WEBVTT 00:01.700 --> 00:02.210 Okay. 00:02.210 --> 00:08.870 So now that we understand what mixers are and why we might want to use them in this lecture, I want 00:08.870 --> 00:16.070 to show you how to actually use one to break the connection between transactions and use Bitcoin in 00:16.070 --> 00:17.810 a more anonymous manner. 00:18.140 --> 00:24.230 I'm going to use a mixer called Mixed Thumb in this example, but using these mixers is pretty much 00:24.230 --> 00:24.920 the same. 00:24.920 --> 00:31.460 So by the end of this lecture, you should be able to apply this knowledge to use any mixer you want. 00:32.240 --> 00:35.960 So we're going to click on Mix My Coins to start mixing. 00:36.710 --> 00:42.530 And as you can see right now, it's asking us for the address that will receive the payments. 00:42.530 --> 00:46.550 So this is the address of the second wallet of this wallet right here. 00:47.090 --> 00:52.550 And this is an extra option that we have here in mixed term where we can actually add another address. 00:52.550 --> 00:55.700 So we receive the coins in two different addresses. 00:55.700 --> 00:58.400 Again, making it even more difficult to track. 00:58.400 --> 01:00.350 But I'm just going to use one address. 01:00.350 --> 01:02.800 So I'm sending coins to this wallet. 01:02.810 --> 01:04.820 As you can see, the balance is zero. 01:04.820 --> 01:11.390 And in order to receive coins in here, as shown before we go to the receive tab and we come up with 01:11.390 --> 01:12.410 the address here. 01:13.650 --> 01:16.620 I'm going to paste it and send. 01:19.250 --> 01:24.360 As you can see right now, it's telling us that we should send the money to this address. 01:24.380 --> 01:27.090 Now, this is the address of mixed. 01:27.470 --> 01:29.020 The address of the mixer. 01:29.030 --> 01:33.590 So what we're doing right here, this is the address of this right here. 01:33.590 --> 01:40.220 And what we're going to do is we're going to transfer money from our first wallet to the mixer. 01:40.220 --> 01:47.150 And then the mixer will do its magic, mixing our coins and finally forward the coins to the address 01:47.150 --> 01:51.170 that we already gave it, the address of the first wallet. 01:51.890 --> 01:54.830 So what I need to do right now is copy this. 01:55.820 --> 02:00.230 And go to the wallet that I want to send money from, which is this wallet right here. 02:00.260 --> 02:03.830 As you can see, the balance is to micro bitcoins. 02:04.310 --> 02:05.920 We're going to go on send. 02:06.110 --> 02:10.010 We're going to set the pay to address to the address of the mixer. 02:10.640 --> 02:11.930 You can set a description. 02:11.930 --> 02:13.200 It doesn't really matter. 02:13.220 --> 02:18.110 I'm going to send the maximum possible amount and I'm going to keep the fee the same. 02:18.560 --> 02:22.990 Now, you want to keep in mind you send more than the minimum allowed amount. 02:23.000 --> 02:29.390 So if we go up to our mixer, you can see the minimum allowed amount is 0.001 Bitcoin. 02:29.390 --> 02:36.760 So multiply that by 1000 and that means one micro bitcoin is the minimum amount that you can mix. 02:36.770 --> 02:41.480 If you send less than that, it will either be lost or considered as a donation. 02:42.330 --> 02:45.780 The minimum amount differs depending on the mixture you're using. 02:45.780 --> 02:51.420 So whenever you're using a mixer, make sure you're always sending more than the minimum amount. 02:52.740 --> 02:56.610 So now that we're happy with everything, I'm going to click on Send. 02:56.970 --> 02:59.040 It's going to ask me for the password. 03:01.020 --> 03:03.170 And the payment is sent right now. 03:03.180 --> 03:09.540 So if we look at my history, you can see that the balance of this wallet is going to go down by minus 03:09.540 --> 03:11.240 two micro bitcoins. 03:11.250 --> 03:17.070 But if you look at the history here, we still don't see the unconfirmed transaction. 03:17.160 --> 03:23.700 Remember previously when we transferred money between two wallets, we immediately saw that the receiving 03:23.700 --> 03:30.870 wallet received an unconfirmed transaction and after a while this transaction became confirmed. 03:31.230 --> 03:36.930 Now we don't see it in this case because what we did right now, we didn't send money directly from 03:36.930 --> 03:38.730 this wallet to this one right here. 03:38.730 --> 03:42.210 We sent the money to the mixer right here. 03:42.210 --> 03:43.920 The mixer is going to do its magic. 03:43.920 --> 03:47.250 It's going to mix the bitcoins, make it harder to trace. 03:47.250 --> 03:55.170 And then and only then it will send it back to the receiving wallet, which is this one right here. 03:55.680 --> 04:01.290 Now, the time of mixing differs depending on the mixer and depending on how it works. 04:01.290 --> 04:07.530 With mixed thumb, it can take a maximum of 6 hours, so you want to be patient with it until you receive 04:07.530 --> 04:08.340 the amount. 04:08.760 --> 04:14.670 You might also receive the amount in smaller chunks, so you might not receive the whole amount in one 04:14.670 --> 04:15.540 transaction. 04:15.540 --> 04:20.700 So just be patient with it until you receive the full amount that you transferred. 04:20.700 --> 04:27.060 And keep in mind that there is a transfer fee and there is a fee taken by the mixer again, depending 04:27.060 --> 04:28.590 on the mixer itself. 04:30.850 --> 04:31.300 Okay. 04:31.300 --> 04:33.570 Now I'm back at my Tales Machine. 04:33.580 --> 04:36.940 Now, this is actually after about 20 hours. 04:36.940 --> 04:44.230 But if you look at the legacy wallet in here, you can see that we received our coins here from the 04:44.230 --> 04:44.830 tumbler. 04:44.830 --> 04:51.970 So first we received one micro bitcoin and then we received 0.7 micro bitcoin. 04:51.970 --> 04:56.230 So as you can see, it did not come as one full payment. 04:56.230 --> 05:02.320 Now I know I said I'm back after more than 20 hours, but if you look at the time of receiving this, 05:02.320 --> 05:08.560 it's only about 3 hours after the time when we sent the coins to the mixer. 05:08.890 --> 05:10.270 So it took about 3 hours. 05:10.270 --> 05:16.240 Like I said, it can take a maximum of 6 hours for mixed time, but at the time, very dependent on 05:16.240 --> 05:17.740 the mixture that you're using. 05:19.350 --> 05:24.600 So right now, the coins that we have in here and our John Wick wallet have been mixed and have been 05:24.600 --> 05:32.190 cleaned and will be harder to trace than normal coins because we broke the connection from the previous 05:32.190 --> 05:34.800 wallet that sent these coins. 05:35.430 --> 05:40.320 Like I said, this will make it harder to trace and make us more anonymous. 05:40.320 --> 05:44.950 But it's still not the best and the most ideal coin to use. 05:44.970 --> 05:48.420 If anonymity and privacy are very important. 05:49.170 --> 05:55.410 A better solution would be to use a coin that's designed from the ground up to be private and anonymous. 05:55.410 --> 05:58.590 And we'll talk more about that in the next lectures. 05:59.400 --> 06:06.180 I just wanted to cover this here because a lot of people and a lot of websites still use Bitcoin because 06:06.180 --> 06:11.220 Bitcoin is the most popular cryptocurrency, as we all know.