Regarding Mixing Service. Do we need such on-chain service that mixes coins with anonymity-reliability trade-off? 30% anonymity means 70% reliability to get all the coins back. Yes, it means that with 100% anonymity u could get 0% - 200% coins back.
Would it statistically even out if you do many transactions this way?
In the long run u would get ~100%.
Hi,
1. If I have X coins, and get 0% back from the mixer, there is no long run...
2. If I have X coins, and the first time I use the mixer I get, let's say, 50% back, and the next time 150%, I end up with 0.75X and so on...
So, because there are no coins leaving the game, most of the time I will get more than 100% from the mixer (just to be pair).
Am I right/wrong?
Edit: hehehhe... I'm wrong.