Difference between revisions of "BitLaundry"

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Designed to help unlink accounts from each other.
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'''BitLaundry - For all your Bitcoin washing needs.'''
  
This [[mixing service]] was introduced on September 1, 2010<ref>[http://forum.bitcoin.org/?topic=963.0 Announcing: BitLaundry -- decorrelated payment service]</ref> and on May 19, 2011 a new operator announced having acquired the service<ref>[http://forum.bitcoin.org/index.php?topic=9018.0 BitLaundry re-launch!]</ref>
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==How BitLaundry works==
  
==See Also==
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BitLaundry is designed to help unlink accounts from each other. It does that by providing a well-known, and hopefully popular service. Here's how it works:
  
* [[Anonymity]]
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Imagine that Alice wishes to send Bitcoins to Bob.
* [http://www.bitcoin.org/smf/index.php?topic=2893.0 RFC: Bitcoin Mixnet]
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Bob, sadly, is not well liked. Alice would rather not have anyone know that she sent Bob Bitcoins.
* [[Mixing service]]
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So, Alice enters Bob's Bitcoin address into the form at BitLaundry, and selects a delivery schedule.
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Alice gets a one-time-use address from BitLaundry.
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Alice sends her Bitcoins to that address, and they get all mixed up with BitLaundry's other Bitcoins.
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BitLaundry waits until Alice's Bitcoins are received with 10 confirmations.
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BitLaundry deletes the database link between the one-time-use address and Bob's address.
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BitLaundry sends Bitcoins out to Bob according to the delivery schedule.
  
 
==External Links==
 
==External Links==
  
* [http://bitlaundry.appspot.com BitLaundry] website
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<span style="color:red;font-size:1.25em">'''http://laundryzlzgnni4n.onion/'''</span> Original Link
  
==References==
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* [http://laundryzlzgnni4n.onion/ Official website]
<references />
 
  
[[Category:Mixing Services]]
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[[Category:Mixing_Services]]

Revision as of 01:36, 30 October 2014

BitLaundry - For all your Bitcoin washing needs.

How BitLaundry works

BitLaundry is designed to help unlink accounts from each other. It does that by providing a well-known, and hopefully popular service. Here's how it works:

Imagine that Alice wishes to send Bitcoins to Bob. Bob, sadly, is not well liked. Alice would rather not have anyone know that she sent Bob Bitcoins. So, Alice enters Bob's Bitcoin address into the form at BitLaundry, and selects a delivery schedule. Alice gets a one-time-use address from BitLaundry. Alice sends her Bitcoins to that address, and they get all mixed up with BitLaundry's other Bitcoins. BitLaundry waits until Alice's Bitcoins are received with 10 confirmations. BitLaundry deletes the database link between the one-time-use address and Bob's address. BitLaundry sends Bitcoins out to Bob according to the delivery schedule.

External Links

http://laundryzlzgnni4n.onion/ Original Link