Topic: What is Bitcoin Mixer? (Read 1481 times)

If you use trusted mixing sites like Chipmixer, no one can trace you. You can't hide any transaction from blockchain but you can exchange them so that no one can trace you. For example, if you have BTC on an address and you send it to Chipmixer, you will receive another BTC in another address, so there's no link between your btc and the next one which you are going to use. So, you will be impossible to be traced.

is there another coinjoin mixer? wasabi need to download on pc

Filipino Translation of this topic: https://bitcointalksearch.org/topic/ano-ba-ang-bitcoin-mixer-5216656

Images have been updated since tinypic don't exist anymore.

Apparently, the Pentagon and the Government in general is hesitant to hire and give a security clearance to anyone,  having a bitcoin or any crytocurrency account. In this article they are describing bitcoin users as Terrorists, Cybercriminals, and Spies. And if your not one of these, and just investing in it, you're just delusional, and therefore not desirable to work in government.

https://www.stripes.com/news/us/bitcoin-a-shadowy-realm-as-us-weighs-security-clearances-1.529596

So I am wondering...would a bitcoin mixer make a difference?  Or send up more red flags? You can't tell who is sending whom money, but the money is missing from your account and going somewhere. And this is what the government in monitoring.

It's an interesting article. The government can't figure out what to do with bit coin, and are or were considering to make a foreign currency.

Unless you're a blockchain analysis expert it is hard or even impossible to determine if yours coins are clean or not. Bitcoin is so mixed that there is no absolutely clean coins (maybe those fresh mined).

Why should US Army tracking cryptocurrency? However NSA is working on bitcoin case at least from 2013 as revealed in the documents released by Snowden. Even then they have very powerful tools (Xkeyscore, Oakstar, Monkeyrocket) to track bitcoin users, and after 6 years these tools have become even more powerful.

I did not know about Bitcoin Mixers, and also I was wondering what the ChipMixers were, that I saw on so many profiles. And also just recently heard about Tor and am reading up on that.

I read the article also,
https://cryptalker.com/bitcoin-mixer/

It's interesting that they say, on one hand, that you really you didn't need a Bitcoin mixer "if your funds are clean."

But if you get your bitcoin from the dark web, you need, (or should use) a mixer to disassociate your self from any BTC you purchased. They also recommend you consult a lawyer first. It all sounds very nefarious on the bitcoin user's part.

On the other hand they mention the U.S. Army and NSA are are tracking cryptocurrency users by analyzing transactions, which make the government sound more nefarious and sinister. So I understand why people are compelled to a mixer for basic privacy.

Thanks for the thread.
 

Were you interested more in knowing about what is a Bitcoin mixer all about or just wanted to show your desire to join the campaign and wearing the Chipmixer signature? Anyways, there had been lately 2 Bitcoin mixers which shut down their services due to some legislation issues, but this thread - https://bitcointalksearch.org/topic/breaking-mixing-services-5117328 , my God this showed me that the reputation we need to hold to be one of the Chipmixer members is actually worth it because Chipmixer was (and is) the only Bitcoin mixer which didn't get traced by that guy and I don't see Chipmixer leaving this business anytime soon as their services are very unique compared to most of Bitcoin mixers still in market.

Well, this thread is sort informative. I never did learn it before and was thinking what was really chipmixer all about since there are quite few legendary users wearing chipmixer signature. Usually those who wear chipmixer signature does have reputable profile as a user so it will easily gets attention to all users especially newbie's that are wishing someday that could wear signature.

I don't think it's the only option left, there are pretty lots of mixers in the space that we can use, but I like this mixer since it's more reputable compared to other mixers.

Here is a more comprehensive list for you.

Mixers don't necessarily remove the traceability of your bitcoins. They can certainly make them harder to trace, but adversaries are always trying to break them. Not all mixers are created equally, either. Some mixers employ much better techniques to evade blockchain analysis than others, so it's worth doing some research to find the right mixer.

another way also should be mentioned: btc → exchange/multiwallet → some anon crypto (i.e. DASH) → btc

With mixer, you can remove the traceability from your known bitcoin address.
Bestmixer is seized by the authority and I have updated it in the OP, you probably have missed that. Other one, bitblender has stopped its operation.

Thanks for the tip on Wasabi; It took me a couple of days to  figure out how it works. The only drawback I see yet is that one  need to wait for 50 men to make their decision on coins shuffling. Regardless, it's only a matter of time waiting.

Not true technically. Generally all of our transaction is link with each to other. If I send you BTC and you send them to others, this ca be traced. In case of mixer, assume your address is X, mixer address is Y, another address of mixer is Z. There will be no connection with Y and Z, you send BTC to Y, mixer will give you the address Z with your BTC.
No link with your transaction. But to avoid some more issue, this mixing process isn't enough.

It is actually about how you want to carry out a transaction.

Basically, as an example, if you're Alice and you've got an address named X and you're sending money to Bob and you choose to send him the coins directly, you'll use the address once and for whatsoever reasons, there's a website named https://walletexplorer.com which will be able to trace all your future transactions from addresses linked to that wallet if you keep using it. Nonetheless, even if you send coins to Bob from an address whose private key is held by you and you may have used it before already and/or have signed messages from that address, it's definitely easy to trace you. While if you choose to go for mixers (who charge from almost little to nothing), even if you continue to use the same address to send money to Bob, your wallet X will be sending coins to a different address every time you use a mixing service and nobody can actually trace ya people without knowing both of you personally and having links to your addresses. I sometimes use gambling websites to ^mix up^ my coins as they allow me to send my coins to their addresses (a unique one every single time) and I can withdraw at any address I want without the fear of getting traced but costs (as transaction fees) are very high compared to mixers. So it's better to use a mixer as it has all the properties of Dark coins' services to serve their users with enhanced privacy levels. Chipmixer doesn't really deserve to be 2nd in OP's list but it is actually the number one mixer and I've personally used it without any fear of losing my money.

Good that its just number 1 mentioned in this list, and not number 1 of all mixers 




They probably are scared now.
Happens if you can't properly organize the infrastructure.

For anonymous, professional and reliable mixing, ChipMixer is the only option right now.

Sometimes i dont understand how the anonymity of the coin left, all trade can be traced but with this, if we are sure this is safe and not expensive we could adopt it more. Sometimes we dont demand or need this anonymity but I wonder what happen to this feature.

I guess the list should be updated, the number 1 in the list just made an announcement

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Not sure of what will happen on the currently actively mixers.

I don't hear news about bitblender having the same problem with bestmixer, but they just shut down their business.

I think the closest you can get currently for BTC would be through Wasabi, as described here: [Guide] Decent mixing methods. It is a wallet, but it allows you to cloak your transactions amongst 50 other TX emitting candidates.

Wasabi BTC addresses though is based on Bench32, and those still have adaption lags as can be seen here: https://en.bitcoin.it/wiki/Bech32_adoption.