{"id":12583,"date":"2024-04-15T17:39:39","date_gmt":"2024-04-15T14:39:39","guid":{"rendered":"https:\/\/forklog.com\/en\/vitalik-buterin-utilizes-railgun-for-180-eth-transfer\/"},"modified":"2024-04-15T17:39:39","modified_gmt":"2024-04-15T14:39:39","slug":"vitalik-buterin-utilizes-railgun-for-180-eth-transfer","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vitalik-buterin-utilizes-railgun-for-180-eth-transfer\/","title":{"rendered":"Vitalik Buterin Utilizes Railgun for 180 ETH Transfer"},"content":{"rendered":"<p>Ethereum co-founder Vitalik Buterin executed several transactions amounting to approximately 100 ETH (~$575,000) through the anonymizer Railgun. This was highlighted by journalist Colin Wu.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Vitalik Buterin (vitalik.eth) transferred 100 ETH (approximately $325,000) 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\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1779813061060391246?ref_src=twsrc%5Etfw\">April 15, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Railgun is an EVM privacy protocol that keeps transaction details such as token type, amount, sender, and recipient confidential.<\/p>\n<p>According to the dashboard of <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/address\/0x9D22816f6611cFcB0cDE5076C5f4e4A269E79Bef\">Arkham Intelligence<\/a>, Buterin has interacted with the protocol several times over the past six months. Initially, he sent small amounts, gradually increasing the sum.<\/p>\n<p>The latest transaction on April 15 was for 100 ETH (~$325,000).<\/p>\n<p>Under Wu&#8217;s post on X, community members speculated that the developer simply seeks privacy, given the significant attention he receives.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">I would be using railgun too if I had you blasting the whole world every time I did anything with my money<\/p>\n<p>\u2014 dtheo (@infosecual) <a href=\"https:\/\/twitter.com\/infosecual\/status\/1779847156494487603?ref_src=twsrc%5Etfw\">April 15, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I would be using Railgun too if I had you blasting the whole world every time I did anything with my money,&#8221; wrote user dtheo.<\/p>\n<\/blockquote>\n<p>Representatives of the anonymizer also responded to the journalist&#8217;s post. They noted that the protocol is a &#8220;fully decentralized system that anyone can use.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">It&#8217;s a fully decentralized system that anyone can use. RAILGUN is a secure evm protocol that&#8217;s already used by at least 3 wallet apps. <a href=\"https:\/\/t.co\/TMZfhsY8OV\">https:\/\/t.co\/TMZfhsY8OV<\/a> explains more.<\/p>\n<p>\u2014 RAILGUN \u2014 Private &#038; Anonymous DeFi (@RAILGUN_Project) <a href=\"https:\/\/twitter.com\/RAILGUN_Project\/status\/1779815575730135250?ref_src=twsrc%5Etfw\">April 15, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Over the past day, the native token of Railgun (RAIL) <a href=\"https:\/\/www.coingecko.com\/en\/coins\/railgun\">increased by 145%<\/a> \u2014 from $0.58 to $1.34. Its market capitalization reached $79 million.<\/p>\n<p>In October 2023, analysts at PeckShield recorded a transfer of 14.93 million USDC to the Gemini exchange from a wallet associated with Buterin. The Ethereum co-founder explained that most such transfers represent &#8220;some donation to a charitable, non-profit, or other project.&#8221;<\/p>\n<p>Previously, the developer deposited 600 ETH, valued at about $1 million at the time, on the cryptocurrency exchange Coinbase. A day before the transfer, Buterin closed a position of 251,000 RAI on the MakerDAO platform and withdrew 1,000 ETH (~$1.67 million).<\/p>\n<p>Back in March, he exchanged coins received through airdrops for ETH, amounting to about $700,000, causing the price of some of them to plummet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Vitalik Buterin executed several transactions amounting to approximately 100 ETH (~$575,000) through the anonymizer Railgun. This was highlighted by journalist Colin Wu. Vitalik Buterin (vitalik.eth) transferred 100 ETH (approximately $325,000) 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1227,200],"class_list":["post-12583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=12583"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/12582"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=12583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=12583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=12583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}