- This will isolate criminals from other users.
- In fact, the concept is an analogue of Proof of Innocence
- The new mixer is in test mode
- Its source code is available on GitHub
At the end of February, SpankChain and Reflex Labs co-founder Amin Soleimani said he was working on a new project. Judging by the announcement, it was about the “ideological continuation” of Tornado Cash. The project was named Privacy Pools.
At that time, little was known about the development of the application. Funding for the project was provided by MolochDAO. And on Sunday, March 5, the developer published source code on GitHub.
The day before, March 4, Soleimani published on Twitter the announcement of the demo version of the project. In it, the developer also made a brief digression into the history of Tornado Cash.
He mentioned the arrest of Pertsev, the developer of the mixer, the blocking of the service and its key problems. According to Soleimani, the main disadvantage of Tornado Cash is that users cannot disprove a potential connection with criminals.
From ourselves, we note that here the developer of Privacy Pools is disingenuous. We previously reported on Chainway’s Proof of Innocence concept, which solves this Tornado Cash problem.
But in the new project, it seems to have been laid down from the very beginning. Privacy Pools allows users to opt out of a data set that contains a suspicious address.
It will be implemented through zero-knowledge proofs (ZK). That is, the privacy of the user’s own data is not threatened by this concept.
Soleimani presents it’s like an opportunity to “assist regulators” in tracking down and blocking suspicious accounts. That is, the new mixer will be more regulated and less anonymous.
The developer hopes this will help isolate those who “abuse privacy.” These include, for example, hackers.
So far, the Privacy Pools project is working in test mode. The first version was launched based on Optimism. Soleimani promises to “finish” the service in the near future.