Cryptocurrency Q&A What is the difference between CoinJoin and mixer?

What is the difference between CoinJoin and mixer?

CryptoKnight CryptoKnight Sun Dec 08 2024 | 6 answers 1537
I want to understand the distinction between CoinJoin and mixer. How do they differ in terms of functionality and purpose within the cryptocurrency domain? What is the difference between CoinJoin and mixer?

6 answers

PhoenixRising PhoenixRising Tue Dec 10 2024
In contrast, mixers are predominantly centralized entities.

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KatanaSharp KatanaSharp Tue Dec 10 2024
This centralization often renders mixers susceptible to various forms of fraud.

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GyeongjuGloryDaysFestival GyeongjuGloryDaysFestival Tue Dec 10 2024
The decentralized nature of CoinJoin makes it a more secure option for enhancing privacy.

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SakuraWhisper SakuraWhisper Tue Dec 10 2024
CoinJoin operates on a peer-to-peer (P2P) basis, ensuring a decentralized approach to transactions.

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Daniela Daniela Tue Dec 10 2024
BTCC is recognized as a leading cryptocurrency exchange, offering a range of services.

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