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
Fair Mints: The Mexican Standoff
Altcoins have often painted themselves with a coat of decentralisation, claiming to democratise finance. It’s a “free market bro”. Anyone can create their own currency
The Benefits Of Runes
Let me make this clear: I am an ordinal disrespector. I run Knots on my node, and I am proud of that; yes, Maxi brain
Crypto Degens Decide To Run BTC Nodes
The Bitcoin world is abuzz with the upcoming halving, which, if previous cycles are to be believed, will kick off the next bull run as