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Bitcoin Mixers: How Do They Work and Why Are They Used? twitter.com/DrakeBeuyet Bitcoin Bitcoin Mixers: How Do They Work and Why Are They Used? Bitcoin offers pseudonymity to users by design. But in order to be completely anonymous, you’ll need to use tools like bitcoin mixers. Centralized vs. decentralized mixers There are two main types of bitcoin mixers: Centralized mixers: like Blender.io. Decentralized mixers: such as Wasabi and JoinMarket. Centralized mixers are companies that will accept your bitcoin and send back different bitcoins for a fee. While they offer an easy solution for tumbling bitcoin, they also still present a privacy challenge, as while the links between “incoming” and “outgoing” bitcoin will not be public, the mixer itself will still have a record that connects the transactions. Meaning that in the future the company could give up those records and reveal a users' connection to the coins. Decentralized mixers employ protocols such as CoinJoin to fully obscure transactions via either a coordinated or peer-to-peer method. Basically, the protocol allows a large group of users to join together an amount of bitcoin (i.e. 100 people want to mix 1 bitcoin each) and then redistribute it so everyone gets 1 bitcoin back, but no one can tell who got what or where it came from. Problems with using mixers Mixers are not without their flaws. It’s unlikely that someone else in the mixer sent the exact amount of bitcoin as you, minus the tumbler’s fee. If a law enforcement agency knows the address used by its first suspect, and if the second suspect is the only one to have received a little less of a specific amount, it’s not going to be too hard to reconnect the flow of money. This problem becomes harder to solve the more people use the mixer. Some exchanges don’t allow mixed bitcoin to enter or leave exchanges. Since exchanges can identify mixers, they label mixed bitcoin ‘tainted." Binance, for instance, has blocked withdrawals to Wasabi, a privacy-preserving bitcoin wallet that integrates a popular mixing service called CoinJoin. Other popular bitcoin mixers include Samourai and JoinMarket. It’s important to note that not all mixing services are legitimate, and some are far less effective at obscuring financial transactions than others. Be sure to do your research before using a mixer. Are bitcoin mixers illegal? The ability to obfuscate bitcoin transactions makes mixers an obvious hotbed for money laundering, attracting the likes of tax dodgers and criminals interested in hiding the proceeds of illegal activity. The question of whether using these services is illegal depends on which jurisdiction you are based in. In February 2021, then-U.S. Deputy Assistant Attorney General Brian Benczkowski said that using mixers to hide crypto transactions “is a crime.” Two months later, U.S. authorities arrested Roman Sterlingov, aka the Russian-Swedish founder of bitcoin tumbling service “Bitcoin Fog,” for helping people launder $335 million. In August 2021, Larry Harmon, the owner of a bitcoin mixer called Helix, pleaded guilty to helping darknet market criminals launder around $300 million. New anti-money laundering rules, like the Financial Action Task Force’s “travel rule” and the European Union’s AMLD-5 directive, will make laundering money tougher, and could make bitcoin tumblers less viable for people who want to join in the wider crypto economy – the sort that relies on popular exchanges accepting your coins. youtu.be/a9b1xz-5lFw

Bitcoin Mixers: How Do They Work and Why Are They Used? twitter.com/DrakeBeuyet Bitcoin Bitcoin Mixers: How Do They Work and Why Are They Used? Bitcoin offers pseudonymity to users by design. But in order to be completely anonymous, you’ll need to use tools like bitcoin mixers. Centralized vs. decentralized mixers There are two main types of bitcoin mixers: Centralized mixers: like Blender.io. Decentralized mixers: such as Wasabi and JoinMarket. Centralized mixers are companies that will accept your bitcoin and send back different bitcoins for a fee. While they offer an easy solution for tumbling bitcoin, they also still present a privacy challenge, as while the links between “incoming” and “outgoing” bitcoin will not be public, the mixer itself will still have a record that connects the transactions. Meaning that in the future the company could give up those records and reveal a users' connection to the coins. Decentralized mixers employ protocols such as CoinJoin to fully obscure transactions via either a coordinated or peer-to-peer method. Basically, the protocol allows a large group of users to join together an amount of bitcoin (i.e. 100 people want to mix 1 bitcoin each) and then redistribute it so everyone gets 1 bitcoin back, but no one can tell who got what or where it came from. Problems with using mixers Mixers are not without their flaws. It’s unlikely that someone else in the mixer sent the exact amount of bitcoin as you, minus the tumbler’s fee. If a law enforcement agency knows the address used by its first suspect, and if the second suspect is the only one to have received a little less of a specific amount, it’s not going to be too hard to reconnect the flow of money. This problem becomes harder to solve the more people use the mixer. Some exchanges don’t allow mixed bitcoin to enter or leave exchanges. Since exchanges can identify mixers, they label mixed bitcoin ‘tainted." Binance, for instance, has blocked withdrawals to Wasabi, a privacy-preserving bitcoin wallet that integrates a popular mixing service called CoinJoin. Other popular bitcoin mixers include Samourai and JoinMarket. It’s important to note that not all mixing services are legitimate, and some are far less effective at obscuring financial transactions than others. Be sure to do your research before using a mixer. Are bitcoin mixers illegal? The ability to obfuscate bitcoin transactions makes mixers an obvious hotbed for money laundering, attracting the likes of tax dodgers and criminals interested in hiding the proceeds of illegal activity. The question of whether using these services is illegal depends on which jurisdiction you are based in. In February 2021, then-U.S. Deputy Assistant Attorney General Brian Benczkowski said that using mixers to hide crypto transactions “is a crime.” Two months later, U.S. authorities arrested Roman Sterlingov, aka the Russian-Swedish founder of bitcoin tumbling service “Bitcoin Fog,” for helping people launder $335 million. In August 2021, Larry Harmon, the owner of a bitcoin mixer called Helix, pleaded guilty to helping darknet market criminals launder around $300 million. New anti-money laundering rules, like the Financial Action Task Force’s “travel rule” and the European Union’s AMLD-5 directive, will make laundering money tougher, and could make bitcoin tumblers less viable for people who want to join in the wider crypto economy – the sort that relies on popular exchanges accepting your coins.

VentureBeat recently ran into criticism when an outcry of marketing automation companies claimed a blogpost biasedly favored the Marketing Automation Company Marketo. In response, Dylan Tweney, VentureBeat’s Executive Editor, published What the !A#$ is marketing automation? - in response to a clear indication that not enough people knew exactly what Marketing Automation was…..So we’ve taken the liberty to approach the subject of distributed marketing with the same passionate question…….

 

Distributed Marketing versus Marketing Automation versus Marketing Resource Management (MRM)….. What the !A#$ is the difference? And who isn’t confused? Over the past few months, we’ve had many conversations about what it is exactly that SproutLoud does. As we continue to pioneer a very young industry, we sometimes suffer from identity crisis given all of the new terms and technologies that are coming to bear.

 

So what’s the answer? In short, centralized vs. decentralized marketing initiatives. Within both the broader MRM and Marketing Automation space, companies that use and deploy these technologies are managing centralized marketing initiatives aimed at managing the marketing chain within their companies. MRM companies such as Unica and Aprimo have been built to give large-enterprises internal controls to manage marketing operations and workflows. In these cases, the marketing decisions are centralized to the organization – there is no other third-party on which those decisions rely.

 

Marketing Automation technologies usually require a CRM system to sit on-top of, and involve scoring and segmenting these databases to make sure the contacts in that system move through a customer service and/or sales funnel adequately (and automated of course).

 

I recently read a report that defined the Marketing Resource Management landscape as an extremely broad ecosystem including software with feature-sets that are more distributed marketing in nature. Big enterprise marketing platforms were being compared to systems that service decentralized organizations. That’s a big difference!

 

Which leads me to……you guessed it – distributed marketing. Unlike the other two categories, distributed marketing specifically addresses the needs of decentralized marketing organizations. These systems (and companies providing services behind these systems) engage local sales and distribution channels through an easy-to-use online marketing portal to manage and deploy marketing materials and programs locally. Brand compliance, improved speed to market, and increased transparency into local marketing activities are all benefits that result from a proper strategy.

 

Distributed Marketing Organizations need their brand, products and services to be represented consistently across multiple marketing media at the local level, and especially when marketing decisions are decentralized and deferred to the businesses and people marketing locally.

 

Moreover, marketing automation can also exist within these systems, especially if CRM-related tools are given to the field to manage their own contact and leads funnel. But because the centralized marketing objectives of the brand need to be balanced with the decentralized initiatives, the level of marketing automation of the field marketers is usually controlled at the corporate level.

 

We hope this clears up some of the confusion.

 

bit.ly/oyX33w - Distributed Marketing - blog.sproutloud.com - SproutLoud.com

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Check out here >> rcrk.in/tx4nh

Nowadays many organizations are re-evaluating their approach to organizational design. Before your organization considers embarking on decentralization, consider running this workshop with the senior management group.

 

allavolodinayork.wordpress.com/2022/12/30/organizational-...

Explore the future of identity management! Centralized vs. Decentralized - what's best for your digital life?

identityherald.com/understanding-centralized-identity/

#DigitalIdentity #DecentralizedID #Blockchain #PrivacyMatters #FutureTech #OnlineSecurity

 

I’d been in the freelance/agency world long enough to know crypto wasn’t just a buzzword — it was real money. More and more clients preferred it, and frankly, I didn’t mind. But what I didn’t have was a smooth, reliable off-ramp — a way to turn that crypto into cash without stress, delays, or bank interference.

 

So I started digging. Reddit threads, Twitter rants, Telegram groups. And somewhere along the way, I stumbled upon this article from Inqud:

inqud.com/blog/exploring-the-best-off-ramp-platforms-for-... - Exploring the Best Off-Ramp Platforms for Secure Crypto Cashouts

 

It didn’t just list platforms like some SEO farm — it actually broke down the real risks and differences between centralized vs decentralized services, what “secure cashouts” really mean, and even highlighted how KYC policies can either protect or frustrate users.

 

What stuck with me the most was how Inqud offered their own off-ramp solutions built into a broader crypto payment system — so it wasn’t just about cashing out, but about building a system that works for real businesses.