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Buterin says the Railgun is a privacy pool mechanism that would facilitate private transactions on Ethereum. However, it would not allow illicit funds to benefit from its anonymity. For clarification, Railgun allows users to make confidential transactions using zero-knowledge proofs (ZKPs). This allows users to make fund deposits into Railgun and withdraw privately later. Read more on U.Today https://u.today/vitalik-buterin-breaks-silence-on-zklend-exploit-flaunts-railgun