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How RAILGUN Makes Crypto Payments Even More Secure

UTC by Nick Ulven · 3 min read
How RAILGUN Makes Crypto Payments Even More Secure
Photo: Unsplash

With the release of its $RAILGUN token, this is a goal that RAILGUN has managed to make substantial progress toward.

One of the biggest reasons why cryptocurrencies such as Bitcoin and Ethereum have gained such a high degree of popularity is the high level of privacy and security that they offer to their users. However, even the most secure and established crypto coins still have weaknesses that can be exposed, leaving users open to privacy and security risks. Now, crypto privacy project RAILGUN is striving to eliminate some of these weaknesses and make crypto transactions more secure than ever before through the RAILGUN privacy system.

The RAILGUN Privacy System utilizes Zero Knowledge Proof (ZK-SNARK) technology in order to remove sensitive information such as the user’s wallet address, balances, and investment strategies from transactions on the blockchain. Before RAILGUN, this information remained accessible to the public anytime a crypto transaction was made, thus creating potential security risks.

In addition to enabling users to make completely private crypto transactions, RAILGUN also offers benefits such as:

  • The ability to make donations without others being able to access your donation history
  • The ability to prevent spying and data collection regarding your DeFi habits
  • The ability to prevent others from accessing information regarding your crypto balance
  • The ability to enter into new crypto investments without alerting those who follow your wallet
  • The ability to prevent advertisers and fraudsters from targeting you based on your DeFi habits
  • The ability to perform darkpool style trading in a way that prevents others from copying your farming strategies

All of these various benefits combine to make RAILGUN one of the most interesting and promising new crypto tokens to come onto the market in recent memory, and the $RAILGUN token is currently available for purchase on a number of major crypto exchanges. RAILGUN‘s innovative new technology has also attracted the interest of some of the world’s top crypto investors, including crypto investment firm LD Capital which recently announced its partnership with RAILGUN and its intention to purchase $250,000 worth of $RAIL tokens. LD Capital also intends to promote the $RAILGUN token across its newsletters and social media profiles as well as encourage investments in RAILGUN from other top crypto investment funds.

As cryptocurrencies continue to grow and evolve, figuring out ways to make them increasingly more private and secure is a top goal among those driving innovation in the crypto space. With the release of its $RAILGUN token, this is a goal that RAILGUN has managed to make substantial progress toward. Investments from leading crypto funds such as the investment made by LD Capital will go a long way toward helping RAILGUN make crypto transactions even more private and secure, however, RAILGUN is also actively seeking investments from individual investors who want to join RAILGUN‘s mission and invest in a crypto token with a high degree of upside. If you would like to purchase a token that promises innovative new technology and benefits that will be appealing to a broad range of crypto users, purchasing the $RAILGUN token from one of the many crypto exchanges where it is now available is an excellent option to consider.

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Julia Sakovich
Author: Nick Ulven

Nick is a crypto expert and blogger at RAILGUN. Ulven is also a Computer Science major at MIT, where his research focus is blockchain technologies and cryptocurrencies.

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