Typhoon Network & typh Token Crypto Analytics & User Data

Should I buy typh?

Typhoon is a Smart Contract running on Binance Smart Chain that enables users to send private transactions between 2 wallets. It does this by utilizing zkSNARK, a novel form of zero-knowledge cryptography. zkSNARK makes it possible for users to prove possession of information, without actually revealing that information. When depositing money into Typhoon, the user generates a random secret and submits a part of it (a hash) along with the assets into the smart contract. In order to then withdraw that deposit again, the user has to provide cryptographic proof that he is indeed the owner of a secret to an unspent deposit. All without revealing the secret he holds to the public blockchain.