Topic: What is Bitcoin Mixer? - page 3. (Read 1545 times)

I have come across the chipmixer signature multiple times and some of the other bitcoin mixing websites without actually knowing their utility, till this post (great promotion)
It's unique to be able to make transactions which can not be traced and restores user privacy in peer to peer interactions.

That’s a nice thread you’ve got running there on Mixers, and keeping it up to date as you do makes it worth a read.

Technically, the solutions differ to achieve their goal. ChipMixer I have obviously looked into out of responsibility, and their solution seems very well thought through, making their "Time Travel" feature interesting (withdrawals are not visible on the blockchain since you get private keys in return, which in fact are dated prior to your deposits).
I guess that you need to move the returned private keys related BTC to another personal wallet to complete the anonymity circle, since the private keys are also known to the mixer service.

Edit: I've merited the OP for staring this thread. I must admit that I was put off at first by those bounty joining posts, but I have hopes that the OP will not default to just bounty hunting.

No, unless the service you're using is working like a shit. Otherwise, it's not a mixer at all. ChipMixer works differently compared to others and its the mixer with a bigger presence online. I created a list and update it when needed here ( List Bitcoin Mixers)

Can it still be tracked or the sender and the receiver still anonymous and can't be tracked? I've seen a mixer and access one on my browser and didn't know how it works, so i'm all new when bitcoin mixer is discussed.

As well, what makes Chipmixer standing ahead is its PWYW (Pay What You Want)* fee model where they give the buyer an opportunity to decide what they wish to pay for the service they're getting, isn't that cool?

* - Go to https://en.m.wikipedia.org/wiki/Pay_what_you_want for more.
Mixers like these help to send out coins in a tossed way that no transactions may be caught and anonymity is maintained at par.

That is also the point I will try to make, countries like Japan and Korea have ordered exchanges to remove anonymity centered coins like Zcash and Monero as they don't want this cryptocurrencies to circulate around in their country. Bitcoin mixing is the best alternative to remain anonymous with your transactions, I consider this a loophole in the system and IMO I think that this can still pass on future regulation and international services like this cannot be controlled by one country alone.

I haven't use any mixer at all and I may try to use one to keep me anonymous. Thanks for sharing this tip lucius and I'll do what you said about using minimum amount and reading the FAQ, as far as I observe it is really needed to know first before using it in my own opinion.

I can say that mixers are maybe last defense of anonymity when we using BTC. There are many companies involved in analysis of bitcoin blockchain, or user transactions with the aim of identifying the origin of coins and users. Since most of users do not like someone to track them, we have mixers to protect our privacy.

One of the most popular sites for mixing is ChipMixer, they have been present on the forum for a long time and their signature campaign is one of the most famous and most popular among users. Some people have problems with mixers ( lost funds, process misunderstanding), so it is important to read FAQ and for first time use the minimum amount of coins for mixing.

I can vouch for Bitblender being legit. I've used Bitblender several times since around 2016 when I first discovered them through the signature campaign they had in the services section, and they do the job of mixing well without having exorbitant fees.

Make sure you're going to Bitblender's onion site (link: http://bitblendervrfkzr.onion/) and not any clearnet version of their site for mixing. It's true Bitblender has a clearnet site, but that's just for information and there were scam clones of Bitblender on the clearnet a few months back IIRC.

Am helping quote this whole post so that we would be able to see all the illustrations.


It really depends on the situation, Someone could just be in specific need of sending Bitcoins somewhere and not an altcoin.
For example, I would be in need of sending some bitcoins to my localbitcoins account, this renders using XMR or any other altcoin invalid.

That's a turn around, and not necessarily enough

Sometimes you want to buy bitcoin. More adoption, there are more ATMs and more exchanges that accept it. And you want to clear your balance from your name, so a bitcoin mixer will do the job.

Xmr is also becoming illegal in some countries. Mixers aren't illegal yet, as far as I know.

Alternatively, just use a privacy coin and skip all the work and fees associated with using bitcoin mixers.  XMR is one of the best options considering the high trading volume and fairly stable price.

Might as well add some services that people can try to mix their Bitcoin. One of them is Bitblender (the link is on my sig). They're online since 2014. The service fee is between 1 to 3 percent, and you need to use Tor if you want to use the service.

Edit: just checked the article and it mentions Bitblender and the other mixing service too. Nice, but adding to OP is still better imo.

Best mixing method by theymos- https://bitcointalksearch.org/topic/guide-decent-mixing-methods-5146241

Blockchain is available to everyone and everyone can see what Alice is doing with her bitcoin. Assume, she has 1 bitcoin, and she sent it to Bob. We can check it in explorer since it is available to everyone. We also can trace what Bob is doing with his bitcoin received from Alice. Basically, there is a way to trace everyone's bitcoin address.
Provided that it is easy to trace bitcoin transaction, what will Alice do if she wants to send bitcoin to Bob's address without letting someone knows? Bitcoin Mixer comes up with a solution to execute an untraceable transaction.

Simple process of sending bitcoin by Alice to Bob



Provided that Alice wanted to send bitcoin to Bob without a tail,

1. Alice will find out a Bitcoin Mixer.

2. Send her bitcoin to Bitcoin Mixer.

3. Bitcoin Mixer will send bitcoin to Bob.

If Alice sends bitcoin to an address of Bitcoin Mixer, Bitcoin Mixer will not send bitcoin to Bob from that address. No one will know whom Alice sent bitcoin and from whom Bob received the bitcoin.

The transaction will look like


For better understanding the system- https://cryptalker.com/bitcoin-mixer/

Some Mixing Services-
1. BitBlender shutdown
2. ChipMixer
3. Cryptomixer
4. Bitcoin Laundry
5. BestMixer seized
Before sending bitcoin to any mixing service, be sure the process, don't forget to check reviews from the internet as well as don't forget to use TOR.

LaGaulios thread, listing some Bitcoin Mixer- https://bitcointalksearch.org/topic/2023-list-bitcoin-mixers-bitcoin-tumblers-websites-2827109