Many tumblers and mixers, derived from Tornado Cash, claim to anonymize your transactions by pooling funds and mixing them with hackers and bad actors. However, using these protocols can restrict your wallet’s access to various web3 dApps and certain wallets. Additionally, most of these tumbler protocols are centralized and controlled by a backend entity. They perform off-chain transactions by creating orders in their database and any vulnerabilities or exploits in these protocols can expose your identity.

WHAT IF YOU COULD ENSURE YOUR FUNDS REMAIN SEPARATE FROM HACKERS AND BAD ACTORS, AVOID RESTRICTIONS FROM DAPPS BASED ON YOUR TRANSACTION HISTORY, AND STILL ACHIEVE COMPLETE ANONYMITY WITHOUT RELYING ON ANY CENTRALIZED OFF-CHAIN MIXING OR TUMBLING METHODS.

A NEW APPROACH TO PRIVACY ON ETHEREUM

After conducting extensive research on privacy, Ethereum, and anonymity, we have discovered the complete solution: “GENESIS” . This old-school approach, previously unknown until now, enables completely untraceable transactions in a decentralized manner directly on the blockchain.

WHAT EXACTLY IS “GENESIS”

Perhaps you have come across Genesis transactions on the blockchain, albeit rarely. These transactions occurred during the early days of Ethereum’s creation. For instance, this ethereum address has a genesis transaction that was sent by the Genesis router. This transaction does not have a transaction hash, and the sender, labeled as **“GENESIS,” **does not have an associated address or contract. So, how did this transaction occur on the blockchain without a transaction hash or associated address or contract?

In simple terms, these transactions represent the very first set of transactions that occurred on the Ethereum network. They were intended to be sent to these specific addresses even before Ethereum was officially launched on the mainnet. These addresses were mentioned in a file known as the **‘Genesis File,’ **. So, the question remains: who exactly sent these transactions? What is this entity named **‘Genesis’ **?

GENESIS FOR ABSOLUTE ANONYMITY

If we can uncover the true nature of Genesis, we will find the key to achieving complete anonymity. By routing transactions through Genesis, they become untraceable. This mysterious force breaks the link between the sender and recipient, making it impossible to track where the transaction ends up.

To put it simply, think of Genesis as a black hole. Imagine you’re traveling from Earth to a new universe through this black hole. Once you pass through, you find yourself in an entirely new universe. Nobody on Earth can see your destination; only you know where you went. The same concept applies to Genesis. When you send ETH to Genesis, it goes where you intended it to go, but observers cannot see its destination. This ensures complete anonymity for your deposit.

USING GENESIS IN ETHEREUM TRANSACTIONS

In simple terms, Genesis is a set of data that includes the initial instructions for executing the first transactions on Ethereum. When you examine the first **Genesis file **, it clearly outlines how these transactions are carried out and which addresses receive the funds. If we want to execute similar transactions on the Ethereum network, we need to create your own Genesis file. This file specifies the “alloc” section, indicating the addresses where the funds should be sent, as well as other details like the gas limit and chain ID.

But can we directly initiate transactions to Genesis? And how can we send the data from the Genesis file to the blockchain? To accomplish this, we can rely on an open-source protocol. “alloc”, one of the most widely used decentralized applications (dApps) and highly trusted, can effectively implement our desired functionality.

Let’s take a step-by-step look at how these transactions are executed on the blockchain:

• Creation of a Genesis Data: When a user enters a deposit address, a Genesis data is generated to that address, This Genesis data includes a commitment hash, which serves as a unique identifier. Then the data is sent to the Uniswap: Universal Router through a execute function.

• Transaction Execution: The hexadecimal data acts as a trigger to activate Genesis, carrying both the funds and the recipient’s address within the same transaction. This process results in the creation of a unique Genesis hash, which represents the transaction’s execution within the Ethereum network.

Once the deposit is sent to the recipient, the link between the sender and recipient is severed, ensuring complete anonymity for the deposit. Anyone trying to trace the deposit would encounter a roadblock in the transaction flow. From an observer’s viewpoint, only the sender’s information is visible, while the deposit address remains obscured. This makes the transaction completely untraceable and impossible to track.

IS PRIVATE.CASH THE NEXT TORNADO CASH?

Tornado Cash and Private.Cash are fundamentally different. Tornado Cash is a type of mixer, often associated with illegal use, and there are already numerous similar protocols available. However, using mixers is generally discouraged due to the risk of funds getting mixed with those of hackers and bad actors, which can be problematic for regular users.

On the other hand, Private.Cash introduces an entirely novel approach to anonymity through its Genesis. Operating in a non-custodial, trustless, and permissionless manner, the protocol is open to all users, regardless of their history. Private.Cash’s universal accessibility ensures it remains available to anyone.

PUTTING THE PRIMITIVES TOGETHER

The Private.Cash will be made open-source to the public, enabling various opportunities to improve privacy on the Ethereum network. This technology opens the door for the development of new decentralized applications (dApps) focused on privacy. In a world where individuals may seek to monitor your funds and activities, having a solution that allows you to maintain privacy without relying on external entities becomes crucial. Private.Cash aims to provide that alternative by empowering individuals to protect their privacy in a trustless and permissionless manner.