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.
 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…
Software Engineer in NYC, interest in blockchain and DeFi