RAILGUN - Privacy on Ethereum & EVMs
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Railgun ($RAIL) focused announcements & education channel
Twitter: twitter.com/railgun_project

Join chat group Church of Railgun: @railgun_privacy
Verified public group ^
(Be careful of imitators)
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Just under 50 minutes to go before Kee, CTO of Session, joins RAILGUN Radio. This one is not to be missed if you're into privacy tech and want to learn what goes into building in this space.

Join here: https://twitter.com/RAILGUN_Project/status/1683956765820436481
You can now link your 0zk address to an ENS domain to make it easier to receive payments to your private balance. If you're a Railway Wallet user, their team have put together a quick guide on how to use an ENS in Railway Wallet.

https://help.railway.xyz/customize/using-an-ethereum-name-service-ens-domain
The only legitimate RAILGUN chats are:
@RAILprice (Rail Token Chat)
@RAILGUN_PRIVACY (Church of RAILGUN)

Check railgun.org or railgun.ch for legitimate links.
The RAILGUN Radio on Proof of Innocence at 10am EST August 15 will be replacing the Community Call this week. Ameen, Ekrem, and of course Kieran are all well-known privacy experts so make sure to tune in to this one at the link below.

Proof of Innocence and ZK Compliance are becoming a bigger part of the wider discussion around crypto privacy. The Big V even spoke recently about how ZK compliance can strengthen privacy protocols and also shouted out Ameen & Chainway. (https://twitter.com/chainway_xyz/status/1687106739198636038)

RAILGUN contributors are working with Chainway on Proof of Innocence for RAILGUN, likely the first prod deployment of POI that can provide compliance for complex DeFi transactions. Make sure you catch RAILGUN Radio tomorrow to find out what the fuss is about πŸ“»

https://twitter.com/RAILGUN_Project/status/1689737076336472066
Just under 1 hour to go until RAILGUN Radio with Ameen, Ekrem, and Kieran.

Solving for compliance is critical to adoption of crypto privacy. Listen in to hear how RAILGUN Proof of Innocence reframes this issue in a completely new and unique way with Zero Knowledge tech to ensure both open AND compliant access to privacy. All 3 of these guests are working at the cutting edge of crypto privacy so come out to hear how they're building a more private DeFi.

https://twitter.com/RAILGUN_Project/status/1689737076336472066
πŸ›€ πŸ”« πŸŽ™

To celebrate the recent launch of private vaults, RAILGUN Radio will be returning August 22nd 10am EST this time being hosted by Polygon DeFi and featuring special guests from Beefy. Tune in to hear more about the Beefy integration and also what else is in store for RAILGUN powered private DeFi.

Private yield is an important step in realizing the vision of full on-chain privacy and there is much more on the way for RAILGUN, including private stablecoin minting, liquid staking, lending, & perps.




https://twitter.com/RAILGUN_Project/status/1692299570246565937
πŸ“‹ The folks at Railway Wallet have put together a handy guide on how to enter and exit Beefy vaults privately. Start here if you want to earn anonymous yield : https://twitter.com/Railway_xyz/status/1693605245849674127


πŸ—“οΈ Also mark your calendars for the next installment of RAILGUN Radio featuring Polygon DeFi and frends from Beefy. This one will be super interesting as contributors explore the future & frontiers of private DeFi with experts from 2 heavyweight protocols πŸ‘¨β€πŸš€πŸͺπŸŽ™

LIke, set a reminder, & RT the link as every bit helps for telling the 🌍 that privacy on Ethereum/EVM is here to stay and not going away.

https://twitter.com/RAILGUN_Project/status/1692299570246565937

πŸ›€οΈπŸ”«
RAILGUN Radio is live πŸš€πŸš€
Protocol Metric Update

- RAILGUN is about to hit half a billion in total contract volume it's very likely this milestone will be hit before the end of September. βœ¨πŸš€πŸ₯³
- TVL is at ~$12 million on all chains which is close to the old all time high. Hopefully this will also be smashed with the 500 mil mark.

Protocol growth during the depths of a bear market is a strong sign (with value accrual of growth going out to $RAIL stakers). Contributors will continue pushing private DeFi forward through integrations and protocol upgrades.

If you use RAILGUN on the regular, tell your privacy conscious crypto friends and help boost the anon set. There are also some updates due this week so stay tuned for more info.
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::RAILGUN ECOSYSTEM::

How many options does a trader have if they want to go private & shield tokens?

1. Tokenshielder.com - TokenShielder
2. Railway.xyz - Railway Wallet
3. Terminal-wallet.com - Terminal CLI Wallet.
4. Self created using SDK!
RAILGUN Ecosystem Update πŸ“°βœ¨

- railway.xyz will go live with private LP provisioning at ~4pm EST Sept 12
- An open-source wallet integrates RAILGUN! Head to https://terminal-wallet.com/ to try it out
- Continued work on ZK compliance user tools.
- Podcasts and discussions with well known crypto privacy advocates from the last few weeks 🀜 πŸ€›

Make sure to give the post a like for visibility πŸ‘€

https://twitter.com/RAILGUN_Project/status/1701616299355374014
There are many different wallet & frontend options for interacting with the πŸ›€πŸ”« ecosystem:

https://railway.xyz - Railway Wallet is available on desktop, mobile, and web with an easy to use and intuitive UI. Also contains robust private DeFi features like private LPs, swaps, and vaults courtesy of Beefy

https://terminal-wallet.com -Terminal Wallet contains RAILGUN privacy features and is available on macOS, Windows, and Linux. Easily shield, send, and swap with a few keystrokes thanks to Terminal Wallet's command line interface. Also fully open source and free.

https://tokenshielder.com - The easiest way to shield assets to any 0zk address. Simply connect any Web3 wallet (like MetaMask), paste in a 0zk address and shield away. Perfect if you want to receive payments directly to your private balance from anyone with a crypto wallet.

MORE options available soon. Anyone can integrate RAILGUN privacy into their wallet as an incognito mode or build one from scratch using the Wallet SDK with minimal development overhead. Make sure you're following @RAILGUN_Project on Twitter to stay up to date with the latest ecosystem news: https://twitter.com/RAILGUN_Project

Get started with Wallet SDK here: https://docs.railgun.org/developer-guide/wallet/wallet-overview

With Wallet SDK, there's an array of choices for people who want to use Ethereum privately.
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RAILGUN just hit πŸ’― πŸ’― πŸ’― πŸ’― πŸ’― million dollars in total platform volume πŸ₯‚ πŸ₯³ and TVL is hovering around ATHs. It's not uncommon to see 15-20 million dollar weeks and hopefully with enough time these numbers will look small.

Adoption of the contracts is growing during the depths of a bear market which is a strong sign of product market fit. Reminder that protocol fees are paid out to those with staked $RAIL to encourage active participation in governance and further engagement with the protocol. Stronger adoption means strongerer fees means strongererer rewards.

To help further adoption, please tell your privacy conscious friends that privacy on Ethereum is already here with RAILGUN.
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⭐️ A few updates being worked on by contributors in the RAILGUN ecosystem ⭐️

ZK Compliance

There's been a ton of work being put into standing up the first ever zkp based compliance mechanism for RAILGUN. The work for this started back in February. To see so much press and discussion around the topic has been really cool. There was even a whitepaper about this mechanism written by Vitalik etc. about it.

The complexity of the infrastructure, cryptography, networking, etc behind this market leading feature is extremely high.



V3 RAILGUN Smart Contracts

Again, there's a lot of research, and dev-ing on a new contract schema. This has been highlighted in previous updates.

These new contracts will:

- Make it easier than ever to build with and integrate RAILGUN.
- Make it CHEAPER than ever to do RAILGUN transactions
- Open a path to a new accumulator scheme



AdaptRelay Development

New AdaptRelay contracts are going to unlock Cookbook Recipes that have been done. These have been in R&D now by contributors for a while now and are starting to really shape up. Get ready for even more private DeFi capabilities like lending and perps.
RAILGUN is about to hit a new TVL ATH LFG πŸš€

More TVL = More Anonymity

More Anonymity = More Transaction Size

More Transaction Size = More Fees Accrued to $RAIL

2023 has been a strong year for RAILGUN adoption. The contracts have done hundreds of millions in volume and 10-20 million dollar volume weeks are not uncommon (most weeks are at least $10 million). The demand for on-chain privacy is growing and RAILGUN is meeting more and more of that demand. This is the good news.

The better news is that contributors are not quite finished yet. The upcoming updates around compliance, gas savings (up to potentially 80% for some DeFi transactions), and Relay Adapt updates for more complex private DeFi like lending and perps are on the way. RAILGUN will become more viable with more fun DeFi capabilities.

✨ The goal is to privatize as much Ethereum & EVM DeFi as possible. ✨

Stay tuned for an update on the amazing RAILGUN integrated projects that came out of ETHRome and some more insight into what's being worked on by contributors.