What Is Tornado Cash?

2021-03-19 02:00:00 · 104 views · 3 min read

 

Normally, your entire Ethereum transaction history and balances are public. All your transactions can be seen on block explorers like Etherscan, and anyone who knows that you own a particular address can easily track your funds, calculate your holdings, and analyze your on-chain activity.

 

 

What if you want anonymity and privacy for your transactions?

 

 

This new tool Tornado Cash allows you to send Ethereum cryptocurrencies 100% anonymously using groundbreaking, non-custodial technology.

 

 

Tornado Cash uses a smart contract to accept ETH deposits, which can be withdrawn by a different address. So that the on-chain link between the recipient and destination addresses are broken down. Whenever ETH is withdrawn by the new address, there is no way to link the withdrawal to the deposit, ensuring complete privacy.

 

 

So you can first deposit in Tornado Cash the amount of ETH you want to transfer, then withdraw it to the address you’d like to transfer to.

 

 

The Tornado Cash team also gives some tips on how to go completely anonymous. For example, if a deposit and a withdrawal are right next to each other, it is very likely that they belong to the same person. They recommend waiting until at least a few deposits are made after yours before withdrawing the note.

How to deposit

  • Choose a token

  • Select amount to deposit

  • Click Deposit

  • Backup the note

  • Click Send Deposit

  • Confirm the transaction

  • Wait until the transaction is mined

 

How to withdraw with relayer

  • Enter your deposit's note

  • Enter recipient address

  • Click Withdraw

  • Wait until proof is generated

  • Click Withdraw

  • Wait until the transaction is mined

 

How to withdraw with MetaMask

  • Enter your deposit's note

  • Click settings icon 

  • Choose Wallet option

  • Click Save button

  • Enter recipient address

  • Click Withdraw

  • Wait until proof is generated

  • Click Withdraw

  • Sign transaction

  • Wait until the transaction is mined

 

Tornado Cash has been audited. However, it’s still an experimental software. Please be aware of the potential risk when you use it.

 

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