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BitcoinTalk ANN
create by yanoaziz
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SERO SOLUTIONS

In the decentralized application scheme, smart contracts widely increase the application scenario of blockchain. The applications are no longer limited to the digital assets value of circulation. The current mainstream blockchain privacy protection technology does not support smart contracts, which prevents the greater establishment of practical usages. Any secure privacy protection mechanism for anonymity to support smart contracts must make major modifications to the underlying system of blockchain, the implementation will be difficult.

SERO is the solution to solve the above problems.

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SERO (Super Zero) is the world's first blockchain system that truly realizes the complete privacy protection of blockchains through non-interactive zero-knowledge proof.
SERO not only can realize the privacy protection of account and transaction information but also support Turing complete smart contracts.
In addition, developers can also create their own encrypted cryptocurrencies supporting smart contracts based on SERO-Chain.

THE PRINCIPLE OF SMART CONTRACT ISSUANCE AND OPERATION OF ANONYMOUS ASSETS

The blockchain is a distributed ledger, the smallest unit of the ledger account records, and each record stores the inflow or outflow of the account's assets. According to the different ways of asset outflow recording, the blockchain systems have evolved into two different accounting implementations, which are the UTXO model and ACCOUNT model. These two modes correspond to the models of Bitcoin and Ethereum respectively.

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