MultiversX Tracker is Live!

Ethereum founder Vitalik Buterin Promotes Railgun - Project bringing privacy to Ethereum Ecosystem

All Cryptocurrencies

by COINS NEWS 147 Views

Ethereum founder Vitalik Buterin Promotes Railgun - Project bringing privacy to Ethereum Ecosystem

On 19 August, Ethereum co-founder Vitalik Buterin transferred $1 million worth of Ether to the Railgun privacy protocol, demonstrating once again his support for a privacy-focused interface. This is not the first time he has converted his ETH to the crypto mixer Railgun.

Ethereum co-founder is a strong advocate of privacy protection tools and has previously cited Railgun as an effective method of protecting user privacy.

Buterin has been a frequent user of the platform over the past 10 months and in 2024 transferred 662 ETH worth $1.91 million to Railgun. The latest transaction underscores Buterin’s continued support for privacy-enhancing technologies in the cryptocurrency space. This development comes after Vitalik Buterin transferred ETH worth $500,000 to an unknown address last week. Although Ethereum has made significant progress as a public blockchain network, user privacy continues to be in demand, and Buterin is trying to address this issue.

https://preview.redd.it/6o4d9cbec6kd1.png?1279&format=png&auto=webp&s=0eadd9a584e8d0500d461e95a8c2e1fc72e13872

submitted by /u/MemenaSerena
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments