【Block Beats】Recently, some interesting transfer signals have appeared on-chain. Data shows that the liquidity pool of “100 ETH” scale on Tornado Cash has seen its TVL plummet by 40% over the past week, during which a total of 120,600 ETH were transferred. Who is behind this major move? On-chain analysis points to crypto developer Richard Heart—this fellow has transferred 162,937 ETH through Tornado in the past 4 months.
There’s a story behind the numbers. These transfers are highly correlated with the new project ProveX he is incubating. What exactly is ProveX? Simply put, it aims to build a completely trustless peer-to-peer cryptocurrency trading and settlement system using zero-knowledge proof (ZKP) technology. It sounds quite radical—no intermediaries, no need to trust third parties, with transaction counterparties interacting directly. In an era where DeFi has already been hyped into a mess by various protocols, whether this “ultimate P2P” approach can break through remains to be seen in terms of subsequent technology and ecosystem implementation.
Tornado上百万ETH大転送の背後：開発者Richard Heartのゼロ知識証明野心
【Block Beats】Recently, some interesting transfer signals have appeared on-chain. Data shows that the liquidity pool of “100 ETH” scale on Tornado Cash has seen its TVL plummet by 40% over the past week, during which a total of 120,600 ETH were transferred. Who is behind this major move? On-chain analysis points to crypto developer Richard Heart—this fellow has transferred 162,937 ETH through Tornado in the past 4 months.
There’s a story behind the numbers. These transfers are highly correlated with the new project ProveX he is incubating. What exactly is ProveX? Simply put, it aims to build a completely trustless peer-to-peer cryptocurrency trading and settlement system using zero-knowledge proof (ZKP) technology. It sounds quite radical—no intermediaries, no need to trust third parties, with transaction counterparties interacting directly. In an era where DeFi has already been hyped into a mess by various protocols, whether this “ultimate P2P” approach can break through remains to be seen in terms of subsequent technology and ecosystem implementation.