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Vitalik Buterin Transfers 400 ETH to Railgun to Enhance Transaction Privacy

Aug 19, 2024
  1. New Transaction
  2. Support for Technology
  3. Other Actions

Ethereum co-founder Vitalik Buterin has transferred 400 ETH, worth approximately $1.05 million, into the crypto mixer Railgun, showcasing his commitment to transaction privacy.

New Transaction

As reported by Colin Wu, this recent transaction, which took place at 12:06 UTC+8 today, continues Buterin's trend of using privacy-focused tools to safeguard cryptocurrency transactions.

Support for Technology

Spot On Chain data indicates that over the past ten months, Buterin has moved a substantial 662 ETH to Railgun, equating to about $1.91 million. This reinforces his strong support for privacy-enhancing technologies in the crypto space.

Other Actions

The latest transfer follows a series of previous actions by Buterin involving Railgun. Yesterday, he sent 1 ETH to a new address, 0x18...F10E, and deposited 0.998 ETH into Railgun. These actions underscore his ongoing commitment to maintaining user privacy and security within the Ethereum ecosystem.

These moves demonstrate Vitalik Buterin's dedication to ensuring high levels of user privacy and security in cryptocurrency transactions by leveraging advanced tools like Railgun.

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