“Tornado [Cash] is dead, but privacy will not die, “said an ether enthusiast at X, after Oxbow’s Ethereum-Privat Life became live on April 1 to ease privacy while dissociating from illegal means.

The feeling is repeated by the early recording for the privacy pool, which has treated 238 user deposits transactions, a total of 67.49 ETH in the first three days. The new tool has received the thumbs of Ethereum founder Vitalik Butterin, who was one of the first to deposit ETH.

These privacy pools utilize zero -characteristics and obligation schemes to facilitate ether deposits and subsequent withdrawals, partial or whole while breaking the connection between deposits and withdrawal addresses. Think about it like having a specialized bank account to send money while hiding your identity or how much money you have.

The architecture includes the contract layer for managing assets, the zero knowledge layer to ensure privacy and association set -of -law provider layer, ensuring compliance with overcoming foundations.

The three layers work together to preserve privacy, while screening transactions for links to illegal actors such as hackers, phishers and scammers. The screening is dynamic, which means that a deposit is accepted, but later they are malicious, it can be removed.

Privacy pools are non-parenting authority, ensuring that users retain full control over their funds, giving even rejected deposits the opportunity to move money back to their original addresses.

Currently, the deposit limits are set between 0.1 ETH and 1 ETH with the promise of increasing the same after the initial match test period.

“This is only the beginning. The way to make privacy again is long and exciting and we can’t do it alone!” 0xbow said on X.