Bitcoin Mixers

by ali khan

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Bitcoin Mixers

  • Joined Dec 2020
  • Published Books 2

If you are looking for litecoin Mixer offered by Bitmix it is here

Types of Bitcoin Mixers

There are two types of BTC mixers:

  1. Centralized services that belong to the first generation of mixers and are already losing their popularity. The gist of their work is that the client sends cryptocurrency, pays the commission, and coins of another user are sent to the specified destination address. The level of anonymity increases as more coins holders register on this platform. The plummeting demand for this kind of service is explained by the fact that when third parties access the site’s logs, anonymity decreases significantly.
  2. Peer-to-peer or decentralized Bitcoin mixers allow users to directly exchange coins, while the service does not have any separate function at all. Using a protocol (CoinSwap, CoinJoin, or SharedCoin), clients can join forces and execute one general coin exchange transaction, which is completed as the required number of participants is reached. Neither senders nor recipients keep each other’s addresses, they are known only to the tumbling service.
  3. chipMixer then we are here with full details go for it and avail now It would not be very different from fiat BitMix.
2
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