Derecho: Privacy Pools with Proof-Carrying Disclosures

ePrint Report: Derecho: Privacy Pools with Proof-Carrying Disclosures

Josh Beal, Ben Fisch

A privacy pool enables clients to deposit units of a cryptocurrency into a shared pool where ownership of deposited currency is tracked via a system of cryptographically hidden records. Clients may later withdraw from the pool without linkage to previous deposits. Some privacy pools also support hidden transfer of currency ownership within the pool. In August 2022, the U.S. Department of Treasury sanctioned Tornado Cash, the largest Ethereum …

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