RATE Group | Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts
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Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts

24 May Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts

Posted at 05:28h in Cryptocurrency News by

Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21.

While the project has extolled the virtues of immutability and declared that “code is law,” many within the Ethereum (ETH) community are advising against depositing funds into the protocol.

Tornado.cash opts for complete immutability

Tornado notes that “[t]here are pros and cons” to its dedication to immutability, declaring heightened decentralization and the inability for smart contracts to be altered as positive virtues of the protocol.

However, the developers concede that “the tornado.cash team is also not able to protect the users from bugs anymore.” In the post announcing the transition to full immutability, the firm also recommends that users consider seeking insurance coverage on their funds.

Despite removing their hands from the version of the Tornado.cash protocol, its developers will turn their attention…

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