Decentralized and non-custodial, Tornado Cash is an Ethereum-based solution for privacy and anonymity. Severing the on-chain link between those who send and receive coins enhances transaction anonymity. This guide will provide our readers with more insight into Tornado Cash. We will start with a general introduction and move deeper into how Tornado Cash works. We will also add a list of pros and cons to this system for the reader's benefit. Understanding Tornado Cash Decentralized protocols such as Tornado Cash…
Tag: Proof of Hold
Unravelling the DeFi Gem that is the Falcon Project
In recent years, there has been an enormous growth in decentralized finance(DeFi), with the total value locked in DeFi markets surpassing $6 billion. DeFi platforms, consisting of dex platforms, stablecoins, derivatives, lending, and non-fungible asset creation, have immensely grown the Ethereum ecosystem. And with Ethereum looking to undertake a significant system-wide upgrade that will involve the transition from proof of work to proof of stake consensus model, i.e., Ethereum 2.0, DeFi platforms will continue to surge the coming years. Amidst…
2 years ago 
392
views