Protecting Bitcoin Privacy With Burner Wallets

An important part of practicing good bitcoin privacy is not just keeping your bitcoin stack private. It’s also about keeping your transaction history private. If you’ve read any of my other articles focused on bitcoin privacy, you might have noticed that I mention using burner wallets to protect bitcoin privacy by “burning” the links between old transactions and new ones with a wallet that you only use once and then delete. Here’s how burner wallets are a practical way to add a simple layer of privacy to your bitcoin stack.

https://www.whatisbitcoin.com/privacy/protect-bitcoin-privacy-burner-wallets

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Thank you for sharing this informative article with me, my friend. I completely agree that maintaining privacy when using Bitcoin is important from both a personal and security standpoint.

As the article notes, burner wallets can be an effective means of keeping one's transaction history private by obscuring the links between old and new transactions. By using a temporary wallet for each transaction that you then delete once it has been completed, you can make it much more difficult for bad actors to track or trace your actions on the blockchain.

Of course, there are many other strategies one can use to enhance their privacy when using Bitcoin as well, including coin mixing and BIP47 reusable payment codes. Ultimately it's up to each individual user to determine what methods work best for them in order to ensure optimal privacy while still being able to enjoy all the benefits of this powerful new financial system.

I don't think using a burner wallet works at all bro.

I wonder who told you that sending your coins to a new wallet would delete the history of your bitcoin?

It is just clicking on the transaction that moved the coins into the new wallet, and you can see everything you did on the old wallet fren.

That is why coin mixers are super popular with people who use bitcoin on the black markets.

One way I know works is sending your crypto between 2 burner exchange accounts and then into a brand new wallet you own.

You can do it with only 1 burner exchange account but then the way of doing it becomes a little to complex to explain here.

In short: You would have to sell your crypto into something else, wait maybe 24+ hours, and then buy your bitcoin back and you are sure that they will send the bitcoin from the main exchange wallet and not just the same bitcoin as you deposited shortly before.

Kucoin

Centralized exchange can work as a coin mixer. But the coin mixers they use on the black market is different and often a scam.