Decentralized Tumbler - JoinMarket

Some very clever individual has recently released a decentralized tumbler for obscuring your transaction paths called JoinMarket. Details can be found in this post: http://www.reddit.com/r/joinmarket/comments/358dlv/joinmarket_released_on_mainnet/ and on /r/joinmarket

Worth taking a look for those looking to avoid trusting (expensive) third party tumblers.


Comments


[3 Points] krokodiltear:

This sounds promising; you should spend time actually writing out a detailed post explaining what this service does. Trying to win us over on throwaway accounts with bad grammar doesn't exactly inspire confidence:

https://www.reddit.com/r/DarkNetMarkets/comments/35l6mc/cryptocurrency_a_cheaper_trustless_way_to_thumble/

Do you not want your butttcoin users to know about us or something? Your original post on /r/bitcoin is 100x less sketchy than the ones you've be posting here:

https://www.reddit.com/r/Bitcoin/comments/2zc5tc/joinmarket_increase_the_privacy_of_bitcoin_and/


[2 Points] RosyPalm:

I'm going to go out on a limb here and say the fact you can find out the full name of the person behind this scheme instantly is a bad sign for a tumbling/mixing service.


[2 Points] joinfish:

It achieves 2 things that an operator of a mixer service can not:
* breaks the ties between input address & output addresses
* provides the security of your private keys & coins

Code & details here: https://github.com/chris-belcher/joinmarket/wiki
Live orderbook for display only (per today's numbers you can mix 50+ BTC in a single shot): http://joinmarket.io/


[1 Points] None:

[removed]


[0 Points] Vendor_BBMC:

I certainly don't trust it. There ARE 3rd parties involved.

You could always explain how it works here, and tell me why I'm wrong. Excuse me if I don't hold my breath.


[0 Points] Vendor_BBMC:

Somebody should create a tumbler wallet app, which creates a load of wallets to slice and dice your bitcoin through. Just like a 3rd-party tumbler EXCEPT YOU OWN ALL THE WALLETS.