Mark Mason
Well-known member
Largest Bitcoin Mixer Goes Down, Recommends Users Switch to Dash
Bitmixer.io, the largest mixing service for Bitcoin, has shut down, recommending its users use Dash or Zerocoin instead.
Mixing services, sometimes known as coinjoin or tumblers, take a user’s balance, mix the inputs with those of coins with those of other users, and send the now-mixed balance to its final destination. The result is that the transaction will appear to have come from several different origins, obscuring which user or set of addresses originated the transaction, thus preserving privacy and anonymity. Bitmixer was the largest of these services for Bitcoin. After announcing the shutdown in a Bitcointalk thread, the owner suggested users switch to an innately more private coin such as Dash:
Mixing services, sometimes known as coinjoin or tumblers, take a user’s balance, mix the inputs with those of coins with those of other users, and send the now-mixed balance to its final destination. The result is that the transaction will appear to have come from several different origins, obscuring which user or set of addresses originated the transaction, thus preserving privacy and anonymity. Bitmixer was the largest of these services for Bitcoin. After announcing the shutdown in a Bitcointalk thread, the owner suggested users switch to an innately more private coin such as Dash:
