RAILGUN is a smart contract system that utilizes zero-knowledge proofs to provide on-chain privacy for decentralized finance (DeFi) transactions and non-fungible tokens (NFTs). It enables users to shield their assets and conduct transactions anonymously across multiple blockchain networks, ensuring data confidentiality and compliance with tax regulations.
Funding
$13.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
In decentralized finance (DeFi), transactions and asset holdings are typically transparent on the blockchain, which can expose users to privacy risks, front-running, and potential security vulnerabilities. This lack of confidentiality hinders adoption by users who require privacy for regulatory compliance or strategic reasons.
Solution
RAILGUN is a smart contract system that leverages zero-knowledge proofs (zk-SNARKs) to enable on-chain privacy for DeFi transactions and NFT ownership across multiple blockchain networks. Users can shield their assets within RAILGUN wallets, conduct transactions anonymously, and interact with decentralized applications (dApps) without revealing their identities or holdings. The system is fully decentralized, governed by the RAILGUN DAO, and designed to integrate with existing DeFi infrastructure without compromising security or composability.
Target Audience
The primary target audience includes DeFi users seeking enhanced privacy for their transactions, developers building privacy-focused dApps, and DAO members participating in the RAILGUN governance process.
Features
- Zero-knowledge privacy for ERC-20 token and NFT transfers using zk-SNARKs
- Non-custodial RAILGUN Wallet for managing shielded assets
- Compatibility with existing DeFi dApps on Ethereum, Polygon, BSC, and Arbitrum
- User compliance tools, including viewing keys for revealing transaction origins and tax integrations for exporting transaction history
- Privacy Pools utilizing zero-knowledge proofs of non-interaction to maintain anonymity
- Decentralized governance via the RAILGUN DAO, allowing token holders to vote on protocol upgrades and parameters
- SDK and RAILGUN Connect for developers to integrate privacy features into their dApps