Tornado Cash Handles Nearly $2 Billion in 2024 Despite Sanctions
The Enigmatic World of Tornado Cash and the Quest for Privacy in the Digital Age In the digital realm where every transaction leaves a digital footprint, privacy has become a rare commodity Enter Tornado Cash, a technological marvel designed to shield the privacy of crypto users by obfuscating the origins of cryptocurrency transactions Leveraging the power of zero-knowledge proof cryptography, this protocol ensures that each deposit is mixed and withdrawn to a new, untraceable address, offering a cloak of anonymity in the bustling world of crypto The Surge in Activity and Legal Controversies Despite a notable slowdown in July, Tornado Cash witnessed a staggering inflow of over $1 9 billion in the first half of the year...
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