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Note: this is based on darkcoin's use of Coinjoin, and Coinjoin itself is not necessarily vulnerable to spying by third parties (see the comment below by gmaxwell). The main difference is whether you are trusting third parties to do the mixing for you, or not. Coinjoin relies on third parties, while cryptonote allows you to do the mixing yourself locally. ...


2

Monero does not require that "mixing" happens at the same time that other spenders want to "mix" their coins. Rather, the sender constructs the complete transaction prior to broadcasting it to the network. The sender's wallet chooses one or more of its own outputs to spend, and then it picks other actual outputs from the blockchain to mix with its own ...


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