Why don't some crypto investors trust Tornado Cash's code?

3 answers

• Johnston LodbergJul 30, 2020 · 5 years ago
  Some crypto investors may not trust Tornado Cash's code due to concerns about its security and vulnerability to attacks. They may worry that the code has not been thoroughly audited or that there are potential loopholes that could be exploited by hackers. Additionally, the anonymity provided by Tornado Cash may raise suspicions among investors who are cautious about the potential for money laundering or illegal activities. Overall, the lack of trust may stem from a combination of technical concerns and regulatory uncertainties.
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• Shyamsundar SodariApr 26, 2024 · a year ago
  Tornado Cash's code has undergone multiple audits by reputable security firms, which should provide some assurance to investors. However, it's important to note that no code is completely immune to vulnerabilities, and there is always a risk involved in using any decentralized application. It's up to each individual investor to assess the level of risk they are comfortable with and make their own decision whether to trust Tornado Cash's code or not.
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• Owen GenzlingerMay 19, 2024 · a year ago
  As a representative of BYDFi, I can assure you that our platform has implemented strict security measures to protect user funds and ensure the integrity of our code. While we cannot speak for other investors, it's important to do thorough research and due diligence before trusting any crypto project. Tornado Cash's code has been audited and has a strong community backing, but it's always wise to exercise caution and make informed decisions when it comes to investing in the crypto space.
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