Tornado Cash (TORN) price is $15.92

Tornado Cash (TORN) Live Price Data

The live Tornado Cash (TORN) price is $15.92, with a 24 hours Blynex trading volume of 57.34 K. The price of TORN changed by -36.05% in the past 24 hours. With a circulating supply of 5.25M TORN and a maximum supply of 9.99M TORN coins. TORN currently ranks #677 in market cap. You have the option to purchase Tornado Cash (TORN) on the Blynex exchange.

Market	Price	24h %	24h High	24h Low	24h Volume
TORN/USDT	$15.924	-36.05%	25.24	15.145	49.28 K	Trade

Market

Price

24h %

24h High

24h Low

24h Volume

TORN/USDT

$15.924

-36.05%

25.24

15.145

49.28 K

Trade

Tornado Cash (TORN) aims to solve a number of the privacy and anonymity issues in the crypto world. Buying TORN on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Tornado Cash (TORN).

What is Tornado Cash (TORN)?

Tornado Cash is a decentralized, non-custodial protocol designed to enhance privacy and anonymity in cryptocurrency transactions. Launched in August 2019, it tackles the traceability of on-chain activities by using Ethereum smart contracts to obscure the link between sender and recipient addresses. Often referred to as a "decentralized mixer," the protocol ensures transaction immutability, guaranteeing that no party—including its developers—can tamper with or alter records, delivering unparalleled privacy for users.

The Founders Behind Tornado Cash

Tornado Cash was co-founded by Roman Semenov and Roman Storm, two accomplished figures in blockchain technology. Semenov, an alumnus of Moscow State University specializing in Quantum Statistics, entered the crypto space in 2017, focusing on Ethereum scalability and founding PepperSec, a white-hat security consultancy. Storm, with extensive experience in software engineering, has worked at Amazon and the POA Network. Together, they established PepperSec, which led to Tornado Cash's creation, merging their expertise to address privacy gaps in blockchain transactions.

What Makes Tornado Cash Unique?

Tornado Cash distinguishes itself with its permissionless, self-executing code, allowing users to operate without intermediaries. In 2020, developers destroyed their admin keys via cryptographic multi-party computation (MPC), ensuring the protocol is trustless and autonomous. This move solidified Tornado Cash's commitment to financial privacy by making it impossible for anyone, including its creators, to alter or monitor transactions. Its trustless design underscores the protocol’s mission to provide unstoppable and anonymous financial solutions.

Tornado Cash's Contribution to Blockchain Privacy

The protocol's cryptographic technology ensures unmatched transaction anonymity. By disrupting on-chain links, it prevents observers from tracing asset movements, making it a vital tool for those valuing financial privacy. While Tornado Cash supports legitimate privacy use cases, its open-access nature has sparked controversy, with critics highlighting its potential misuse for money laundering and illicit activities. Despite these concerns, Tornado Cash remains a pioneering solution in advancing decentralized privacy technology.

Challenges and Controversies

Tornado Cash’s anonymity tools have drawn scrutiny due to potential abuse by bad actors, including hackers who use it to obscure stolen funds. Critics argue that transactions with large deposits and low liquidity might still be traceable under specific conditions. Nevertheless, the protocol’s developers maintain that financial privacy is integral to freedom, emphasizing Tornado Cash's role as a neutral platform supporting privacy-conscious blockchain users worldwide.

Tornado Cash (TORN) Live Price Data

Markets

About Tornado Cash (TORN)

What is Tornado Cash (TORN)?

The Founders Behind Tornado Cash

What Makes Tornado Cash Unique?

Tornado Cash's Contribution to Blockchain Privacy

Challenges and Controversies

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TORN to crypto currency