CoinJoin is a quintessence of anonymous doings that helps Bitcoin users continue their solitude while sending Bitcoin. CoinJoin is a multiparty “Bitcoin mixing” arrangement at the end of which it is unclear who owns which coin.
Consider the following transactions мейд at the in spite of things: A purchases an mention from B, C purchases an ingredient from D, and E purchases an piece from F. Without CoinJoin, the public blockchain ledger would log three sort out transactions for each input-output match.
With CoinJoin, only [url=https://bitcoin-mixer.reviews]bitcoin mixer[/url] lone single transaction is recorded. The ledger would lead that Bitcoins were paid from A, C, and E addresses to B, D, and F. On masking the deals made by all parties, an spectator cannot with jam-packed certainty terminate who sent Bitcoins to whom.
While some have faith that CoinJoin is a unfamiliar technology, this is not valid. CoinJoin is completely an advancement on already existing technology – Bitcoin. And Bitcoin mixers bring CoinJoin technology to users.