Thursday, January 16, 2020 12:05:59 PM
Like any other Bitcoin mixer, BitWhisk.io too operates on the very simple fundamental principal of give-and-take, it takes user-deposits of Bitcoins to its own accounts, and gives them Bitcoins of equivalent amount from its own reserves.
Now when such a Mixer isn’t employed, obviously all of the Bitcoin transactions on the globe can be traced back to the tiniest details such as which address sent them, where were they sent, how much fee was incurred during the transaction and so on.
However, with such a mixer, because there’s no link between the unclean (initial) coins sent to the mixer and the new ones the mixer sends back to the users, no one can trace or track where the initial Bitcoins went.
It’s so because they don’t go anywhere and stay with the mixer untill the mixer sends them to other users, in many different parts, while the user gets to use equivalent amount of Bitcoins without having to use his original set.
There however are some advanced measures some mixers offer to further anonymize this process, and based on those features we decide which mixer is better than the other.
BitWhisk Overview
Clearnet Link: https://www.bitwhisk.io
No Registration required for Tumbler.
Minimum Deposit: Extremely low (less than 0.002 BTC accepted: differs for each deposit).
Maximum 2 BTC.
Fee: 0.1%
No logs policy: Yes.
Time Delays: Yes, User controlled.
Additional Addresses: 10.
Distribution Control: Yes, User-controlled.
They delete logs 1 hours after mixing.
Blockchain analysis turned out clean and we received fresh coins.
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