Get Your Hands on Railgun Crypto – the Future of Online Privacy!
Privacy is something all humans instinctually value. It is a well-recognized human right, and even those who
deny it to others expect it for themselves. Privacy and anonymity should be the default, not the exception.
Your consent should be needed before your personal or financial details are revealed to any would-be voyeur.
A small community of passionate and skilled privacy enthusiasts are developing RAILGUN, a privacy and
anonymity system built directly on-chain on Ethereum, from which you can interact directly with DEXs,
lending platforms, and popular smart contract applications. RAILGUN keeps your actions secret, protecting
your privacy, and allows you to keep your identity secret - thus giving you anonymity. RAILGUN does this
without you ever having to leave the safety and liveliness of Ethereum and its booming ecosystem. Not only
that, RAILGUN will bring its revolutionary advantages to other blockchain ecosystems in rapid succession.
If you ever need to be transparent, RAILGUN can generate a verifiable report of your actions and balances
(for an auditor or compliance officer, for example), with a privacy preserving Zero Knowledge method. This
means your funds will still be hidden from the public, but you can provide evidence of the sources to your
chosen colleague or recipient. The goal of RAILGUN is not to strip away the third-party verifiability of actions
taken on-chain, but rather to give back to users the power to choose who sees what, when, and why.
RAILGUN is a collection of smart contracts that verify zero-knowledge proofs, allowing users to make, send or
receive transactions without revealing any assets, amounts, or identities. In much the same way, it also allows users
to interact with smart contracts, such as those used for DEX trading, yield farming and other dApps (decentralised Apps). Layered on top of this on-chain system is a suite of adapters called Adapt Modules for existing applications
on Ethereum that anyone can deploy. Such a system has two fundamental advantages:
Firstly, it increases the size and noise of the anonymity pool. All transferring, swapping, lending, borrowing,
and in general, transacting with all kinds of decentralised applications greatly increases the throughput and
variation of interactions with RAILGUN, making it progressively more difficult to correlate withdrawals from
RAILGUN to deposits into RAILGUN. This means the users who have deposited into RAILGUN are able to achieve
privacy and anonymity faster than any of the other systems available on-chain.
Secondly, it allows users to keep their assets in their original form, without converting to a different token,
within the RAILGUN system longer term. True privacy and anonymity is achieved when assets can not only
be privately transacted but also privately stored. With assets in RAILGUN, users can still do everything they
can do with assets outside of RAILGUN, reducing the incentive to ever move these assets out. This helps to
increasing the size and noise of the anonymity pool, offering a much better level of privacy and anonymity.
By creating an ecosystem where privacy, anonymity, transfers, trades, and any other activity all happen in one
place, all participants benefit from an increasingly large and noisy anonymity pool. All users of the system are able
to piggyback off the activity of others, increasing their own privacy and anonymity.
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