BSCMIXER.COM

A fully decentralized protocol for private transactions on Binance Chain.

Valorster
2 min readMay 18, 2021

CROSSCHAIN MIXING
Arriving on BSC with BSCMIXER, you can send cryptocurrency or tokens anonymously via
a non-custodial technology, that is based on strong cryptography.

Deposit

A user generates a random key (note) and deposits BNB or an ERC20, along with submitting a hash of the note to the BSCMIXER smart contract.

Wait

After depositing, users should wait some amount of time before withdrawing to improve their privacy.

Withdraw

A user submits a proof of having the valid key to one of the notes deposited and the contract transfers BNB or the ERC20 to a specified recipient.

How BSCMIXER achieves privacy

BSCMIXER improves transaction privacy by breaking the on-chain link between source and destination addresses. It uses a smart contract that accepts BNB deposits that can be withdrawn by a different address. To preserve privacy a relayer can be used to withdraw to an address with no BNB balance. Whenever BNB is withdrawn by the new address, there is no way to link the withdrawal to the deposit, ensuring complete privacy.

Status of BSCMIXER decentralization

BSCMIXER protocol is fully decentralized and owned by the community: BSCMIXER initial developers have no control over it and are not running any servers

Governance

BSCMIXER is completely decentralized, controlled and governed by its community. By acquiring BSCM tokens, you can participate by voting on governance proposals and weighing in on the evolution of the protocol.

Compliance

Maintaining financial privacy is essential to preserving our freedoms. BSCMIXER has built-in tools for proving your transaction history and selectively disclosing Tornado deposits.

Initiation

BSCMIXER Governance protocol was deployed by community in a decentralized way. It’s only possible using CREATE2 opcode and EIP-2470 deployer.

Trusted Setup Ceremony

Trusted setup ceremony for zkSNARKs has 1114 contributions, as long as at least 1 contribution is honest, the zkSNARK keys are secure.

ROADMAP

Social media

Website : bscmixer.com

Twitter : https://www.twitter.com/bscmixer

Telegram : t.me/bscmixer

Whitepaper: https://bscmixer.com/whitepaper.pdf

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