|Total Value Locked||24H|
|in ETH||44.2K ETH||-80.7%|
|in BTC||2.9K BTC||-81.3%|
|WBTC Locked||1.9K WBTC||+14 WBTC|
|% Supply Locked||0.01%|
Tornado Cash is a decentralized, non-custodial privacy solution built on Ethereum. It improves transaction privacy by breaking the on-chain link between recipient and destination addresses. Tornado Cash uses a smart contract that accepts ETH and ERC-20 deposits. These deposits can be withdrawn by any on-chain address. Whenever an asset is withdrawn by the new address, there is no way to link the withdrawal to the deposit, ensuring asset privacy. Tornado Cash uses zero knowledge proofs (zk-SNARKs) to achieve privacy. When a user decides to make a withdrawal, the user must provide proof that he or she possesses a secret corresponding to one of the smart contract’s list of deposits. zk-SNARK technology allows this proof to be verified without the user needing to reveal which exact deposit corresponds to their secret. The smart contract then checks the proof, and transfers deposited funds to the address specified by the withdrawal transaction. Any external observer is unable to determine which deposit this withdrawal is linked to.
Today we interview Paul Razvan Berg, previously a part of Aztec Protocol, self-proclaimed “Streamer of Money” and the man behind new Sablier. How did you get your start in crypto and what inspired you to build Sablier? The bull market of 2017 took me by surprise and I said to myself that there must be …