Tornado Cash Sanctions | The threat to Open Source Software (FOSS)
Tornado Cash is a fully decentralized, non-custodial, open source cryptocurrency tumbler that functions on networks that are compatible with the Ethereum Virtual Machine. It provides a service that combines various cryptocurrency money with potentially traceable or "tainted" monies to obfuscate the origin of the funds. In EVM networks, where all transactions are by default public, this is a privacy mechanism that is employed.
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//CHAPTERS:
What is Tornado Cash? - 00:00
Transaction without Tornado Cash - 00:34
Transaction with Tornado Cash - 01:22
U.S. Treasury Sanctions - 02:49
Developer arrested - 03:26
Open Source Software and Liability - 03:57
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This video is for educational purposes only.
#crypto #tornadocash #privacy