A Decentralized Mixer For Ethereum? Zcoin Is Working On It - Coindesk
A Decentralized Mixer For Ethereum? Zcoin Is Working on It The development team behind zcoin, a privacy-focused cryptocurrency built on the Zerocoin protocol, has announced a project to create a decentralized coin mixer for ether transactions. Revealed in a post on the zcoin blog published 4thMay, the idea is to create an ethereum-compatible version of the procedures in the Zerocoin protocol whichallow users to convert non-anonymous cryptocurrency (bitcoin, ether etc) into an anonymous token. The idea is that these tokens could be sent to another user, converted back into the base currency and spent without revealing the private token's owner. Running such a system on ethereum opens up the possibility of both leveraging the platform's smart contract functionality and eliminating the need for a trusted third party to handle the mixing, as is currently the case with bitcoin mixers. "Unlike Coinjoin and its variants, it also does not require a central server to process such mixing, does not require you to trust any third parties and does not require other users to provide liquidity for a mixing transaction." While the highest levels of anonymity in the cryptocurrency space are currently associated with standalone currencies such as zcash, dash and monero, the zcoin mixer is representative of a small but growing trend in privacy projects focused on ethereum. Another such example, ZoE (Zcash on ethereum) , similarly showed that there are fruitful avenues to explore in bringing anonymity technology tothe distributed computing platform. Continue reading >>
Decentralized Ethereum Mixer?
I know that there were alot of plans for something like this, but i don't think it has ever happend has it? I've found a few projects on ethereum based on smart contracts here and there, But they seem to all be dead. Am i right? Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. I know that there were alot of plans for something like this, but i don't think it has ever happend has it? I've found a few projects on ethereum based on smart contracts here and there, But they seem to all be dead. Am i right? There's been talk about decentralized CoinJoin for years, but in practice (like most decentralized market solutions), there is not much liquidity to adequately mix coins. But there are real world examples of CoinJoin being used (see ). Blockchain.info used to have a Shared Send feature (not as private as CoinJoin, because the outputs don't have the same value) but they unfortunately removed it a year or two ago. I'm not aware of much effort to organize CoinJoins in Ethereum. I haven't even heard of a reputable mixer. There was a service called WeiMixer being advertised on the forum (centralized mixer), but I think it's a scam. Quote from: romani245 on September 11, 2017, 11:25:21 PM I've heard of CoinJoin too, but it seems like that went nowhere. TumbleBit (payment hub compatible with Bitcoin) has been really hyped a lot -- supposedly totally anonymous and does not require any major protocol change. Unfortunately, I haven't heard about much progress there. Stratis has released an experimental TumbleBit server as of July; I'm not sure how successful it is. Seems that there is some sort of gap which could be filled in the future. I've not really heard much about the other projects you Continue reading >>
One Huge Ethereum Mixer Controlling 65% Of All Transactions Volume: Analysts Cointelegraph.com
One Huge Ethereum Mixer Controlling 65% of All Transactions Volume: Analysts #ethereum #transactions #cyberfund #analysis According to the analysis, over 65 percent of all ETH transactions are generated using temporary addresses. In other words, funds come into the address and leave the address again, usually within an hour, and the addresses are never used again. The finding, on the cyberFund blog, indicates that an Ethereum mixer is moving funds into temporary addresses, mixing them around from address to address, and then outputting them into more fixed addresses on different exchanges. The issue with these transactions is that they represent a massive part of all Ethereum transactions taking place, indicating that funds are being moved rapidly, and for some purpose that is not evidently clear. The protection offered to clients by crypto-exchanges: all clients funds are mixed so that the funds sources cannot be tracked and those holding clean money cannot be unjustifiably accused of any illegal activity2. A mechanism used by a large private exchange to preserve the privacy of its clients; this exchange might be operating with fiat money4. A mechanism used to securely transfer crypto-assets between crypto-exchangesWhich of these options is actually the purpose remains to be seen. However, if such a high volume of transactions is being carried out by a single mechanism, it calls into question the market growth of Ethereum and its actual use. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Continue reading >>
I Think This Article Really Deserves A Bold Clarification/correction.
I think this article really deserves a bold clarification/correction. It uses transaction volume in a few places as a synonym for total quantity of ETH sent, which is not a usage of that term that I have ever seen in ethereum. Phrases like the share of the Mixer in all Ethereum transactions has changed over time and an overall growth pattern of Ethereum transactions looks very differently when the Mixer share is excluded contribute further to the misleading nature of the claim, as nobody ever uses Ethereum transactions to mean quantity of ETH transacted either; rather, such phrases refer to the number of transactions sent ( ). This use of terminology is already confusing people, see . Furthermore, I think that total quantity of ETH sent is a completely useless metric, because it is easily spoofable; if I were to send 400k ETH to myself in every block, then that would generate ~2b ETH moved per day, outshining whatever this mixer is by a factor of 100, and I would probably be paying less than this thing in transaction fees to accomplish that. This is precisely the reason why the bitcoin community prefers talking about coin days destroyed. This finding is substantial, but its a VERY different result from what its being misinterpreted as, which is something like 2/3 of all activity on ethereum is one single mixer, which is NOT true. By clapping more or less, you can signal to us which stories really stand out. Continue reading >>
Github - Blackyblack/laundromat: Ethereum Mixing Service
If nothing happens, download GitHub Desktop and try again. If nothing happens, download GitHub Desktop and try again. If nothing happens, download Xcode and try again. If nothing happens, download the GitHub extension for Visual Studio and try again. Run your local geth node with RPC enabled for your localhost: geth.exe --rpc --rpcport "8545" --rpcaddr="localhost" --rpccorsdomain "*" Make sure it is only accessible from your local network! Open app/index.html to access the Laundromat UI. Check the desired mixing contract status: enter the contract address into Query Status->Contract Address eg0x401e28717a6a35a50938bc7f290f2678fc0a2816 If there are available seats, you can join the mixing (Got participants isless than Participants limit). You will then have Payment (ETH) Etherdeducted from your account for the mixing. Enter the contract address into Deposit->To contract eg0x401e28717a6a35a50938bc7f290f2678fc0a2816 Enter your Ethereum account (you will need to unlock it, check availableaccounts with geth account list command) eg0x4460f4c8edbca96f9db17ef95aaf329eddaeac29 Generate private key with Private key->Generate Write down the private key -- your coins will be lost if you lose yourprivate key Enter your private key into Deposit->Private key eg24883375667666319798130594789127643442423595702572623965227685575198986951784 > geth attach personal.unlockAccount('your_account',"your_password") eg> personal.unlockAccount('0x401e28717a6a35a50938bc7f290f2678fc0a2816',"password") Continue reading >>
Ethereum Mixer Review
In this Ethereum Mixer Review, we will be reviewing Ethereum-Mixer.com. Ethereum Mixers works similarly to a traditional bitcoin mixer; but in this sense- it mixes Ethereum. Also known as Ether, or ETH.. this cryptocurrency can be traced on the blockchain just as easily as bitcoin. When youre concerned about your privacy, and want to ensure your blockchain privacy, its important to employ a trusted Ethereum mixer . The service first requests an output address (or multiples) to where the new, cleaned ethereum will be sent. Once youve submitted your input addresses, youll find the option to add a randomized delay. Delays and multiple output addresses improve your anonymity, so these features are well warranted. Once youve submitted youve output addresses, you will be provided with a unique ethereum address. This is where you will send your ethereum. After 1 confirmation, the deposit should appear on your Ethereum Mixer. From there the ETH will be sent as specified in your output configurations in step 1. After hundreds of user submissions, weve found that Ethereum-mixer is well deserved as the best ethereum mixer on the market in 2018. Maintaining a presence on both the clearnet and darkweb, Ethereum-Mixer controls the market as the most trusted Ethereum mixer. Continue reading >>
Huge Ethereum Mixer Cyberlog
68% of total Ethereum transaction value controlled by one system UPDATE: We have released the Jupiter notebook on Github so that anyone can repeat the analysis done. Analyzing the Ethereum transactions, cyberFund has come across a finding that struck us so much that we rushed to dig deeper into this issue. We now wish to share our findings with a community hoping to come up with an explanation together. The clusterization of all Ethereum addresses from the inception of Ethereum until 15.09.2017 revealed a class of addresses that we will call in this paper temporary. These are addresses where funds come and leave within a short time interval no longer than 1 hour, after which the addresses are never used again. The temporary addresses constituted 46% of all active addresses and processed 65% of total transaction value during the analysed period. Analyzing transactions where these addresses were involved, we managed to collect piece by piece a full picture of what was going on: In the centre of the picture above, one can see a core of the Mixer which consists of more than 95% of temporary addresses. This core interacts with a group of shell addresses, or a shell layer, which includes both permanent and temporary addresses. The shell layer in its turn receives ETH from what we will call input addresses and sends ETH to output addresses displayed left- and right-hand on the scheme respectively. We looked up the names of the owners of these addresses in Etherscan. Only a few of these addresses had a name of the owner attached to them on Etherscan . The other names displayed on the picture above are the names mentioned in users commentaries on Etherscan, so we can only assume that they are the real owners of these addresses. In the end, it turned out that the total amount tr Continue reading >>
I like the layout of the website its fresh and responsive, at the first sight I thought it was just a simple mixer but when I looked further and saw how it works, i have to say that I was amazed. CryptoMixer.io is working pretty nice and they also have implemented a nice dashboard. The design is modern and was very easy to understand. Nice and easy with just a few tabs which gives the user a great outlook and overview. I have to say that I like their design way better then Bitmixer (their competitor). I gives more trust and looks more professional. While bitmixer.io goes with an outdated non appealing design. Another nice thing of this mixer is that it also has a estimated fee calculator so you know how many bitcoins you get after fees:Transparency at its best! They are having a nice explanation about how its working on their website. Their howto is easy to understand and straightforward. CryptoMixer.io explanation makes it easy for newbies and advanced users. In essence the mixer works like any other mixer. Sent your coins to Address A, and from Address B you will get paid your your Address . The overall experience I had with CryptoMixer.io is very good, the fact that you can calculate and see your service fee makes it transparent. I also like how they have made the mixer itself, its easy to understand with the layout it has and its also very easy to deal with. For this review i mixed a few coins and I receivedmy bitcoins fast because I had set the time delay on the minimum of 1 hour just to test it for you people, the service fee I used was 0,5000%, its the lowest service you can pick. Im very satisfied with this new Bitcoin mixer and Im also going to use it more often in the future, the only downside for me was that it only has a delay of the maximum of 24 hours, I Continue reading >>
Analysis: Are 70 Percent Of Ethereums Transaction Value The Result Of A Huge Mixer?
Analysis: Are 70 percent of Ethereums Transaction Value the Result of a Huge Mixer? For some months the Ethereum network has processed more transactions than Bitcoin . However, a recent study discovers that 68 percent of the transactions value belongs to a huge mixer which obfuscates the origin of the ether. But the source could be more boring than supposed on first thought. Actually Ethereum enjoys the nimbus of being the white blockchain. While bitcoin has the bad reputation as the Dark Nets currency of choice, ether usually is classified as the innocent currency of banks and geeks. However, this standing has started to totter. Not only has the ICO hype demonstrated that Ethereums first killer app is being a global platform for unregulated crowdfunding a new analysis of Ethereums transaction graph has what it takes to disrupt the nice guy image further. At least the authors of the analyses claim that in the center of Ethereums economic activity is a mixer. And usually, mixers are not said to be a tool for those who have nothing to hide. But before we take premature conclusions, lets take a look at the analysis. Throwaway Addresses at the Core of the Scheme The Cyber Blog team analyzed all Ethereum transactions from Genesis Block to September 15, 2017. To do so, they clustered the addresses, which means that they searched for patterns which indicate that the addresses belong together. The concept is well known from Bitcoin, where sophisticated clustering algorithms have started to play a growing role in law enforcements investigations of Dark Net activities. The clustering analysis of Ethereum s blockchain resulted in a remarkable new finding; there is a class of throwaway addresses. These addresses received money, sent money shortly after and have never been used sin Continue reading >>
What Is The Decentralized Ether Mixer Smart Contract?
What is the Decentralized Ether Mixer Smart Contract? What is the Decentralized Ether Mixer Smart Contract? When the AlphaBay darknet market announced they would integrate Ethereum, a lot of people were caught by surprise. Ethereum has no anonymous payment solution. It makes little sense to integrate such a payment solution if it cant provide anonymity. However, a decentralized Ether Mixer is currently in development. It may not be a perfect solution, but now is a good time to see what this project has to offer. The Decentralized Ether Mixer Smart Contract It is evident the Ethereum ecosystem could benefit from anonymous payment solutions. Although not everyone wants to use this currency for nefarious purposes, some people like to have some additional privacy at any given time. Unfortunately, that is rather difficult to achieve in the Ethereum ecosystem right now. This situation may come to change soon, though, thanks to the Decentralized Ether Mixer smart contract. To put this concept into perspective, the goal is to make Ethereum mixing as decentralized as possible. In the world of Bitcoin, mixing services are run by one or multiple operators. Using such a service means the sender has to fully trust the mixer operator not to steal their funds. While this is usually not much of a problem, it still creates some trust issues along the way. Using a decentralized approach makes a lot more sense for mixing services, but it is also more difficult to integrate. The team working on this concept is making use of a smart contract to provide decentralized Ethereum mixing services. More specifically, the contract lets multiple parties deposit funds and withdraw the same amount through the use of different anonymous addresses. This sounds great on paper, although one could argue t Continue reading >>
Eth Blender - The #1 Instant Ether Mixer
Latest Alert: Our ETH reserve has increased! Leave Bitcoin in 2017 because the year 2018 is Etherum's time to shine. On 8 January 2018, 200,000 new Ethereum wallets were created through the network in a single day. With this demand many new users have been using ETHBlender.com which allowed us to increase our reserve. You can now mix up to 22 ETH in a single transaction and be guaranteed to receive fresh coins. ETHBlender.com has a proven track record in the ethereum community. A combination of different mixing techniques backed up by a huge buffer and new mined coins daily ensure you never receive your old dirty coins. Our web host is fully offshore and all data is encrypted. Once you receive your new ethereum you can delete your transaction receipt instantly from our server. We keep no logs! Because we have been running as a premier mixer for years, we have a constant stock pile of new ethereum. We also receive new coins daily that are being mined in the cloud. Whether you send 0.02 ETH or 20 ETH, our system will deliver you new ethereum instantly after only 1 ethereum network confirmation (within minutes usually unless you change the delay time) Is it really instant to receive new ethereum? Once you start a ethereum mix, we have to wait for 1 confirmation from the ethereum network to ensure the ethereum clear. This usually takes just a few minutes and then the system will send you new coins to your wallet(s) specified. For extra privacy and the paranoid users, we do recommend setting a higher delay prior to the start of the ethereum blend. The random time feature is the most recommended, which Ethers will be randomly deposited to your supplied ETH wallet addresses between 5 minutes and up to 6 hours. Just start a ethereum blend before bed and wake up to fresh new co Continue reading >>
Ethereum Mixer | Mix Your Ether Now! Low Fees. Safe. Fast And Anyonymous
Please wait while we're generating your mixing job... This address is valid for the next 48 hours (till UTC) and one transaction. Make sure the address you're sending the Ether from belongs to you and not an exchange (Important in the case of a refund. Read more in the FAQ. ) Use our fee calculator to see the exact amound you would have to send to recieve what you like. Please do not send more Ether than available, else your transaction will be refunded. Please take note of this mixing code and use it on your next mixing order with us to not recieve your old Ether. Please download this and keep it securely stored. For security/privacy reasons it is important to delete the file after recieving your mixed Ether. The server is currently under maintenance. Please try again later. Your address is invalid. It might be the length or if it contained captial letters the address checksum didn't match up. Pleas try again with lowercase letters only. The timedelay you set is invalid. Please make sure its between 0 and 48 hours. The mixing code you provided is invalid. Please leave it empty or enter a valid one. An unknown error happened. Feel free to contact us if this happens more often. The Ethereum address is invalid because the address belongs to a contract. Please us a standart non contract wallet. Ethereum isn't anonymous by default. Everyone can see where your Ether is going to or coming from. The key is to hide which address belongs to you. That's what we are here for. By using our service we will break the link between addresses for you! After recieving your Ether we will send you freshly premixed Ether from our reserve directly to the address you've given to us. Your old Ether will then be added to the reserve. In order to not recieve your old Ether back next time you ha Continue reading >>
One Huge Ethereum Mixer Controlling 65% Of All Transactions Volume: Analysts
One Huge Ethereum Mixer Controlling 65% of All Transactions Volume: Analysts What means that the single mechanism is responsible for most of all Ethereum transactions A group of extremely savvy analysts started evaluating how much and where ETH transactions were being processed. What they found was a bit of a surprise. According to the analysis, over 65 percent of all ETH transactions are generated using temporary addresses. In other words, funds come into the address and leave the address again, usually within an hour, and the addresses are never used again. The finding, on the cyberFund blog, indicates that an Ethereum mixer is moving funds into temporary addresses, mixing them around from address to address, and then outputting them into more fixed addresses on different exchanges. The graphic below indicates the process. The issue with these transactions is that they represent a massive part of all Ethereum transactions taking place, indicating that funds are being moved rapidly, and for some purpose that is not evidently clear. The analysis that at least one of the following possible options must be true of the mixer. 1. The protection offered to clients by crypto-exchanges: all clients funds are mixed so that the funds sources cannot be tracked and those holding clean money cannot be unjustifiably accused of any illegal activity 2. A mechanism set in place to protect US residents who wish to avoid control from US regulatory bodies 3. A mechanism used by a large private exchange to preserve the privacy of its clients; this exchange might be operating with fiat money 4. A mechanism used to securely transfer crypto-assets between crypto-exchanges 5. Any kind of Ethereum-laundering scheme Which of these options is actually the purpose remains to be seen. However, if Continue reading >>
Studie: Entspringen 70% Des Wertes Aller Ethereum-transaktionen Einemmixer?
Posted on 28. September 2017 by Christoph Bergmann // 7 Comments Himbeeren im Mixer. Bild von Crosa via flickr.com. Lizenz: Creative Commons Seit einiger Zeit prozessiert das Ethereum-Netzwerk mehr Transaktionen als Bitcoin. Eine neue Analyse zeigt allerdings, dass 68 Prozent des Wertes aller Transaktionen zu einem riesigen Mixer gehrt, der die Herkunft von Ether verschleiert. Der Grund knnte jedoch relativ langweilig sein Eigentlich genoss Ethereum den Nimbus der weien Blockchain. Whrend Bitcoin den schlechten Ruf der Whrung des Darknets hat, gilt Ethereum als gute Whrung der Banken und Nerds. Dieses Image kam mit dem ICO-Hype bereits ins Schwanken. Es zeigte sich, dass unreguliertes Crowdfunding die erste Killer-App von Ethereum ist. Eine neue Analyse der Transaktionsverlufe hat das Zeug, weiter am Saubermann-Image von Ethereum zu kratzen. Zumindest behaupten die Autoren der Analyse, entdeckt zu haben, dass im Zentrum der konomischen Aktivitt von Ethereum ein Mixer steht. Und wo Mixer draufsteht, ist meist Geldwsche drin, oder? Lasst uns aber zunchst die Analyse ansehen, bevor wir bereilte Urteile abgeben. Das Team von Cyber Blog hat alle Ethereum-Transaktionen vom Genesis-Block bis zum 15. September 2017 analysiert. Dabei haben sie Cluster in den Transaktionsverlufen herausgearbeitet sie haben nach Mustern gesucht, die zeigen, dass Transaktionen zusammengehren. Wir kennen dieses Prinzip von Bitcoin, wo verschiedene Adressen oder Transaktionen relativ einfach miteinander verbunden und zu einer Wallet gecluster t werden knnen. Die Cluster-Analyse der Ethereum-Blockchain fhrte nun zu einer bemerkenswerten Erkenntnis: Es gab eine Klasse von Adressen, die als Wegwerfadressen verwenden werden. Sie erhielten Geld, das Geld wurde weiterberwiesen, und danach wurde die Adress Continue reading >>
Is There A Large Ethereum Mixer?
Recently it seems as if the Ethereum network has been processing more transactions than Bitcoin . However, it seems as if the bulk of these transactions are being done by one large mixer that trys to hide where the funds are going. It does seem, however, that it may just be quite mundane. Originally developed for Ethereum smart contract technology, the token has been looked at as a rather safe and secure way to transact. This is in contrast to Bitcoin that has taken on more of the darknet. However, this has changed recently with a lot of the ICOs that have been taking place. Transaction mixers are not generally for those people who have nothing to hide. This has led many to believe that these Ethereuem mixers are being used for nefarious purposes. Yet, before we start to judge something before it is clear, let us take a look at some analysis . Researchers decided to take a look at all of the Ethereum transactions that have taken place in the genesis block up till the 16th of September 2017. In order to be able to cluster the numerous addresses, they looked for patterns in the transactions that would indicate that these addresses were indeed related in somehow. This analysis resulted in a really interesting finding. There appear to be a large amount of Ethereum throwaway addresses at the center of the transaction pool. They were used only to receive money for certain transactions, send that money and were then never used again. These addresses constituted over 46% of all of the active addresses and at least 65% of all of the transactions on the network. This is no doubt quite a staggering number. Although this may sound a bit alarming, you should consider that this may be spoof able. According to Vitalik Buterin , the Ethereum founder, someone could easily send a large Continue reading >>