Tornado cash, taken down by the US government, had a victory in the US Court of Appeals:
Sanctions were unlawful, according to the court.
Taken down by the US government?
According to the Wikipedia, Tornado Cash is an open source, non-custodial, fully decentralized cryptocurrency tumbler that runs on Ethereum Virtual Machine-compatible networks.
But if it is really fully decentralised, then how the US government could take it down?
dyor. It is not available on the website it used to be. But it will come back
A fully decentralised project should have a decentralised website too. Otherwise it is not fully decentralised.
According to gpt:
“While having a decentralized website is a great step toward full decentralization, the real measure of a decentralized project lies in its protocol’s independence from centralized control. Even if the interface is removed, the protocol lives on and remains accessible.”
….
Now,
Research about the court of appeals in the usa and what just happened and you will understand. Even if just the user friendly interface was taken down, bringing it back is a huge deal for privacy advocates.
Look at the price of zcash right now. Above $70 . Crazy. Minutes after my post
Probably the court win boosted the price of these coins.
My 3rd biggest bag