5min chapter

The Blockchain Socialist cover image

OTNS: DAOs and Decentralized Mafias

The Blockchain Socialist

CHAPTER

The Importance of Privacy Pools

Molok Dowser: I think privacy becomes really important for public blockchains because everything is by default public. Tornado cash had the problem where when you withdraw, you're still contributing to the anonymity set of all of the other potentially illicit sources of funds. Privacy pools has one additional feature. We didn't anticipate it being geopolitically important. we wanted privacy for ourselves and our friends, just for that.

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