The choice of Ethereum founder Vitalik Buterin to interact with a privacy protocol has sparked reactions from prominent critics such as attorney Steven Nerayoff, an early advisor for Ethereum. Colin Wu’s media first drew attention to Buterin’s most recent transfer of 100 ETH tokens valued at approximately $325,000 to Railgun, an EVM privacy protocol that […]
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- Vitalik Buterin transferred about $325,000 to DeFi privacy protocol Railgun.
- A report suggests Butering moved small amounts of ETH to Railgun over the past six months.
- Steven Nerayoff leveraged the development to emphasize his allegations against Ethereum co-founders.
The choice of Ethereum founder Vitalik Buterin to interact with a privacy protocol has sparked reactions from prominent critics such as attorney Steven Nerayoff, an early advisor for Ethereum.
Colin Wu’s media first drew attention to Buterin’s most recent transfer of 100 ETH tokens valued at approximately $325,000 to Railgun, an EVM privacy protocol that enables DeFi private transactions. Furthermore, the report emphasized Buterin’s consistent interaction with Railgun.
Specifically, the report noted that the Ethereum co-founder has engaged with Railgun over the past six months, regularly transferring small amounts of ETH tokens. It supported this claim with data from market intelligence firm Arkham.
Responding to this revelation, Buterin remarked that “privacy is normal.” He disclosed that Railgun employs the privacy pools protocol, which significantly raises the barrier for …
The post Ethereum Founder Vitalik Under Fire After Sending $325K to Privacy Protocol appeared first on Coin Edition.
