January 13, 2022, 5:36PM EST
• 5 min read

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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