Can RAILGUN (RAIL) Monetize Privacy?— Market Mad House
The creators of RAILGUN (RAIL) hope to monetize privacy. RAILGUN is a a smart contract that adds privacy to cryptocurrency and decentralized finance (DEFI) transactions.
RAILGUN adds privacy by removing wallet addresses from blockchain transactions. The fear is that hackers or authorities could track and identify cryptocurrency users through wallet addresses.
They claim RAILGUN uses zero-knowledge proof (zk-SNARKs) technology. Hence, RAILGUN is a Zero-knowledge proof protocol. A zero-knowledge proof protocol…