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The term is used to identify a realnet/mainet blockchain from a testnet network, which only exists for experimenting, testing and educational purposes.  In the Bitcoin network, both the mainet and testnet are identical, however, the two networks are not compatible with each other. The testnet Bitcoin have no real value, while you cannot sent BTC from…

Mixing Service: Mixer, Tumbler, Fogger: A cryptocurrency tumbler or cryptocurrency mixing service is a service offered to mix potentially identifiable or ‘tainted’ cryptocurrency funds with others, with the intention of confusing the trail back to the fund’s original source. Tumblers have arisen to improve the anonymity of popular cryptocurrencies, usually bitcoin, since they provide a…

In 2011, FinCEN issued a final rule that defined a money services business (MSB) as the following: a person doing business, whether or not on a regular basis or as an organized or licensed business; the business is wholly or in substantial part within the United States; the business functions as a “money transmitter”; it…

Multi-input is a way of associating multiple addresses with a single individual or entity. This can help to group addresses into what is often called a “wallet address”. The way this works is that if many bitcoin addresses are used to create a single transaction to send money, then those addresses are all controlled by…