Railgun (renBTC, renZEC), a privacy encryption protocol that supports Ren assets


Ren, a cross-chain transaction network, announced that Railgun, a smart contract system that provides privacy for encrypted users through zero-knowledge proofs (zk-SNARKs), now supports renBTC and renZEC.

Ren’s integration with Railgun allows users to take advantage of Railgun’s privacy properties and combine them with interoperability.

By using Railgun, the user’s wallet address will be deleted from their operations and transactions on the blockchain where the information was previously disclosed. Railgun users will enjoy privacy when trading, using leveraged platforms, and providing liquidity for decentralized applications (dApps).

“The cooperation with Railgun will continue to bring fruitful results for the two communities; by helping to expand each other’s networks and bring interoperability and privacy features to the two ecosystems. The Railgun community will also explore RenJS to incorporate local deposits into its ecosystem.”
– Ren team

How to use the railgun

  1. Bridge BTC or ZEC to Ethereum via RenBridge: bridge.renproject.io
  2. Deposit assets into the Railgun ecosystem through the following methods These directions.
  3. Use these assets in DeFi like any other way.



Source link