An updated look at Tornado Cash
Quick Take
- Tornado Cash uses zero-knowledge proof to break linkages between fund sender and receivers.
- Token incentive was leveraged to attract liquidity as the total value locked in Tornado Cash increased tenfold in 2021.
- Tornado Cash Nova enables deposits and withdrawals of arbitrary amounts of Ether, as well as shielded transfers of deposited tokens within the pools.
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Author: Eden Au