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What is Railgun?
Railgun is a smart contract system that utilizes Zero Knowledge Proof (ZK-SNARK) technology to provide privacy and security to cryptocurrency and DeFi users. By using Railgun, your wallet addresses will no longer be publicly visible on blockchains, ensuring your privacy. With Railgun, you can trade, use leverage platforms, and add liquidity to dApps while enjoying enhanced privacy. Unlike additional layer 2 infrastructure that requires trust in third parties, Railgun operates directly on the Ethereum mainnet, eliminating security risks and extra steps. You can use various ERC-20 tokens such as RAIL, USDC, renBTC, renZEC, and more with Railgun, and additional tokens can be added through governance vote.
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What Is RAILGUN Privacy (RAIL)?
Railgun is a smart contract system that provides privacy and security to cryptocurrency and DeFi users via Zero Knowledge Proof (ZK-SNARK) technology. Using Railgun ensures your wallet addresses will be removed from your actions and transactions on blockchains where previously your information was publicly available for anyone to view. Railgun users will enjoy privacy when trading, using leverage platforms, and adding liquidity with Decentralized Applications (dApps). As Railgun sits directly on the Ethereum mainnet, it removes the security risk and extra steps associated additional layer 2 infrastructure such as trust in third parties. A number of ERC-20 tokens can be used straight away such as RAIL, USDC, renBTC, renZEC and more. Additional tokens can and will be added via governance vote.
How secure is RAILGUN Privacy and how easy will is it to use?
Outside of privacy, security is a top priority for Railgun. The Railgun development team boasts world class security experts, blockchain gurus and cryptography experts. Some key players in the blockchain security space as friends of Railgun. The libraries used are well established and the Railgun code has been audited by several popular audit companies including well known crypto audit firms like ABDK. Railgun is both trusted, and trustless.If you have used MetaMask or any other popular wallet it will be transparently familiar. Users wont have to worry about how the zk-SNARK proofs s are working or take extra steps to send, receive or transact with privacy. Everything is handled behind the scenes and its open source so anyone can audit and find its working as intended.
Where Can You Buy RAIL token (RAIL)?
Rail is currently available on major decentralized exchanges, with multiple pairs for cryptocurrencies and other stablecoins available.
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Popular Q&A
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