I still have yet to understand coin mixing and etc. been overwhelmed in the number of things I need to learn still
Login to reply
Replies (2)
I think that's where the "stay humble" part comes in haha. Every day I'm learning something, it's amazing really. My understanding so far is Coin mixing is adding some confusion on the blockchain to achieve some level of privacy. Making chain analysis difficult for those nefarious government types lol.
CoinJoin is basically a collaborative transaction with multiple people that returns your funds to you denominated in equal amounts.
For a couple of reasons, this disrupts analysis of the blockchain. Otherwise, it's fairly trivial to follow the flow of funds across the network.
Super quick layman explanation: https://river.com/learn/terms/c/coinjoin/