Tornado Cash (TORN) is a cryptocurrency coin that was founded by private, anonymous developers in January 2020. The coin is based on the Ethereum blockchain, and it has no premine or ICOs. Tornado Cash’s mission statement is to make it easier for individuals to remain private and secure in their financial transactions. What Makes Tornado Cash Unique? Tornado Cash is a privacy-focused cryptocurrency that allows users to remain anonymous in their transactions. The coin creates an anonymous layer between the sender and receiver of funds, meaning that even if a transaction is sent to a publicly viewable address, the original sender cannot be connected to the address or transaction. In addition, the token has a secure, decentralized architecture which makes it resistant to malicious attempts to trace funds or alter transactions. Where is Tornado Cash Used? Tornado Cash is used to facilitate anonymous financial transactions, such as sending and receiving funds without revealing the identity of the sender or receiver. It can also be used as a privacy-centric currency for transactions and payments. Where to Buy/Sell Tornado Cash? Tornado Cash can be purchased, sold, or traded on cryptocurrency exchanges such as Uniswap, 1inch, and Bancor Network. It can also be purchased and sold on peer-to-peer platforms such as Bisq and Hodl Hodl. Tornado cash coins and tokens are also available on many cryptocurrency wallets, such as MetaMask and MyCrypto. Comments I think Tornado Cash is an interesting project as it provides a way for people to remain secure and anonymous in their financial transactions. The fact that there’s no pre-mine or ICOs is also a plus since there won’t be any early investors who can manipulate the price of the tokens. I think the coin has potential to become a popular privacy coin and a viable alternative to other privacy coins such as Monero.
