The stories that cryptocurrency transactions are stock anonymous are barely partly true. In in point of fact, bitcoin addresses can (to a in the cards region) be tracked and linked to authentic individuals. That being so, supervised various circumstances, investors risk exposing their text and having their account proceeding logs tracked. Bitcoin mixers (bitcoin tumblers) aim to help solve this difficult at hand providing complete anonymity and maintaining user privacy.

What is a bitcoin mixer?
Bitcoin mixer or "Bitcoin tumbler" (English bitcoin mixer) are services that concede users to mix their coins with those of other users in orderly to keep in repair their privacy. Since Bitcoin and most other cryptocurrencies are gentle to remnant, Bitcoin Mixer protects the identity of users on hiding the links between their Bitcoin addresses and real identities, making them more anonymous and private. In addition, user logs are deleted automatically and permanently within 24 hours of celebrated bitcoin mixing service

Centralized and decentralized bitcoin mixers

There are two categories of bitcoin mixers: centralized mixers and decentralized mixers. The might unlikeness between the two is that centralized mixers drink access to the user's log and IP oration, which does not guaranty finish information privacy. How in the world, decentralized mixers exhaust any interplay between a bitcoin deliver and a legitimate person, providing a higher square of privacy.

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How does a bitcoin mixer work?
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The algorithm that mixers are based on follows a plain alter where users can send their cryptocurrencies to the mixer speak that is registered for each user. The algorithm mixes coins with other people's transactions and distributes the coins total multiple wallets owned past the mixer. Toward the ruin surpass of the development, the cryptocurrency is returned to a pre-established vault, either to the sender or the untrained owner.

The process of distributing cryptocurrencies between divers wallets makes retirement more economic by breaking the out of transactions. This is because senders and recipients cannot be related. As a consequence, all electronic traces are broken.