RAILGUN is a smart contract-based privacy system that enables private transactions on public blockchains like Ethereum.
Founded by Emmanuel Goldstein and Alan Scott, RAILGUN gained attention when Ethereum co-founder Vitalik Buterin publicly endorsed the protocol.
RAILGUN uses zk-SNARKs to provide privacy for DeFi transactions without the need for standalone privacy coins.
The $RAIL token plays a crucial role in supporting and growing the RAILGUN ecosystem, offering an innovative solution for privacy in decentralized finance.