Tornado Cash DAO
Tornado Cash is a fully decentralized non-custodial protocol allowing private transactions in the crypto-space. The protocol has been operating on the Ethereum Blockchain since its inception in 2019. It was recently deployed on Binance Smart Chain & Polygon. Tornado Cash is a key player in the crypto ecosystem when it comes to privacy. As of today, the protocol has a Total Value Locked of $500m.Tornado Cash improves transaction privacy by breaking the on-chain link between source and destination addresses. It uses a smart contract that accepts ETH & other tokens deposits that can be withdrawn by a different address. To preserve privacy, a relayer can be used for now to withdraw to an address with no pre-existing balance.The protocol also includes a relayer registry, allowing TORN stakers to earn a share of the protocol fee. The community has a strong weight regarding the evolution of Tornado Cash and the improvement of its features.