Re: [ANN] YoMix.IO | Best Bitcoin Mixer | Low fees

Is it possible for the same thing to happen to Mixing balance from YoMix? Can these transactions be tracked?

The only mixing service that would not come under the radar of centralized exchanges are those that do not really muddy the trail of the transactions making it easy for them to track the source and store up that data for future reference. The attack on privacy exists and involves all mixing or coinjoining services.

Avoiding centralized exchanges would make transacting from mixers easier and without hitches.

- Jay -

Better to go with the wallet transfer to the mixer and then after receiving the newly minted coins, again back to the wallet. Anyways it will create new wallet as well thus making it sure we are not exposing our privacy that way.

However, lets say we are using YoMixer, then it is evident that with coinjoining protocol large number of people will be doing this mixing and thus sharing lets say 0.50 btc. However, it is highly impossible to understand who got which satoshi / btc in the process thus making it more anonymous and it serves the purpose properly.

In case of centralised, the system is bit flawed and runs with higher fees too. This is just personal experience though.

I believe that powerful centralized platforms have tools to track deposit transfers. According to my experience, Binance was able to track the transfer, although I did not transfer directly from the mixer to the platform, but rather that all transfers were made from my own wallet. The means of tracking on the blockchain have evolved to the point where it is really difficult to hide completely. Yomix Mixer should take into consideration these details.
I mentioned my experience with Binance after using one of the Mixer platforms (not Yomix) and I don't know if they will be able to track the transfers from any Mixer.

Centralized exchange have the required tools to track transfer done on it either for good or bad, but with disclosed entity. Binance is the largest crypto exchange that stores coins and having one of the top trading volumes of crypto currency. Although it was hacked last year and the CEO of Binance, Changpeng Zhao reinforce his team to encrypt and decrypt data of users of the exchange. The exchange security is improving on a daily basis and reducing the scams to its minimal rate but it can not be eradicated totally.

It's ranges from very difficult to impossible to track an identity before, through, and after the mixer, but seeing if a transaction merely came from or through a mixer isn't all that difficult. That's why Binance probably detected that you used a mixer, yet I'd doubt they have the capabilities to tell where the money came from before it was sent through the mixer. It depends also on the obfuscation tactics used by the mixer. They are not all the same! Yomix has low fees and that's great, but my gut tells me, and I hope this is wrong, but could this be an instance of "you get the level of security you pay for?" Would I be better off using a higher-fee mixer that perhaps tumbles to the excess and uses a wider range of time delays. Not as fast, more expensive, I guess all just different products to choose from.

Low fee is just for marketing purposes for now, it may increase in the near future. We have a lot of obfuscation inside about what i'll not going to tell here because of privacy purposes.