coinmixer

Bitcoin Cash Mixer

COINMIXER

Why to Choose Us?

There is multiple mixing services on the web, however, our service is the most user friendly one. Main goal of CoinMixer is to provide secure and easy to use bitcoin mixing service for everybody.

Letter of Guarantee signed with our PGP key is created for every participation. This letter works as proof of your participation and prevents the mixing service keeping your bitcoins without compromising it’s reputation

bitcoin-mixing-service

As you probably already know, bitcoin is not anonymous (this property was never part of its original design). Bitcoin transactions are chained together in a permanent public record. Analysis of the blockchain may reveal a lot information about your transactions [1] (e.g., recipients of your payments, addresses in your wallet or the balance of your wallet). The following sections contains everything you need to know in order to prevent such kind of blockchain analysis.

There are currently three main methods how you can make your transactions more private. The first method is called CoinJoin [2] and is based on “joining” your transactions with transactions of other users. Most advanced project based on this method is JoinMarket [3]. This method is very secure, but unfortunately not fully implemented yet. However, the development process continues and the user base is slowly growing. The second method is called Confidential Transactions [4]. In simple terms, this method encrypts amounts in your transactions and helps obfuscate chain of the transactions. This method is not yet part of bitcoin implementation, but may be implemented in the future.

 

Comments

comment

Leave a Reply

Your email address will not be published.