We live in a world today where the value for our privacy is decreasing day-by-day. It is worth noting point that many elite Institutions and governments are trying to control over us. They deploy all the spying tools that they can, in order to know what we do? How much wealth we have? The income source? Our financial transaction details? Our friends and family circle? Etc. You may wonder why and how they know everything about us? Right! It's the internet and the methods we use to perform our activities. There are numerous tools available to catch our info through IP address, site cookies and with other techniques. The present financial ecosystem only wants to control us like a slave.
But technology doesn't stand still, it continuously evolving and developing. Thanks to a bright mind who has created a revolutionary piece of technology called Bitcoin (core technology - Blockchain). His primary intention was to give a new self oriented financial ecosystem which is completely decentralized and gives power authority into everyone's hand. Thus, people can perform financial transactions anonymously. Here the goal was to provide financial freedom from the present outdated financial model.
The world has just witnessed a revolutionary piece of technology, the blockchain. It's the disruptive technology in the history of mankind. It enables complete value and wealth transfer mechanism transparently and securely. But many of us wants this to happen anonymously, that's when the concept of privacy coins arises. Privacy coins are the wonderful derivative of blockchain technology. It has every priorities of blockchain but everything works very anonymously.
About privacy coins
Privacy coins_ are the fundamental pillars of crypto industry. Privacy coins follow the core vision of cryptocurrency. They protect our privacy, hides every transaction details and everything is completely untraceable. Today many people are very conscious about privacy and they want to transfer information anonymously. Bitcoin is the base of every cryptocurrency, it uses Dandelion protocol to hide IP address but we can track the node IP address, which is a drawback to it. Progressive research and developments have created many privacy coins today but none of them are perfect. Top privacy coins like Monero and Dash have highest marketcap and provides effective privacy solutions to their community. But without being said both have certain challenges which can't be unnoticed.
All the existing privacy coins providing services to users have limited flexibility in their privacy features. Till today there is no privacy blockchain which supports private smart contract functionality. Smart contacts are the self executing programming codes which allows to automate processes of any type. Thus many businesses in supply chain, financial and in other sectors wants smart contract features in privacy mode. Because they want to maintain confidentiality in their service from the competitors.
Sero
Super Zero (Sero) is the first privacy blockchain platform which supports turing smart contacts based on zero knowledge proof system. With this privacy features can be added smart contract functionality. Industries and corporates can confidently implement smart contracts in their financial processes. With the effective improvements in NIZK (non interactive zero knowledge proof) encryption algorithms Sero chain can provide private smart contacts.
In order to improve the network throughput Sero chain has completely redesigned the private blockchain technology. Sero chain has originally refines the storage structure of ethereum network to achieve privacy and security of circulating tokens. It also supports off chain storage functionality.
Sero chain uses homomorphic protocols and zero knowledge proof system allows to provide a platform which allow dapp developers to issue privacy tokens within the application. The privacy smart contract of Sero can handle exchange of multiple digital assets. It also allows to perform decentralized trading.
Sero provides privacy persimmons in the users hand. Businesses can make audits of privacy transactions from any third party services by allows them privacy persimmons. Sero chain can handle complex privacy data frameworks. The NIZK also called super-zk feature allows to verify private transactions. Super-zk provides more advantages than ring signature technology in privacy and security systems. Thus Sero provides more competitive advantages in privacy and smart contact features than any other existing privacy blockchain platforms out there in the market today.
Website: https://sero.cash/en/
Whitepaper: https://sero.cash/en/uploadfile/upload/2019052010565112.pdf
Telegram: https://t.me/SeroOfficial
Discord: https://discord.gg/3AZVMRU
Wiki: https://wiki.sero.cash/en/index.html?file=home-Home
Facebook: https://www.facebook.com/SEROProtocol/
Twitter: https://twitter.com/SEROdotCASH/
Medium: https://medium.com/@SERO.CASH
Reddit: https://reddit.com/r/SERO_Official
LinkedIn: https://www.linkedin.com/company/sero-global-inc/
YouTube:
GitHub: https://github.com/sero-cash
About writer
Bitcointalk username: Rahul 9632
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2639643;sa=summary
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