With dangerous forms of blockchain analysis on the rise, the necessity of creating a shield of anonymity for your crypto investments has never been greater
Despite the overwhelmingly positive news coming out on a daily basis regarding the future and adoption of cryptocurrencies, one glaring and obvious fact remains completely omitted: cryptocurrencies are not anonymous, and government agencies, cybercriminals, and other bad actors know this and are taking advantage. BestMixer.io has developed and opened a trusted Bitcoin tumbler service for the benefit and protection of cryptocurrency investors around the world.
You may be asking yourself how exactly governments and cybercriminals are looking to take advantage of the anonymity missing from cryptocurrencies, and the answer is simple. Cryptocurrencies such as Ethereum, Litecoin, Bitcoin cash, and Bitcoin, are all blockchain-based digital assets that, when transacted in any way, record all of the transaction details to the distributed ledger (another name for a blockchain). This recording is permanent and contains all of the information an agency or cybercriminal using blockchain analysis would need in order to view your entire financial history including wallets, addresses sent to and received from, and more.
Tumbling is the only defense against blockchain analysis
The only defense against such analysis is the scrambling or tumbling, of your coins’ origins in a way that makes them untraceable. This is where BestMixer.io comes into play. The BestMixer.io bitcoin tumbler works by taking your deposited coins and mixing them along with other coins in a pool. The system then sends your new, untraceable bitcoin to the receiving addresses you’ve specified and with a programmable time delay to further confuse and ward off blockchain analysis.
Clients can deposit their tokens into one of three pools: Alpha, Beta, or Gamma. The Alpha uses a client-to-client coin deposit system whereas the Beta pool utilizes client coins, investor coins and private reserve of coins back by BestMixer.io. This enables the Beta pool to handle larger exchanges. BestMixer.io’s most blockchain resistant pool is, however, the Gamma pool. The Gamma pool is exclusively backed by BestMixer.io private reserve funds and investor coins, which enables BestMixer.io to guarantee the origins of coins in the Gamma pool. Blockchain analysis has no recourse in trying to detect coins and transactions that have been tumbled through the Gamma pool making it the most secure option available on the market for anonymizing your coins today.
Regardless of which pool option is chosen, BestMixer.io bitcoin tumbler ensures that coins issued from any of the three pools pass anonymity checks with flying colors. In this way, hackers will be unable to target and thieve your coins and governments will be unable to make your real-world ID accountable for your bitcoin wallet.
To ensure the best user experience possible, BestMixer.io has developed a Mixing Strength Meter which allows clients to gauge the strength and accuracy of their mix. For an in-depth, tutorial on using the trusted Bitcoin tumbler, watch this short video.
Media contact information
Email: [email protected]
Bitcointalk thread: https://bitcointalk.org/index.php?topic=3140140.0
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
This author could be anybody, but he/she is not a member of staff coingape.com and opinions in the article are solely of the guest writer and do not reflect Coingape’s view.