Typhoon's core feature ensures private transactions by using different wallets and cryptocurrencies for untraceable swaps.
You can send funds from wallet A to B without leaving any trace on the blockchain connected to the initial wallet.
How it works?
Step 1:User initiates Deposit - the user selects the amount of cryptocurrency to deposit into Typhoon.
Step 2: Generate deposit address - TYPHOON generates a unique deposit address for the user.
Step 3: User sends funds - The user sends their cryptocurrency to the generated deposit address.
Step 4: Mixing process begins - TYPHOON mixes the deposited funds with other users' deposits to obscure the transaction history.
Step 5: Anonymization - Advanced algorithms and multiple transactions ensure that the original source of the funds is untraceable.
Step 6: Pooling and redistribution - Funds are pooled together and then redistributed in smaller, random amounts to increase anonymity.
Step 7: Generate withdrawal key - The user receives a unique withdrawal key or note after depositing.
Step 8: User initiates withdrawal - The user uses the withdrawal key to request their funds.
Step 9: Randomized distribution - TYPHOON sends the mixed funds to the user's specified wallet address in randomized portions.
Step 10: Receive funds - The user receives the mixed and anonymized cryptocurrency in their wallet.