CoinJoin is a typeface of anonymous affair that helps Bitcoin users continue their privacy while sending Bitcoin. CoinJoin is a multiparty "Bitcoin mixing" annals at the uninterruptedly of which it is unclear who owns which coin.
Consider the following transactions мейд at the identical metre: A purchases an component from B, C purchases an item from D, and E purchases an memo from F. Without CoinJoin, the popular blockchain ledger would log three sort out transactions by reason of each input-output match.
With CoinJoin, only
bitcoin mixer a specific singular action is recorded. The ledger would lead that Bitcoins were paid from A, C, and E addresses to B, D, and F. By masking the deals мейд past all parties, an viewer cannot with roundish definiteness terminate who sent Bitcoins to whom.
While some believe that CoinJoin is a unfamiliar technology, this is not valid. CoinJoin is completely an advancement on already existing technology – Bitcoin. And Bitcoin mixers invoke occasion CoinJoin technology to users.