New Security Committee Member: Roman Semenov, Co-Founder of Tornado Cash
We have 9 Security Committee members in total and so far we’ve uncovered one — Alexey Koloskov, CEO of Orion Protocol. 8 more reveals to go.
The Security Committee, comprised of blockchain industry professionals and key figures will provide trusted and unbiased decision-making when investigating reported hacks. It is one of the three main elements that allows the Decision-Making Body to smoothly operate. Here’s how it will work as part of Core Protocol:
We are super excited to reveal one more Security Committee member today and we’re sure it will blow your mind. Each Committee member is a crucial one as the person brings his entire blockchain know-how baggage to investigate hacks in the space. Please meet Roman Semenov who is the Co-Founder of Tornado Cash and is the newest member to become part of the Security Committee.
Our CEO Vygandas Masilionis shared that “having Roman as the Security Committee’s member is outstanding. Tornado Cash has extensive know-how on how hacks work, what’s the action flow, timing so to be able to tap into that knowledge in order to prevent hacks is a great honor and a success rate booster.”
7 more announcements incoming — stay tuned.
About Tornado Cash
Tornado Cash (TORN) is a decentralized as well as non-custodial privacy solution that is built on Ethereum. While Tornado Cash was developed based on open-source research by the Zcash team (a privacy coin), the protocol allows users to send ETH and ERC-20 deposits through its smart contract service.
Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from Lossless’ known cyber security solutions and renowned professionals, the community also plays a role. With a tangible reward system, community members are also encouraged to explore new ways to detect hacks and fraudulent transactions.
Lossless protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner. Its solutions to the impending problems of cyber theft within the blockchain space are thorough and applicable within many protocols.