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Reviews for Tornado Cash
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Alex Van De Sande on Tornado Cash UX Designer at the Ethereum Foundation
The issue with Tornado Cash right now is the low [anonymity] set. At the lowest denomination, it has only ~1400 nodes, down to 50 for high values. A thousand or so accounts is probably identifiable with some work–and a bad actor could easily flood it with fake notes so it seems higher.
Suppose a bad actor generates 20k tornado cash notes of 1 ether. Now the anonymity set looks large, but in reality it's 99% compromised and the actor only needs to track about 250 accounts to try to id them.
(Ironically, if there are competing big trackers, it becomes safer!)
Full review2020-01-13
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Vitalik Buterin on Tornado Cash Creator of Ethereum
I support tornado.cash [because] we should all have multiple addresses and outside of where we want to identify ourselves we should strive for at least one address per application we interact with.
Full review2019-11-12
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Spencer Noon on Tornado Cash Investor at DTC
Tornado Cash brings privacy to Ethereum
- Deposit ETH to one address
Full review
- Withdraw ETH to another address
- Untraceable using Zk-SNARKs2019-07-25
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The amount you can safely mix [on Tornado] will increase with usage but there will always be a cap. And honestly that's probably a good thing; wealthier actors (both individuals and large orgs) having more difficulty evading financial scrutiny than smaller actors seems optimal.
Full review2019-12-28
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Gavin Andresen on Tornado Cash Former lead developer of Bitcoin Core
Tornado is a smart contract running on Ethereum.
When I say smart, I mean really wicked-smart; it uses “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge” cryptography (ZkSNARK) so the ether (or tokens) deposited into the contract can’t be linked to those that are withdrawn.
But… I won’t be surprised if there is a paper at the Financial Cryptography 2023 conference showing that 85% of tornado usage was not private; not because the cryptography is broken, but because it is really hard for mere mortals to use something like tornado (or CoinJoin or other similar technologies) in a way that doesn’t leak information about their wallet. The tornado developers wrote an article with tips to help maintain privacy, but I think 62% of their users won’t read it and another 25% will read it and then immediately do something the article says you shouldn’t do.
I think the mistake most people will make is to think that they can run a bunch of ETH through tornado into a new wallet and end up with “a private wallet.” So imagine you start with 117 ETH you bought on an exchange and moved to a wallet that you control. On the ethereum blockchain that is a balance of 117 ETH in some address– lets call it 0xabc.
Full review2020-01-13