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What are Mixers and “privacy Coins”?

Public blockchain cryptocurrencies similar to Bitcoin are radically clear at the protocol stage: transactions are viewable and immutable to everyone eternally on the blockchain ledger. Recipient addresses, however, could be viewable on the blockchain. Nonetheless, they may still leave some sort of hint, limited although it may be, on the blockchain if they aren’t perfectly executed. As a result of receiving tainted coins is undesirable, this creates a problem of imperfect fungibility since untainted coins may be price greater than tainted coins. Moreover, with out privateness by default, innocent non-technical users who are unfamiliar with their options may be denied privateness protections that should, arguably, routinely protect all. Each Monero transaction is structured this fashion by default, so no person draws attention to themselves by choosing whether or not to use ring signatures. If that person sends cryptocurrency from his id-linked deal with to a newly-created address to buy a censored newspaper subscription, the government could trace that transaction back to his identity-linked handle and punish him.

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