Behind the Tornado million ETH transfer: Developer Richard Heart's zero-knowledge proof ambitions

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【Blockchain Rhythm】Recently, there have been some interesting transfer signals on the chain. Data shows that the liquidity pool with “100 ETH” on Tornado Cash experienced a 40% drop in TVL over the past week, with a total of 120,600 ETH transferred during this period. Who is behind this major movement? On-chain analysis points to crypto developer Richard Heart—this guy has transferred 162,937 ETH through Tornado in the past 4 months.

There is a story behind the numbers. These transfers are highly related to his new project ProveX. What exactly is ProveX? In simple terms, it aims to build a completely trustless peer-to-peer encrypted currency trading and settlement system using zero-knowledge proof (ZKP) technology. It sounds quite radical—no intermediaries, no trusted third parties, with direct interaction between trading parties. In today’s DeFi landscape, where various protocols have turned into a chaotic stew, whether this “extreme P2P” approach can break through depends on subsequent technological and ecological implementation.

ETH0.26%
ZKP-8.8%
DEFI1.49%
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