#TradingTools101

Ethereum founder Vitalik Buterin transfers over $1.8 million in ETH and USDC to Privacy Protocol Railgun

According to blockchain data, the transfers were made through an intermediary wallet address starting with 0x18…F10E.

Buterin, known by his ENS domain vitalik.eth, has long advocated for user privacy within the Ethereum ecosystem. His latest dealings with Railgun reinforce this position. In previous statements, Buterin argued against the notion that privacy tools are inherently suspicious, affirming that privacy is a fundamental right.

The Railgun privacy protocol enhances transaction privacy, incorporating security measures to prevent abuse. The system allows users to conceal transaction data, employing mechanisms to prevent malicious actors from exploiting it.