4 ms·
>the crime is (certain) financial transactions. So who is the counterparty then? The other random guy(s) who deposited the ETH you end up with? Using the ven
by notch656a 4y ago
>the crime is (certain) financial transactions.
So who is the counterparty then? The other random guy(s) who deposited the ETH you end up with?
Using the venmo analogy, it would be the actual venmo corporate computers EXECUTING the tornado cash program.
It seems a little odd to me here to not hold the people executing the transaction program accountable if it's on the sanction list explicitly noting TORNADO CASH is OFAC sanctioned. Remember those nodes running the ethereum virtual machine are validating and computing the transaction, and thus the entire foundation of ethereum would be guilty per your assessment, no?
- smsm42 4y agoNot every transaction must have a counter-party that is distinct from the initiator. You could transact with yourself, and some form of that may be also illegal - e.g., wash trading or structuring (I am not saying it's how it should be in ideal world, but currently it is definitely the case). > thus the entire foundation of ethereum would be guilty per your assessment, no? No, why would it be? Again, the Ethereum system did not initiate the specific illegal transactions - it was used (without their specific cooperation or knowledge) to perform the transactions, it's very different.