If you're visiting our blog here at Bitcoin Laundry, odds are you probably understand the importance of mixing your bitcoin and carefully protecting your privacy. But what about after you've mixed your coins with us?
For the past two months, newly launched mixing service Bitcoin Laundry has been gaining traction amongst cryptocurrency users for it's unparalleled anonymity and friendly user interface. For those interested in privacy and anonymity, Bitcoin Laundry makes Bitcoin transactions untraceable by mixing incoming Bitcoins with random coins from a reserve pool before sending them back out-- the coins you receive back are never the coins you sent in.
Cryptocurrency is a revolutionizing force in world finance, personal wealth-building, data sharing, and business contracts. One of the most important things that sets cryptocurrencies apart from traditional fiat currencies (government issued currency such as USD, EUR, or CNY) is the concept of anonymity. Many joining the cryptocurrency space are interested in holding their assets without being associated with them by name. But are cryptocurrencies like Bitcoin and Etherium truly anonymous?