SecMix — Bitcoin Mixer 2.0Receive clean coins from ...
SecMix — Bitcoin Mixer 2.0Receive clean coins from ...
Do Bitcoin Users Really Care About Anonymity? An Analysis ...
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Every cryptocurrency owner should be aware that there is the possibility their identity and activity once considered perfectly secure may be revealed/ de-anonymized at some point. Since decentralized Bitcoin cryptocurrency came into existence in 2008, people have been hoping that fast convenient and anonymous money not controlled by anyone would be used. Indeed, promising revolutionary ideas and technical solutions at the time were embedded in the Bitcoin concept. Today Bitcoin is the most popular cryptocurrency throughout the world. It carries a reputation for allowing users to operate in the shadows, but is Bitcoin completely anonymous? Almost a decade after its introduction, no additional anonymity mechanisms were implemented in Bitcoin. The most important anonymity principle of cryptocurrencies is not only impersonality of a cryptocurrency wallet but also an impossibility of tracking connections via blockchain.Bitcoin, unlike a common bank account, provides its users with an opportunity to become a system member and manage financial resources regardless of anyone. An impossibility of blocking or confiscation of funds from an owner's wallet is a crucial advantage of decentralized cryptocurrencies. However, the anonymity provided by Bitcoin is rather vulnerable. As well as the majority of well-known cryptocurrencies it is tied to distributed blockchain technology, which records every transaction and traces them back to their origin. In other words, a privacy form which today is offered by Bitcoin, is confined to pseudo-anonymity: an individual is represented by an alias in a blockchain. Anyone can create a new and completely random Bitcoin address at any time, without the need to submit any personal information to anyone. However, this does not guarantee that connections cannot be revealed. When any payment is executed, its amount, remaining credits and all the previous and following transactions of the participants become available to everyone. Until the link between an analyzed address and a real identity is established, this information is abstract. But once an interaction with real world takes place (for example, IP-address, stock account, delivery address, etc. is identified), transaction history of a particular person can be definitely tracked. Moreover, there are other methods used for deanonymization, namely taint analysis, cluster analysis and volume analysis. Therefore, the problem that every Bitcoin owner faces is that this cryptocurrency, as well as many others, is pseudo-anonymous rather than anonymous and lacks privacy. If you are interested, please stay tuned and in the next posts we'll discuss defenses against deanonymization attacks. Jambler.io - Bitcoin's anonymity is our business
[ANN] Mixtum.io - because your privacy really matters! New Bitcoin Mixer is launched.
Today on August 27, 2018 - we are pleased to announce the launch of MixTum.io - a Bitcoin mixer, which really allows you to protect your privacy. It is a brand new project, but it's based on proven technologies. We use ‘Bitcoin Mixer 2.0’ algorithm to shuffle bitcoins. Unlike most classical mixers we don't mix your BTC's with others (cryptocurrency from other users) in the same pot. Moreover, we even do not use two or more pots for that. MixTum.io works in a different way and eliminates the risk of shuffling your bitcoins with some which might be of a questionable origin. And this makes our approach special. To put it simple, we exchange your bitcoins with those which we purchase from cryptocurrency stock exchanges, verify them with scoring system, and by means of innovative algorithms we outwit most of well known deanonymization technologies, like blockchain volume analysis, cluster analysis, taint analysis, etc. As a result, your privacy is at no risk, because you receive your bitcoins in various independent parts at random time intervals and to,if needed, at the different addresses and, so they have no connection to you.All this makes our approach totally different. As it is common to the cryptocurrency market we offer both Clearnet and Tor versions. We require no registration and we store no logs. All the transactions are digitally signed with letters of guarantee. You can always check them with a PGP fingerprint published on MixTum.io. Our tech support is 24/7. ---MixTum.io - Because your privacy really matters! Clearnet: https://mixtum.io/E-mail: [mixtum_[email protected]](mailto:[email protected])
Hi! We are pleased to announce the launch of Jambler.io! It is the first platform which enables users to create their own Bitcoin mixer and capitalize on cryptocurrency anonymization services. Jambler.io itself does not interact directly with customers, but provides them with cleansing services through a distributed partner network of bitcoin mixers powered by the platform. Furthermore, Jambler.io offers deeper cryptocurrency anonymization. Its algorithm involves selling surely clean money from cryptocurrency stock exchanges to customers which are not associated with any particular account. This is especially important due to actual increasing number of deanonymization methods. The purpose of our work is to ensure safety for cryptocurrency owners and security for their savings. We are ready to be of service to you 24 hours a day during the entire period of cooperation. Our motto is anonymity, speed and reliability. We value our reputation and your trust. Stay tuned for updates on our telegram chat. Create your profitable Bitcoin mixer and start writing your very own success story with Jambler.io! https://preview.redd.it/5ryurzlzl8c11.jpg?width=2369&format=pjpg&auto=webp&s=40cbccef7a874d7556d9d0d2f50e05c87f6c6a3b Bitcoin's anonymity is our business! Feel free to contact us by e-mail [[email protected]](mailto:[email protected])
Hello, some of you might have taken note of my recent postings on here. I have a twitter account as well: https://twitter.com/BlueMeanie4 I am no longer involved in the crypto currency world. I had a brief stint in crypto(a month or two) had such a horrible experience I left for good. This was long before things really began to stink badly. I've worked in Finance, have a background in CS so these ideas captivated me for a time. I had also worked in Digital Currencies before Bitcoin emerged. Lately I've been inspired to write, this is getting some people very angry, because my writings might actually result in punitive legal actions- yes this is serious stuff, so listen up :). I'm not your average crypto 'reporter' who is simply paid in crypto to say positive things about some coin or another. Ive never been paid to say anything, ever. I am an engineer by education, training, and profession. I live a pretty quiet, simple life really. I dont look 'big' in crypto because I don't take payment to endorse coins. I followed Buttcoin for a while, I thought it was funny. I tend to think that a lot of these expose writings are going to start flooding in here because its clear that the party is over for good. I've noticed a lot of long time pumper people suddenly want to look like the Ralph Nader of Crypto. WHAT IS CRYPTO? You all seem to know the buzzwords- DECENTRALIZATION, GAME THEORETIC, BLOCK CHAIN, SMART CONTRACT etc. All this stuff is meaningless shit, mostly spouted by 20-somethings with dreams of hitting it big or conference circuit people who've never built a working system in their life. Cryptocurrency has one key feature- ANONYMOUS OWNERSHIP. Mostly treatment of the subject glosses over this aspect and doesn't cover its implications. These technologies allow for people to own and issue something akin to a money note without any legal identification. There are ways to deanonymize crypto accounts in most systems but for the most part, anonymity is strong enough for many uses. Some newer crypto make other features like 'smart contracts', which partly are relevant ideas but partly marketing nonsense. There is NOTHING offered in crypto that is intrinsically new, they take existing financial ideas and allow for anonymity on top of that. Often times they make claims to having some unique quality because part of the program is looking like something OTHER than a money laundering system. So when Ethereum talks about 'Smart Contracts'- they don't do anything regular contracts cant do, actually they are laughably inadequate if you can even accept it's a working concept at all. What they do allow is to execute them ANONYMOUSLY. WHY IS ANONYMITY IMPORTANT? Anon is the key thing really. Its how they play the whole game. They generate these tokens, pretend as though they are distributed through the community, manipulate and fake prices with one hand, and then dump with the other hand behind their back. For most here, this isn't new, they know all about it. Most of these coins have sophisticated marketing wings that dominate twitter, reddit, forums, you name it. They are extremely effective at creating the illusion that there are entire communities of people interested in these technologies. One reason why these operations are so potent and successful is because of the crypto itself. They use the crypto to fund the marketing, which pumps the coin, in turn enriches the coin owners, they dump it and repeat the process many times. People have been caught marketing logins on bitcointalk, reddit, you name it- everything is up for sale, and thats the info and 'news' the average person soaks up into their brain, which in turn shapes their judgement and results in adoption, purchase, etc. All these aspects are extensively metered and optimized. Here on Buttcoin they point out daily the shoddy and retarded marketing efforts of low rate agents who laughably screw up their pathetic jobs. It is funny as hell but it is not cure for the disease. Buttcoin is great because its a group of people who caught on as to how ridiculous all this is. And they're 100% right. This action of crypto-issuance to PR budgets is so effective it bends reality itself, that is until it no longer resembles anything you or I consider to be realistic. Of course Social Media Marketing has been around for a while. Of course Ponzi Schemes and penny stocks have been around for a while, but when you add those two together and streamline it you get something extremely potent. Most people are caught off guard. It works. Bitcoin has absolutely ZERO use value, however people buy it, people believe, people hodl, and people invest(and notably rarely ever USE the coins for anything). Of course this has been in the process of breakdown for some time. You'll notice that a coin's level of appeal to a group is directly proportional to their tendency to use and value social media. The sheer potency of these ponzi schemes is why they need to be banned. AND????? Well this stuff gets dangerous and I want to tell you why. There is no law in crypto. It seems like a fun thing that payments are invisible and anonymous, until someone pays someone else to kill someone, to write slander about someone, to harass someone, all these things have happened in crypto. There are entire pump and dump magazines online whose entire staff is imbursed in crypto coins and they have zero real legal presence(Cointelegraph). The technology is fueling this activity, making it accessible, and even generating an ethos that validates it in the eyes of society. One need not go far to see writings on the glory of Ross Ulbricht and his "risk preventing" billion dollar online drug and weapons market. This absurd viewpoint, which is miles away from the judicial ruling, actually appears to be pervasive and dominant in this topsy turvy media enterprise run by the crypto-whales of Bitcoin. I've even heard younger impressionable people reiterate these views. The information media for crypto is a utter circus because there are no limiters. In THE REAL WORLD there are quite a number of rules regarding disclosure and 'financial advice', as well as a very sophisticated licensing system, why? because these aspects to market information can be exploited in such a way that it actually destroys the market itself and has a number of other negative collateral effects. This is a well recognized fact that we've known for a long time. You'll notice that most crypto people dont have a background in finance. If they did they would know how ridiculous and broken the world of crypto actually is. Some of these minor players believe they are quite clever for creating blogs and shows about various crypto- taking payments from the issuers in return for favorable reviews, and churning out a seemingly endless stream of blurbs about these totally pointless cryptocoins. From their perspective they're doing nothing wrong, but they fail to see the forest for the trees. Of course a little white lie here and a little sock puppet post there is ok, a man's gotta make a living, right? Ultimately the money in crypto has to come from somewhere, and that somewhere are the clueless suckers who can't discern a cryptocurrency from something that actually has value. Without a steady stream of these people, the crypto world will die. It is the governments responsibility to protect these consumers and innocent bystanders. There are also a significant portion of users who REQUIRE this feature of anonymity ie. CRIMINALS, who make up the Cryptocurrency user base. The coin marketers invariably suppress the visibility of this group. There is a whole spectrum of criminal activity in which Cryptocurrency is instrumental. The scene is just getting worse. I think were on the cusp of the Feds really cracking down and making it mostly illegal to do the things we see in crypto every day, because they are a hazard to a safe and stable life. Crypto is quickly converting our nice 1st world civilization into something like Colombia. Actually some major names in Bitcoin seem to prefer these locales over 1st world nations like the USA. I think the Garza thing is just the beginning. The SEC and Fincen have limited budgets so they are choosy with who they go after. Word of advice: don't stick your head out, ideally don't even hang around these projects. Dont use crypto, don't buy it, don't trade in it. Just being around them is a hazard. Believe me, I know. I support the total outlaw of cryptocurrency. This technology has not improved commerce, society, or technological progress. It has caused crime, social pathology, and has cost everyone far more than anything it has ever claimed to benefit society. It is a MENACE. The Feds should treat it as such. My thoughts are that Crypto should be criminalized as far as is possible, to drive out normal law abiding citizens and put a stigma on it's use. This is the only path I see that might counteract the problems that this technology has caused us all. By simply classifying a cryptocoin as a security- which it is, then probably the vast bulk of the problems would be mitigated. Thanks and have a great day!  you'll notice that they stay off Facebook and Google because FB has extensive tracking technology, and the feds could identify and locate them very easily.
The level of Monero anonymity is sometimes questioned, in particular, Edward Snowden called it "amateur cryptocurrency." At the time of writing, Monero is ranked 11th by the capitalization in Coinmarketcap.com How does it work? Monero is mostly an open source software that uses the principle of proof-of-work. But unlike Bitcoin, Monero emission is not limited. That's why the developers did it so that the miners would ensure the system's operation even after the emission was completed. https://i.redd.it/nzcpy6u3cpi11.gif The developers of Monero have made a lot of efforts to make their cryptocurrency secure. To achieve a high result, special measures were taken:
Use of "Annular signatures". This technology allows you to "shuffle" all the public keys, thus eliminating the possibility of identifying any of the participants in the system.
Monero uses a unique protocol that creates one-time addresses. This allows you to hide information about the payee, the balance of his account and so on.
Protection against hacking. Cryptographic algorithms ensure the security of electronic cash stored in user wallets.
Due to CryptoNote and the obfuscation added to the protocol, passive mixing is provided: all transactions in the system are anonymous, and all participants in the system can use plausible negation in the event if they are being captured. Dirty Monero? Among the miners, it’s in high demand, due to anonymity for mining on other people's computers and servers. Recently, there have been more cases when Monero was noticed in the code of many viruses. The power of many computers around the world is used to extract this particular cryptocurrency, in particular, this happened last year in London, where scammers used the hacked government servers for mining. Also Monero, right along with Bitcoin, Zcash and Dash is the most used cryptocurrency in Darknet. A particularly favored method of money laundering is the so-called "mixer". The principle of its work is that the money received illegally is sent to the exchange where Bitcoin coins are purchased, for which the Monero tokens are then purchased and then the attacker can safely transfer to any stock exchange, to a pre-established account and receive money in any form convenient for him. Advantages of Monero
Absolute decentralization. Without any control, including financial organizations (banks and etc);
The anonymity of transactions;
Constant growth and trust;
The presence of his own personal wallet.
Disadvantages of Monero
The size of one transaction in Monero is more significant than in Bitcoin;
The anonymity of transactions began to challenge experts working on the development of other cryptocurrencies.
The Argument Against Proof of Stake (PoS) by Michael Stollaire
The Argument Against Proof of Stake (PoS) by Michael Stollaire Recently, I’ve been interviewed several times, and it’s an eventuality that the topic of how Verge stacks up against the competition in the privacy coin space comes up. The first thing I consider is the method of mining. In short, if Proof of Stake (PoS) is leveraged, that’s it for me. That asset is compromised, and most of Verge’s competition is PoS. I actually had a representative from one of Verge’s competitors tell me that PoS “is the future.” My response was that I was afraid of what the future held. Here’s why I consider PoS the death toll for a cryptocurrency: PoS uses a form of Dash’s Master Node concept. Someone has to have One-thousand (1,000) Dash coins that they “stake” by essentially putting it into a deposit box of sorts. If at any time, the deposit box does not have 1,000 coins in it, the Dash system detects this fact, and your Master Node is disabled. Well, this is a good situation if you were one of the first people involved in any PoS cryptocurrency, when coins cost $1 or less at the time or you were one of the original miners. However, what if you were not an ultra-early adopter? You are in deep trouble. Keeping with our Dash example, the current price for Dash is just over $300, so let’s use that round number in our calculations. One-thousand (1,000) Dash coins at $300 each would be $300,000. That’s right. You can have your very own Dash Master Node for the bargain price of… wait a second. The average price of a house in America is cheaper. Who can afford that?! I’ll tell you who. The one-percenters and the financial establishments that cryptocurrency was invented in January 2009 to thwart. That’s right, just like there are activist investors that buy up 10-25% of a public company’s stock so they can leverage their… you guessed it… STAKE… against the company itself, in order to control who the CEO is, who sits on the board of directors, and the general direction and activities of a company, the rich of the world can basically perform a hostile takeover of any cryptocurrency that leverages PoS for mining purposes. Here’s an example, Warren Buffett, who’s current net worth is $80.3 Billion. There are currently 4,719 Dash Master Nodes online. As we said before the approximate cost of a Dash Master Node is $300,000 each, so let’s have some math fun, shall we? $300,000 X 5,000 = $1.5 Billion. So, Mr. Buffett wakes up one day, and decides that cryptocurrency should play a minor part in his investment portfolio, and he plunks down $1.5 Billion to take over Dash. Since Verge’s other competitors that leverage PoS for mining cost significantly less, it’s that much easier for Mr. Buffett… or any wealthy individual to compromise any of them. Therefore, I would never consider investing in a PoS coin. So, we are now down to three (3) Proof of Work (PoW) assets: Verge, Monero and Bitcoin. Bitcoin is out, because of two reasons. Some might say that the hostile takeover of Bitcoin already took place, as China controls so much of Bitcoin’s PoW hash rate. Please reference the pie chart below. Bitmain’s AntPool is 22.3% of Bitcoin’s total hash rate by itself. https://blockchain.info/pools Also, since Bitcoin is “sort of anonymous” it cannot stack up against Verge, which is a true privacy cryptocurrency that has features now - and in the future… - that will make it the premier asset in this area. Again, in my opinion. Verge also leverages several different PoW mining algorithms to make sure that the chances are slim to none that a hash rate monopoly can take place. Transactions are faster by far, and transactions per second are twenty (20) times that of Bitcoin. The mobility feature of Verge are also secure and private, and… well, that’s it. I don’t really have to go any further, because we can logically deduce that Verge is superior to Bitcoin in several ways. Therefore, only Monero, ZCash and Verge are left. There has been several deep-dives done on Monero, as far as due diligence of their privacy and security features are concerned that bring up valid points about the lack of Monero’s privacy: http://hackingdistributed.com/2017/04/19/monero-linkability After the implementation of the much-anticipated Wraith Protocol™, most would agree that Verge is on equal-footing with Monero, regarding privacy and security features, if not slightly better, and Verge is just getting started. There’s much more to come in the near and distant future, I assure you. However, back to Monero. Another key element of an asset is whether or not it is an inflationary or deflationary currency. Bitcoin has a limit on the sheer number of coins minted, for instance, and so does Verge. They are deflationary currencies that will hold or increase their value over time. But, Monero (and PIVX) has an unlimited supply, just like fiat currencies such as the US Dollar. That means as time goes on, more and more Monero coins will be minted and its value will decrease. Right there, it’s game over, at least for me. However, I do have to point out that Verge has Toi2P “baked in” and this means that both sender and receiver IP addresses are obfuscated. Does Monero do that? No, it does not. On to ZCash. Well, it’s got its fair share of issues. Over six-hundred, it seems: https://github.com/zcash/zcash/issues However, the main issue for me is that they basically had an ICO, just like NAV and PIVX, etc. If you don’t have an issue with 20% or more of the entire supply of an asset going to line the pockets of its initial investors and team, you certainly should. Here’s how one blogger on Steemit put it: “The ZCash team decided to launch ZCash as an altcoin so they were able to fund the development: ZCash has a US-based company behind it and will tax 20% of the mining revenue during the first 4 years to pay off private investors. If ZCash were to succeed, the private investors will benefit greatly from the launch of this cryptocurrency. Although I don't like ICO's, a public coinsale (a form of crowdfunding) would have been a more fair and open way to fund development than seeking money from private investors.” Also… “Another problem with ZCash is the fact that it's brand new cryptography. Nobody can really guarantee that there aren't some bugs in the system that will make it possible to deanonymize transactions or create coins out of thin air. What's more, if coins are being created, it will not even be detectable because, unlike Monero (and Verge), you can't verify the total amount of coins in the ZCash blockchain.” Verge had no pre-mine. Verge had no ICO. The entire Verge Team is composed of pro-bono volunteers, including yours truly. That’s right. We work for free. Why? Because that’s how much sheer belief we have in Verge and we don’t have a “golden parachute” end game like those involved with ZCash. Does ZCash have a multi-algorithm mining methodology to prevent the platform being controlled by a few centralized GPU-based mining farms? No it does not. They can be taken over, just like Bitcoin. Now, there is only one coin standing: Verge. by Michael Stollaire October 31, 2017
We apply an innovative algorithm, Bitcoin Mixer 2.0, to uplevel anonymity and money mixing in comparison with classic mixers. The main advantage of our service is that all the funds returned to you after a mixing procedure are verified coins from cryptocurrency stock exchanges having an undoubtedly positive history. This fungibility feature of Bitcoin transactions has been part of Bitcoin’s design since the very beginning, but its privacy implications were explicitly pointed out by different contributors only later on. Finally, in 2013, the label CoinJoin was created by Gregory Maxwell, to refer to the best practices a bitcoin wallet should implement in order to fully leverage such preexistent internal ... Bitcoin is secured by law: A common misconception about Bitcoin is that it is intended to enable anarchy. This is not the case. The law is critical to be able to recover funds in the event of fraud or theft. Because all Bitcoin can be traced, and all businesses are encouraged to be legal and compliant due to the transparency of the blockchain, the law can be used through criminal courts to ... Stock addresses never hide their intent of jump-and-dump. The surprises are: the majority of the users show weak concerns on anonymity. One can easily ﬁnd both hot and cold wallet addresses owned by big organizations. I. INTRODUCTION When Satoshi Nakamoto ﬁrst introduced Bitcoin blockchain technology  to the world in January 2009, the twin radical components of Bitcoin have afﬁrmed ... Bitcoin Mixer 2.0 applies an innovative algorithm, which is totally different from the approach of classic mixers. We replace your crypto coins with verified coins from European, Asian and North American Bitcoin stock exchanges. It significantly increases anonymization level and reduces a risk of getting cryptocoins of a doubtful character as in classic mixers.
Lecture 6 — Bitcoin and Anonymity Sixth lecture of the Bitcoin and cryptocurrency technologies online course. For the accompanying textbook, including the fr... Next Video: Free ka maal Website 3 Namaste bhailog and behne. Bitcoin Baba aapka welcome karta hai. Earn $10 EVERY DAY after 10-15 days by just compounding your cash balance HEXXO- INTELLIGENT WAY ... Sixth lecture of the Bitcoin and cryptocurrency technologies online course. For the accompanying textbook, including the free draft version, see: http://bitc... CS198.2x Blockchain Technology Week 5 CS198.2x Blockchain Technology is the second course in the Blockchain Fundamentals edX program. Sign up today for free or for a professional certificate with ... Recently, researchers have demonstrated deanonymization attacks that exploit weaknesses in the Bitcoin network's peer-to-peer (P2P) networking protocols. In particular, the P2P network currently ...