Tumblers
1 min read
Pronunciation
[tuhm-buh-lerz]
Analogy
Think of tumblers like stirring ingredients in a pot so no one can tell which spoon served which ingredient.
Definition
Services or protocols that mix cryptocurrency by pooling and redistributing funds to obscure transaction origins and enhance privacy.
Key Points Intro
Tumblers enhance privacy by blending transactions among multiple users.
Key Points
Mixing pool: aggregates funds from many users
Anonymity set: larger pools increase unlinkability
Centralized vs. decentralized: trade-offs between trust and reliability
Fees: charge a percentage for mixing service
Example
Technical Deep Dive
Security Warning
Centralized tumblers can steal funds or maintain logs compromising privacy.
Caveat
Privacy guarantees degrade with low participation or network congestion.
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