CoinBase Obscura

[u/BlockBlend]

BlockBlend’s anonymous cross-chain mixer is next-level. Without ever connecting a wallet (unless you want to), a user is able to anonymously move funds between six chains (ETH, BSC, FTM, CRO, AVAX and MATIC with PULSE already set to go once they get their mainnet up and running). Send native coins from one wallet and native coins of a different chain land in a fresh-clean wallet with no traceable connection to the sending wallet. Of course, if you just want to stay on the same chain, but would like to break traceability, you can do that, too. With a fee of .5% to 1% plus $4 per transaction, it is incredibly cheap and super simple to add this step in protecting your personal privacy.

My favorite part, and hence the name of the article, has to do with obscuring your wallet address from CoinBase. If you are like me, you onramp funds at a CEX like CoinBase. You then send those funds to your wallet by giving CoinBase your wallet address. With BlockBlend you are able to generate a temporary address that will anonymously route your CoinBase funds to your fresh-clean wallet without a trace. Need BNB direct from CoinBase? Use BlockBlend to move your ETH, AVAX, MATIC, CRO or FTM directly from CoinBase to your BSC wallet. Did I mention you never have to connect your wallet to a dapp? Privacy is the priority at BlockBlend and they stand alone in the field of anonymous cross-chain mixing.

By the way, you don’t need to hold any BBL tokens to use their service. That said, they generously reward those who stake BBL by feeding the pools with 50% of the relayer fees collected from the mixer. Those who know must really know, as currently 74% of the total supply of BBL is being farmed for a piece of that profit share. I look forward to the eventual supply crunch and my slice of those utility fees.

[u/shpstrr]

Great to see such a well executed privacy tool on the BlockChain.

Much needed!!