A Bitcoin tumbler is a service that helps you make your cryptocurrency transactions more anonymous. It works by breaking down each transaction into smaller parts and mixing them with others before sending them to the recipient’s wallet. This makes it harder for third parties to link the coins back to their original owner.
The blockchain is a public record of all transactions in cryptocurrencies, including Bitcoin. This means that with the right analysis tools and expertise, it’s possible to trace a Bitcoin or other cryptocurrency back to its original owner. That’s not great if you want to remain completely anonymous or if you’re using Bitcoin for illegal purposes.
That’s where tumblers come in. Tumblers work by combining source funds from multiple users for a long period of time and then randomly spitting them out to destination addresses at random times. This helps to obscure the trail of where a coin originated from, making it much harder for anyone to figure out who sent what to whom and when.
As such, tumblers have often been used to hide illegal activity, but that’s not always the case. It’s important to understand how tumblers work before you start using one, and it’s always wise to take other steps to protect your privacy while conducting Bitcoin transactions. Gizmodo Australia recommends researching your options carefully before deciding to use any type of crypto tumbler or mixer. Crypto Tumbler