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Do Bitcoin tumblers offer privacy?

Bitcoin tumblers are also often referred to as Bitcoin mixers. Since mainstream media outlets often portray Bitcoin as a digital currency used by hackers and other shady figures, there is a perception among some people that Bitcoin offers privacy to its users. However, this is certainly not the case in reality.

What is a whirlpool wallet?

Whirlpool by Samourai Wallet Samourai Wallet is a Bitcoin wallet that implements a Bitcoin tumbling feature called Whirlpool. This feature is based on CoinJoin, a Bitcoin privacy technique that we’ve already discussed above.

How does a bitcoin tumbler work?

The basic concept behind how a traditional Bitcoin tumbler works is that the tumbling service accepts BTC deposits from many different users. Each user’s BTC deposit is split into smaller amounts of Bitcoin, often using randomization to determine the split.

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