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What is TORN (TORN)?
Tornado Cash is a fully decentralized, non-custodial privacy solution developed on the Ethereum blockchain for Ethereum users.
Tornado Cash behaves as a complex token mixer, meaning the primary utility of the protocol is to break a link in on-chain activity to improve transaction privacy between a recipient and the destination address.
Each time a user makes a deposit into the Tornado Cash dApp, the platform generates a secret hash that is given to the user. After 24 hours have passed, the user can withdraw their initial deposit to a separate wallet by providing the secret hash they received earlier to complete the transaction and transfer their funds.
TORN is the native ERC-20 token of Tornado Cash. TORN holders are allowed to participate in the protocol's proposals and changes.
TORN FAQ
- Cryptocurrencies, such as TORN, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
- Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as TORN have been created as well.
- Check out our TORN price prediction page to forecast future prices and determine your price targets.