Railgun Aims for Private DeFi With $10M Backing From DCG

โ€œThrough a collection of smart contracts that verify zero-knowledge proofs, the Railgun team has built a privacy system directly on Ethereum and other Layer-1 protocols, from which you can interact with decentralized exchanges, lending platforms, and popular smart contract applications,โ€ Matt Beck, director of investments at DCG, said in a statement. โ€œRailgun fills a clear gap in the market, and solves the privacy problem that everyone who uses crypto will come across.โ€

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