April 3, 2025
0xbow implemented the idea of ​​Vitalik Buther about the alternative of Tornado Cash thumbnail
Business

0xbow implemented the idea of ​​Vitalik Buther about the alternative of Tornado Cash

The 0xbow project presented the Ethereum-Transfacations of Privacy Pools. The concept of “pools of privacy” as an alternative to Tornado Cash was offered for the first time a group of well -known researchers in 2023. GM Ethereum ☀️ It is Our Great Honor to Annune the Mainnet Launch of Privacy Pools! ETH USERS CAN NOW ACHIEVE ON-CHAIN ​​PRIVacy, While Still Dissociation from Illicit Funds It Is Now Up To […]”, – WRITE: Businessua.com.ua

0xbow implemented the idea of ​​Vitalik Buther about alternative to Tornado Cash - Infbusiness

The 0xbow project presented the Ethereum-Transfacations of Privacy Pools. The concept of “pools of privacy” as alternatives to Tornado Cash for the first time She proposed a group of well -known researchers in 2023.

gm ethereum ☀️

IT IS OUR GREAT HONOR TO ANNUNCE OF THE MAINNET LAUNCH OF PRIVAKY POOLS!

ETH USERS CAN NOW ACHIEVE ON-CHAIN ​​PRIVacy, While Still Dissocating from Illicit Funds

IT IS NOW UP TO All of US to MAKE Privacy Normal Again 🫡

More Info in this Thread 👇 pic.twitter.com/3njo0axod1

– 0xbow.io (@0xbowio) March 31, 2025

The authors of the article about Privacy Pools were the co -founder of Ethereum Vitalik Butherin, CTO Reflexer Labs Amin Suleimani, Chainalysis Chief Researcher Jacob Illum, as well as scientists Matthias Nadler and Fabian Schae.

The developed 0xbow infrastructure offers an ETH and ERC-20 mixing service to ensure confidentiality without the risk of mixing funds with “dirty assets” and violation of regulatory requirements.

“Now we all have to do privacy again,” the project said.

Privacy Pools uses evidence with zero disclosure that allow you to confirm belonging to the approved set of depositors. The compliance control is performed by the Association Set Provider (ASP). The system confirms deposits that meet the given criteria and guarantees that private outputs are made exclusively from “pure” deposits.

0xbow implemented the idea of ​​Vitalik Buther's alternative to Tornado Cash-Infbusiness

ASP scheme. Data: 0xbow.

ASP is updated automatically and can withdraw a deposit at any stage. Users have the opportunity to return the coins to the initial address in the event of a deposit reject, which makes Privacy Pools a non -disashed solution.

Among the features of the platform, 0xbow developers noted the ability to manage all accounts in Privacy Pools through one Sid-Phrase. Partial withdrawals are also possible – the remaining funds will continue to be stored in the privateliness pool.

Initially, the team limited the amount of deposit 1 ETH (minimum – 0.1 ETH).

“We will increase these limits as our technology was tested in combat,” the team assured.

Bankless, Number Group, Public Works, Buther and a number of business angels performed investors.

We will remind, in 2023 the co -founder of Ethereum called confidentiality “the biggest problem of the network, and proposed its decision.

The gun

No votes yet.

Please wait …

Related posts

Circle Hires Jpmorgan, Citi with Plan to File Ipo in Late April: Fortune

unian ua

Michael Saylor’s Strategy Adds Another 22k Bitcoin for $ 1.92b

unian ua

Crude Inventories Rise by 6.2 Million Barrels; Wi oil tests the $ 71.50 Level

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More