Essentially yes, they unlink any name you had associated to those btc
Discussion
So if I have a kyc stack, I can whirl pool it a little at a time into a new wallet? Wouldn't someone be able to follow the utxo?
You could, someone wouldn’t really know because you’ll have maybe 10 other collaborators that’ll scramble the utxo with you
Btc sessions has a good video on whirlpooling to cold storage using sparrow wallet 🤙
I agree on this on, he makes it super easy to do and understand
I need to install whirlpool still. I have sparrow already.
Whirlpool is integrated into Sparrow by default I think. I've been using this set up to automatically mix to cold storage for a while now and it works pretty well.
Just as a warning though it requires a lot of patience if you have a bunch of post mix UTXOs and you want a few rounds of mixing.
What do you mean with unlink?
If you by BTC through a kyc exchange your name is forever associated with that amount, but coinjoin can “unlink” your name and make it anonymous
If that is the way it works then that is what I wanted. I want the utxo's to be not linked to my original purchase utxo.