BitBlender - Definition from the Hotspot Shield Encyclopedia
A BitBlender is a service that allows you to mix your own Bitcoins with those of others to make your own Bitcoins anonymous and to prevent any traceability.
The Bitcoin cryptocurrency is not anonymous by nature - Transactions are listed on public Blockchain ledgers that anyone can access. BitBlender adds anonymity to the currency and using Tor Hidden Services and the Tor Network it provides a mixing or laundry service to break the trace of your Bitcoins and stop anyone from finding the original source. While the total sum of Bitcoins may be identified in a BitBlender wallet, as there may be Bitcoins from many different owners in that wallet, it is virtually impossible to identify which Bitcoins belong to which user.