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by HNNoLikey 3226 days ago
I've heard that bitcoin mixers can take care of completely/somewhat obfuscating coin ownership.

> According to Wikipedia: User can send his bitcoins on this service, pay small commission, and then receive the same sum of utterly different bitcoins.

If they're paid out to one address it still wouldn't provide the desired level of anonymity, if however they are paid out to multiple addresses belonging to the same user, I would imagine the anonymity level would increase but not totally since one could still add up payments made to different addresses whose total should amount to a given range.

1 comments

Yes possible but impractical when you split the new payments to multiple new addresses, in unequal amounts and at random times....
This has been what I've read as well. Unless a massive and coordinated entity like Five Eyes has decided to focus a significant amount of its resources on you, bitcoin mixers seem to provide 'adequate' levels of obfuscation.