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Tornado Cash

Tornado Cash is a decentralized and non-custodial privacy solution. It improves transaction privacy by breaking the on-chain link between source and destination addresses. This is achieved through a smart contract that accepts ETH and other token deposits from one address, and enables their withdrawal from a different address.

What is Tornado Cash?

Tornado Cash is a decentralized, non-custodial protocol that enhances transaction privacy on Ethereum and other compatible blockchains. It allows users to break the on-chain link between source and destination addresses, ensuring anonymity in cryptocurrency transactions.

How Does Tornado Cash Work?

The protocol utilizes smart contracts to accept token deposits from one address and enables withdrawals to a different address. This process severs the on-chain link between the deposited and withdrawn funds. Tornado Cash employs zero-knowledge proofs (zk-SNARKs) to validate transactions without revealing user information.

What Makes Tornado Cash Unique?

Key features include its decentralized governance, non-custodial nature, and the use of zk-SNARKs for privacy. It supports multiple blockchains and tokens, offering users flexibility and enhanced privacy across various platforms.

Who Are the Founders of Tornado Cash?

Tornado Cash was developed by a team including Alexey Pertsev, Roman Storm, and Roman Semenov. They aimed to provide a privacy solution for Ethereum transactions, leveraging their expertise in blockchain development and cryptography.

Latest News

What Key Events Have There Been for Tornado Cash?

In August 2022, the U.S. Treasury's Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, alleging its use in laundering over $7 billion in cryptocurrency. This led to legal actions against its developers and raised significant discussions about privacy and regulation in the crypto space.

Project Announcements

As of now, there are no new project announcements available.

Upcoming Events

Keine Daten

Projects Announcements

Where to Buy Tornado Cash?

TORN tokens can be traded on various exchanges. Users should consult reputable platforms for the most current trading pairs and availability.

Tornado Cash Price

Daily Trading Volume

Information on daily trading volume is currently unavailable.

All-Time High

Specific data on the all-time high price and date is not available.

All-Time Low

Specific data on the all-time low price and date is not available.

Market Cap and Valuation

Market Cap

Current market capitalization details are not available.

Fully Diluted Valuation

Information on fully diluted valuation is currently unavailable.

Tornado Cash Price Prediction

Due to the complex nature of cryptocurrency markets and regulatory challenges, specific price predictions for TORN are not available. Investors should exercise caution and conduct thorough research before making investment decisions.

FAQ

What is the Purpose of Tornado Cash?

How Can I Participate in Tornado Cash's Ecosystem?

What Sets Tornado Cash Apart from Competitors?

Is Tornado Cash Secure?

What are the Risks Associated with Tornado Cash?

Community Sentiment

5.08K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.