Glossary

This is a glossary of terms related to crypto, blockchain and Rain.

Tumbler

What Is Tumbler?

Tumbler is a cryptocurrency mixing service that aids in the anonymization of cryptocurrency balances and transactions. Tumblers are in charge of breaking up transactions into smaller pieces and combining them with others. This makes it more problematic for third parties to track such transactions.

Illustration of How Tumbler Works

Users drop coins into the tumbler's pool. The tumbler will then return the identical number of coins to every user, minus the costs. Nevertheless, the monies received will be comprised of a variety of parts of funds entered into the system by other users. 

This serves to build a barrier between the address sending and receiving coins. Tumblers often do not request personal information from their users, maintaining anonymity. As a result, tumblers are frequently accused of facilitating illegal activities such as money laundering because they make the anonymous applications of the Dark Web even more convenient and law enforcement organizations' duties more difficult. 

Tumbling cryptocurrency, on the other hand, does not always have questionable motivations. Users that use tumblers should be aware that their manipulations provide a few risks, most notably the chance of hacking. In the event of security flaws, hackers might easily recover personal data or even trace the origin of a user's money.

Rain Management W.L.L. is licensed by the Central Bank of Bahrain as a Category 3 Crypto-Asset Services Provider. We are headquartered in the Kingdom of Bahrain.
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