Tornado Cash protocol
Overview
Tornado Cash is a non-custodial, decentralized privacy protocol operating on Ethereum. It employs zero-knowledge proofs (ZK-SNARKs) to sever the on-chain connection between a depositor's address and the address used for withdrawal. Users can deposit ETH or ERC-20 tokens and later withdraw them from a separate address, thereby increasing the privacy of their transactions. In 2022, the U.S. Treasury imposed sanctions on the protocol, which prompted discussion around financial privacy and potential illicit applications.
Within The Counterparty graph, Tornado Cash connects to 23 tracked entities, most strongly to Ethereum, Arbitrum, Polygon.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 23 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Polygon | 95% |
deployed_on | Optimism | 95% |
deployed_on | Avalanche | 95% |
deployed_on | Binance | 95% |
sanctioned_by | OFAC | 95% |
mentions | Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt | 95% |
mentions | Tether Freezes $344M USDT in Coordination with U.S. Law Enforcement | 95% |
deployed_on | xDai | 95% |
Frequently asked questions
What is Tornado Cash?
Tornado Cash is a protocol tracked in The Counterparty knowledge graph. It is connected to 23 other tracked entities, most strongly to Ethereum, Arbitrum, Polygon.
What type of entity is Tornado Cash?
Tornado Cash is classified as a protocol (protocol) in The Counterparty knowledge graph.
What is Tornado Cash connected to?
In The Counterparty knowledge graph, Tornado Cash is linked to 23 other tracked entities, most strongly to Ethereum, Arbitrum, Polygon.