Bitcoin Blender: Enhancing Security and Confidentiality in the World of Cryptocurrencies
How it works: Bitcoin blenders have their own cryptocurrency reserve, which can be represented as a bitcoin chain. When you transfer coins to Bitcoin Blender, it sends your original coins to the end of the chain and sends you new coins from the beginning of the chain that have nothing to do with the old coins. In the public registry, you can only track coins coming from your wallet to the Bitcoin Blender address in Bitcoin Blender, and nothing else. Bitcoin Blender does not require you to register or provide any information other than your “recipient address”. You don’t need to identify yourself or register, but you do need to provide information other than your “recipient address”. The additional function of deferred withdrawal of funds has been expanded to a maximum of 24 times a day. Other servers don’t have such significant delays. Each set of unrefined coins can be divided into eight parts and sent to different addresses for an additional fee of 0.00008 BTC for each address.
Peer-to-peer bitcoin blending: is it a viable option?
Bitcoin blender supports Bitcoin and Lightcoin cryptocurrencies without registration. The minimum deposit is 0.005 BTC and 0.015 LTC, the transaction fee is 0.4%-4% mining commission for BTC and 2%-20% mining commission for LTC. To use up to five multiple addresses, 0.0003 requires one to six confirmations. Registration is not required, a referral program and a letter of guarantee are provided.
The role of coinjoin in bitcoin blending
The Bitcoin Blender system splits bitcoin into smaller amounts, mixes it with coins from other clients and bitcoins from foreign cryptocurrency exchanges and distributes them to different wallets. This process increases the anonymity of the client’s coins. Service Functions: The main difference between these servers is that they have two different mixing modes. The exchange takes place automatically, and one of the modes allows you to receive pure BTC through foreign cryptocurrency exchanges; it uses security measures signed by PGP; there are minimum and maximum entry thresholds from 0.001 BTC to 50 BTC; and another mode allows you to receive net BTC through foreign exchanges. The mixing procedure takes up to 6 hours; please note that some services offer to wait 1-2 days. Registration on this platform is not required. Cleaning is done automatically. Data encryption has been introduced. At the time of writing, Bitcoin Blender is one of the best services for mixing BTC. We highly recommend it.
bitcoin blender supports only bitcoin transactions and requires customers to deposit a minimum of 0.001 BTC. The transaction fee ranges from 0.5-3%, depending on the amount transferred. Bitcoin blender supports multiple addresses and configurable parameters (up to 10). However, confirmation is required: bitcoin blender does not have a routing program.
bitcoin blender has its own bitcoin reserve and is treated as a bitcoin chain. when you send bitcoin to blender.io , blender.io sends your coins to the end of the chain and sends fresh, unrelated coins from the top of the chain. Thus, there is no connection between the coins sent and received. As a result, the public registry can only track coins coming from your wallet to your account. Blender.io the address and nothing else. Bitcoin Blender does not require you to register or provide any information other than your “receiving address”. This is all that is required, and, in my opinion, there is no anonymity anymore. Since you do not provide any personal information, your identity will never be disclosed. In addition, Bitcoin Blender does not know who you are and cannot contact you. Bitcoin blender is one of the most useful tumblers in this sense. While most other tumblers offer 3-4 sets of delays, Bitcoin Blender offers up to 24 delays. Bitcoin Blender also allows you to add up to eight new addresses per transaction (up to five in other tumblers).