On Bitcoin Anonymity: Why Mixing Helps — and Why It Often Doesn’t
Whoa, this is messy. Privacy in Bitcoin keeps getting more complicated with every new heuristic. Researchers refine chain analysis and exchanges change policies in ways that matter. At first glance many people think «mixing equals anonymity» and feel relieved. But although mixers and CoinJoin-style tools raise the cost of tracing, adversaries adapt quickly and…