Ethereum co-founder Vitalik Buterin has transferred 1,006 Ether (ETH) to the privacy-focused protocol Railgun, sparking renewed discussions around blockchain anonymity and decentralized finance applications. Although details remain scarce, the transaction showcases Buterin’s continued interest in privacy protocols and their potential within the Ethereum ecosystem. Notably, the move coincides with a surge in Railgun’s native token, RAIL, by 15%. 1,006 ETH is worth approximately $2.9 million USD. Railgun is one of several blockchain-based solutions that aim to enhance privacy for transactions on the Ethereum network. While Ethereum’s public infrastructure remains transparent, platforms like Railgun provide a more private approach to financial operations. However, this transfer has ignited debate amongst the crypto community about the role of privacy in decentralized finance.