Primacy Poolsv0 Launches on Optimism with MolochDAO Funding

03/06/2023 01:12 • Digital Disruptors • 92 views

It is reported that Ameen Soleimani, an early contributor of Tornado Cash, tweeted that the Primacy Poolsv0, a forked currency application of Tornado Cash, has now been launched into Optimism, and said that this is an experimental code that has not been audited and is not trusted in trusted settings. MolochDAO is planning to provide follow-up funding for future development.

Tornado Cash Bifurcation Mixed Currency Application Primacy Poolsv0 is now online Optimism

Analysis based on this information:

Ameen Soleimani, an early contributor of Tornado Cash, reported the launch of Primacy Poolsv0 on the Optimism network. This comes as MolochDAO provides funding for further development of the experimental code, which has not been audited and lacks trust in secure settings.

Primacy Poolsv0 was designed as a forked currency application of Tornado Cash. The platform provides an additional level of privacy and security to transactions by ensuring they remain untraceable. The launch of Primacy Poolsv0 on Optimism is a great milestone for the platform as it enables users to access the benefits of Tornado Cash on a layer 2 scaling solution that provides faster and cheaper transactions.

However, it is worth noting that the experimental code of Primacy Poolsv0 has not been audited and therefore lacks trust in secure settings. This does not mean the platform is not functional or secure, but it is recommended to use it with caution until it completes a thorough security audit.

Furthermore, MolochDAO has announced funding for future development of the platform, which seeks to improve the functionality, privacy, and security of the platform. This funding will enable constant updates and improvements to ensure that the platform remains secure and user-friendly.

In conclusion, the launch of Primacy Poolsv0 on Optimism showcases the power of Tornado Cash and its commitment to providing a secure and private platform for cryptocurrency transactions. Although the platform’s code is experimental, the provision of MolochDAO funding ensures that it is continuously updated and maintained to provide the best privacy standards for its users.

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