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Gate Square New & Returning Creator Rewards are ongoing!
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Are there new faces among Ethereum's privacy solutions?
Today I want to discuss a project that hasn't received widespread attention yet—RailGun, and its native token $RAIL.
🔸 What is the core?
RailGun is a decentralized privacy protocol built on Ethereum, relying on zero-knowledge proof technology to achieve transaction privacy. The brilliance of this solution is that it allows users to complete transactions on the public chain while hiding the true counterparty and transaction amount—sounds like a perfect combination of DeFi and privacy.
💡 Technical core: Zero-knowledge proofs enable transactions to be verified while keeping transaction details private. Compared to other privacy solutions, this approach does not require a separate privacy coin ecosystem and operates directly within the Ethereum ecosystem, offering greater compatibility.
Can this design become a new benchmark for privacy applications on Ethereum? From a technical perspective, RailGun indeed fills certain gaps. The token $RAIL, during a phase when market attention is still low, may present a certain opportunity window.