By Jonas Kylo
All operations of buying and selling cryptocurrencies, from their transfer, ultimately leave an imprint, and it is fully accessible to third parties. Basically, transactions with cryptocurrencies are not anonymous. Anyone can analyze information about all transactions of any user. In this article, we will analyze the best service called cryptocurrency mixer, which allows you to ensure anonymity during transactions with cryptocurrencies.
What is the essence of electronic money?
Cryptocurrency is a digital type of money, which is an encrypted alphanumeric code that only the owner knows. The essence of cryptocurrencies is that they have no physical form. And to create them, you cannot do without powerful computer support and video cards. This is how Bitcoin appeared – the most famous and most widespread version of virtual money.
Today, cryptocurrency is widely used: it can easily be exchanged for dollars, euros, and other currencies. It is possible to give a gift to relatives or friends by making a transfer to their account. And, of course, virtual money is used to pay for online purchases.
The place of crypto mixers in cryptocurrency
Crypto-mixers, also called laundries, mixers, and tumblers, are services that make cryptocurrency completely “clean” (wash it). Acting on the algorithm of mixing and splitting cryptocurrencies, they break any connection between sending and receiving wallets.
YoMix blender allows you to mix bitcoins without creating an account, and bitcoin tumbler does not record any connection between individual service visits. Due to the large turnover of exchanges, transactions will always come clean. The level of purity is checked by special algorithms.
Besides, the creation of an appropriate economic and legal mechanism for regulating the circulation of cryptocurrencies and the activities of the cryptocurrency market will be the key to the successful integration of the world’s economy into the international innovation ecosystem.
