CoinJoin
Home » Bitcoin Culture » BTC Glossary » CoinJoin

CoinJoin is a layer built on Bitcoin’s blockchain with the aim of introducing more privacy to transactions.
The process requires finding different Bitcoin users who want to mix their sats and create a joint transaction. With this transaction, the users send their respective Bitcoin to an address in identical amounts and then receive the same amount of Bitcoin they sent back (minus mining fees).
The transaction then sends the Bitcoin back to these users in identical amounts, which would make it impossible to differentiate each user based on the CoinJoin transactions.
For a more detailed explanation of how CoinJoins work, you can read the article by Che here.
Latest Articles

What Are Liquidity Pools On Rootstock?
The decentralised finance (DeFi) space has primarily remained in the hands of altcoin chains, promoters claim to have brought innovative financial instruments to the broader

The Stablecoin Lifeline
Why Altchains Will Survive Despite Native Token Devaluation The altcoin landscape has changed compared to previous cycles, despite many a bag holder still clinging onto

What Are Bitcoin Prediction Markets?
We’ve all sat around the dinner table with friends and family before, predicting everything from sporting events and political outcomes to movie box office performances,