TLDR on Elusiv: Say you are transferring SOL to your friend, the transaction can be read in the blockchain. All the information including the source wallet, recipient wallet, etc. But when you transfer SOL or USDC via Elusiv, the source wallet is hidden. The blockchain will not have data of who was the source.
@@SebMontgomery oh but it's legal right ? What's diff from tornado cash cause I know it got banned,thanks for taking your time. Overload on data 1 day is like a 5 days in this space
It's legal because Elusiv mix matches the source address. It doesn't completely hide the source address. Say you want to send USDC to your friend. You'd have to top up the USDC in Elusiv's wallet first. After that send the USDC to your friend. What Elusiv does here is that it acts as an interface and mix matches the source address.
great content ser
Glad you enjoyed it 🙂
Different wallets for different things. Love it
Exactly, it's a safe practice.
Heya Seb. Which countries are only available to use Elusiv?
I'm not sure. I've been using Elusiv from Portugal and it works for me. My research assistant uses from IND and it works for him as well.
@@SebMontgomery worked with VPN. went to discord to examine some stuff. thanks for the vid btw! you shorts as well!
Can anyone explain could not understand anything sereously
TLDR on Elusiv:
Say you are transferring SOL to your friend, the transaction can be read in the blockchain. All the information including the source wallet, recipient wallet, etc.
But when you transfer SOL or USDC via Elusiv, the source wallet is hidden. The blockchain will not have data of who was the source.
@@SebMontgomery oh but it's legal right ? What's diff from tornado cash cause I know it got banned,thanks for taking your time. Overload on data 1 day is like a 5 days in this space
It's legal because Elusiv mix matches the source address. It doesn't completely hide the source address.
Say you want to send USDC to your friend. You'd have to top up the USDC in Elusiv's wallet first.
After that send the USDC to your friend.
What Elusiv does here is that it acts as an interface and mix matches the source address.
But since the source address is not completely hidden, how is it private then? Thats still the only point confusing me@@SebMontgomery