Post
Topic
Board Beginners & Help
Re: Newbies - Read before using exchanges or investing
by
Julian ogan
on 28/08/2019, 02:40:04 UTC
Take a look at these threads:

What is Bitcoin Mixer?
List Bitcoin Mixers Bitcoin Tumblers Websites

A Mixer basically has the goal of disassociating even further your crypto assets from you (primarily BTC, but there are others available such for ETH for example). They use various techniques, but the at the core they attempt to break any connection between your addresses that send coins over to the service, and the addresses you receive the coins back on. A couple have been seized over the past year or so, and there’s a well known one that has been offline or non-accesible for some hours now (502 - bad gateway) ...

Mixing service are platform used for mixing coins (most especially bitcoin) to make them untraceable. For more detail information read below.

Bitcoin tumbling (mixing) involves the usage of a third party service to break the connection between a wallet address sending coins and the addresses receiving coins. So if a person does not wish the whole world to know from where they got their coins, and/or to which addresses the Bitcoins are sent, then tumbling is the way to go. A provider of Bitcoin tumbling service is referred to as Bitcoin tumbler.

Coin mixing will provide you with a certain amount of privacy, by mixing your coins with other coins previously sent or in their reserve and sending different coins to the address you specify. When looking at the blockchain, one will be able to see you sent your coins to a wallet. And that someone sent coins to the wallet you want them sent, there will be no connection between your wallet address and the one where you want your crypto delivered.

Thank you @DdmrDdmr and @CryptopreneurBrainboss! Now I understood about Coin Mixing. Smiley