The bitcoin mixer no.talk has officially commenced operations, allowing users to defer payouts for up to 12 hours and split them across a maximum of five addresses. These features are designed to obscure the transaction trail from external observers, as reported by representatives of ForkLog.

Operating under the motto "we won't tell anyone anything," no.talk has not disclosed specific details of its mechanism but provided an overview of its operations:

"We utilize a modified CoinJoin algorithm with our own fund distribution scheme. Users receive coins that are completely unrelated to their sent amounts: their bitcoins are assigned to other clients, and they receive funds from exchanges," a representative from no.talk explained.

Analysts attempt to match the mixer’s input and output using indirect indicators such as timing, amount, and fees. The service conceals all three:

  1. Timing. Payouts can be received immediately or postponed for 3, 6, or 12 hours. The longer the wait, the more challenging it becomes to pair the incoming transaction.
  2. Amount. Funds can be distributed evenly or in specified proportions among 1 to 5 addresses. If multiple addresses are used, no incoming amount will match the sent sum.
  3. Fees. The fee varies randomly between 3% and 4%. According to the team, this randomness prevents any patterns that could reveal the deposit size.

Fees, Limits, and Payout Times

  • Fees — 3% to 4% plus 0.0007 BTC. For more than two addresses, the fixed fee is charged to each;
  • Limits — from 0.003 BTC to 100 BTC;
  • Payout time — up to three hours after the third confirmation of the incoming transaction, unless a delay is selected;
  • Languages — available in Russian, English, and Chinese.

For example, if a user sends 1 BTC and divides the amount equally among three addresses, the percentage fee would range from 0.03 to 0.04 BTC, with a fixed fee of 0.0021 BTC (0.0007 BTC × 3). Therefore, the user would receive between 0.9579 and 0.9679 BTC, approximately 0.32 BTC per wallet.

Upon creating a transaction request, users receive a security certificate with a digital signature from no.talk. In case of disputes, this certificate can be submitted to support, which operates via Telegram.

Additionally, it is worth noting that on September 24, the Delving Bitcoin forum published a description of Shielded Bitcoin, a meta-protocol for private transactions on the first layer of Bitcoin, which does not require soft forks, operators, or bridges.

Follow ForkLog on social media:

Telegram (main channel) Facebook X