Transparency is an inherent feature of blockchain, but how can users achieve privacy? [AD]
RAILGUN is currently among the leading complete privacy solutions for the DeFi space, as it generates zk-SNARK encryption entirely within a smart contract. That enables users to store their funds anonymously and interact with decentralized applications in an anonymous, noncustodial manner.RAILGUN, which is governed by a decentralized autonomous organization , employs zk-SNARKs to encrypt transaction details, wallet balances and transaction history.
Recently, RAILGUN was deployed to Arbitrum — a layer-2 rollup technology for Ethereum, bringing privacy combined with speed and high throughput to the second-largest decentralized network. RAILGUN’s co-founder Alan Scott stated:
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