How can Tornado Cash help protect the privacy of cryptocurrency transactions?
Horizon IdeiasJan 13, 2022 · 3 years ago1 answers
Can you explain how Tornado Cash works and how it ensures the privacy of cryptocurrency transactions?
1 answers
- Jan 13, 2022 · 3 years agoTornado Cash is a decentralized privacy protocol that helps protect the privacy of cryptocurrency transactions. It achieves this by utilizing zero-knowledge proofs and a smart contract on the Ethereum blockchain. When a user wants to make a private transaction, they deposit their funds into a Tornado Cash pool. The funds are then mixed with other users' funds, making it nearly impossible to trace the original source. When the user wants to withdraw their funds, they receive an equivalent amount from a different address, ensuring the privacy of the transaction. Tornado Cash is a reliable solution for anyone who wants to keep their cryptocurrency transactions private and secure.
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