Tornado Cash: A Comprehensive Overview of the Privacy-Focused Ethereum Mixer > 자유게시판

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Tornado Cash is a decentralized, non-custodial privacy solution built on the Ethereum blockchain, designed to enhance transaction anonymity by obfuscating the link between sender and receiver. Launched in 2019, it quickly gained prominence as a tool for users seeking financial privacy in the transparent world of blockchain transactions. This report delves into Tornado Cash's mechanics, its significance, regulatory challenges, and future prospects.

How Tornado Cash Works

Tornado Cash operates as a mixer or tumbler, leveraging zero-knowledge proofs (zk-SNARKs) to break the on-chain connection between deposited and withdrawn funds. Users deposit ETH or other supported ERC-20 tokens into a smart contract, which pools these funds with others. After a waiting period, users can withdraw their assets to a new address, with no visible link to the original deposit. The process ensures that external observers, including blockchain analysts, cannot trace the funds' origin.

The protocol supports multiple denominations, allowing users to deposit fixed amounts (e.g., 0.1, 1, or 10 ETH) to prevent amount-based tracking. Tornado Cash's smart contracts are open-source, enabling public audits and trustless operation.

Importance of Privacy in DeFi

Ethereum's transparency, while beneficial for accountability, poses privacy risks. Public ledgers expose transaction histories, making it possible to track users' financial activities. Tornado Cash addresses this by providing optional privacy, which is crucial for:

1. Personal Security: Preventing address