Sero Protocol-A Complete Privacy and Smart Contract Enabled Blockchain Protocol
Hello, friends. My name is Aliaksandr. Take some time and sort out the SERO Flight Wallet project. As you can see this article will be in English.
To get started, look at a small video that would just be a little acquainted with the information. I am sure, who cares about the future, will not pass by and will be interested.
Some people do not want others to know how much they earn or spend per time, therefore their financial transaction information does not need to be made public, again most companies may not want other companies to know their progress reports, as such there is need to protect every information and data relating to their company progress reports.
The question here is how can this be? Is there a way to achieve this? Can there be a complete encryption of data to avoid leakage? However, these questions and more shall be answered in this article.
The blockchian technology and the use of cryptocurrency seem to have brought solutions to these privacy issues, but sad as it may sound, the case has been different. even with the innovative characteristics of bitcoin blockchain , its younger version Ethereum blockchain, EOS blocklchain and others they do not have what it takes to completely protect users privacy .
However, the creation of privacy coins in the likes of MONERO AND ZCASH would have solved the privacy challenges, but the bad news about them is that they do not support the use of Smart contracts.
But thanks to SERO for bringing a complete solution to these challenges.
SERO is world's first anonymous currency platform dependent on Zero Knowledge Proof that supports Smart Contracts, this implies clients will almost certainly issue and exchange anonymously with ERC20 Token or ERC721 Token, smart contract, which has a one of a kind natural application
SERO gloats of four kinds of assets; SERO coins, anonymous Tokens, Tickets, and Packages, together comprise the environment of the SERO ecosystem's anonymous assets. These asset types are flawlessly coordinated in a solitary coding framework, joined with the programming of these assets by Turing complete smart contract of SERO platform, engineers and devlopers can pioneer the usage of different privacy-related DApps that are not bolstered on the past framework in the blockchain, and are appropriate for the execution of business necessities in different privacy protection fields.
Quickly, the SERO framework tends to the below barriers in the unknown currency territory:
- Anonymous currency does not bolster smart contract, anonymous ecology can't issue assets for Dapp programming.
- Zero-knowledge demonstrates and encryption are moderate
- Industry requires 100% unknown currency dependent on zero-knowledge proof.
How SERO fathoms the encryption speed issues of Zero Knowledge Proof
- For the blockchain framework with non-interactive zero-knowledge proofs ( NIZK) scheme, the greatest application bottleneck is the long time of exchange proofs. Despite the fact that Zcash as of late overhauled the sapling version, unknown exchanges can set aside a long effort to move, to a great extent influencing ease of use. Particularly on account of a lot of UTXO per transaction, the time frame of transactions is considerably progressively terrible. So on the Zcash framework, just about 10% of transactions are anonymous, the rest are unequivocal currency transactions. The way that Zcash is over-spoken to has thusly truly influenced Zcash's obscurity security.
- SERO accomplished multiple times (20x) quicker encryption against Zcash during testnet.
- SERO extraordinarily improves the encryption time of Zero Knowledge Proof generation by advancing Zero Knowledge Proofs generation speed ( at a similar security level, zero learning evidence generation speed is a request of greatness higher than that of Zcash)
- Improved SERO experience is sufficient to help 100% anonymity for all transactions in the SERO, so the entire anonymous trading framework doesn't have unequivocal currency addresses, which takes care of the issue of anonymous security impeccably.
SERO TOKEN
A token like ERC20 and ERC721 convention can be issued by SERO smart contracts. Like SERO coin, it is additionally anonymous dependent on zero knowledge proof and can be programmed with smart contract. This is a pivotal development for the entire cryptocurrency market.The SERO Token is the main token to be utilized in the SERO ecosystem and can be used to facilitate transactions, the token can also be used to reward algorithm providers and can be used by users for different purposes in their DApp or SERO related ecosystem. The token can also be used as a bookkepping reward and can be used for computational reward
THE TEAM
Kindly visit the below website for more in depth knowledge about the project:
Website: https://sero.cash/en/
Whitepaper: https://sero.cash/en/uploadfile/upload/2019052010565112.pdf
Telegram: https://t.me/SeroOfficial
Facebook: https://www.facebook.com/SEROProtocol/
Twitter: https://twitter.com/SEROdotCASH/
Reddit: https://reddit.com/r/SERO_Official
Medium: https://medium.com/@SERO.CASH
Bitcointalk username: Bloody_revenge
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1411737
Project Manager
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