CoinJoin is a typeface of anonymous transaction that helps Bitcoin users continue their monasticism while sending Bitcoin. CoinJoin is a multiparty "Bitcoin mixing" annals at the uninterruptedly of which it is unclear who owns which coin.
Consider the following transactions made at the verbatim at the same time time: A purchases an component from B, C purchases an ingredient from D, and E purchases an piece from F. Without CoinJoin, the public blockchain ledger would put three break to pieces transactions for each input-output match.
With CoinJoin, at most
bitcoin mixer a specific single transaction is recorded. The ledger would lead that Bitcoins were paid from A, C, and E addresses to B, D, and F. Away masking the deals мейд on all parties, an spectator cannot with full confidence terminate who sent Bitcoins to whom.
While some have faith that CoinJoin is a modish technology, this is not valid. CoinJoin is simply an advancement on already existing technology – Bitcoin. And Bitcoin mixers bring CoinJoin technology to users.