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Privacy is something all humans instinctually value. It is a well-recognized human right, and even those who deny it to others expect it for themselves. Privacy and anonymity should be the default, not the exception. Your consent should be needed before your personal or financial details are revealed to any would-be voyeur.
RAILGUN is a smart contract that brings privacy to cryptocurrencies and DeFi. By using RAILGUN, your wallet address will be removed from your actions and transactions on Blockchains where that information was previously available for anyone who cares to look. This is similar to having your bank balance and spending history revealed whenever you use a debit card. Through zero-knowledge proof (zk-SNARKs) technology, RAILGUN users enjoy privacy when making transfers, trading, using leverage platforms, adding liquidity or using decentralized applications (dApps) any way they like.
If you ever need to be transparent, RAILGUN can generate a verifiable report of your actions and balances (for an auditor or compliance officer, for example), with a privacy preserving Zero Knowledge method. This means your funds will still be hidden from the public, but you can provide evidence of the sources to your chosen colleague or recipient. The goal of RAILGUN is not to strip away the third-party verifiability of actions taken on-chain, but rather to give back to users the power to choose who sees what, when, and why.
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