.semenov_roman_ says that mixers like Tornado Cash are the latest frontier in the digital privacy debate. By thesamreynolds
In an interview with CoinDesk, co-founder, Roman Semenov said that the team has little control over what its users do with the protocol as it's designed to be autonomous and outside of the control of developers.
“The protocol was specifically designed this way to be unstoppable, because it wouldn't make much sense if some third party [like developers] would have control over it. This would be the same as if someone had control over Bitcoin or Ethereum,” he told CoinDesk.Tornado Cash isn’t the first service to offer users the ability to mix, or tumble, their crypto.
However, Larry Dean Harmon, the service’s operator, pled guilty and the prosecution never had to prove its case, meaning there isn’t precedent that can say with certanty, “This is money laundering.”“Law enforcement usually knows that the developers don't have any ability to assist with an investigation or change the protocol,” he told CoinDesk.
Semenov said that the debate about the limits of digital privacy isn’t anything new. It’s always flared up any time new encryption technology has become available to retail users.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
New tax rules might apply to you if you're getting paid on Venmo, Cash AppIf you use payment apps like Venmo, PayPal or CashApp, 2022 ushered in a change to an IRS tax rule that could apply to some of your transactions.
Les mer »
10 proptech lawyers minting big deals and helping startups raise cashInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »
Army of millionaires flood Senate map in cash - POLITICOMonths before the first Senate primary vote will be cast this year, there’s a spending spree unrivaled by any election cycle in history
Les mer »
Man arrested for stealing husky puppies, cash from pet grooming salonRodney Jackson, 50, is facing charges of breaking and entering, grand larceny, grand larceny with intent to sell, and animal larceny.
Les mer »
Study: Cash aid to poor mothers improved babies' brain functioningA new study found that providing cash aid to poor mothers increased brain function in babies — a finding that could potentially have social policy implications.
Les mer »
New tax rules might apply to you if you're getting paid on Venmo, Cash AppThe new rules make it harder for someone to evade existing taxes owed if they're getting paid through an app for business transactions.
Les mer »