SERO – A Leading Privacy-Focused Platform on the Blockchain

SERO – A Leading Privacy-Focused Platform on the Blockchain

The Internet has greatly increased the potency of knowledge dissemination, that advantages Human society; on the opposite hand, lack of privacy becomes a lot of of a significant drawback. Blockchain is taken into account an excellent tool to safeguard privacy. However, since all the transactions are recorded on the general public blockchain, once the identity of the pocketbook holder gets uncovered, this loss of privacy is irreversible. The situation results in a a lot of significant issue than the privacy revelation of the net. For this reason, cryptographers and prime technical consultants within the blockchain business have created relentless efforts to resolve the difficulty. many groups within the business have developed special cryptocurrencies to safeguard privacy, that ar referred to as "anonymous currencies". a number of the known anonymous currencies ar Zcash (ZEC), Monero (XMR), and Dash. These cryptocurrencies with an explicit degree of privacy protection, have obtained high market values supported the large demand and are stratified among the world's prime twenty cryptocurrencies for a protracted time; so, indicating a robust demand for privacy protection within the blockchain business.

SERO REVIEW

SERO is that the world-leading technology with SUPER Zero-Knowledge Proof that actually implements blockchain privacy protection and a public chain platform that supports good contract operation. SERO is that the world's initial cryptocurrency technology to attain complete privacy protection and to support good contracts through Zero-knowledge proof. Zero-knowledge proof employed by SERO is reviewed and approved by skilled organizations. The protocol is constructed on the newest cryptocurrency studies that greatly improves performance and security. additional privacy protection to the complete group action sequence of cryptocurrency on the blockchain. Account data and group action quantity aren't any longer clear to the complete network; positioning user privacy desires with actual client situation. SERO has developed Super-ZK — Zero-knowledge Proof secret writing library, severally developed by SERO that is presently the quickest in secret writing performance. within the same application situation, Super-ZK secret writing speed is twenty times quicker than Zcash (the thought privacy protection cryptocurrency that at this time, uses zk-SNARKs). Compare with Bulletproofs (the latest bulletproof protocol), Super-ZK is four times quicker. SERO solved the Zero-knowledge proof performance drawback. SERO can lead the privacy protection house and therefore the preparation for the broader exploitation of blockchain.

FEATURES OF SERO

1. Un-traceable:

Every group action within the blockchain network has AN input ANd AN output; constructing an acyclic graph of transactions, on that all of the group action flows is caterpillar-tracked, all of the group action sequences is concatenated and copied. SERO is meant to interrupt the link between the two transactions, creating the attack not possible.

2. Un-associable:

Each user within the blockchain network has their own assortment address. Once the address is related to the $64000 user identity, all the transactions occurring at the address within the network is related to the corresponding user identity, leading to the exposure of the associated behaviors to the address. All the transactions and balances ar still publically visible once a user creates a replacement nom de guerre public key for namelessness. SERO uses secret writing technology to create the payment address unrelated.

3. Anti-statistical analysis:

Actual user behavior has applied math characteristics. If the group action information within the blockchain network includes a correlation that mirror such applied math characteristics, it's doable to deduce the addresses belongs to a particular user through applied math analysis of the blockchain information. once ring signatures are used, the power to resist applied math analysis can decrease if ring members or nodes are malicious. SERO should be ready to utterly hide the address and therefore the relationship between addresses by technological suggests that.

4. usefulness principles:

SERO, whereas activity the group action information, won't take all the knowledge into its scope, which might be uneconomical and inefficient. SERO can take into account the user's existing usage habits and issues to hold out analysis and development sporadically.

CONCLUSION

Sero (Super Zero) is that the world's initial blockchain system that actually realizes the whole privacy protection of blockchains through non-interactive zero-knowledge proof. Compared with the present blockchain privacy protection technologies, Sero cannot solely understand the privacy protection of account and group action data, however additionally support Turing complete good contracts. additionally, developers also can produce their own encrypted cryptocurrencies supporting good contracts supported Sero-Chain.

More significantly, the Sero team considers the privacy protection measures needed by the suburbanised applications. The team additionally plans to supply solutions for the safety of point-to-point network transmission and therefore the privacy of the physical network address of the account, permits the centralized application to get powerful privacy protection functions once interacting with the centralized application or once interacting with the user's consumer.

USEFUL LINKS

1. website: https://sero.cash/en/

2. Whitepaper: https://sero.cash/en/uploadfile/upload/2019052010565112.pdf

3. Wallet: https://sero.cash/en/#wallet

4. Block explorer: https://explorer.web.sero.cash/

5. Twitter : https://twitter.com/SEROdotCASH

6. Medium : https://medium.com/@SERO.CASH

7. BitcoinTalk ANN : https://bitcointalk.org/index.php?topic=5123382.0

Written by: Forman

Bitcointalk username: mrjepsy01

Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2435560;sa=summary

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