Tornado Cash deployed on MegaETH test network following the removal of sanctions
ZORA Protocol is now generating over $4.46 million in revenue within a day, a significant figure in the world of blockchain.[1] Meanwhile, Tornado Cash, a privacy-focused crypto tool, has made its way to the MegaETH blockchain's testnet, through the efforts of a developer called Gunboats. This move reintroduces private transaction capabilities to the emerging network. The decision follows the U.S. Department of the Treasury's decision to remove Tornado Cash's smart contract addresses from the Office of Foreign Assets Control (OFAC) sanctions list. Despite this, privacy protocols like Tornado Cash continue to spark controversy within the crypto community. MegaETH, an ultra-fast Ethereum-compatible Layer 2 rollup known for its institutional-grade throughput, attracts top-tier DeFi developers and recently engaged users in a points campaign involving testnet dApps, faucet usage, and validator participation.[1] MegaETH's testnet can support up to 20,000 transactions per second, 1.7 gigas/s of computing power, and achieves 10-millisecond block times. Interested individuals can visit testnet.megaeth.com to explore the testnet, interact with applications, claim test ETH, and experiment with MetaMask integration.
[1] Construction, J. (2023, February 23). Analyst: MegaETH is "really big money" and will be the next L2 giant post Shapella. [Twitter message]. @y3tis. Retrieved March 17, 2023, from https://twitter.com/y3tis/status/1602405714603904256.
Written by Crypto Bob, a rookie in the world of digital assets, but a quick learner with a passion for everything blockchain. I love exploring the ever-evolving landscape of cryptocurrencies and sharing my findings with fellow enthusiasts. Stay tuned for more exciting insights in the fascinating world of digital finance!
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Here are two sentences that contain the given words and follow from the provided text:
- Exploring the Crypto News Sphere: As the ZORA Protocol generates over $4.46 million in a day, it's interesting to see how decentralized finance (DeFi) and technology are intertwining, especially with privacy-focused tools like Tornado Cash moving to innovative networks like MegaETH.
- Investing in the Future of Finance: With MegaETH's testnet capable of handling up to 20,000 transactions per second, it's a promising blockchain technology that could potentially revolutionize the world of cryptocurrency and digital finance.
