Vitalik Buterin and Jacob Illum Release "Compliant" Version of Tornado Cash

In a move that has been met with both praise and criticism, Ethereum co-founder Vitalik Buterin and Chainalysis researcher Jacob Illum have released a "compliant" version of Tornado Cash.
Tornado Cash is a popular decentralized mixing protocol that allows users to obfuscate the source and destination of their transactions. This makes it difficult for law enforcement and other third parties to track the movement of funds.
The new version of Tornado Cash, called Tornado Cash+, is designed to be more compliant with regulations. It does this by requiring users to provide more information about their transactions, such as their identity and the purpose of the transaction.
Buterin and Illum argue that Tornado Cash+ is a necessary step in order to make the protocol more widely adopted. They believe that the increased compliance will make it easier for businesses and institutions to use Tornado Cash, without fear of violating regulations.
However, some critics have argued that the new version of Tornado Cash is not truly compliant. They point out that the information that users are required to provide is still not enough to identify them definitively.
Only time will tell whether Tornado Cash+ will be successful in attracting more users and becoming more widely adopted. However, it is clear that Buterin and Illum are committed to making the protocol more compliant, in order to make it a more viable option for businesses and institutions.
Here are some of the key features of the new version of Tornado Cash:

• Users must provide more information about their transactions, such as their identity and the purpose of the transaction.
• The protocol is designed to be more transparent, so that law enforcement and other third parties can more easily track the movement of funds.
• The protocol is still decentralized, so users retain control over their funds.

The release of the new version of Tornado Cash is a significant development in the world of cryptocurrency. It remains to be seen whether the protocol will be successful in attracting more users and becoming more widely adopted. However, it is clear that Buterin and Illum are committed to making the protocol more compliant, in order to make it a more viable option for businesses and institutions.