The smallest denomination that can be mixed via ChipMixer is 0.001 BTC, compared with (currently) >0.094 BTC via Wasabi. Both have their use cases, along with Joinmarket.
Good point, I skipped that. Sorry.
Wasabi is a fine idea in principle but refer to that binance Singapore event.
Though they obviously couldn't tell where the original coins came from they could instantly tell they had come from a wasabi mix so gave them the boot.
Mixing with a flashing sign that you've just mixed is not a useful look going forward.
I didn't know that Binance issue, Google'd and learned, thanks for letting me know. Yes, Wasabi transactions is obvious, but it's also easy to tell if you used ChipMixer, because of the common chip sizes. Correct me if I'm wrong.
Some cons and pros of both:
ChipMixerPros:* Low min amount
* Fast and simple, no learning curve
* Run on all (Tor) web browsers, even on low-end PCs, no download
Cons:* Trust required for funds, and not keeping logs
WasabiPros:* No trust required
Cons:* Min high amount
* Learning curve, confusing for beginners
* Download required & doesnt't run on 32-bit systems
I now realize both have their use cases, I don't know why I made that overstatement.
@kufarrr and others, please read this, if you haven't already:
https://www.removeddit.com/r/Bitcoin/comments/c4so58/i_am_a_current_or_former_employee_of_chainalysis/Let's always use these tools and put Chainalysis out of business.