Bitcoin, even though decentralized isn’t as anonymous as it initially was perceived to be, or even if it is; it’s not the kind of anonymity that people were hoping to get from it. That’s a problem that this Blender io review aims to solve. Basically, Bitcoin doesn’t need your name, E-mail address or any other identity to function, true. But, every single of its transactions are recorded on a public ledger, which can be viewed and verified by just about anyone on the planet.
Before we proceed further, here are the factors we took into account prior to scribbling this Blender.io review down:
The user-interface: The ease or hardship of using the Bitcoin mixer.
Logs Policy: We check if the mixer stores logs.
Time Delays: The variation of delays possible between the input and the output.
Number of Additional Addresses: The number of output addresses the mixer allows for every single mix.
Fee: Price matters, doesn’t it?
Amount of User Control: How many variables can the user control from his/her end.
Minimum Deposits/ Maximum Withdrawals: These have to be affordable for any mixer to be acceptable.
Other Advanced Features: Mixing Code, Letter of Guarantee etc. are some of the other features we’ll look for.
The user-interface with Blender.io is extremely simple and easy to use. The options are easily recognizable and understandable, and the process is broken down into multiple steps.
As you can see in the above screenshot, every box/option has a “?” sign next to it. Hovering over it will explain what the option does in case it isn’t already clear. The interface is such that, if you’re an extremely basic user you don’t have to touch or change anything else except entering a “receiver’s address”. Simply do that, the mixer will set the other options (time-delays, fee etc). to their default values and your coins will be mixed. Adding new addresses is as simple as clicking on the “Add Address” button, changing the fee or setting the delays too isn’t any harder. Basically the interface is self-explanatory, everything that you need to do comes automatically to you regardless of your expertise or experience in the field.
Blender.io charges a transaction fee that starts at 0.5% and can go up to 2.5%. However, the client can choose the exact fee amount they wish to pay within this range. In addition to the standard 0.5% fee, you can opt for higher fees of 0.683%, 1.028%, 1.366%, 1.686%, or 2.02%.
Customizing the fee amount can also add anonymity to your transactions. If you frequently use the service, consistently paying the same fee for each transaction to your “clean” wallet may draw attention. There is an additional fee of 0.0005BTC for each extra address you send the mixed coins to.
Letter of Guarantee
Not all mixers offer a PGP-signed letter, but Blender.io does. This letter, which you can download from the deposit page (where the fund deposit address is displayed), serves as a signed bond from the platform. It confirms that the displayed address belongs to the mixer and that they will send you your mixed coins. In the event that they do not fulfill this promise, you can use the letter to hold them accountable, potentially even in a legal setting.
Tornado Cash is a decentralized privacy solution for Ethereum transactions. It allows users to mix their ETH and ERC-20 tokens with other users' funds to break the link between the sender and receiver of a transaction. This makes it difficult for anyone to trace the source or destination of the funds.
Tornado Cash uses zero-knowledge proofs to ensure that the mixer cannot steal or tamper with the funds being mixed. It is a popular choice for users who value their privacy and want to protect their identity and financial transactions on the Ethereum blockchain.
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