VNDC now supports Tornado Cash Token (TORN) on VNDC Wallet. As soon as TORN is available, users can perform the following functions with TORN:
- Off-chain transactions: Send, receive TORN with other users on the same system.
- Exchange: Swap from VNDC to TORN and vice versa.
About Tornado Cash
Tornado Cash is an unattended decentralized security solution designed to improve the privacy of transactions. To do this, Tornado Cash breaks the on-chain link between the recipient address and the destination address. Tornado Cash uses a smart contract that accepts ETH and ERC-20 deposits. These deposits can be withdrawn using any address on the chain. Whenever assets are departed using a new address, there is no way to link the withdrawal to the deposit, ensuring the privacy of the assets.
Tornado Cash uses a zero-knowledge method (zk-SNARK) to achieve privacy. When a user decides to withdraw, they must prove that they own the code corresponding to one of the smart contract’s deposit lists. The zk-SNARK technology allows this proof to be verified without the user revealing which exact deposit corresponds to their secret. The smart contract then checks the evidence and transfers the deposited funds to the address specified by the withdrawal.
Website: https://app.tornado.cash/
What is TORN token?
TORN is the native governance token of Tornado Cash running on Ethereum platform with ERC-20 standard. TORN is used to vote on changes and to provide input on protocol upgrade decisions.
Specifications:
- Name: Tornado Cash Token
- Symbol: TORN
- Platform: Ethereum
- Standard: ERC-20
- Smart Contract Address: 0x77777feddddffc19ff86db637967013e6c6a116c
- Type: Utility, Governance token
Until today, TORN has been listed on some of the largest cryptocurrency exchanges like Binance, OKEx, HitBTC, ZT, and Hotcoin Global. At the time of writing, TORN is ranked #432 on CoinMarketCap:
TORN Price 1,706,360 VNDC Market Cap 79,196,627 USD 24h Trading Volume 17,267,298 USD Circulating Supply 1,076,773 TORN Max Supply 10,000,000 TORN
Trading TORN on VNDC Wallet
Users can now perform the following features with TORN on VNDC Wallet:
- Off-chain transactions: Send, receive TORN with other users on the same system.
- Exchange: Swap from VNDC to TORN and vice versa.