Anonymous bitcoin payments. Is it true?
Many people who use bitcoin think that the whole bitcoin system offers a high level of anonymity. However, it is not all that simple. To tell the truth, that is very much not the case.
The first fact - the blockchain of Bitcoin is open. Anyone who is connected to the world web and has some knowledge of bitcoin blocks can study the history of your operations including destinations of your transfers, sources of your replenishments, and the cost of your portfolio. The initial design of the Bitcoin blockchain was developed as a public service, so there is no talk about digital anonymity. Moreover, the main advantage, which is praised in the advertisements, is the transparency of the bitcoin technology. It is a good thing in many ways, but it does not help people who want to stay anonymous while using the blockchain system for payments and banking.
If it sounds strange, it is OK. Let us take a bank account as an example. Would you like it if somebody was able to look through the history of your transactions including the sums of your transfers and pays, and your current balance? No doubts, you would close that transparent account and open a new one in another bank that honors your confidentiality.
The public status of your Bitcoin blockchain offers quite the same. It is a transparent wallet. If you want to stay anonymous for some reason, you have the right to do it, and there is a way. However, it is not a built-in option, so you will have to learn some tricks. Today, the team of Bitcoin developers is working on the Lightning Network. It is a second-layer scaling system that is aimed at taking off the load from the main Bitcoin chain. When it is ready, payments in Bitcoin will be cheaper and faster. However, there is still no provision for any level of anonymity.
Fortunately, there are a few simple ways to pay with Bitcoin anonymously. Use the following information to keep your Bitcoin transfers confidential. You do not have to be a computer geek to learn the way to send bitcoin without a trace whenever you need it.
Use VPN or Tor Browser
VPN is a service that covers your real IP by encrypting your internet connection and changing your IP address. It can be in another country, f.e. you can connect from the USA, but for any observers, you will be seen as a European or Asian connection.
The Tor browser is one of the best privacy tools. The only thing you should do to make safe and anonymous Bitcoin transactions is to access your wallet via Tor every time you make a transfer. Thus, you can make sure that nobody can track your payments and identify them as yours.
When monitoring your Bitcoin transfer, Blockchain analysis groups generally rely on the IP address. Your VPN or Tor browser cover up your tracks and helps keep a good degree of anonymity.
Use the Bitcoin Tumbler
Even though bitcoin has no option to keep your account private, there is always a way. You can use a bitcoin tumbler. Such services help shuffle your bitcoins by complicated algorithms, and that is how they secure the identities of the users. With bitcoin blender, there will be almost no chance to track your operations and identify you.
The operating principle of such services is quite simple. A bitcoin tumbler is a reserve of bitcoin, which consists of coins that belong to many other users. When you add your bitcoin, you can specify an additional wallet address for receiving mixed bitcoins. The reserve gets your deposit, mixes it with other bitcoin parts belonging to different users, and sends you coins that had no connection with you before.
BTCmixer.in shuffles coins with clean coins from Chinese and European mining pools.
Enter the address you want the Bitcoin forwarded to:
Did you know?: Logs of any nature are not maintained with our Bitcoin mixer. We do not store any information that can be used to identify you either.