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Cash App is a user-friendly payment app that was formerly known as Square Cash. It is a peer-to-peer payment app that enables users to send and receive money to their friends and family. Apart from sending and receiving money, all the users can...
Today we introduce Typhoon Cash, a yield-capable private transactions protocol based on Tornado Cash. We are finally ready to announce that Typhoon Cash will launch this week, enabling private transactions for the following assets: ETH, wBTC, cDAI, crDAI, cUSDT, crUSDT, USDT, y3CRV, MIC, MIS. This launch integrates MITH Cash at launch, adding a privacy feature to MITH Cash. What is Typhoon Cash (PHOON) | What is Typhoon Cash token | What is PHOON token
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 These deposits can be withdrawn by any on-chain address. Whenever an asset is withdrawn by the new address, there is no way to link the withdrawal to the deposit, ensuring asset privacy.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. TORN is Tornado Cash’s native governance token. It’s a fixed-supply ERC-20 token that is used for voting on protocol upgrades and fixes. What is Tornado Cash (TORN) | What is Tornado Cash token | What is TORN token
Mithril Cash is the new algorithmic stablecoin forged from Mithril, a valuable silver-like metal that is not only stronger but also lighter than steel, just as the community that we are building. What is MITH Cash (MIC) | What is MIC token
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