Quote from: bitmover on Today at 01:00:44 AM

Although some mixers may turn out to be scam, it is false to say mixers are scam because they centralized.

If you go down this road, github, Amazon, Google, Apple, Visa, Binance, Coinbase, are all scams because they are centralized.

Centralized services have flaws, but this is how the world works. There are many centralized services in the world which are legit and useful.

It's a scam because the flaw that leaks your data to the centralized service is avoidable:

Quote from: Kruw on February 11, 2024, 12:42:06 PM

Quote from: Kruw on January 28, 2024, 10:39:16 PM

Quote from: n0nce on January 28, 2024, 10:35:41 PM

I'm going to stand by what I said: it was a bad practice from the side of ChipMixer, but it's not a flaw in the concept of centralized mixers, in itself.

If a service does everything correctly (including deleting private keys and any backups of them after handing them to the user), something like what happened to CM could simply not happen.

It IS a flaw in the concept of centralized mixers: If you are okay with sacrificing ownership to custodians, why wouldn't you recommend a custodian that can't track their users, like ecash mints or a federated chain with CT enabled? Why wouldn't you consider it a flaw that "mixer sites" gain complete access to your financial history despite fully anonymous custodians existing?

@n0nce, I'm still waiting for your explanation as to why this isn't an obvious flaw. Here's an educational piece explaining how Chaumian eCash works: https://lconf.gandlaf.com/#/3