A Forked Currency Application of Tornado Cash Launches into Optimism

03/06/2023 01:12 • Daily Digest • 92 views

It is reported that Ameen Soleimani, an early contributor of Tornado Cash, tweeted that the Primacy Poolsv0, a forked currency application of Tornado Cash, has now been launched into Optimism, and said that this is an experimental code that has not been audited and is not trusted in trusted settings. MolochDAO is planning to provide follow-up funding for future development.

Tornado Cash Bifurcation Mixed Currency Application Primacy Poolsv0 is now online Optimism

Interpretation of the news:

Tornado Cash, a privacy-focused platform for anonymous transactions on the Ethereum network, has been gaining popularity amongst crypto enthusiasts. Ameen Soleimani, an early contributor to the platform, recently tweeted about the launch of Primacy Poolsv0, a forked currency application of Tornado Cash that has been introduced in Optimism. While this news may excite some, Soleimani himself has stated that the code is experimental and has not been audited. He also added that the code should not be trusted in trusted settings.

Optimism is a technology that was created to help scale Ethereum, enabling developers to build faster and more efficient applications. The platform offers users lower gas fees, faster transaction times, and scalability. With the launch of Primacy Poolsv0 on Optimism, Tornado Cash users now have a new option to make anonymous transactions on the Ethereum network.

However, the warning from Soleimani is a cause for concern for users who may be looking to use the new application. It is important to note that while Primacy Poolsv0 is based on Tornado Cash, it is a forked application, which means that it has been modified and may not offer the same level of security and anonymity as the original platform. Furthermore, the fact that the code has not been audited means that there could be potential vulnerabilities that have not been identified.

Despite these concerns, MolochDAO, a decentralized autonomous organization focused on funding open-source projects, has announced plans to provide follow-up funding for the future development of Primacy Poolsv0. This is good news for those who are interested in the platform, as it indicates that there will be ongoing support and development.

In conclusion, the launch of Primacy Poolsv0 on Optimism offers a new option for users looking to make anonymous transactions on the Ethereum network. However, the fact that the code is experimental and has not been audited should not be ignored. It is important for users to conduct their due diligence and fully understand the risks associated with using the platform. The support from MolochDAO is a positive sign, but users should proceed with caution.

Overall, the message highlights the launch of a new forked currency application of Tornado Cash that has been launched on Optimism, but raises concerns about the experimental code and lack of auditing. It also reports on MolochDAO’s plans to provide funding for future development of the platform.

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A Forked Currency Application of Tornado Cash Launches into Optimism

Tornado Cash Bifurcation Mixed Currency Application Primacy Poolsv0 is now online Optimism

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