What are the steps involved in using Tornado Cash to protect the privacy of cryptocurrency transactions?

1 answers

• Dec 29, 2021 · 3 years ago
  Using Tornado Cash to safeguard the privacy of your cryptocurrency transactions is a straightforward process. Here's a breakdown of the steps involved: 1. Begin by accessing the Tornado Cash website and connecting your cryptocurrency wallet to the platform. 2. Select the specific cryptocurrency you want to mix for enhanced privacy. 3. Determine the desired anonymity set, which determines the number of other users your transaction will be mixed with. 4. Deposit your cryptocurrency into the Tornado Cash smart contract and wait for the necessary confirmations. 5. Once confirmed, you will receive a proof of deposit, which serves as evidence of your transaction. 6. Utilize this proof to initiate a withdrawal and receive your mixed cryptocurrency. 7. Wait for the required confirmations for the withdrawal transaction to ensure its security. By following these steps, you can effectively utilize Tornado Cash to protect the privacy of your cryptocurrency transactions.
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