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Decentralized Privacy Protocol Privacy Cash Now Live on Solana
Summary: Privacy Cash, a decentralized privacy protocol, is now live on the Solana blockchain, offering privacy transfer services similar to Tornado Cash. The decentralized open-source protocol complies with the regulations of the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and has facilitated over 10,000 SOL in private transactions. Privacy Cash allows users ...
Privacy Cash, a decentralized privacy protocol, is now live on the Solana blockchain, offering privacy transfer services similar to Tornado Cash. The decentralized open-source protocol complies with the regulations of the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and has facilitated over 10,000 SOL in private transactions.
Privacy Cash allows users to deposit SOL into a privacy pool and use zero-knowledge proofs to withdraw SOL from the pool to any receiving address, ensuring that transactions between deposits and withdrawals cannot be linked, thus protecting user privacy.
