Smartmixer has this special concept of using not only one, but three separate coin-pools. Coin-pools are basically the coin-reserves that a mixer uses to send coins that are clean to users.
So when a user sends his/her unclean coins into Smartmixer, these coins are saved at an appropriate coin-pool, and the user is sent different coins from among the pools. These new coins are certainly not linked to the older coins delivered by the user.
Users get to choose the exact coin-pool they’d love to receive the coins out of, it depends on the service fee a user chooses to cover.
The 3 pools offered by Smartmixer are:
Standard Pool: The most frequent pool for any mixer. Comprises of coins from different users. Is the least expensive pool.
Smart Pool: Is the maximum volume-rich pool, as it comprises of coins from other users (standard Pool) + Smartmixer’s reservations + Investor’s money. Only retains coins out of the company reserves and If you beloved this write-up and you would like to receive much more details about btc Mixer kindly visit the website. investor’s money. No unclean coin from different users has shipped . Also costs the maximum service fee.
These pools are what impressed me about Smartmixer (along with a couple more attributes ). What this establishes is that the new coins will be clean and anonymous, period.
But what about the other characteristics a mixer should offer? Let’s take a peek at them.
That’s because it affirms the mixing of a number of coins in addition to Bitcoin. Infact, it probably is the only mixer in the industry with such a diverse mixing-portfolio.
Smartmixer.io lets users mix:
Mixing services try to privatize cryptocurrencies by sending them through a massive series of transactions involving various wallets. The procedure aims to obscure the roots of coins in addition to the entity in control of them when they come from mixing. Harmon’s mixers were only accessible via the dark web.
Harmon was detained in February for operating a stable of tumblers, or mixers, that Washington, D.C. prosecutors allege constitute unregistered money services businesses. Those fees against him say he laundered around $300 million in Bitcoin. In accordance with today’s announcement,”FinCEN’s analysis has identified at least 356,000 bitcoin trades through Helix.”
FinCEN asserts that Harmon deliberately flaunted the Conditions of the Bank Secrecy Act, the basis of U.S. Anti-Money Laundering legislation. It had been violations of the BSA which led to criminal charges against the executive team of crypto exchange BitMEX earlier this month.