I read that in order to break the trace from the sender of my Monero to the recipient of my Monero, I need to make several transactions between my wallets, for example:
someone sent me 1 XMR --> my wallet 1 --> my wallet 2 --> recipient of my 1 XMR
(that i consider 1 additional transaction in aim to break the trace)
Can anyone explain so even layman understands chance/probability of breaking the trace when doing 0,1,2 such transactions between own wallets?
By the way, you can churn to your own wallet, as it’s not possible to link the output to the wallet. You can use the wallet accounts feature to separate coins
Just make sure you don’t use 2 churned outputs together (too early) or you’ll link them, and don’t use a churn output with an unchurned output. Feather Wallet with coin control is a good choice.
If you’re going to use 2 of your churned outputs together, that could relink the outputs together and make it stand out, although I haven’t really thought about it. It might not be that bad if you’ve churned enough, because at some point it’s logical that outputs from 2 big pools intersect
You mean that the churning by sending from my wallet to this same wallet(i can also say account or sub account of the wallet) (sending to self) just part of its ballance, will result in churned and non churned outputs in that wallet and these will be joined together if i later (after a week) send a big transaction (or wallet sweep) causing my previous churning be pointless? Maybe in this case is better for simplicity to always churn (part or full balance - i do not know if there is any benefit in sending in parts or in full) to second account within my wallet (instead of sending to self/same address) to prevent this. And i will be sending XMR to a third parties only from that secondary account?
You got it right! It’s exactly that.
I personally put everything on the same account and use coin control to spend only specific outputs but that’s just because I don’t like changing accounts
You’ll have to know that one you spend an output on the second account, it will pretty much result in a change output that isn’t as much churned (still no link to the original withdrawal, but could be statistically linked to the transaction you just made with it). In the end it’s all about what you think are the capacities of your opponent, their motivation to get you, and the risk for you if that happens. Most of the time and with the current situation, no one is good (nor interested) at statistically tracing XMR, but that might happen in the future.