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In this video, we will unveil how Tornado Cash works including the smart-contracts, what are the benefits and risks of using it, and how it compares to other privacy protocols. We will What is a ZK-SNARK and how does it enable private transactions? What are Merkle trees and how do they help verify proofs and much more!
00:02:15 What is a ZK-SNARK?
00:05:20 Merkle trees
00:07:45 How Tornado Cash works
00:10:30 Secret and nullifier
00:15:30 Submitting the proof
00:17:05 How the proof is generated
00:18:40 Replay attacks
00:21:25 The withdrawal process
00:26:02 Recent governance hack
00:26:50 Tornado Cash smart contracts
00:27:30 Circom verifier
00:29:40 Tornado.sol
00:32:50 Relayers
00:33:51 Time increases privacy
00:35:20 How Tornado Cash avoids frontrunning
00:37:40 Questions
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