by on November 27, 2021
1 year agoBitcoin addresses have been made containing predetermined amounts of Bitcoin in them. These addresses have been funded before any user deposits their Bitcoin to ensure maximum privacy. Right now, they do not take any commission either. Their set up kind of looks like this. ChipMixer is looking to fundamentally change the way Coin Mixers work to give users better access to privacy. The user deposits their Bitcoin into the service and they receive their chips as a receipt of their amount. This is not a casino, but the way this bit works is that users can bet an amount of chips and will either receive nothing or double that amount. As does some of their other features such as betting and donating. This kind of acts like merging and splitting, but with a bit of fun involved. This funds the Bitcoin Mixer itself since it does not charge any commission on transactions. This adds an additional layer of random complexity. Donating also acts like merging and splitting, adding layers of complexity. In an effort to further mix the -now- chips the user has, ChipMixer who are the Best Bitcoin Mixer lets users split and merge the chips they have. Withdrawing a user’s funds means that their chips will be removed from ChipMixer’s list and then they will receive a private key to sweep the address. Chip withdrawals are not visible on the blockchain, and can even appear as days before the initial deposits to add another privacy layer. Who is the Best Bitcoin Mixer? ChipMixer Best Bitcoin and Tumbler Mixer ChipMixer, found online at ChipMixer, is an anonymization service catered to bitcoin users. Many people believe that bitcoin is a fully anonymous currency, or that bitcoin payments are untraceable. If you get so-called "tainted" coins, then those coins could be tracked to you, and you could be punished despite the fact you had nothing to do with the illegal activity. Of course, other bitcoin users are using bitcoins for shady or illegal activities, and wish to use an anonymization service to avoid being tracked. Using ChipMixer, you can make your bitcoin transactions more anonymous. Many users have had their accounts frozen for precisely this reason. In reality, bitcoin analysts can trace transactions back several "hops", and even ban users for situations where their coins were used for illegal transactions 5+ hops back. ChipMixer launched on May 26, 2017. That’s why many people choose to use Best Bitcoin Mixer services. ChipMixer is similar to other Bitcoin Mixing Services, but offers several unique innovations that could make it a popular option for bitcoin users. ChipMixer is one such mixing service. Similar to other Bitcoin Mixer services, ChipMixer mixes the funds of its users together, then returns them to users in an effort to confuse blockchain analysts or blockchain tracking software. How Does ChipMixer Work? Every day, people move their fiat currencies through banks in these countries because they have stricter secrecy laws. When used properly, a Best Bitcoin Mixer service prevents blockchain analysts from associating coins with user data. ChipMixer works in a similar way. Many people compare mixing services like ChipMixer to banking services in countries like Panama, the Cayman Islands, and the Bahamas. ChipMixer funds these addresses before users deposit bitcoin. Specifically, ChipMixer works by utilizing a number of bitcoin wallets containing predetermined amounts of bitcoin. For an even further layer, ChipMixer lets users bet and donate chips. Instead, users can bet a certain number of chips, then receive either nothing or double that amount. Then, users send money to ChipMixer, and users receive chips of bitcoins as a receipt of their deposit. This adds an additional layer of random complexity. ChipMixer lets users bet chips – but it’s not a casino. It works in a similar way to merging and splitting, but with an extra bit of fun involved. It adds additional layers of complexity to the operation. To anonymize the service even further, ChipMixer lets users split and merge any chips they have. Aside from voluntary donations, there are no fees involved with ChipMixer. Donating also works like merging and splitting. Then, they receive a private key to sweep the address. When a user withdraws funds, it means their chips are removed from ChipMixer’s list. Chip withdrawals cannot be viewed on the blockchain. Ultimately, ChipMixer has chips in all different sizes, including 0.001 BTC, 0.002 BTC, 0.004 BTC, and so on until you reach 4.096 BTC. Due to betting, the amount you put into ChipMixer may not always be the same as the amount you take out. If you deposit 0.112 BTC, you’ll receive 0.064 + 0.032 + 0.016 BTC. Donating funds the mixer itself, and does not require any commissions on transactions. The reason ChipMixer uses chip sizes of 0.001 BTC, 0.004 BTC, etc. Since each chip was funded before your deposit, there’s no link between your chips and your deposit on the blockchain. Using these methods, your inputs and outputs won’t always match, which is why ChipMixer provides an additional layer of anonymity. Yes, your deposit is viewable, but the chips you received in exchange for your deposit cannot be traced back to you. If you had a chip of 1 BTC and split it, then your minimal chip would be 0.015625 BTC, which would make the process more complicated. is to make them easy to split and merge.
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