Gold\nRocket | Satoshi Club: <\/strong>Hello again Satoshi Club 😁<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Hello dear family. Welcome to our new AMA session\nwith our friends from Onion Mixer! @OnionMixer welcome to Satoshi Club! 😃<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Today our guest is @OnionMixer!<\/p>\n\n\n\n Onion Mixer:\n<\/strong>Hello everyone!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Hello and welcome to Satoshi Club. How are you\ndoing?<\/p>\n\n\n\n Onion\nMixer: <\/strong>Great!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>it’s very good😁 So! Let’s\nstart 🚀<\/p>\n\n\n\n Onion\nMixer: <\/strong>can’t wait<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Introduce yourself please. How did you get to\nbe involved in crypto & Onion Mixer?<\/p>\n\n\n\n Onion\nMixer: <\/strong>Hello everyone, me, an Onion! <\/p>\n\n\n\n You can think of me as a person or as a team, and we\u2019re made up of a\ngroup of geeks, experienced defi players and developers who admire and advocate\ntrue decentralized world and privacy protection in DEFI!<\/p>\n\n\n\n Our Onion members are mainly senior programmers from Funderclub, Personal\nCapital, Xapo, Blockai, Microsoft and other well-known blockchain enterprises.\nWe are a completely decentralized organization.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>What is the essence of Onion Mixer?<\/p>\n\n\n\n Onion\nMixer: <\/strong>Onion Mixer is the first decentralized protocol for anonymous cross-chain\ntransactions on BSC.<\/p>\n\n\n\n Onion Mixer adopts a coin mixing approach that combines CoinJoin and\nzero-knowledge proof.<\/p>\n\n\n\n It supports anonymous token transactions on both Ethereum and BSC. And by\nenabling liquidity mining, it also provides extra revenues for users.<\/p>\n\n\n\n The name \u201cOnion Mixer\u201d is to pay tribute to TOR (The Onion Router), the\norigin of cyber anonymity.<\/p>\n\n\n\n The word \u201cmixer\u201d vividly describes the working mechanism of Onion Mixer,\nthat is, to mix transactions in the contract so that the links between deposit\naddresses and withdrawal addresses are cut off.<\/p>\n\n\n\n In this way, Onion Mixer manages to deliver private transaction services\nfor users.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>How long does it take to develop a project?\nWhat plans do you have for the future? And what can we expect from Onion Mixer?<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Interesting point, do you have partnership with TOR\nnetwork?<\/p>\n\n\n\n Onion\nMixer: <\/strong>I want to explain this in simpler terms: the entire crypto world is\nactually recorded on chain, and we don\u2019t know each transaction comes from who. But\nthere are a lot of centralized institutions and organizations in the world,\nsuch as centralized exchanges, such as some DEFI software, or some agencies,\nthey will match our transactions with real people, trying to identify traders. Some\npeople are upset about this.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Yes you are right. This is the main point of\nblockchain😉<\/p>\n\n\n\n Onion\nMixer: <\/strong>Most big whales keep worrying about being monitored by the market, more\nand more exchanges are associating an address with a person, and even using big\ndata technology to track and analyze transfers from that address to see if that\nperson has the potential to do or done something bad<\/p>\n\n\n\n This will bring distress.The crypto world, which is supposed to be\ndecentralized and free, is being monitored by more organizations than ever\nbefore.<\/p>\n\n\n\n That\u2019s why we exist!<\/p>\n\n\n\n Onion Mixer is based on the idea of mixing in Coinjoin, and the privacy\nof mixing coins is enhanced through zero-knowledge proof.The Onion protocol\nsolves the problem of the lack of anonymity and privacy of crypto assets in the\ncurrent blockchain.<\/p>\n\n\n\n You may have heard of other mixed currency projects in the market, which\ncan be broadly divided into two categories \u2014 managed and unmanaged.<\/p>\n\n\n\n However, many managed coin-mixing services have all but disappeared after\nbeing fined or even arrested by the FBI and other agencies in the United States\nbecause their services are manipulated and help some bad economic activities.<\/p>\n\n\n\n But are coin-mixing services really just for illegal crimes?<\/p>\n\n\n\n Of course not.<\/p>\n\n\n\n According to our research, only 2.5% of mixing services from 2018 to 2021\nare related to illegal activities. Most people use coin mixing services for the\npurpose of protecting their privacy.<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Have you had legal problems? Or everything is ok?<\/p>\n\n\n\n Onion\nMixer: <\/strong>Of course not. Everything we do is in accordance with legal procedures\nand industry norms<\/p>\n\n\n\n We see a need for privacy protection in the industry right now, but most\nof the current privacy protection project are not well integrated with DEFI<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Also we would like to know about your team.\nWho is on the project team core? thank you very much for the clarification👍<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>That’s great info, well done😃<\/p>\n\n\n\n Onion\nMixer: <\/strong>Onion Mixer was founded by a serial entrepreneurial team, the team has\ndeveloped many well-known DEFI projects, has a wealth of practical experience\nand technical precipitation<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Well, thanks for your interesting introduction, we\nhave collected some community questions for you, are you ready to proceed with\nthe first one?🥳<\/p>\n\n\n\n Onion Mixer:\n<\/strong>yup<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Thank you very much for the great intro!<\/p>\n\n\n\n Onion\nMixer: <\/strong>pls go ahead<\/p>\n\n\n\n Q1 from Telegram User @josewen<\/em><\/strong><\/p>\n\n\n\n It is my understanding that early this year the coin mixer was created at BSC to take full advantage of its large user base, low transaction fees, fast transaction speed, and well-developed ecology.\u00a0 After accumulating sufficient transaction volume, they helped users to exchange their assets on other public chains anonymously, including but not limited to ETH, HECO, TRON, POLKADOT, etc.\u00a0 Have you managed to improve the protocol to be compatible with the DAPP ecology?\u00a0 Can users mix their coins immediately after joining Onion Mixer?\u00a0 Are the benefits of transaction mining anonymous too?<\/em><\/p>\n\n\n\n Onion Mixer:<\/strong> <\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>cheerful music 😁<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Haha Mr Onion😅<\/p>\n\n\n\n Onion\nMixer: <\/strong>Good question. and I have prepared a detailed answer for this question<\/p>\n\n\n\n Onion Mixer combines Coinjoin and Zksnark zero-knowledge proof technology\nto break the on-chain link between deposit address and withdrawal address and\nfully realize anonymous transfer.<\/p>\n\n\n\n Meanwhile, Onion has introduced the concept of “trading\nmining”. In order to keep the funds in the mixing pool alive and\ncontinuously conduct high-frequency trading, we encourage users to constantly\ntrade their assets in the mixing pool.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>interesting symbiosis<\/p>\n\n\n\n Onion\nMixer: <\/strong>The tokens produced by each blockchain will be allocate to the users\naccording to the user’s cumulative amount of transactions as a percentage of\nthe total transaction volume<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Thanks for the clear answer, ready for the next\nquestion?<\/p>\n\n\n\n Onion\nMixer: <\/strong>This means that your trading records will be valid forever, contributing\nto your own trading mining<\/p>\n\n\n\n not yet<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Interesting concept🤔<\/p>\n\n\n\n Onion\nMixer: <\/strong>For example, user A, who accounts for 10% of all transactions on the\ntotal transaction network, will split 10% of the tokens in the current block.<\/p>\n\n\n\n As the volume of transactions increases , User A’s share of transactions\nmay drop to 5%, and when the next block is created, he will split 5% of the\ntoken.<\/p>\n\n\n\n As users try to increase their percentage of transactions volume, the\nfrequency of transactions increases, making our anonymous transactions even\nbetter.<\/p>\n\n\n\n And we will continue to upgrade the agreement to provide better support\nfor DAPP. Now we have negotiated cooperation with a large number of legal\ngambling company agents. In the future, their funds will be better managed\nthrough Onion Mixer and we will also provide more support to similar apps<\/p>\n\n\n\n done<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Perhaps you can share which ones?<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>It seems you have several usecases, gambling for\nexample<\/p>\n\n\n\n Onion\nMixer: <\/strong>sure!<\/p>\n\n\n\n Onion\nMixer: <\/strong>Of course, we have very strong customers, such as Macau Sun City<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Amazing!<\/p>\n\n\n\n Onion\nMixer: <\/strong>but you know, mixer, Privacy protection is not just for the gambling\nindustry.<\/p>\n\n\n\n Our ultimate goal is to become a privacy protection +DEFI infrastructure.\nNo more streaking on-chain ! this is our vision<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Thanks for your answers! Ready for the next\nquestion?<\/p>\n\n\n\n Onion\nMixer: <\/strong>Our mission is <\/p>\n\n\n\n No more streaking on-chain. yup<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Thanks for the answer💪<\/p>\n\n\n\n Onion\nMixer: <\/strong>your question is the best question I met ever👍🏻 I d like\nto share more with your community memebr<\/p>\n\n\n\n Q2 from Telegram User @V1ct0r_26 <\/em><\/strong><\/p>\n\n\n\n I read that Onion Mixer is different from other\nprojects because it adopts a coin mixing approach that combines \u201cCoinJoin\u201d and\n\u201czero-knowledge proof\u201d. Could you explain this to us a little bit more? What are\nthis two things? Why did you decide to mix this two concepts? What are the\nbenefits of this decision?<\/em><\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>We have a great community, we collected some of the\nbest questions, we hope you like the next of them 😃<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>partially disclosed. but maybe you want to add\nsomething😉<\/p>\n\n\n\n Onion\nMixer: <\/strong>yup<\/p>\n\n\n\n The implementation of zkSNARK zero-knowledge proof in the Onion Mixer\nprotocol is as follows:<\/p>\n\n\n\n After the user puts the asset into the Onion Mixer pool, a string will be\ngenerated to the user ( the \u201czkSNARK proof\u201d). Then, the corresponding hash\nvalue (or the transaction voucher) will be sent to the smart contract of Onion\nMixer, combined with the user\u2019s deposit.<\/p>\n\n\n\n After receiving the deposit, the smart contract will add the deposit\ncertificate to the list of deposit users.<\/p>\n\n\n\n When the user needs to withdraw, he\/she can perform the withdrawal in the\nsmart contract\u2019s deposit list by providing the zkSNARK proof.<\/p>\n\n\n\n The use of the zkSNARK technology satisfies the need of no disclosure of\ntransaction details and the exact deposit amount. Even if the content of the\ntransaction voucher is accidentally leaked, a third party wouldn\u2019t know the\nsource of the withdrawal.<\/p>\n\n\n\n Finally, the smart contract will transfer the funds in the account to the\ndesignated withdrawal address by verifying the zkSNARK proof provided by the\nuser.<\/p>\n\n\n\n Zero-knowledge proof is a cryptographic proof that allows one party to\nprove it possesses certain information (or assets) without revealing that\ninformation.<\/p>\n\n\n\n For Onion Mixer, it is to prove that the user has deposited an asset in\nthe smart contract and has never withdrawn the asset, and the proving process\nwill not reveal the specific asset.<\/p>\n\n\n\n The zero-knowledge proof adopted by Onion Mixer relies on Merkle Tree to\nsave commitment (the user transaction voucher).<\/p>\n\n\n\n The zero-knowledge proof code generated by the user\u2019s transaction is\nrepresented by Note, including the transaction amount V and a random number.\nNote has two forms of expression:<\/p>\n\n\n\n one is commitment and the other is Nullifier. Commitment and Nullifier\nare both generated through different Hash functions. Commitment represents a\ndeposit, while Nullifier represents a withdrawal.<\/p>\n\n\n\n For each Note, its Commitment and Nullifier are unique.<\/p>\n\n\n\n Because Commitment and Nullifier are the results of Hash, even if these\ntwo data are public, others cannot infer the connection between Commitment and\nNullifier.<\/p>\n\n\n\n This is how to use zk snark proof to realize mixer.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Thanks for your great answers! Ready for the\nnext question?<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Great answer, do you have a complete ecosystem,\nthat’s that makes crypto fantastic😁<\/p>\n\n\n\n Onion\nMixer: <\/strong>Onion Mixer not only follows CoinJoin’s core principle of cutting the\nconnection between transaction input and output addresses but also has made\nsome improvements. Because of the connections between transaction addresses,\ncertain private information can be inferred by analyzing the content of the\npublic ledger. An intuitive protection solution is to use an intermediate mixer\nto obfuscate the relationship between input and output addresses.<\/p>\n\n\n\n yup<\/p>\n\n\n\n Q3 from Telegram User @samuelr21<\/em><\/strong><\/p>\n\n\n\n We know that each TOR removes a layer of encryption\nto get the next information from the router and then sends the data to the next\nTOR, a process that is repeated until the data reaches the destination, this\nprevents people who know the sender and receiver steal the data, this is a very\ngood thing, the type of security they have, giving the necessary trust so that\nusers feel identified with it, something very gratifying project, how did they\ntake the initiative to provide that security to users and privacy of their\ndata?<\/em><\/p>\n\n\n\n Onion\nMixer: <\/strong>we have a onepager that shows all the ecosystem<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Please share it if you can😃 Thank you, great info\nfor our members<\/p>\n\n\n\n Onion Mixer:<\/strong><\/p>\n\n\n\n <\/strong>Yes, we know that Satoshi is an excellent community and we hope that your users will use our products more.<\/p>\n\n\n\n Maybe we will introduce more benefits to Satoshi community members in the\nfuture<\/p>\n\n\n\n It is worth emphasizing that we will launch the INO, Initial NFT Offering\nwith DEGO on June 8th<\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/41b6826b6aa2cfd4a4c85b4f596988fb.gif\")
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