Tornado Cash Coin is the native cryptocurrency of Tornado Cash, offering users governance rights within the protocol. This decentralized privacy solution operates on the Ethereum network, enhancing transaction privacy by severing the on-chain link between the recipient and the destination addresses. Utilizing a smart contract, Tornado Cash accepts ETH and ERC-20 deposits, ensuring that withdrawals can be made to any address on any chain without linking them back to the deposit.
What Technology Powers Tornado Cash?
Moreover, the use of zk-SNARKs ensures that any transaction remains confidential and secure. By maintaining anonymity for both senders and receivers, Tornado Cash provides a robust solution for those prioritizing privacy in their cryptocurrency transactions.
Where Can You Purchase TORN Coin?
For instance, to buy TORN using the TORN/USDT pair, navigate to the pair’s trading interface, enter the desired purchase amount under the limit tab, and place a Buy TORN order to complete the transaction.
Key Takeaways
– TORN Coin, an ERC-20 token, is integral for governance in Tornado Cash.
– Binance offers multiple trading pairs for TORN Coin purchases.
– Transactions on Tornado Cash maintain complete anonymity.
– Users must register and fund their Binance account to buy TORN Coin.
In conclusion, Tornado Cash offers a decentralized and secure solution for private transactions on the Ethereum network. TORN Coin plays a crucial role in protocol governance, and its acquisition is facilitated through major exchanges like Binance.