Cryptocurrency mixers explained

A cryptocurrency mixer is a specialized service designed to increase the privacy and anonymity of blockchain transactions. 

Unlike traditional financial transactions, which are private by default, most cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) operate on public blockchains. This means every transaction is permanently recorded and accessible to anyone, making it possible for blockchain analysts or malicious actors to trace the flow of funds between wallets.

A crypto mixer’s primary function is to break the link between the sender’s wallet and the recipient’s wallet. It does so by pooling together coins from many users and then redistributing them in a way that makes it difficult to track which coins went where. 

Think of it like a digital version of shuffling cards in a deck. After mixing, your cryptocurrency is returned to you or a recipient’s address, but it’s “cleaned” of any direct

Read More at https://cointelegraph.com/explained/what-is-a-cryptocurrency-mixer-and-how-does-it-work?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound