SERO - Securing Users Privacy

Introduction

Our world today, internet users seem to be very much concerned and desperately demanding for security of users privacy. It so sad that many popular companies indulge in exposing privacy data of large number of Internet users.

This has actually been a serious challenge in recent times and has called the attention of numerous governments of the world. To a great extent, the European Union assumed responsibility by initiating and instituting the GDPR (General Data Protection Regulation) to enforce user privacy security by companies.

Most privacy exposure Internet users face,is as a result of dearth of appropriate data security measures seen in centralized platform. Nevertheless, the application of newest technology (cryptographic algorithm), proves to proffer solution to ensure security of users privacy.

However, here comes SERO, the proven panacea to handle the above issues

2FFvzA2zeqoVJ2SVhDmmumdPfnVEcahMce9nMwwksSDdRvPjmRN9aQLN1M2xRhRUjFXxztgZ9BR36QxJKkgpyxv4nqR4DZ68a1oMu6kCGLF1XA9aSo8AKJNkkr1Bk.jpeg

What Is SERO?

SERO also called Super Zero refers to the first blockchain system in the globe today, that actually brings the total privacy security into reality, by the means of non-interactive zero-knowledge proof.

When Comparing this technology to the blockchain privacy protection technologies already in existence, SERO can not only bring privacy protection of information on account and transaction into reality but also gives support to Turing complete smart contracts. Furthermore, encrypted cryptocurrency giving support to smart contracts can also be invented by developers using SERO-Chain..

SERO Design Principles

SERO has fundamental principles to meet, including requirements for system capacity, in Turing complete Blockchain network;

On Blockchain network, each transaction possess an input and output on which every flows of transactions are traced. Therefore SERO is well designed to dismantle the chain existing between the two transactions thereby making the privacy attack totally impossible.

Every user has private collection address in the blockchain network and all transaction has a corresponding identity on the address in the network. This results to exposure of user private data, but the good news is that SERO applies encryption technology ensuring that payment address is unrelated.

The real behavior of users posses statistical features. In a situation where there is a correlation that showcases such statistics in the Blockchain network, there is the possibility to figure out the addresses is owned by a specific user by statistically analyzing the blockchain data. Therefore, SERO must have the capacity by technological assistance, to hide the address completely including the interaction between addresses.

-During the transaction data hiding process, SERO, will not absorb all the data into its scope. SERO will put into consideration, the usage character of the user and concerns before periodically carrying out research and development.

SERO's Plans Towards Implementation

Sero has three major phases of implantation plan which includes;

Phase 1: SERO intends to absolutely secure the inputs and outputs of the trading details and system via non-interactive zero-knowledge proof (NIZK).

Phase 2: As the smart contracts runs online, SERO will also make provisions for a latent structure known as (HDS) so as to the criteria for the entire number assets issued with protected contracts.

Phase 3: Finally, SERO will apply a more sophisticated consensus mechanism to enhance the efficiency of SERO networks.