Ethereum Mixer Tornado Cash Launches Major Upgrade as V3 Approaches

Posted on by American Coins & Gold

Ethereum Mixer Tornado Cash Launches Major Upgrade as V3 Approaches
Popular Ethereum-based privacy mixer Tornado Cash just got a major upgrade as part of a transition to a highly anticipated v3.Tornado Cash, a privacy tool for obfuscating the history of ether (ETH) transactions, announced on Wednesday the launch of Nova, a major upgrade that will take the protocol to sidechain xDai, allow for variable deposits and withdrawals and enable privacy-preserving “shielded” transfer of funds deposited into the protocol’s pools.The protocol currently accounts for over 150,000 ETH in its pools worth $580 million.On-chain sleuths have been known to tie two accounts to one another based on deposit and withdrawal amounts, and…