Weekly Roundup 08/12/22 (Tornado Cash OFAC'd, Dai reconsiders USDC, Merge scheduled) (EP.339)
Matt and Nic return for another week of deals and news. In this episode: Underwhelming Taproot adoption Tornado Cash gets sanctioned by OFAC Is Tornado a better mixer than coinjoin Why the Tornado Cash sanctioning is the first of its kind How much of the liquidity in Tornado Cash was illicit? Are we at a turning point in financial privacy? Why was Tornado Cash specifically targeted and not other mixers Account-based versus UTXO systems and their effect on your ability to segregate funds Can you really sanction a blockchain or smart contract? The crypto wars of the 90s continue Is Ethereum the biggest crypto platform for privacy today? Is Dai at risk from USDC? The Merge finally gets a launch date BlackRock launches a Bitcoin spot trust Sponsor notes: Subscribe to the Coin Metrics State of the Network newsletter