Quote from: dkbit98 on Today at 05:23:25 PM

I really don't see any real advantage of using your wallet compared to centralized exchange, and we can argue that it's much bigger chance of you getting hacked and customers losing money.
Depositing to some centralized service like blindmixer just to save on fees is so stupid and could cost you much more down the line.

It's not the primary goal of blindmixer, but it's an additional benefit: Of course, the main reason to use blindmixer is to mix your coins.

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and we can argue that it's much bigger chance of you getting hacked and customers losing money.

No one is arguing against this. I stated this risk in the OP multiple times.

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I really don't see any real advantage of using your wallet compared to centralized exchange,

I don't see any centralized exchanges offering provable- privacy/nologs on your in- and outputs? We're not at all comparable, not in the slightest? Sorry if this is your main takeaway from this thread i'm honestly confused if it's us who worded it poorly or if you just do not at all understand the purpose of this service.

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This is nothing special to blindmixer, many lightning wallets are custodial and they don't require from users to set up own nodes, but that is much less secure and users have no control over coins.

Again, this is not the main focus of blindmixer. Of course there are other more secure lightning wallets out there. that's not at all the point. Should I rephrase it to read less enthusiastically and more like a footnote? It's just an addition that's easy for people to use who aren't too familiar with lightning. Ideal for beginners who would like to enjoy privacy without too much hassle. I myself thought it seemed pretty neat for a mixer to have that property?

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Help! I have to trust blindmixer and/ or the custodian operator blindly?
Unfortunately, yes...

https://blindmixer.com/faq

That means that custodian can change dates, make wipes whenever he wants, so it's more like you are keeping coins with some gambling gangster and you need to trust him.

The custodian can also run off with your funds at any point, indeed, as any other centralized mixer can. I think we are making this very clear in the OP, no?

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Help! I have to trust blindmixer and/ or the custodian operator blindly?
Unfortunately, yes...

Though this is worded a bit poorly because indeed, you need to trust us blindly as a collective to not run off with your funds, but you can also prove that we are acting dishonestly in most if not all cases. For example say we sneakily changed the wipedate: if you go to your config (https://mixer.blindmixer.com) you will see both a hashed version of your config + signature + original acknowledged wipedate that is signed using the public key mentioned in the OP (after the #)

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You can even receive your own coins back, that is unacceptable if we are taking about mixer, so this word should be removed from your service, it's just a centralized gambling wallet.

I don't think you quite understand what we are offering and that the implications of that (real privacy) are exactly what can result in such a scenario. Precisely because we do not know which coins belong to you is the reason you can get them back.

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that is unacceptable if we are taking about mixer,

I think you also fundamentally misunderstand what it means to "mix" your coins, or at least our definitions must differ significantly.

Really what (we think) it means to "mix" your coins (on-chain) is to create an uncertainty for any third party (or us) to conclusively say which inputs/outputs belong to you. This is partly explained in our FAQ:

Quote from: blindmixer.com/faq

Though perhaps we need to further redefine what unlinkability means. If we speak of something being unlinked as there being a statistical improbability of A (provably) being related to B, then of course it would seem highly unlikely that an on-chain input that has been reused a large number of times (but has not been unlinked in the literal sense of the word) for example: (A -> B -> C -> D -> E -> F), would necessarily trace back to you.

For example: Imagine input A with 50 BTC. It becomes aggregated input B with 100 BTC, and so on. Input C with 40 BTC. Input D with 200 BTC. Input E with 100 BTC. Now you withdraw 20 BTC, call it F. As long as you don't withdraw the exact same amount (or a close division of it), despite a linked chain, it does not at all imply that A is necessarily related to F. Not to an observer, and not to us. thus plausible deniability is achieved, and with that privacy.

Now we don't control this: How long until and what amounts you withdraw is entirely up to you, and largely with that your privacy.

^^An easier example is if we were to take 100 different inputs of amounts varying 0.01 - 1 btc of which some number belong to you, pile them all up. Now withdraw 0.1 BTC. Now what would the probability be that someone correctly guesses which inputs originally belonged to you? There's still a linked chain, in a sense you're getting your own inputs back.

So sorry, I will not allow you to portray us as a centralized* "no different than an exchange" "gambling" "gangster" "wallet", when really, we're a centralized mixer with provable privacy (you do not need to trust us not to keep any logs, unlike all other centralized mixers) and proveable honest communications.

(Okay, apart from gangsters... I guess you could call us gangsters given the lack of rep we have Tongue

. We fully recognize it's good to be fearful.)

*In that regard we are absolutely no different than the service you are promoting, except with us you know that A. we ~~don't~~ can't keep logs. and B. we cannot dupe any individual user without it being provable. And of course we offer some additional features which we think are nice, but you seem to disagree. Unfortunate..

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That means that custodian can change dates, make wipes whenever he wants, so it's more like you are keeping coins with some gambling gangster and you need to trust him.

No one is forcing you to keep your coins with us. You can withdraw immediately after depositing. Just like any other centralized mixer there is indeed a risk we could exit-scam.

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Domain registered recently:

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Domain Name: BLINDMIXER.COM
Registry Domain ID: 2637908424_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.namesilo.com
Registrar URL: http://www.namesilo.com
Updated Date: 2021-09-25T15:40:46Z
Creation Date: 2021-08-31T21:19:47Z
Registry Expiry Date: 2022-08-31T21:19:47Z
Registrar: NameSilo, LLC

Not sure what this is supposed to prove either. Yes, we are a new service. You should treat us with caution as you would do with any other centralized entity. What, you wanted us to own this domain for several years? What exactly would that prove? I'm thoroughly confused.

Sorry if this post came off as harsh, not at all my intention. Just trying to clear up as much confusion as possible. And so yes, I fully understand that it might feel risky for people to entrust us with their funds. That's completely understandable and we also would've rather seen it differently, though the very nature of this scheme requires at the very least us to have custody over your funds.

Again, we fully acknowledge that there might be future exploits/hacks, and that we as of yet don't have any sort of respected presence in the community, and with that the perceived and real risk of depositing funds with us. Don't think we're at all sugarcoating it.

We also understand that there's not much reason for the community to support such a new project as us when there's no real monetary reward for doing so, so we'll think about that as well.