$3,721.35 2.16%
BTC · 22w

Breaking chain, dropping tails: How to avoid de-anonymization when working with Bitcoin and other digital currencies.

Breaking chain, dropping tails: How to avoid de-anonymization when working with Bitcoin and other digital currencies.

In theory, the use of Bitcoin provides a property called unlinkability, which says that users transactions using one set of pseudonyms should not be linked to their transactions using a different set of pseudonyms. In practice, however, certain properties of Bitcoin usage erodes this anonymity.

How can de-anonymization become?

Basically, there are 2 strategies to reveal person identity:

Web Analysis, which include researching online-data, internet-sessions logs, determination of IP-address and physical destination. Blockchain Analysis, which include automatic and manual taint of transactions history and associating them with web data and others relevant evidence.

Government law enforcement can disclose a person if its operations have passed through a “Hot” wallet or Crypto-Exchange. A first step to be safe — use physical Cold Wallet.

For who

For those, for whom Privacy is not an empty sound. Mixing is invented to protect persons from enforcement, taxes, hackers and ill-wishers. Coin mixing is crucial for anyone who linked with dark market activity, managing a big capital in cryptocurrencies, moving funds worldwide without official intermediates.

The privacy is really important. You pull that brick out and another and pretty soon the house falls. Timothy Donald Cook, Apple CEO

Properly mixing coins may seem like a daunting task to those who aren’t very familiar with it, but it is actually a simple process that will only take a few minutes of your time.

Interrupting digital-tails in 5 steps.

Since the Bitcoin blockchain is recording every transaction and it’s a public, it lets anyone track the flow of bitcoins in the network. Bitcoin mixing, also referred to as tumbling or laundering, is the process of breaking the connection between a Bitcoin address sending funds and the address(s) they are sent t...

Continue on
Recent news
BTC +2.16% · · 11h

Total capital inflows into Bitcoin: $10.4 Billion

Current network valuation: $63bTotal paid by current HODLers: $77b** Total capital inflows into Bitcoin: $10.4b**Total fees paid on the network: $868m** approximate— Willy W...
BTC +2.16% · · 16h

Indonesia Officially Acknowledged Bitcoin as a Commodity

Authorities in Indonesia have lastly identified Bitcoin and other cryptocurrencies as commodities, thus offering legal support for trading crypto currencies. Therefore, cryptocurrency transactions in ...