加密奥特man johnHow to Use the Tornado-CLI Command Line Tool
How to Use the Tornado-CLI Command Line Toolby Doris.M,translated by John If you encounter issues accessing the Tornado web version, you can try using the Tornado CLI version (command line). Currently, there are two versions available:https://github.com/tornadocash/tornado-cli (Official Original Version)https://git.tornado.ws/tornadocash/tornado-cli (Theo Maintained Version)I have tried all two versions, and only the Theo version works for me.How to Install Tornado CLI:(❗️❗️The following step...
加密奥特man john最具百倍可能性的代币TORN
Tornado Cash是去中心化的隐私协议，旨在为以太坊上的交易提供更高的隐私保护。 一、主要特点 1、保护隐私：Tornado Cash允许用户将其代币存入智能合约，并在需要时随时进行提取。在存入时，代币将与其他用户的代币混合，并保证了存款人的身份和资金流动的隐私。 2、去中心化：该协议依靠智能合约和以太坊网络的共识算法来确保交易的可靠性和安全性。这种去中心化的特性为用户提供了更高的安全性和信任度。 二、发生了什么 Tornado Cash是史上最臭名昭著（大名鼎鼎）的混币器，自2019年诞生以来，短时间成为ETH链上TVL最大的混币器，TVL最高达$1.1B，目前维持在$641M。排名第二的混币器Railgun的TVL只有$77M，是龙卷风的零头。因为龙卷风便捷、高效、去中心化的特点，吸引了大量资金进入混币器，在区块链黑客盗币事件中，高达80%以上的盗币资金最终流向Tornado Cash，其中包括朝鲜黑客Lazarus团队近年来窃取的约30亿美金。由此可见Tornado Cash是最受黑客欢迎的混币器，安全性得到了黑客的广泛认证。 2022年8月，美国财政部宣布制裁Tor...
$TORN ; $KHEOWZOO
加密奥特man johnHow to Use the Tornado-CLI Command Line Tool
How to Use the Tornado-CLI Command Line Toolby Doris.M,translated by John If you encounter issues accessing the Tornado web version, you can try using the Tornado CLI version (command line). Currently, there are two versions available:https://github.com/tornadocash/tornado-cli (Official Original Version)https://git.tornado.ws/tornadocash/tornado-cli (Theo Maintained Version)I have tried all two versions, and only the Theo version works for me.How to Install Tornado CLI:(❗️❗️The following step...
加密奥特man john最具百倍可能性的代币TORN
Tornado Cash是去中心化的隐私协议，旨在为以太坊上的交易提供更高的隐私保护。 一、主要特点 1、保护隐私：Tornado Cash允许用户将其代币存入智能合约，并在需要时随时进行提取。在存入时，代币将与其他用户的代币混合，并保证了存款人的身份和资金流动的隐私。 2、去中心化：该协议依靠智能合约和以太坊网络的共识算法来确保交易的可靠性和安全性。这种去中心化的特性为用户提供了更高的安全性和信任度。 二、发生了什么 Tornado Cash是史上最臭名昭著（大名鼎鼎）的混币器，自2019年诞生以来，短时间成为ETH链上TVL最大的混币器，TVL最高达$1.1B，目前维持在$641M。排名第二的混币器Railgun的TVL只有$77M，是龙卷风的零头。因为龙卷风便捷、高效、去中心化的特点，吸引了大量资金进入混币器，在区块链黑客盗币事件中，高达80%以上的盗币资金最终流向Tornado Cash，其中包括朝鲜黑客Lazarus团队近年来窃取的约30亿美金。由此可见Tornado Cash是最受黑客欢迎的混币器，安全性得到了黑客的广泛认证。 2022年8月，美国财政部宣布制裁Tor...
$TORN ; $KHEOWZOO
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Tornado Cash: A Decentralized Privacy Protocol for Ethereum Transactions
Key Features:
Privacy Protection: Tornado Cash allows users to deposit tokens into smart contracts and withdraw them at any time. Upon deposit, the tokens are mixed with those of other users, ensuring the privacy of the depositors' identities and transaction flows.
Decentralization: The protocol relies on smart contracts and the consensus algorithm of the Ethereum network to ensure the reliability and security of transactions. This decentralized feature provides users with enhanced security and trust.
What Happened:
Tornado Cash is one of the most infamous (and well-known) coin mixers in history. Since its inception in 2019, it quickly became the largest mixer on the Ethereum blockchain by Total Value Locked (TVL), reaching a peak TVL of $1.1 billion and currently maintaining $641 million. The second-largest mixer, Railgun, has a TVL of only $77 million, a fraction of Tornado Cash’s. Due to its convenience, efficiency, and decentralization, Tornado Cash attracted a large amount of funds into its mixing services. In blockchain hacking events, over 80% of stolen funds eventually flowed into Tornado Cash, including about $3 billion stolen by the North Korean hacker group Lazarus in recent years. This demonstrates that Tornado Cash is the most popular mixer among hackers, with its security being widely acknowledged by the hacking community.
In August 2022, the U.S. Department of the Treasury sanctioned Tornado Cash and banned U.S. citizens from using it. This led to a significant drop in Tornado Cash’s TVL. Major exchanges halted deposits of mixed funds, and network service providers such as RPC and subgraph services began to restrict Tornado Cash’s user interface (UI). Major exchanges delisted the TORN token, and UNI restricted TORN token swaps on its front-end. The two founders of Tornado Cash, Alex and Roman, faced trials in the Netherlands and the U.S. This marked the darkest two years for Tornado Cash.
During these two years, Tornado Cash underwent a "decoupling test" of decentralization. In other words, just as Bitcoin continued to function after Satoshi Nakamoto left, and Ethereum continued after Vitalik Buterin’s departure, the protocol's resilience was tested after its development team dissolved. The result was clear: despite the UI being banned, hackers directly interacted with the on-chain smart contracts to mix funds, and the sanctions had little impact on these "core users." Tornado Cash passed this test, with its TVL recovering from a low of $160 million in September 2022 to its current $641 million, a fourfold increase from its lowest point.
Despite the founders' arrests, UI restrictions, and exchanges blocking deposits, Tornado Cash endured the toughest U.S. sanctions thanks to its highly decentralized smart contracts. Even the mighty U.S. government was unable to shut it down, and Tornado Cash survived.It continues to be the go-to option for large-scale mixing and remains the hacker’s favorite. Of course, the community does not support hackers using the mixer; what they support is privacy.
Since the sanctions, some users of Tornado Cash have filed lawsuits against the U.S. Treasury. Plaintiffs include security audit teams, Coinbase, CoinCenter, hardware wallet developers, and client-side developers. On November 27, 2024, the U.S. Fifth Circuit Court of Appeals ruled that the Treasury's sanctions on Tornado Cash violated the International Emergency Economic Powers Act (IEEPA), because immutable smart contracts do not meet the definition of "property." The court ruled that these smart contracts are decentralized, self-executing, and uncontrollable code, and therefore should not be sanctioned. The court also stated that while technology can be misused, administrative agencies have no authority to extend sanctions beyond what the law allows. Although hackers used Tornado Cash, this should not be grounds for sanctioning the entire protocol.
What Does This Mean?
Coinbase’s Chief Legal Officer, Paul Grewal, stated, "Tornado Cash will be removed from the sanctions list, and Americans will once again be allowed to use this privacy-protecting protocol. In other words, the government’s overreach will not continue."
In my view, this ruling is a significant event in the history of blockchain, representing a historic victory for cryptocurrency enthusiasts and those who defend privacy and freedom. The significance of this ruling is not only in the legality of the privacy tools behind Tornado Cash but also in drawing clear legal boundaries for the development of decentralized technologies. The unique nature of immutable smart contracts was deeply examined in this case, and the court’s decision provides crucial judicial support for the legal use of similar technologies in the future.
Code is innocent, privacy is innocent: the ruling on Tornado Cash is an important turning point for cryptocurrency regulation. It marks not an endpoint but a new beginning for decentralization and privacy protection. This ruling will bring about a new era for the entire crypto ecosystem, with positive implications for various DeFi projects and Ethereum developers.
About the TORN Token:
TORN is the governance token for Tornado Cash. Although Tornado Cash’s mixing contracts cannot be modified, the TORN token plays a role in UI maintenance, governance auditing, and relay fees. The TORN token is currently priced at $14, with a total circulation of 10 million tokens (5 million of which are locked in the DAO and can only be unlocked through a vote). The circulating market cap is $60 million. After the court ruling, OFAC has a three-month period to appeal, but the outcome is likely set. The next step will be the lifting of the Tornado Cash sanctions.
Although some regulatory oversight may remain, the usage of Tornado Cash is expected to increase significantly, and restrictions from exchanges, UNI, and network service providers will gradually be lifted.
Why TORN Could Be a 100x Token:
Relayers purchase TORN as transaction fees and stake them (non-refundable). During the mixing process, relayers charge about 0.4% in fees from users, and subsequently, 0.3% of the mixed funds are distributed to TORN stakers in TORN tokens (refundable). Therefore, TORN is not a "PVP" token; it is a utility token. As long as the mixer is used for withdrawals, there will be continuous buying pressure, creating a positive feedback loop.
Even during the two years of sanctions, due to the widespread use of the mixer, staking TORN yielded annual returns of up to 70%. The staking yield is influenced by the TORN/ETH exchange rate and the volume of mixed withdrawals. The lower the TORN/ETH rate, the higher the yield; similarly, the higher the withdrawal volume, the higher the yield. Therefore, theoretically, no matter how high the purchase price of TORN, staking rewards will eventually result in returns, even if the token price drops.
Before the U.S. court ruling, I tweeted on October 30 that after the sanctions, my account funds have lost 90%, leaving me with only 40,000 RMB. At that time, I was in despair. However, through staking, liquidity provision, and buy-low-sell-high strategies, my 40,000 RMB grew to over one million in two years. Thus, TORN is currently one of the most cost-effective and promising small-cap tokens in the entire blockchain space. The continuous transaction fee income guarantees that even if TORN is bought at high prices, it will not be trapped.
Additionally, Tornado Cash is the core of Ethereum's privacy system and a leader in the space. In the future, Tornado Cash will play a crucial role in providing privacy for major blockchains like Ethereum, Binance Smart Chain, and others. This will ensure that everyone can have privacy and the right to keep their activities confidential, which is highly significant! Since Coinbase has been a strong supporter of the lawsuit against the U.S. Treasury, there is a chance that TORN will be listed on Coinbase in the future. TORN may even be the only token to be re-listed on Binance after being delisted.
As of now, most people have not yet realized the importance of this ruling, nor the value of the TORN token. Two years ago, after Tornado Cash was sanctioned, the price of TORN dropped to as low as $1.25, and many people sold it off like trash. I, however, picked up each token like a treasure. In the two years since the sanctions, while the token price remained relatively stable, staking rewards provided generous returns, turning the losses from the price drop into profits. After the sanctions are lifted, the returns will grow exponentially (in USD terms). Currently, TORN has full circulation, with a price of $14 and a market cap of only $60 million. Given TORN's grand narrative, its market cap should eventually rank among the top 30 tokens by market cap, with a floor price of $5 billion. This means there is still 100x potential for price growth. The lowest point has passed, and things will only get better from here. This token is worth holding long-term, and everyone can buy a few based on their own situation. Even if the token price drops, staking rewards will ensure a return. Because the sanctions have not been lifted yet, the liquidity of DEX is low. However, once the sanctions are lifted, things will gradually improve.
ETH Chain, Contract Address: 0x77777FeDdddFfC19Ff86DB637967013e6C6A116C
DEX：
https://www.okx.com/web3/dex-swap
https://www.sushi.com/ethereum/swap
https://kyberswap.com/swap/ethereum
CEX：
https://www.mexc.com/exchange/TORN_USDT
For staking
tutorials, please see the pinned links in the official groups：
Chinese Group (CN)：https://t.me/tornadocashcn
English Group (EN)：https://t.me/TornadoCashOfficialDAO
Tornado Cash: A Decentralized Privacy Protocol for Ethereum Transactions
Key Features:
Privacy Protection: Tornado Cash allows users to deposit tokens into smart contracts and withdraw them at any time. Upon deposit, the tokens are mixed with those of other users, ensuring the privacy of the depositors' identities and transaction flows.
Decentralization: The protocol relies on smart contracts and the consensus algorithm of the Ethereum network to ensure the reliability and security of transactions. This decentralized feature provides users with enhanced security and trust.
What Happened:
Tornado Cash is one of the most infamous (and well-known) coin mixers in history. Since its inception in 2019, it quickly became the largest mixer on the Ethereum blockchain by Total Value Locked (TVL), reaching a peak TVL of $1.1 billion and currently maintaining $641 million. The second-largest mixer, Railgun, has a TVL of only $77 million, a fraction of Tornado Cash’s. Due to its convenience, efficiency, and decentralization, Tornado Cash attracted a large amount of funds into its mixing services. In blockchain hacking events, over 80% of stolen funds eventually flowed into Tornado Cash, including about $3 billion stolen by the North Korean hacker group Lazarus in recent years. This demonstrates that Tornado Cash is the most popular mixer among hackers, with its security being widely acknowledged by the hacking community.
In August 2022, the U.S. Department of the Treasury sanctioned Tornado Cash and banned U.S. citizens from using it. This led to a significant drop in Tornado Cash’s TVL. Major exchanges halted deposits of mixed funds, and network service providers such as RPC and subgraph services began to restrict Tornado Cash’s user interface (UI). Major exchanges delisted the TORN token, and UNI restricted TORN token swaps on its front-end. The two founders of Tornado Cash, Alex and Roman, faced trials in the Netherlands and the U.S. This marked the darkest two years for Tornado Cash.
During these two years, Tornado Cash underwent a "decoupling test" of decentralization. In other words, just as Bitcoin continued to function after Satoshi Nakamoto left, and Ethereum continued after Vitalik Buterin’s departure, the protocol's resilience was tested after its development team dissolved. The result was clear: despite the UI being banned, hackers directly interacted with the on-chain smart contracts to mix funds, and the sanctions had little impact on these "core users." Tornado Cash passed this test, with its TVL recovering from a low of $160 million in September 2022 to its current $641 million, a fourfold increase from its lowest point.
Despite the founders' arrests, UI restrictions, and exchanges blocking deposits, Tornado Cash endured the toughest U.S. sanctions thanks to its highly decentralized smart contracts. Even the mighty U.S. government was unable to shut it down, and Tornado Cash survived.It continues to be the go-to option for large-scale mixing and remains the hacker’s favorite. Of course, the community does not support hackers using the mixer; what they support is privacy.
Since the sanctions, some users of Tornado Cash have filed lawsuits against the U.S. Treasury. Plaintiffs include security audit teams, Coinbase, CoinCenter, hardware wallet developers, and client-side developers. On November 27, 2024, the U.S. Fifth Circuit Court of Appeals ruled that the Treasury's sanctions on Tornado Cash violated the International Emergency Economic Powers Act (IEEPA), because immutable smart contracts do not meet the definition of "property." The court ruled that these smart contracts are decentralized, self-executing, and uncontrollable code, and therefore should not be sanctioned. The court also stated that while technology can be misused, administrative agencies have no authority to extend sanctions beyond what the law allows. Although hackers used Tornado Cash, this should not be grounds for sanctioning the entire protocol.
What Does This Mean?
Coinbase’s Chief Legal Officer, Paul Grewal, stated, "Tornado Cash will be removed from the sanctions list, and Americans will once again be allowed to use this privacy-protecting protocol. In other words, the government’s overreach will not continue."
In my view, this ruling is a significant event in the history of blockchain, representing a historic victory for cryptocurrency enthusiasts and those who defend privacy and freedom. The significance of this ruling is not only in the legality of the privacy tools behind Tornado Cash but also in drawing clear legal boundaries for the development of decentralized technologies. The unique nature of immutable smart contracts was deeply examined in this case, and the court’s decision provides crucial judicial support for the legal use of similar technologies in the future.
Code is innocent, privacy is innocent: the ruling on Tornado Cash is an important turning point for cryptocurrency regulation. It marks not an endpoint but a new beginning for decentralization and privacy protection. This ruling will bring about a new era for the entire crypto ecosystem, with positive implications for various DeFi projects and Ethereum developers.
About the TORN Token:
TORN is the governance token for Tornado Cash. Although Tornado Cash’s mixing contracts cannot be modified, the TORN token plays a role in UI maintenance, governance auditing, and relay fees. The TORN token is currently priced at $14, with a total circulation of 10 million tokens (5 million of which are locked in the DAO and can only be unlocked through a vote). The circulating market cap is $60 million. After the court ruling, OFAC has a three-month period to appeal, but the outcome is likely set. The next step will be the lifting of the Tornado Cash sanctions.
Although some regulatory oversight may remain, the usage of Tornado Cash is expected to increase significantly, and restrictions from exchanges, UNI, and network service providers will gradually be lifted.
Why TORN Could Be a 100x Token:
Relayers purchase TORN as transaction fees and stake them (non-refundable). During the mixing process, relayers charge about 0.4% in fees from users, and subsequently, 0.3% of the mixed funds are distributed to TORN stakers in TORN tokens (refundable). Therefore, TORN is not a "PVP" token; it is a utility token. As long as the mixer is used for withdrawals, there will be continuous buying pressure, creating a positive feedback loop.
Even during the two years of sanctions, due to the widespread use of the mixer, staking TORN yielded annual returns of up to 70%. The staking yield is influenced by the TORN/ETH exchange rate and the volume of mixed withdrawals. The lower the TORN/ETH rate, the higher the yield; similarly, the higher the withdrawal volume, the higher the yield. Therefore, theoretically, no matter how high the purchase price of TORN, staking rewards will eventually result in returns, even if the token price drops.
Before the U.S. court ruling, I tweeted on October 30 that after the sanctions, my account funds have lost 90%, leaving me with only 40,000 RMB. At that time, I was in despair. However, through staking, liquidity provision, and buy-low-sell-high strategies, my 40,000 RMB grew to over one million in two years. Thus, TORN is currently one of the most cost-effective and promising small-cap tokens in the entire blockchain space. The continuous transaction fee income guarantees that even if TORN is bought at high prices, it will not be trapped.
Additionally, Tornado Cash is the core of Ethereum's privacy system and a leader in the space. In the future, Tornado Cash will play a crucial role in providing privacy for major blockchains like Ethereum, Binance Smart Chain, and others. This will ensure that everyone can have privacy and the right to keep their activities confidential, which is highly significant! Since Coinbase has been a strong supporter of the lawsuit against the U.S. Treasury, there is a chance that TORN will be listed on Coinbase in the future. TORN may even be the only token to be re-listed on Binance after being delisted.
As of now, most people have not yet realized the importance of this ruling, nor the value of the TORN token. Two years ago, after Tornado Cash was sanctioned, the price of TORN dropped to as low as $1.25, and many people sold it off like trash. I, however, picked up each token like a treasure. In the two years since the sanctions, while the token price remained relatively stable, staking rewards provided generous returns, turning the losses from the price drop into profits. After the sanctions are lifted, the returns will grow exponentially (in USD terms). Currently, TORN has full circulation, with a price of $14 and a market cap of only $60 million. Given TORN's grand narrative, its market cap should eventually rank among the top 30 tokens by market cap, with a floor price of $5 billion. This means there is still 100x potential for price growth. The lowest point has passed, and things will only get better from here. This token is worth holding long-term, and everyone can buy a few based on their own situation. Even if the token price drops, staking rewards will ensure a return. Because the sanctions have not been lifted yet, the liquidity of DEX is low. However, once the sanctions are lifted, things will gradually improve.
ETH Chain, Contract Address: 0x77777FeDdddFfC19Ff86DB637967013e6C6A116C
DEX：
https://www.okx.com/web3/dex-swap
https://www.sushi.com/ethereum/swap
https://kyberswap.com/swap/ethereum
CEX：
https://www.mexc.com/exchange/TORN_USDT
For staking
tutorials, please see the pinned links in the official groups：
Chinese Group (CN)：https://t.me/tornadocashcn
English Group (EN)：https://t.me/TornadoCashOfficialDAO
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