Vitalik Buterin moves 79 ETH worth $137,000 through RAILGUN

The transfer, flagged by Onchain Lens, routed funds via a privacy protocol designed to obscure wallet activity on public blockchains.

ETH

Summary

Vitalik Buterin transferred 79 ETH valued at $137,000 through RAILGUN, a privacy protocol that helps shield wallet activity on public blockchains. The transaction was tracked by Onchain Lens. Privacy tools such as RAILGUN are used to make onchain transfers less transparent by breaking the direct link between sender and recipient addresses.

Terms & Concepts
  • RAILGUN: A privacy protocol that obscures wallet transaction trails.
  • onchain: Recorded and visible on a public blockchain network.
  • ETH: The native token of the Ethereum network.