- It always bares a risk to use a custodial service.
- Many of us do warn about these risks.
- None of us has ever portrayed custodial mixers as the absolute privacy solution that carries no tradeoff, in comparison with Wasabi.
Many people downplayed the risks and lied to users about how these mixers work.
o_l_e_o called ChipMixer low risk and secure.
With ChipMixer - cheap, fast, convenient, low risk, and secure.
You called Chipmixer better than coinjoin and repeated the time travel myth time and time again.
ChipMixer is an easy mixer to use, which gives the users a privilege; time traveling. It hands them over the Unspent Transaction Outputs' private keys, which were funded prior their deposit and can be, therefore, withdrawn whenever they want, in the future. A smart privacy technique is to not withdraw at the same time they deposit, because it makes their tracking easier to be achieved.
We know this is false because the KuCoin hacker reused the same deposit address and when they consolidated their chips we were able to see that in some cases they were just receiving the same coins they had just deposited. Chipmixer was especially bad for larger amounts because they lacked the liquidity to give you enough pre-funded chips. In a coinjoin if there isn't enough immediate liquidity, you either get toxic change in return or you continue mixing until all your funds are private, they don't lie to you and tell you your coins are private when they aren't.