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Tornado Cash Is One Step Away from Full Censorship (and a Solution)
Manage episode 436663925 series 3570694
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This story was originally published on HackerNoon at: https://hackernoon.com/tornado-cash-is-one-step-away-from-full-censorship-and-a-solution.
Tornado Cash is a privacy tool that can be used by anyone, everywhere as long as isn't fully censored... yet. Find out more in this article.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #crypto-mixing, #tornado-cash, #crypto-regulation, #blockchain-censorship, #ethereum-censorship, #tornado-cash-censorship, #obyte, #good-company, and more.
This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com.
Roman Semenov, Alexey Pertsev, and Roman Storm decided to launch a cryptocurrency mixer on Ethereum in 2019. The system achieves privacy by severing the on-chain connection between deposit and withdrawal. It enables withdrawals to different addresses from those used for deposits. Users deposit their funds, wait for a while for the mixing, and then withdraw using a new address.
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