Tornado Cash Archives - Cryptolifedigital

Ethermine, The Largest Ethereum Pool Shuns Transaction Ethereum Addresses Related to Tornado Cash.

20Aug

By Cryptolifedigital2 Comments

Blockchain

Ethermine, The Largest Ethereum Pool Shuns Transaction Ethereum Addresses Related to Tornado Cash.

Tornado Cash has been facing some measure of censorship recently due to the current US ban, for this reason, it has been facing rejection from various platforms. For instance, Ethermine, the largest Ethereum pool ignore the Ethereum Addresses Related to Tornado Cash. A tweet by Wu Blockchain stated that Bitfly-owned Ethermine, Ethereum’s largest mining pool, has been shunning Tornado Cash-related transactions over the past week. Read Also: Cardano's Hoskinson Slams The Stake Pool Operators For Taking Cardano Private Issues To The Public https://twitter.com/WuBlockchain/status/1560813902245818368 Wu Blockchain stated “Ethermine, the largest Ethereum pool, has refused to pack Tornado Cash-related transactions into blocks in the past week. Several pool technicians also confirme...

Rep. Tom Emmer Slams The US Treasury Department On The Current Sanctioning Of Tornado Cash

19Aug

By CryptolifedigitalNo Comments

Blockchain

Rep. Tom Emmer Slams The US Treasury Department On The Current Sanctioning Of Tornado Cash

A United state member of congress by the name of Rep. Tom Emmer (R-Minn.) has taken the time to challenge the US Treasury Department on the current sanctioning of Tornado Cash saying this act of banning was an unprecedented action fighting the privacy and innovation. It all happened during a “First Mover” Program on the CoinDesk TV, Tom said the Treasury Department’s Office of Foreign Asset Control (OFAC)’s sanction on Tornado Cash was not correct. Read Also: Shiba Inu's Burn Rate Records Over 385% As Almost 74 million Shib Tokens Were Sent To Dead Wallet Rep. Tom said:“Their primary priority is protecting the United States' national security,” he added. “So I think our role – Congress – can be most effective in inquiring with OFAC to find out if they believe the sanction address...

A 29 Years Old Man Is Arrested As A Suspect Developer Working For Tornado Cash But The Identity Is Still Unknown

15Aug

By Cryptolifedigital1 Comment

Blockchain

A 29 Years Old Man Is Arrested As A Suspect Developer Working For Tornado Cash But The Identity Is Still Unknown

A recent update revealed that a 29 years old man has been arrested on Wednesday. The identity of the man is still unknown as the Dutch police took him as a suspect working as a developer for Tornado Cash. According to the Dutch Fiscal Information and Investigation Service: .blockspare-884e0c8d-7ff7-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-left:0px;border-radius:null}.blockspare-884e0c8d-7ff7-4 .blockspare-image-wrap{background-image:} He is suspected of involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies via the decentralized Ethereum mixing service Tornado Cas...

Ethereum PoW Manifesto Reveals Their Plan To Abolish EIP-1559 As Merge Approaches And The Ethereum’s Buterin Stands To Defend The Tornado Cash

10Aug

By Cryptolifedigital5 Comments

Ethereum

Ethereum PoW Manifesto Reveals Their Plan To Abolish EIP-1559 As Merge Approaches And The Ethereum’s Buterin Stands To Defend The Tornado Cash

It is no news that the miners connived together to maintain their PoW even as the merge approaches although the whole idea hasn’t gotten any support from stablecoins issuers such as Tether and circle as they’ve declared their support for the merge already. The Ethereum PoW manifesto, the teams driving for the ETH PoW fork after the merge have revealed shocking information about the EIP0-1559 abolishment. Abolishing EIP-1559 in the Ethereum PoW fork creates a system where miners stand to benefit the most. The team stated this in a long-text tweet: .blockspare-24f04d8f-12d3-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-left:0px;border-r...

Ethereum’s Vitalik’s Proposal To Add A Significant Amount Of Privacy To The NFT Ecosystem Has Triggered A Debate On Transparency In The Blockchain

8Aug

By Cryptolifedigital2 Comments

Blockchain

Ethereum’s Vitalik’s Proposal To Add A Significant Amount Of Privacy To The NFT Ecosystem Has Triggered A Debate On Transparency In The Blockchain

As stated by Ethereum’s founder, Vitalik Buterin on his Twitter handle, giving his view on the need for more privacy in sending NFT to Vitalik.eth anonymously to everyone except him. Although, while a good number of people showed interest in blockchain because of its level of privacy, there are bad eggs that use the advantage to perform all kinds of hacks through the Tornado Cash developed by Ethereum. https://twitter.com/VitalikButerin/status/1556548617636556800 It is known while Butering was proposing the lightweight technology, the original author of the proposal Nerolation opts to use Zero Knowledge technology. Read Also: ApeCoin Now Becomes A Global Payment Method Via BitPay Read Also: Everest Partners With Bitso To Allow The Everest Users To Do Cross-border Payment ...