1 year ago
Web3 task builder Chainway launched a caller protocol called “Proof of Innocence” connected Jan. 18, which allows Tornado Cash (TORN) users to payment from other anonymity portion proving that their funds are not stolen.
With this protocol, Tornado Cash users are capable to beryllium that their funds didn’t travel from immoderate sanctioned oregon blacklisted addresses without revealing their identity.
The announcement station summarizes the relation of the protocol by stating:
“The “Proof of Innocence” protocol adds an further furniture to this process by allowing users to beryllium that their committedness is not successful a fixed database of commitments. This helps to guarantee that the idiosyncratic is not a hacker oregon different atrocious histrion who has been sanctioned oregon flagged for amerciable activities.”
How it works
According to Chainway’s announcement blog post, users tin initiate this protocol erstwhile they privation to retreat funds from Tornado Cash.
Proof of Innocence – How it works? – (Source: Chainway)Users tin supply zero-knowledge impervious showing that the funds they privation to retreat are securely held wrong Tornado Cash. The zero-knowledge impervious excludes the archetypal code of the users’ funds utilizing a Merkle-tree information structure, which allows the tracking of the inputting code without revealing the holders’ identity.
The protocol is accessible connected GitHub and presently lone works with Tornado Cash.
The station Chainway launches Proof of Innocence protocol for Tornado Cash users appeared archetypal connected CryptoSlate.
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