Introduction to Tornado Cash:
Tornado Cash is a privacy transaction intermediary layer implemented on Ethereum based on zero knowledge proof, using Zero Knowledge Succinct Non Interactive Argument of Knowledge (zk SNARK) technology to send ETH and ERC-20 tokens to any address on the chain in an untraceable manner. It is a fully decentralized, non custodial protocol that allows private transactions to take place in encrypted spaces
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The functions of TORN coin:
TORN coin is the governance token of Tornado Cash, and holders can participate in the governance of the protocol, including proposals, voting, and other aspects. TORN coins can also be used to pay transaction fees on the Tornado Cash platform and enjoy certain discounts
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Supply of TORN coins:
The total supply of TORN coins is 10 million, of which 50% are generated through mining, 30% are distributed to teams and early investors, and 20% are used for community incentives and airdrops
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The technical principle of TORN coin:
The core technology of Tornado Cash is zero knowledge proofs (zk SNARKs), which allow one party to prove ownership of certain information without disclosing specific details. Users deposit Ethereum into smart contracts and generate a unique secret (called a "promise"). When users want to withdraw funds, they need to provide proof that they have the corresponding commitment without disclosing specific transaction details
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Do you actually know that this is the first time I will be hearing about this torn coin. Quite interesting to learn a lot about this
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i don't know
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