Tornado Cash flew 20 times directly in the morning. Let me explain what this coin does.
The core function of Tornado Cash is to make cryptocurrency transactions difficult to trace through a mixing protocol.
• Users deposit assets into Tornado Cash's smart contract, and the protocol shuffles the sources of these assets, allowing users to withdraw assets from the smart contract to another wallet.
• This obfuscates the flow of funds, thereby protecting the privacy of transactions.
The U.S. Treasury directly sanctioned this token, but the morning news was that the court deemed the Treasury's sanctions against it illegal, leading to a significant surge.
This project is truly decentralized; the founder was directly arrested, yet the project continues to operate.