Crypto-mixing tools Tornado.cash and cash fusion disguise more than $ 8 billion in transactions-data protection

While blockchain monitoring has increased significantly in recent years, cryptocurrency mixers have been used considerably by those who do not want their financial transactions to be persecuted. In the meantime, two mixed applications, tornado.cash and cash fusion, crypto owners have helped make their Ethereum and Bitcoin bar money less traceable. The two applications together recorded more than $ 8 billion in crypto transactions that were deliberately obscured.

over $ 4.8 billion in Ethereum processed via tornado.cash

Data protection in digital currencies is a big deal for many people. This is not the case for some people and they have no problems with transactions in transparent ledgers that are monitored by blockchain monitoring companies. On the other hand, data protection officers use a number of methods such as the use of a VPN, the use of the Tor browser and access to token mixer. Towards the end of 2021, the two applications for mixing crypto-assets tornado.cash and Cash fusion have processed over $ 8 billion on digital assets.

tornado.cash is a Ethereum (eth) mixed tool, which is about 2.344.835. seen ether worth more than $ 4.8 billion. The application is very popular and was even checked in 2020 by the former Bitcoin developer Gavin Andresen. Tornado.cash recently announced that it is located in the middle of the provision on L2 (Layer 2) Ethereum platform Arbitrum One. Of the $ 4.87 billion that were paid, Tornado.cash users paid $ 7.2 million on network fees Metrics from dune Analytics.

statistics also show that there were 12,240 clear deposits and 36,382 clear payout addresses. The deposits of $ 4.8 billion were distributed by the 12,240 addresses by 98,593. The proportion of withdrawals with a relayer is around 70,800, while the traditional withdrawals from the wallet are around 20,233

more than 3.8 billion US dollars in Bitcoin Cash has been merged with

Another mixed project in which a few billion coins have been mixed is the cash fusion project, which of the bitcoin-bargeld (bch) Community. The mixed application without custody in the Electron Cash Wallet has been a popular anonymity tool since November 28, 2019. Cash fusion offers a significant covering of transactions and the project was checked by the data analyst James Waugh in January 2020.

Waugh explained at the time that he combed by thousands realized that it is "not possible to establish a concrete connection". From today and since November 2019 7.293.680 Bitcoin-Bar money were processed worth 3.28 billion. So far there have been 6,931,976 inputs and 7.102.213 outputs and bch Satoshis for everyone negligible bch merged.

Both mixing applications are popular today and are used regularly. Fridays, bch fans take part in so-called "fusion fridays" to get a larger amount together. Since tornado.cash arbitrum one supports one, the fees will be much lower than the average onchain eth fee. In addition to mixing applications especially for ethereum (eth) and Bitcoin-Bar money (BCH) , the unmarried wallets wasabi money exchange and samourai money exchange also offer mixed functions for bitcoin (btc). .

What do you think of the data protection mixing tools tornado.cash and cash fusion? Let us know your opinion on this topic in the comments below.

Jamie Redman

Jamie Redman is News Lead at Bitcoin.com News and a Finanztech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com news about the disruptive protocols that arise today.

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