Tornado Cash mixer blacklisted, Ethereum co-founder Vitalik Buterin proposes Privacy Pools

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Tornado Cash, the Ethereum-based non-custodial privacy mixer was blacklisted recently after the Department of the Treasury’s Office in collaboration w

Other than Buterin, the rest of the team comprises Ameen Soleimani, Jacob Illum, Matthias Nadler and Fabian Schar. The first is a developer, the second a Chainalysis researcher, while the last two are scholars.

As such, Buterin seems to be attempting to distance his network from possible negative sentiment connected with Tornado Cash even as the justice department turns its gaze toward mixing services and how they play enabling roles for criminals looking to conceal their activities after stealing funds from unsuspecting victims. Ethereum is a decentralized open-source blockchain with smart contracts functionality.

Source: Digital Coin News (digitalcoinnews.net)

 

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