Blockchain technology brought genuine changes in the economic sphere. Making transfers without being afraid that a centralized entity could block your account without motive was the most innovative thing of the last decade by far.
However, there’s something that’s missing - the complete privacy of transfers.
At least, that’s how it used to be, but now we have Coinomize.
What is Coinomize?
Coinomize is a 'Bitcoin Mixer' that blends your coins with those of other people in a pool to make transactions undetectable. No one can precisely say who made the transaction and to whom.
As a mechanism, you put your Bitcoin in a pool, the coins are all mixed randomly, and in the end, you get new clean money.
So How Exactly Does Coinomize Mix the Coins?
Coinomize’s technology is at a way higher level than you’d think. And to understand it, let’s investigate what the base problem is.
Bitcoin does not offer total privacy because every transaction is recorded on the blockchain. Since it is public, everyone could follow the string of transfers and get to the origin - you.
So Coinomize extends this string, making it so tangled that it will require too much time to find where it started.
How? By sending and resending the coins between thousand of wallets in the mixing pool, in a maximum of just three days.
Who would have so much patience?
What Else Should You Know?
In case you were concerned about your security, note that 72 hours after the transaction, all your user data records are deleted automatically. Even better, you are free to delete them manually sooner.
And if you are worried about the price, just drop it. Coinomize costs 5% of your Bitcoin deposit at most - based on the mixing power and the transfer delay chosen.
What’s even better is that you can get 100% privacy with less than 5% fees. For example, with 72h transfer delay, you would need to pay just 4.19% of your deposit.
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