About Privacy
The lack of fungibility in Bitcoin has forced its userbase to seek out tools that can heighten their anonymity. Third-party Bitcoin mixers use obfuscation techniques to protect participants from blockchain transaction analysis. In recent years, various centralized and decentralized Bitcoin mixing methods were proposed in academic literature (e.g. CoinJoin, CoinShuffle). Although these methods strive to create a threatfree environment for users to preserve their anonymity, public Bitcoin mixers continue to be associated with poor implementation (despite the fact that the majority vastness of bitcoin mixers do not allow cybercrime and never support it in the first place).
Nevertheless, we firmly believe that in this digital era, everyone lacks basic privacy. We are also convinced that the use of digital currency, P2P trading or the use of tools designed to maintain the anonymity of your finances is associated only with everyday caution. Here is a very good thread from 2014 which explains why people should use mixers, and look one up on a bitcoin mixer list to protect themselves. This is especially true for people who keep their coins on an exchange.
If you need full anonymity, use Monero, or Grin, or ZCash, or any of the other networks that do have anonymity built-in. A bitcoin mixer can only provide anonymity if it is not compromised – and if you are not compromised. In reality, this is not as easy as it seems since chain analysis firms like Elliptic have already identified most of the entry and exit points of a lot of mixers.
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