Author

Topic: coin mixer service (Read 345 times)

legendary
Activity: 2016
Merit: 1313
September 09, 2022, 01:10:20 PM
#23
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?

Definitely its not the only mixer out there. Tornado cash has been a long time famous mixer for eth and surely there are some who operates like them. I think there are plenty just search here and youll find alternative. Im not really looking for one since I am not into mixer but probably will try out some for the sake of experience.
copper member
Activity: 73
Merit: 13
Trident Protocol | Simple «buy-hold-earn» system
September 07, 2022, 02:19:39 PM
#22
There always be a market for mixers/tumblers business in crypto world especially for this era of full of regulation.

Opening such business have cons and should be taken with risks. Check chipmixer, they have a website .com domain for information only then those who to want to use the mixer will need to use TOR network for security and privacy wise.
the mixer business itself have risk as well as the users have risk of getting scammed. it is really important to properly check a mixer before using it. Chipmixer is only one of a few which has a very clean and good reputation here.
and they did a very smart move to shifting to TOR network to avoid any trouble by govts and authorities.
newbie
Activity: 6
Merit: 1
September 06, 2022, 04:20:33 AM
#21
Is tornado.cash so popular? I didn't hear about it until recently after everything that happened, generally it's not the first time it happened with more than one bitcoin mixing service[1].
It was popular with the Ethereum mixing folks  Cheesy

Honestly I liked the way they had tried to set it up as compared to most mixing services.

Thank you for the encourage.
newbie
Activity: 6
Merit: 1
September 06, 2022, 03:59:17 AM
#20
I do not think that the idea of ​​launching an Ethereum mixer service or tokens on the Ethereum network is a good and profitable idea. The first reason is the one that was mentioned in the previous comment about the fact that Bitcoin mixers can perform the same service, and those who want to mix Ethereum can convert to Bitcoin, do the mix, and then buy Ethereum again. The second reason is the complications associated with development and launch, which will cost a huge budget, in addition to the lack of developers who have experience in this field. The third reason is the huge cost that will be required for the advertising campaigns after the launch, which you may not be able to recover easily due to the small number of users.
I invite you to think carefully before taking dangerous steps.

In plan, have bridge funcation that covert eth chain to btc or reverse.
The concept sounds good. But it will require facing many technical complications. It would be difficult to launch a service that has overlapping networks without compromising the privacy of users.
I mean, if the idea was easy to implement, why didn't others think of launching it, especially those who have mixers and would like to develop it for the better?

Privacy always is the first priority concern.

I think better products need time as you can see, around this world some people like gasoline cars but some like Tesla. and I thought Tesla will be more popular now.

I will try to develop a perfect product but now will not expose too much information on the technical side.
hero member
Activity: 2296
Merit: 757
September 05, 2022, 07:04:36 PM
#19
I do not think that the idea of ​​launching an Ethereum mixer service or tokens on the Ethereum network is a good and profitable idea. The first reason is the one that was mentioned in the previous comment about the fact that Bitcoin mixers can perform the same service, and those who want to mix Ethereum can convert to Bitcoin, do the mix, and then buy Ethereum again. The second reason is the complications associated with development and launch, which will cost a huge budget, in addition to the lack of developers who have experience in this field. The third reason is the huge cost that will be required for the advertising campaigns after the launch, which you may not be able to recover easily due to the small number of users.
I invite you to think carefully before taking dangerous steps.

In plan, have bridge funcation that covert eth chain to btc or reverse.
The concept sounds good. But it will require facing many technical complications. It would be difficult to launch a service that has overlapping networks without compromising the privacy of users.
I mean, if the idea was easy to implement, why didn't others think of launching it, especially those who have mixers and would like to develop it for the better?
copper member
Activity: 1974
Merit: 1757
฿itcoin for all, All for ฿itcoin.
September 05, 2022, 06:59:31 PM
#18
Is tornado.cash so popular? I didn't hear about it until recently after everything that happened, generally it's not the first time it happened with more than one bitcoin mixing service[1].
It was popular with the Ethereum mixing folks  Cheesy

Honestly I liked the way they had tried to set it up as compared to most mixing services.
newbie
Activity: 6
Merit: 1
September 04, 2022, 09:06:53 AM
#17
I do not think that the idea of ​​launching an Ethereum mixer service or tokens on the Ethereum network is a good and profitable idea. The first reason is the one that was mentioned in the previous comment about the fact that Bitcoin mixers can perform the same service, and those who want to mix Ethereum can convert to Bitcoin, do the mix, and then buy Ethereum again. The second reason is the complications associated with development and launch, which will cost a huge budget, in addition to the lack of developers who have experience in this field. The third reason is the huge cost that will be required for the advertising campaigns after the launch, which you may not be able to recover easily due to the small number of users.
I invite you to think carefully before taking dangerous steps.

In plan, have bridge funcation that covert eth chain to btc or reverse.
newbie
Activity: 6
Merit: 1
September 02, 2022, 08:26:22 PM
#16
Quote
I wonder if I may open this service but not sure of any potential risk there, anyone could advise?

If you don't know about the "potential risk", you shouldn't even think to start a new service.
Sorry if I'm looking rude but you ask for advice so I am giving you one. Asking a such question on a forum tells me you know almost nothing about the mixing niche.

Now that you posted with your second account coinmask.io, I will remember you were the guy asking a silly question, and your credibility to operate a mixer is down to zero to me
Running a mixer is far to be only about buying Webhosting, uploading a bunch of code

no need to delete your post, it's now archived for reference
https://web.archive.org/web/20220902172930/https://bitcointalk.org/index.php?topic=5411621.msg60849036


Looks you are not friendly but I will keep it as chanllenge to try perfect my product. and sure we noticed the potential risks before jump into this area.

Initating this topic just want try learn something from old guys and try draw the attentions.

We will use random wallet addres with full chain by self host ( not any existing infrastructure service like infrua) for each deal, and will abandon it after one time use, with no any log saved, no KYC, no tracking records saved, the deposit note is only way you can withdraw your asset back, lost it even service owner unable to retrieve it.

We are now try to conque the TRC chain issue that we won't anybody tracking it from first gas deposite.

and from now we will keep silence and thank you for the reminder.
copper member
Activity: 2828
Merit: 4065
September 02, 2022, 01:26:05 PM
#15
Quote
I wonder if I may open this service but not sure of any potential risk there, anyone could advise?

If you don't know about the "potential risk", you shouldn't even think to start a new service.
Sorry if I'm looking rude but you ask for advice so I am giving you one. Asking a such question on a forum tells me you know almost nothing about the mixing niche.

Now that you posted with your second account coinmask.io, I will remember you were the guy asking a silly question, and your credibility to operate a mixer is down to zero to me
Running a mixer is far to be only about buying Webhosting, uploading a bunch of code

no need to delete your post, it's now archived for reference
https://web.archive.org/web/20220902172930/https://bitcointalk.org/index.php?topic=5411621.msg60849036
legendary
Activity: 2828
Merit: 7315
September 02, 2022, 05:51:36 AM
#14
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?

People who need privacy always look for such service/technology.


The amount of people looking for privacy is very high.

Look here, 41% of all aether addresses have been 2 hops from Tornado cash. More than 90% 4 gopa from it.


 https://twitter.com/ElBarto_Crypto/status/1558428428763815942

But the one who create that image on Twitter also say "Most likely because Tornado Cash receiver -> Binance -> You". It's unlikely all owner of 41% address have good privacy awareness or actively looking for privacy service/technology.

--snip--
Thank you, we are working on the service development... hopefully we will get online before this Oct, the first is ETH, then Bitcoin if ETH chain working fine.

The pace seems to be very quick since you asked for advice few days ago, but plan to make the service online before this October.
legendary
Activity: 2464
Merit: 3548
Buy/Sell crypto at BestChange
September 02, 2022, 04:01:33 AM
#13
Is tornado.cash so popular? I didn't hear about it until recently after everything that happened, generally it's not the first time it happened with more than one bitcoin mixing service[1].

The decentralized mixing services will continue to work, while the rest of the services will try to remain hidden from the view of some governments, but all these things will lead to the establishment of better protocols to enhance pricavy.

[1] Bestmixer seized by police for washing $200 million in tainted
newbie
Activity: 6
Merit: 1
September 02, 2022, 01:50:10 AM
#12
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?
The recommended Ethereum mixer was tornado.cash and it's anticipated that there's still someone looking for privacy.
They still looking for a trusted, untraceable, and more protective service like tornado.cash.

Quote
I wonder if I may open this service but not sure of any potential risk there, anyone could advise?
Yes, you are.
But you need to build a reputation first and have a review campaign in your service, potentially you can start it here in the forum since we're a big crypto community here.  But since this is related to the altcoins service, you'll not use the service section upon publishing the review campaign.

Thank you, we are working on the service development... hopefully we will get online before this Oct, the first is ETH, then Bitcoin if ETH chain working fine.
ever/never KYC needs because I am the 10000% decentralization follower, stay away from Government.
legendary
Activity: 2366
Merit: 1206
🔰Buy/Sell Cryptocurrencies🔰
August 30, 2022, 06:44:31 PM
#11
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?
The recommended Ethereum mixer was tornado.cash and it's anticipated that there's still someone looking for privacy.
They still looking for a trusted, untraceable, and more protective service like tornado.cash.

Quote
I wonder if I may open this service but not sure of any potential risk there, anyone could advise?
Yes, you are.
But you need to build a reputation first and have a review campaign in your service, potentially you can start it here in the forum since we're a big crypto community here.  But since this is related to the altcoins service, you'll not use the service section upon publishing the review campaign.
hero member
Activity: 2296
Merit: 757
August 30, 2022, 05:00:59 PM
#10
I do not think that the idea of ​​launching an Ethereum mixer service or tokens on the Ethereum network is a good and profitable idea. The first reason is the one that was mentioned in the previous comment about the fact that Bitcoin mixers can perform the same service, and those who want to mix Ethereum can convert to Bitcoin, do the mix, and then buy Ethereum again. The second reason is the complications associated with development and launch, which will cost a huge budget, in addition to the lack of developers who have experience in this field. The third reason is the huge cost that will be required for the advertising campaigns after the launch, which you may not be able to recover easily due to the small number of users.
I invite you to think carefully before taking dangerous steps.
legendary
Activity: 2128
Merit: 6871
August 30, 2022, 04:28:00 PM
#9
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?
There are some centralized mixers that support bitcoin and ethereum, but I can't vouch for them and this coin is much worse than Bitcoin in everything including privacy.
Advantage for Bitcoin is clear, there are multiple available options for mixing coins, coinjoins, lightning network, liquid network, mercury wallet, etc.
You could still use something liek Atomic Swaps and p2p exchanges like LocalCrypto to exchange eth for bitcoin without kyc.
Than you can mix Bitcoin much easier.
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
August 30, 2022, 03:44:24 PM
#8
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?

People who need privacy always look for such service/technology.


The amount of people looking for privacy is very high.

Look here, 41% of all aether addresses have been 2 hops from Tornado cash. More than 90% 4 gopa from it.


 https://twitter.com/ElBarto_Crypto/status/1558428428763815942

This is probably similar with bitcoin.
Look how much bitcoins as mixer every month

https://www.coindesk.com/layer2/privacyweek/2022/01/25/how-popular-are-crypto-mixers-heres-what-the-data-tells-us/
legendary
Activity: 2828
Merit: 7315
August 30, 2022, 07:43:31 AM
#7
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?

People who need privacy always look for such service/technology.

3. I advise you think very hard whether you start or not such a service. If you had to ask this question, I think that the safer answer is "no", since it's not only about running a software, it's also about keeping the setup secure and maybe also hide your tracks to avoid what has happened with tornado.cash

Additionally, it's much harder to secure your setup and hide your track when you could be targeted by government or anyone else with lots of resource/money.
hero member
Activity: 1330
Merit: 736
Top Crypto Casino
August 30, 2022, 07:22:03 AM
#6
There always be a market for mixers/tumblers business in crypto world especially for this era of full of regulation.

Opening such business have cons and should be taken with risks. Check chipmixer, they have a website .com domain for information only then those who to want to use the mixer will need to use TOR network for security and privacy wise.
hero member
Activity: 2856
Merit: 570
Leading Crypto Sports Betting & Casino Platform
August 30, 2022, 06:41:56 AM
#5
Well, you may anticipate that the same thing could happen for what you're about to start if you're not careful with anonymity for starting that service like Tornado Cash.
For bitcoin mixers, there's no problem with it and they're doing their business pretty well for focusing on an Ethereum mixer, you just have to learn what happened to TC. But still, establishing and starting it won't be an easy thing to do and I agree with NF that you should think of it very well before you do.
legendary
Activity: 1232
Merit: 1888
August 30, 2022, 06:28:07 AM
#4
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?

I wonder if I may open this service but not sure of any potential risk there, anyone could advise?

About mixer for Ethereum I can't tell you anything, for Bitcoin, the one with the best reputation in this forum is the one you see in the signature of NeuroticFish and many others, Chip Mixer.

There has been a whole debate about the potential risks. Generally, the people who wear the signature will tell you that it is safe to use the mixer, although you should take precautions. Someone else argued that using mixers puts you in the crosshairs of the authorities.
legendary
Activity: 2142
Merit: 1785
August 30, 2022, 06:22:00 AM
#3
I think people will always look for mixer service, even if it is risky for them to use it based on their location.

Most users here are a customer so not sure if you're looking for advice at the right place, if anything most of us would advice potential users of your service to stay away until you've enough track record of being 'good enough' to use. 
legendary
Activity: 3500
Merit: 6205
Farewell LEO, you *will* be missed.
August 30, 2022, 04:13:36 AM
#2
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?

I wonder if I may open this service but not sure of any potential risk there, anyone could advise?

1. If you're asking about mixer for Ethereum, you should ask in altcoins section.
2. Bitcoin mixers do exist, work properly and have customers.
3. I advise you think very hard whether you start or not such a service. If you had to ask this question, I think that the safer answer is "no", since it's not only about running a software, it's also about keeping the setup secure and maybe also hide your tracks to avoid what has happened with tornado.cash
newbie
Activity: 6
Merit: 1
August 29, 2022, 12:59:23 PM
#1
After tornado.cash been seized, do you guys still looking for a similar/same service vendor?
Jump to: