Sam 8 February 2025 ▪
6
min at reading ▪
Once it is not common, France again shows its gloomy distrust of bitcoins.
The Senate prohibits “Mixers”
The Senate has just accepted a change prohibiting the use of “crypto-active mixers”. We are also talking about “wives” in Žargon.
Mixers allow you to strengthen pseudonymat bitcoins. They are very practical to protect your privacy, which annoys senators:
“This amendment intends to prohibit the use of crypto-active mixers aimed at crypto-active, which circulate on blockchain. Due to their characteristics, these mixers are actually used in still work circuits, especially with regard to drug trafficking income. »»
This amendment is missing in salt when you know that the National Assembly is currently sprayed with a drug consumption scandal. In addition, if we follow the same logic, we also forbid banknotes because they all contain cocaine traces. But how will our MPs do to buy a powder?
The Senate emphasizes that the amendment aims to associate with EU regulations that will enter into force in 2027. The Slídy law approved by the European Party Center EPP (European People’s Party) provides a prohibition of financial services enabling anonymous transactions.
Indeed, the attitude of the Senate is against the tide. For example, the Netherlands have just released Tornado Cash developers Alexey Pertsev. A little earlier in January, the Federal Court in Texas canceled the sanctions imposed by the Office for the inspection of foreign assets against the tornado cash.
The failure of the European Union against Bitcoin is a pity. He has lost time because of the overflow of ideologues who imagine that they are able to suffocate such a deep technological breakthrough.
Meanwhile, the United States is several weeks old to create a bitcoin strategic reserve. Not to mention the use of minors to balance the network and strengthen their energy. On the contrary, we still do not know where to find 70 billion, that another six French nuclear reactors will cost …
The usefulness of blender
Bitcoin transactions are certainly pseudonymous, but all transactions are public. Each BTC is attached to the transaction history. It is possible to return to the first block in which BTC was created.
(Currently, each block is created 3,125 BTC (every ten minutes) as a reward for minors who bring energy to secure network)
In other words, it is sufficient to combine the transaction with identity to recognize all the history of future and future transactions. And unfortunately, the fact is that the acquisition of bitcoins requires to go through the exchange platforms that commit themselves to detect its identity.
At least, these platforms are a potential defect. Even your supplier of e -mail addresses! Coinbase, revolut, to name them only, do not hesitate to send e -Maly containing addresses used to remove its BTC.
Not to mention the data leak after hack … Imagine that data leak shows that you have removed several bitcoins on your personal wallet! The recent matter of the kidnapping of the co -founder of the book must remind us that the privacy can be a matter of life or death.
In short, bitcoin transactions that are public, the recipient of the transaction can consult the entire history of transactions of the transaction and vice versa. Any private life is not lost, thanks to mixers (coinjoin).
Bitcoin coinjoin, specific
To put it simply, Conjuin is a mega transaction combining many tens transactions, even hundreds of people. This transaction will say that cards will re -establish transactions of the same amounts at the output.
Imagine that the helicopter that chases the car suddenly exceeds in the tunnel. And that 100 identical cars stand out on the other side of the tunnel. Which follows?
This is the principle of the corner. The aim is to interrupt the connection between transactions and create “credible deniabibility”, as they say Anglo -Saxon.
The handover of the bitcoins to the corner of the corner after removing them from the exchange platform allows you to blur the tracks. The platform no longer knows what address your BTC is at. In the case of leaks of your data, the criminal no longer knows if you always hold the BTC withdrawn from the platform.
Unfortunately, the main wallets offering the possibility of Coinjoin (safe, Wasabi) closed their doors because of US legal management against Samurai developers. However, many options remain online, especially Connowmarket.
Here are a number of articles that understand the corner mechanics. This is a very good way to learn more about the functioning of bitcoins:
—Bitcoin-should you not reuse your addresses?
-Bitcoin coinjoin -How it works?
-How does chain analyzes watch your bitcoins?
–Utxo and privacy
Privacy is part of human rights. Hopefully, a more pragmatic approach to the new US government will soon be exported to the old continent. And that the CBDC project, which has Christine Lagarde, will end in oblivion.
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Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.