Fast one, Only 10 000 000 Supplies (less than BTC). Bottomed at 100$. This project is a crypto Mixer application to keep anonymity while u send BTC or ETH (Same as Wasabi Wallet). Tornado cash could make a really decent x7 profits.
i suggest to buy it on Uniswap or Poloniex.
What Is Tornado Cash (TORN)? Tornado Cash is a decentralized, non-custodial privacy solution built on Ethereum. It improves transaction privacy by breaking the on-chain link between recipient and destination addresses. Tornado Cash uses a smart contract that accepts ETH and ERC-20 deposits. These deposits can be withdrawn by any on-chain address. Whenever an asset is withdrawn by the new address, there is no way to link the withdrawal to the deposit, ensuring asset privacy.
Tornado Cash uses zero knowledge proofs (zk-SNARKs) to achieve privacy. When a user decides to make a withdrawal, the user must provide proof that he or she possesses a secret corresponding to one of the smart contract’s list of deposits. zk-SNARK technology allows this proof to be verified without the user needing to reveal which exact deposit corresponds to their secret. The smart contract then checks the proof, and transfers deposited funds to the address specified by the withdrawal transaction. Any external observer is unable to determine which deposit this withdrawal is linked to. TORN is Tornado Cash’s native governance token. It’s a fixed-supply ERC-20 token that is used for voting on protocol upgrades and fixes.
Thank you for this! Does it worry you that the Circulating Supply 979,188 / 10,000,000 is just 10% of the total tokens? (max supply is small though!)
thecryer
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@ricardonascimento1, you are 100% right Ricardo, always have to invest a bit with a new project and small marketcap, the circulating supply now is very low, it could means that the Team still have lot of coins in their wallets or perhaps the project is not yet on the full light of the crypto community. i will DYOR more about this project but it's not really easy as it concerns privacy and anonymity. Stay safe always first. Cheers !
ricardonascimento1
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@thecryer, Thanks! Only thing that I'm not sure is the anonymous team of Tornado. There's not much information about the team behind the project so not sure if I should invest or not.
thecryer
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@ricardonascimento1, yeah i checked also but its same as monero, difficult find informations. anon team.
interestingBee77394
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it's now 1.3$ Binance delisted, just bought very small bag Incase near future rise again 😁
thecryer
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@interestingBee77394, it's wise choice. Tornado and Monero are here to say. Privacy, Freedom.
b87654
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Any update on TORN fundamentals? Technical chart shows consolidation and divergent money flow in, suggesting a potential rise (esp now that BTC has awakened)
thecryer
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@b87654, i will check it. i don't know much about Tornado FA, it seems working very good as private token but most of exchanges scare to list this kind of tech. this the main reason of " Lack of Volumes ".
b87654
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Looks like I guessed right! Good thing I also loaded up on TORN that day :)