams in the past.
copper member
Activity: 57
Merit: 6

Closing after 5th November
If you want us to stay you may donate, we need around 0.05BTC to pay server's costs for the next 3 months

BitWhisk — mix Bitcoins with Whisk





BitWhisk is a new Bitcoin mixing service designed to defend your privacy. The project is built by a team of professional web developers and security experts. We stick to the highest level of business standards and help people maintain anonymity in Bitcoin network. We understand our business runs on your trust and our first priority task is to gain an excellent reputation. We are here to transform Blockchain into complete mess!

Main features:
  • Mobile friendly website with simple to use interface;
  • Working TOR-mirror;
  • Custom service commission between 0.5 and 3 percents;
  • Up to 10 target addresses;
  • Unique time delay (up to 48 hours) for every target address;
  • Smart minimum constraints depending on the order structure;
  • You control miner's fee for outcoming transactions;
  • Letter of Guarantee for every mixing order;
  • With us you can check the status of your order at any time;
  • JavaScript-free version of the website;
  • REST-API for developers.

Now, let us introduce our mixing service in the form of concise FAQ. You can always find the full answers on our website.

How does the mixing process work?
The essential scheme is very simple. You send us coins and we send them back to you from our reserve. You obtain your BTC from addresses that have absolutely no Blockchain relation to your transaction history.

How long does the mixing process take?
The answer depends on time delays you specified during the order process. Note that the delays are counted from the moment of your incoming transaction getting 2 confirmations (see below), not from the moment of creation of your order. Once the specified delays are over our backend code automatically sends your coins back to the target addresses.

Do you randomize the time delays?
Yes, we randomize long time delays with short intervals up to 10 minutes. This is done in order to increase complexity of our transaction history and exclude the situations where several of your target addresses are included in the same transaction. In turn, urgent payments are processed right away after your incoming transaction has been received.

How many confirmations do you need to accept transactions?
We accept all incoming transactions after 2 confirmations.

How long is incoming address valid for?
Generated address provided to you on the order page is valid only for 24 hours. All transactions paying to the address after this period will be ignored. Once all your delayed payments are processed the data concerning your order is completely deleted.

What logs do you keep?
Logs of any nature are not maintained. We do not store any information that can be used to identify the users either. All logs are wiped out on a routine basis to add to organizational efficiency and security of the users that rely upon us to maintain their anonymity.

Can I adjust miner's fee for outcoming transactions?
Yes, we provide our customers with a free choice of miner's fee rate for outcoming transactions made by our server. Please note, if your transaction gets stuck in mempool for 5 blocks and unconfirmed change is needed to process other customers payment we will resend it with higher miner's fee.

Do you use segwit addresses?
Yes, to reduce miner's fee for outcoming transactions made by our service all incoming payments are accepted to p2sh-segwit addresses. Moreover, with us you can forward your BTC to bech-32 addresses.



We carried out review campaign and obtained quite a lot of positive feedback. Thanks to everybody who participated and took a part in our development. Below are most memorable reviews.

I'm in a similar boat to Joe. I haven't forgotten about you guys either. I was around for the initial round of testing I believe and I wrote up a nice review about how enjoyable the UI looked on mobile devices (iOS, more specifically). I have also come back to mix some coins through your service, because it's unfortunate that you gave people coins specifically to test Nested SegWit addresses and nobody did so. I sent .002 through, with a delay and a custom fee. No problems thus far, very clean, very responsive and transparent. I can really see you guys becoming a bigger name in this niche. I would like to see a bigger maximum mix, but I can understand that you're working with limited capital from the beginning. I wouldn't mind accepting a reward, but I certainly am not expecting one, either.  Grin

After the 5hr delay I configured for this tumble, I have received my coins with no issues. I used a nested SegWit address to fund the mix, and received it to a nested SegWit address, as well. I went to check the status of my order after my coins were sent to me, and I’m glad to know that there was no reference to the order on your servers. After utilizing the service once, I must say that it is an extremely simple service to use; it’s the simplest out of all the mixers I have previously used.

Needless to say, but I will anyways: I have added this to the list of mixers that I use on a regular basis.

No need to send me any rewards for providing my experience. I just hope that this service is a continued one, and a profitable venture for you. You’ve got my vouch, so I hope you truly take the opportunity to gain some trust and reputation! Great addition to the privacy aspect of bitcoin!

We are currently seeking for investors ready to make a contribution to our mixing reserve. We offer our partners 70% of the profit according to their share. If you are interested, visit this page.

Links:

Precautions:
Please, always check the domain names. The above links are the only correct ones. Always download and check the Letter of Guarantee before sending us any coins. Our official BTC address for signing messages is 1BWhisku6FmdcWk776vrqb2KHs88r5oicp. Finally, do not use clearnet link within a TOR-browser.


Have a nice and safe mixing with BitWhisk  Wink

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