In essence, it involves combining multiple transactions into a single transaction, making it challenging to trace the original source of the funds.
Different mixers use different protocols to maintain the privacy of the transaction and ensure it cannot be traced. Not one of them combines multiple transactions into a single transaction.
What you described is consolidating inputs which is very different from mixing transactions to ensure it cannot be traced to the source. Mixers will usually receive a transactions from address A, and credit address B (both belonging to the user) with an unrelated transaction from address y which has no relationship with address A. This way address B cannot be linked to A. Setting a delay in the transaction helps to maintain the privacy.
Advocates argue that enhancing privacy is crucial for maintaining the decentralized and pseudonymous nature of cryptocurrencies like Bitcoin, and that mixing services contribute to this objective without necessarily facilitating illegal activities.
Mixers mix transactions, the source of the transaction is not a factor in the mixing process.
Majority of the transaction are legitimate from privacy seeking individuals, but inadvertently we will have some from illegal means. This is not a consequence of mixers.
- Jay -