Bitcoin Tumblers - page 2. | Bitcointalksearch.org

jseverson

hero member

Activity: 1834

Merit: 759

Quote from: hyunee on April 08, 2019, 05:54:42 AM

I'm also not familiar with these mixers. Correct me if I'm wrong but this is how I understand this mixer, you will send your coin and the mixer will mix all the coins by you and other people that joined the mix and you will get randomized coin? Is that it? https://[banned mixer]/how.html. That's how I interpreted that link.

Yes. This effectively erases your coins' history, as when they come out, people won't know exactly where they came from, if they're associated with so and so addresses, or who even owns them.

hyunee

full member

Activity: 476

Merit: 100

I'm also not familiar with these mixers. Correct me if I'm wrong but this is how I understand this mixer, you will send your coin and the mixer will mix all the coins by you and other people that joined the mix and you will get randomized coin? Is that it? https://[banned mixer]/how.html. That's how I interpreted that link.

okala

full member

Activity: 980

Merit: 114

As the name implies mixers what it does is to split your crypto coin into several places with just a single transactions, just like the lightening network in that way it reduces the cost of sending because you spend less amount on the fees. I am new into lightening but from what I understand so far once you have a lightening channel you can send bitcoin to several accounts with just a small fees but you pay for the channel. It good for those that make several transactions such as campaign managers.

alisafidel58

full member

Activity: 364

Merit: 127

Quote from: Throwaway2398 on April 07, 2019, 11:07:53 PM

How do sites such as cryptomixer.us, bitcoin fog, etc work? I just used cryptomixer and it split up my money into like 100 wallets. Is there any way I can do this without using a service? Quite interesting

They mixed all the bitcoin in a pool or wallet and tracing the original transaction will be hard, is this the type you want to achieve? I don't know if this is possible for a normal person to do, most people don't bother doing such thing and just went straight to a mixer to avoid the hassle.

Noa_Amable

full member

Activity: 714

Merit: 100

Quote from: odolvlobo on April 08, 2019, 02:30:20 AM

Quote from: Throwaway2398 on April 07, 2019, 11:07:53 PM

How do sites such as cryptomixer.us, bitcoin fog, etc work? I just used cryptomixer and it split up my money into like 100 wallets. Is there any way I can do this without using a service? Quite interesting

It works by sending your coins to another person's destination and another person's coins go to yours. You can't do it without other people. However, you can use the Lightning Network instead of a service. It is an effective mixer because transactions are done off-chain and go through other people.

well, that could be a solution. still, you need other people anyway.

Carlton Banks

legendary

Activity: 3430

Merit: 3080

Mixers are usually set up in a way that can simply steal your money, coinjoin is a better way of obfuscating ownership as there's no risk of theft

Quote from: odolvlobo on April 08, 2019, 02:30:20 AM

you can use the Lightning Network instead of a service. It is an effective mixer because transactions are done off-chain and go through other people.

sort of. If you do just one payment with Lightning, the money you receive is not exactly unknown in ownership (as the person who sent it to you knows, athough this is still better than regular onchain transactions and the same privacy level as using a mixer)

But once you do a bunch of lightning payments, knowing exactly where money originated gets more difficult. Since lightning is fast and cheap, that process will be very quick if you're a regular user.

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote from: Throwaway2398 on April 07, 2019, 11:07:53 PM

How do sites such as , bitcoin fog, etc work? I just used cryptomixer and it split up my money into like 100 wallets. Is there any way I can do this without using a service? Quite interesting

It works by sending your coins to another person's destination and another person's coins go to yours. You can't do it without other people. However, you can use the Lightning Network instead of a service. It is an effective mixer because transactions are done off-chain and go through other people.

asayoyaasa

copper member

Activity: 648

Merit: 159

Quote from: https://www.comparitech.com/blog/vpn-privacy/how-to-mix-bitcoins/ link=How to mix bitcoins and send bitcoin anonymously/

To get started, you’ll need the following:

The Tor browser or a similar Tor-enabled interface to anonymously access the web and DarkNet. We recommend following the entire tutorial (including reading this page) in the Tor browser to maximize anonymity
A bitcoin wallet with the amount of bitcoin you want to mix. This can be a normal wallet created on the clear net, which we’ll refer to as your “market” wallet. I’ll be using my Coinbase account.
A basic understanding of how to send bitcoin and fund a wallet
An encrypted, plain text note to keep track of all the addresses, IDs, and other information you’ll need throughout this process

This is the first thing that shows up when you type your question into google, so my advice is just read that. i see what you did there using throwaway account like this :3

Throwaway2398

newbie

Activity: 2

Merit: 0

How do sites such as cryptomixer.us, bitcoin fog, etc work? I just used cryptomixer and it split up my money into like 100 wallets. Is there any way I can do this without using a service? Quite interesting

Topic: Bitcoin Tumblers - page 2. (Read 439 times)