With XC you have to trust the mixer isn't logging the data and that the mixer won't steal your coins. Giving control of your coins to another entity is just asking for trouble.
Thansk I appreciate your (and others input here)
So..with DRK the nodes merely witness the change of ownership and verify it?
But with a mixer the coins pass into the mixer (rather than merely being witnessed) and then have to be "allowed" out the other end?
Can you expand?
1.Where exactly is the "mixer"?
2.If the source is open, then would that mean coins could not be stolen?
3.The developer of XC stated "mixers don't steal coins".....but you seem to think they can? So how would a mixer steal coins?
It's simple.
You send coins to a address issued by mixer and mixer has private key of the address issued.
so how mixer steal it? isn't the mixer program to mix/forward the coins? from what i understand you think mixer can just keep/steal the coin or perhaps forwards to different address? but how?
Shutdown computer, lock wallet, diconnect network, power failure.
Mixer program should/will mix/forward the coins.
Owner of the mixer is problem..
Do you know that mixer takes input/coins and waits at least 2 ~ 3 more blocks confirmation before forwards the coins.
3.The developer of XC stated "mixers don't steal coins".....but you seem to think they can? So how would a mixer steal coins?
True, People steal coins.
you sound like mixer could take minutes or even days to mix coins. i though this done instantly? it just pass through when wallet is on then pass it to blockchain? i used to think there is no time to even turn off computer during this instant mix. but hey perhaps mixers take minutes or even days like you though?