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Railgun is a privacy-focused blockchain protocol that enables confidential transactions using zero-knowledge proofs and liquidity mixers, while incorporating a compliance mechanism “private proofs of innocence” that prevents illicit transactions.
Vitalik Buterin encouraged forking Railgun’s code to create alternate privacy pools with their own governance models, for those who disagree with Railgun’s transaction filtering rules.
Vitalik Buterin publicly acknowledged Railgun for its role in blocking an attempt to launder funds from a $9.5 million zkLend exploit
Railgun's decision to prevent stolen funds from a zkLend exploit from being laundered on its platform has sparked mixed reactions within the crypto community, with some praising its compliance while others raising concerns about centralization risks.
A zkLend exploit on February 12, 2025, allowed an attacker to steal $9.5 million in ETH, which they attempted to launder through Railgun. Railgun’s Private Proofs of Innocence flagged the funds, preventing them from being anonymized.

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Vitalik Buterin recognized privacy-focused Railgun project

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