𝐖𝐡𝐚𝐭 𝐢𝐬 𝐓𝐨𝐫𝐧𝐚𝐝𝐨 𝐂𝐚𝐬𝐡 (𝐓𝐎𝐑𝐍)?
Tornado Cash is a decentralised, non-custodial privacy solution built on Ethereum.
It improves transaction privacy by breaking the on-chain link between source and destination addresses.
Tornado Cash uses a smart contract that accepts ETH and ERC-20 deposits to do this.
The anonymity of Tornado Cash is derived from the size of its anonymity set, i.e., the amount of ETH and ERC-20 tokens that are deposited into the Tornado Cash contract.
Deposits to the Tornado Cash contract can be withdrawn by any on-chain address. Withdrawals are made by using zk-SNARK technology, which requires a trusted set-up.
@CryptoTrades #tornadocash #torn #cryptocurrency #education #altcoins
Tornado Cash is a decentralised, non-custodial privacy solution built on Ethereum.
It improves transaction privacy by breaking the on-chain link between source and destination addresses.
Tornado Cash uses a smart contract that accepts ETH and ERC-20 deposits to do this.
The anonymity of Tornado Cash is derived from the size of its anonymity set, i.e., the amount of ETH and ERC-20 tokens that are deposited into the Tornado Cash contract.
Deposits to the Tornado Cash contract can be withdrawn by any on-chain address. Withdrawals are made by using zk-SNARK technology, which requires a trusted set-up.
@CryptoTrades #tornadocash #torn #cryptocurrency #education #altcoins