Photo by Mick Haupt on Unsplash

Typhoon.Cash was released less than six days ago and already achieved more than $73m in TVL and over $400k in generated fees. It is built on Tornado.cash with the additional feature of tokenization to trade and reward.

Given its quick success, it might look like a better solution than tornado.cash. However, the following shows major shortcomings and implementation issues. Hence, we believe that it provides less privacy than tornado and more liabilities.

[1] Staking does not contribute to the anonymity set

One may assume that staking contributes to a larger anonymity-set for other users. Intuitively, a user may stake immediately…

Avner

Software Engineer in NYC, interest in blockchain and DeFi

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