Bitcoin mixing reviews

From Bitcoin.com Wiki
Revision as of 21:39, 24 October 2017 by Administrator (talk | contribs) (1 revision imported)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Everybody knows that bitcoin isn’t fully anonymous.

When you use Bitcoin to pay for goods and services, you will of course need to provide your name and address to the seller for delivery purposes.

Here your anonymity ends.

This means that a third party with an interest in tracking your activities can use your visible balance and ID information as a basis from which to track your future transactions or to study previous activity.

In short, you have compromised your security and privacy.

A mixing service can be used to mix one's funds with others' or with MIXER's reserve, with the intention of confusing the trail back to the funds' original source.

Mixing helps protect privacy, but can also be used for money laundering - mixing illegally obtained funds. After laundering, the funds appear legitimate.


Bitcoin Mixing is used to avoid compromising of privacy and security. Mixing services provide to periodically exchange your bitcoins for different ones which cannot be associated with the original owner.


Links:

Directory of mixing/tumbling/laundry services available today

An analysis of anonymity in the Bitcoin system

New in Bitcoin ?

See Also