Vitalik Buterin uses privacy wallets for undisclosed reasons
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Vitalik Buterin transferred 100 ETH to Railgun at 17:40 UTC+8 today. Railgun is a EVM privacy protocol that enables DeFi private transactions. Over the past six months, Vitalik Buterin has been interacting with the Railgun using small…Looking at Vitalik Buterin's recent moves, he has been very active with Railgun, using small bits of ETH at first and now with a bigger splash of 100 ETH. This could mean that he has been testing Railgun and its ability to"hide" transactions.
There could be a bunch of reasons why Buterin is taking this path. He has always been one to push the boundaries of what is possible with blockchain. He might be showing us that you can have both the secrecy of traditional finance and the openness ofHaving private transactions is a big deal in DeFi and in the digital asset industry in general. People usually love how open blockchain is, but sometimes, you just want to keep your business to yourself.
Keeping your financial moves private might soon be a normal part of the Ethereum experience, considering the fact that even the cofounder of the second-biggest blockchain in the world uses that technology.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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