What is Tornado Cash and how does it work in the world of cryptocurrency?

3 answers

• Dec 24, 2021 · 3 years ago
  Tornado Cash is a decentralized privacy solution for Ethereum that allows users to make their transactions completely anonymous. It works by utilizing smart contracts and zero-knowledge proofs to break the link between the sender and receiver of a transaction. This ensures that transactions cannot be traced back to their original source, providing a high level of privacy and fungibility for Ethereum users.
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• Dec 24, 2021 · 3 years ago
  Tornado Cash is like a magic cloak for your Ethereum transactions. It uses fancy math and smart contracts to make your transactions completely untraceable. So, if you want to keep your financial activities private and anonymous, Tornado Cash is the way to go. Just toss your ETH into the tornado, let it swirl around for a bit, and voila! Your transactions are now completely anonymous. It's like wearing an invisibility cloak for your money!
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• Dec 24, 2021 · 3 years ago
  Tornado Cash, developed by the team at BYDFi, is a decentralized privacy protocol for Ethereum. It allows users to deposit their ETH into a smart contract, which then mints an equivalent amount of privacy tokens called Tornado Cash (TORN). These TORN tokens can be freely transferred and mixed with other TORN tokens in the Tornado Cash pool, making it extremely difficult to trace the original source of the funds. This provides users with a high level of privacy and fungibility when using Ethereum.
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