The early contributor of Tornado Cash built a new crypto mixer called Privacy Pools that addresses the regulators’ concerns.
Ameen Soleimani, one of the early contributors to Tornado Cash, claims to have ថេរ the flaws of the crypto mixer with Privacy Pools. The new mixer uses ចំណេះដឹងសូន្យ (ZK) Proof, through which users can explain that their withdrawals are not part of the illicit transactions.
The Decentralized Autonomous Organization (ឌីអូ), MolochDAO, supported the developers in building Privacy Pools, taking inspiration from Vitalik Buterin’s idea. The Ethereum co-founder also suggested Stealth Wallets, which could offer privacy on Ethereum.
The Privacy Pools Demo
Soleimani wants to normalize the privacy of blockchain users. He told ខ្សែ, “My goal is to have a privacy tool that I can use, as an American citizen. This has always been my goal—it was the goal when we made Tornado Cash in the first place. My friends and I think privacy is normal. Someday you will too.”
The demo version of Privacy Pools is live, and Soleimani shared a tutorial video explaining the mixer.
Source: https://beincrypto.com/tornado-cash-2-0-privacy-pools-money-launders-at-bay/