Hardware and software setup

A simple guide to safe and efficient bitcoin shuffling. What is bitcoin mixer bitcoin mixers top


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One of the most destructive misconceptions among those who use cryptocurrencies is the belief that Bitcoin is indeed a safe and private means of payment. But what if this is not the case at all, and the legendary creators of the largest blockchain system left the anonymity issues unattended? The reality is that this system calculations is really not 100% anonymous and actually makes it possible for everyone to find out to whom and in what amount this or that amount was transferred.

Today, either because of ignorance or because there is no real need for anonymity, the demand for bitcoin is still high and continues to grow, and with it the price of cryptocurrency is growing. Apparently, the fact that the contents of wallets and all transactions are visible at a glance does not really bother investors who are actively buying up a promising financial asset. Therefore, our material will be of more interest to those who use Bitcoin in order to make anonymous and secure transactions with a minimum commission.

The anonymity of payments is an issue that worries not only those involved in illegal activities. The very fact that any blockchain user has the ability to access all your transactions and find out where your funds were spent will seem to many to be a breach in the security of your finances.

And this is quite logical, because we do not even take into account the fact that federal services potentially have full control over operations. What comes out - cash settlement with paper money is much safer than Bitcoin, which initially positioned itself as anonymous agent calculations?

Pseudo-anonymity is a key disadvantage of Bitcoin

Of course, things are not so bad, and the creators of the world's first cryptocurrency do not deserve too harsh criticism. In the end, the Bitcoin system, nevertheless, provides for a certain level of security and conditional anonymity. However, the tools in this regard are limited only by the fact that the system does not request your personal data and does not regulate the process of transferring funds in any way. However, the developers of the cryptocurrency clearly missed the fact that the very essence of bitcoin as a blockchain-based electronic currency, where all transactions are visible at a glance, completely eliminates the ability of the currency to be anonymous.

Blockchain technology is designed in such a way that all transactions within the system are collected in a completely transparent database. Chains of information blocks, where bitcoins and transaction data act as information, are completely open and any user of the system has the opportunity to see how much bitcoin and to which wallets it was sent. Theoretically, it is even possible to determine the balance of a particular wallet, which makes the system clearly insecure.

A short-sighted user may assume that if his transactions are visible to other users, then this is not the most a big problem because no personal data is available. However, we are talking about imaginary security. Many people forget that personal data is inaccessible only until the funds are withdrawn to a payment card or sent as payment for goods with delivery to the address. As soon as you convert bitcoin to fiat money, your person is immediately deanonymized.

And even though 99.9% of bitcoin owners are completely uninteresting to special services and scammers, today there are already known cases of disclosing the identities of criminal elements who accepted “black payments” in bitcoins. It becomes obvious that it is not so difficult to figure out who and where to transfer money if there is a request and funds for this. Also in the news is already flashing the crime of extorting bitcoins.

How can a Bitcoin user stay in the shadows without showing their personal data? You can solve anonymity issues with the help of a Bitcoin mixer, a technology that will be discussed below.

What is a Bitcoin Mixer?

Many blockchain users, for whom anonymity plays an important role, having learned that Bitcoin does not guarantee 100% security, they begin to actively remember if they have “exposed” their personal data somewhere. Be that as it may, this category of users has the opportunity to make all subsequent transactions confidential using Bitcoin mixers.

The essence of such services is to mix the bitcoins of all network users, resulting in the anonymization of payments. Usually, in order to start using a Bitcoin mixer, it is enough to go through a simple registration procedure on the website of one of the popular services, and then you can send bitcoins to the address specified in the account. After some time, you will be able to receive your funds minus the commission of the system.

Mixer operation scheme

  • A deanonymized user sends funds tied to his identity to a Bitcoin mixer;
  • The system mixes funds and sends anonymized money to a new wallet;
  • The chain of operations tied to your identity is interrupted at the mixing stage, and you get an anonymous wallet with money credited to it.

Possible risks

When using Bitcoin mixers, you need to soberly assess the risks. There is always a possibility that the service providing mixer services is a scam. Using the mixer, you send funds to an unknown person, who may not return them, and it will be impossible to “rewind” the transaction. And given that the Bitcoin system is decentralized, then you simply will not have anyone to complain to, since the support service simply does not exist.

Also, the user must take into account the risks of transferring his personal data to third parties. In theory, mixer services can provide logs to intelligence officers, provided they are under pressure. First of all, these risks concern owners of large amounts, so investors who have a couple of coins in their wallet should not panic.

You need to be aware that not a single mixer service will give a 100% guarantee of high-quality bitcoin mixing. If the mixing algorithm is too simple, then it can be easily calculated, and, therefore, to find out who brought money into the system and where it was withdrawn. In addition, if you receive bitcoins earned in a dishonest way from the mixer, this can also arouse suspicion. Your money, honestly earned on HYIPs, will seem to you harmless fun compared to the money earned on the drug or arms trade.

Popular Bitcoin Mixers

If you are not confused by the risks that are inherent in Bitcoin mixers, then you can choose one of the services below to cover your trail, each of which has its own advantages and features.

The operation of this mixer is based on the principle of dividing the translation into small parts with further forwarding through the backup circuit. There is always enough coins in the reserve of the service to ensure uninterrupted operation. This allows you to maintain the speed of transactions, while not creating a large queue waiting for new coins to arrive.

The second noteworthy point is the mixing code, which prevents the sender from receiving his own coins. Thus, the anonymity of the sender is not compromised. In terms of security, Blender keeps the bar high - the service works without the participation of scripts, and data exchange is carried out with the support of SegWit addresses.

While maintaining a minimum commission for the operation and a small deposit - Blender stands out among other mixers. Also, there are already a lot of articles about this mixer on the network from trust sites, which inspires confidence in this project.

CryptoMixer

This Bitcoin mixer, which appeared relatively recently, has a lot of positive reviews on the network. In addition, the reserve of 2000 BTC gives it reliability. Among the advantages of the system it should be noted:

  • The ability to independently set the distribution amount and the time of the transaction;
  • Availability of the mixer on stationary and portable devices;
  • Availability of API for developers.

The system commission is 0.5% + 0.0005 BTC fixed.

Coinmixer

This service has some differences compared to CryptoMixer. It clearly regulates the algorithm for mixing cryptocurrencies. In particular, the user cannot make a transaction for more than 20 BTC at a time. Thus, if you need to anonymize a larger amount, you will have to make an application repeatedly.

This service has a good reputation and is in demand in the cryptocurrency community. For the convenience of the service, you will have to pay a commission from 1 to 3% + 0.001 BTC.

Other ways to anonymize payments

The search for a universal obfuscation technology has attracted and continues to attract developers of cryptographic currencies. Creating a truly anonymous currency for developers is not only a personal professional challenge, but also an opportunity to push the popular Bitcoin out of the market. Developers, understanding the weaknesses of the largest cryptocurrency in terms of capitalization in the world, do not sleep and use this gap to promote their projects. For this reason, digital money that protects the personal data of its users is becoming more and more.

Obfuscation technology has already been successfully applied in coins such as Dash and Monero. Nevertheless, today it is clear to professionals that deanonymization of operations in these systems is theoretically possible. On principle new level anonymity is displayed by the ZCASH cryptocurrency, which does not display information about the transaction, but only states the fact that the transaction took place. This technology is far superior to the anonymization methods provided by bitcoin, which creates a huge demand for z-cash and similar less popular cryptocurrencies.

How to ensure the anonymity of a transaction in the blockchain?

Not every blockchain user uses the technology to conduct illegal transactions. Most of the cryptocurrency community uses technology for anonymity at the household level. If it is important for you that your income and expenses remain inaccessible to third parties, then when making transactions, use our recommendations on hiding personal information:

  • Use at least two bitcoin mixers to obfuscate the traces. If suddenly one of the services compromises you, the second will act as an additional security gateway.
  • To carry out the operation, use the TOR browser complete with two mixers. It is also recommended to disable TOR in the settings
  • If the service mixer requires mandatory registration, then each time you perform an operation, create a new mail account.
  • Each time you use new wallets to make transactions.
  • Use proven mixer services, which have reviews from authoritative representatives of the crypto community.

These tips will help you to anonymize the movement of your finances on the network as much as possible and practically eliminate the possibility of tracking how you manage your cryptocurrency.

Glad to welcome you friends. Earlier, on the pages of my blog, I have never mentioned such a sensational topic today as the Bitcoin cryptocurrency and everything connected with it. It's time to make amends. Probably, in the vastness of the Runet, and indeed the entire Internet, in general, there is no Webmaster left who would not have heard about this new electronic currency and showed no interest in her. The bitcoin rate is growing, mining farms are expanding exponentially, more and more users want to invest in this topic. But do you guys think about reverse side medals, namely the defense transmitted information and anonymization of transferred payments? After all, you must admit that public information about your operations, which will be available to many people, is not very good. Especially when the conversation is about serious amounts and transactions.

What then to do and how to ensure the confidentiality and anonymity of payments made? The network provides many options, the so-called bitcoin mixers, but we will consider the most convenient and easy-to-use option called CoinMixer.

How the bitcoin mixer works

All Bitcoin transactions that take place are aggregated together into one permanent public record. Using blockcain technology, you can track transactions for the transfer of funds from one address to another. The task of the bitcoin mixer is to break the chain between your old address and the new one, sending funds in such a way that they first get to other users, and their funds go to you. Thus, there is a mixing of different means with each other, to confuse the trace from the original source.

As a result, we get random amounts of transactions, which increases the time delays. It is because of the delays that the connection between the start and end addresses of the transaction is broken.

As a result, the service protects your information, and most importantly, it does not allow you to track payments made on the Internet.

Service Benefits

1) Anonymous work. The bitcoin mixer in question does not require creating an account in the service, entering any information about yourself, and it does not collect data on user activity;

2) Transparent process. The system has already prepared a large number of specially mixed bitcoins for each user. You can independently check that your bitcoin funds are completely anonymized by checking the withdrawal address in block explorer, for example, through the Blockr.io service;

3) Simple interface. The site has a simple interface that even a beginner can understand. And the process of anonymizing bitcoin funds takes several minutes of your time;

4) Work safety v. Check out the list of safety points below and conduct your transactions with peace of mind.

I like everything, how do I start?

Go to this link and fill out the required form from the lists of your withdrawals (indicate the addresses to which anonymous Bitcoins will be sent), then confirm the transaction by sending the required amount (plus the service fee) to the bitcoin wallet address of the CoinMixer service.

After that, mixed bitcoins will be sent to you automatically to the addresses you previously specified.

Important! You need to create at least 2 outputs with different delays in the time interval. Then it will be much more difficult to analyze the blockchain and find out that you are using a bitcoin mixer.

You can get acquainted with the complete withdrawal process (manual for work) at this link:

https://coinmixer.se/en/bitcoin-mixing-service/how-to-use-bitcoin-anonymously/

The service fee is 1-3% of the amount and 0.0007 bitcoin for the output address, to cover the commission for the ongoing transaction, for miners.

Verdict

This service is perfect for those people who do not want to expose their transactions on the blockchain, but keep them anonymous and confidential. If you have a fairly solid amount that is stored in bitcoins, then for anonymity, I would advise you to pay attention to the bitcoin mixer in question. The procedure itself is quite simple to work with full explanations, which are described in detail in the manual at the link above.5 (2 votes, on average: 5 out of 5)

Most beginners who are just starting to discover the world of cryptocurrencies believe in the anonymity of bitcoin. This belief is based on the fact that any user can open a bitcoin wallet, as well as send and receive coins, interacting with other users, without being tied to any personal data and without the need to undergo verification by sending scanned copies of a passport or other documents to the network. Indeed, compared to opening a bank account, opening a wallet takes a matter of minutes and does not require the owner's personal information to be made public. But, despite the fact that wallets are not tied to the identity of the user, the anonymity of the Bitcoin network is apparent and intelligence agencies or professional hackers will be able to establish your identity.

In this article, we will explain why bitcoin transactions are only pseudo-anonymous and how you can really keep bitcoin anonymous or at least try to obfuscate the trail.

Why is bitcoin not anonymous?

With a bank transfer, your transactions cannot be viewed by any ordinary user. In the bitcoin blockchain, anyone can look into your wallet, knowing its address and see not only the balance, but also the history of transactions, including the wallets of your counterparties and establish the chain by which the coins were sent or received. Of course, the average user will not recognize your last name or address. But this data is stored in a variety of services in which you bought or spent your cryptocurrency. If you bought bitcoin on an exchange that requires data verification or spent it on buying goods in an online store with your data or delivery address, then this information can be provided to regulatory authorities or obtained as a result of hacking the exchange or online store.

It is believed that the anonymity of bitcoin disappears at the moment of depositing or withdrawing funds to the wallet. If respectable residents of Europe or the USA should not be afraid of disclosing their bitcoin transactions, then in countries with total corruption law enforcement it is advisable not to shine your bitcoin addresses once again, so as not to become a victim of extortion. Next, we will figure out what you can do to maintain your anonymity.

How to keep Bitcoin anonymous?

To begin with, we will give some tips for ensuring anonymity, and then we will move on to an overview of special services.

  • On exchanges, cryptocurrency must be bought in small volumes that do not require account verification or use decentralized exchanges. If you want to make a large investment in bitcoin, then use large quantity wallets and accounts on exchanges.
  • For each new deal create a new wallet address. For convenience, you can use one of the HD wallets (hierarchical deterministic). An HD wallet gives you an unlimited number of bitcoin addresses that cannot be linked, but are all tied to the same master key. Armory, Electrum, Multibit, BitGo, and TREZOR wallets currently support this feature. The popular blockchain.info creates a new wallet address for every transaction.
  • Use the Tor browser or hide your IP address with VPN services. The nodes through which your transaction passes can record IP addresses.
  • If possible, ditch bitcoin transactions in favor of cryptocurrencies that provide much more anonymity: Zcash, Monero or DASH.
  • Use special mixer services that mix payments.
  • Try to send round amounts without a unique fractional part through mixers that do not split payments. Even if you pass an amount, for example, 0.52148752 bitcoins through the mixer, then you can find it at the exit of the mixer. But it is much more difficult to understand where your transfer of 0.5 bitcoin went in the whole list of transfers with the same amount.

Bitcoin mixers - transaction mixing services

Bitcoin mixers break up a payment into many smaller ones and mix them with payments from other users. As a result, the recipient receives the full amount, but from different wallets and often broken into parts.

Many such services have already closed. These are the most popular Bitmixer.io and the lesser known Bitcoin Blender, Bitcoin Laundry and others. This is mainly due to problems with law enforcement agencies, because such services were used mainly on the Dark Web to purchase prohibited goods. Previously, the Shared coin function in the blockchain.info wallet allowed mixing bitcoins, but now it has already been removed from the functionality due to the fight against money laundering and the financing of terrorism.

Remember that when sending bitcoins to such an online service, no one guarantees you their return. Be sure to read the latest reviews before using to find out if the service has scammed.

From working online services on the this moment can be distinguished:

  • Bitcoin Fog (https://www.bitcoinfog.co/). Works through TOR-browser. Charges from 1% to 3% of the deposit. Payments are divided into parts, which are credited at random intervals.
  • Bitcoin Mixer (https://bitcoinmix.org/). Charges from 2% to 5% for each transaction, depending on the speed of payments. Fully automatic mode without saving any logs or wallet information.

Much harder to use, but much safer software NtumbleBit. You can download it on GitHub: https://github.com/NTumbleBit/NTumbleBit
Required for the application to work.

Anyone who seeks to anonymize their bitcoin transactions often resorts to various tricks. In most cases, it is easiest to use specialized cryptocurrency mixers. It has been revealed that Bitmixer.io, the world's largest bitcoin mixer, will cease to function. It's still not clear if this decision has anything to do with Bitmixer's connections with AlphaBay users.

Popular service Bitmixer.io takes a bow

The latest news surprised the entire cryptocurrency community. Bitmixer.io has been around for many years and has been one of the trusted services for mixing transactions. The company provided all users with an additional degree of protection of personal data, despite the fact that the popular cryptocurrency itself cannot boast of such features. It took several years before the Bitmixer team finally realized that this was not an oversight of the developers, but a predetermined feature.

In addition, mixers have gained an extremely negative reputation in recent years. Often they are associated with the organization of criminal activity on the Internet, mainly on the dark web. The popular marketplace AlphaBay even redirected users who wanted to hide their bitcoin history before sending a payment through the platform to BitMixer. Perhaps this connection is what led law enforcement officials to dig deeper and look for the organizers of the service.

Information about the closure of the popular mixer appeared on. Although the company is making good money, which is to be expected because mixers don't work for free, the service was shut down in an instant. Something has definitely caused the operators to give up their business, although it is not yet clear what. Bitcoin does not need transactions on the dark web to be successful, which should be obvious. Other mixers still continue their work.

In a note given by Bitmixer owner The Merkle in 2015, he mentioned that Bitmixer was transferring 65,000 BTC per month. If this is true, then all this stream of users will rush to look for alternative mixers, which will lead to an increase in the volume of their operations. Or users can switch to anonymous cryptocurrencies such as Monero or Dash, which will also have a positive effect on their rate.

The Bitcointalk community is not happy about last news. The fewer mixers left on the market, the more difficult it will be to hide the history of the origin of bitcoins. This could turn out to be a serious problem. In addition, there are not many mixers on the Internet that users can trust.

It doesn't look like anyone is going to take over the platform or run their own code on it. Also, the company is not for sale, which is also strange. It looks like the operator has changed his mind and now believes that bitcoin will become a legal currency in many countries in the coming years. And this is possible only without mixers.

This is one of the most reliable and convenient bitcoin mixers, despite the fact that it appeared quite recently, but it has positive reviews and a large reserve - over 2,000 BTC. The service is still far from the giants of this area, but, in general, development is visible, and the creators of the site are meeting the needs of their users:
- the client of the system can set the distribution amounts and the time of the transfer, which he considers optimal for anonymity;
- bitcoin mixer is available both from a PC and from a phone;
- blender charges from 0.5% to 3% for its services.
- A mixing code is available to users, which guarantees the user that the transaction will not be mixed with the previous ones.

In addition, it is possible that future versions of bitcoin will provide users with a higher degree of anonymity, although no developer has officially confirmed this.

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