Hello readers, in this article I am introducing to you an innovative project ( SERO) that has been designed to enhance privacy protection globally . As we all know there is need to adequately protect our privacy and only give out or share information that we want to share. For instance, people want to protect their medical history from being leaked to avoid discrimination. 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 AS A PRIVACY PROTECTION PLATFORM
SERO is the first and of course the best coin protocol that is designed to completely protect user’s privacy. And the beautiful aspect of SERO is that it doesn’t just protect user’s privacy but also support smart contract using Zero knowledge proof by adopting innovative UTXO+ Account mixed mode. Also with the use of SERO as the world’s first privacy protection coins every developer who wants to create a privacy coins and use them in their DApps will be able to do so with ease and such DAPPs will have privacy features. To further enhance privacy, SERO has built the a ZERO – Knowledge proof encryption library that is the fastest in the world, otherwise known as SUPER- ZK . This SUPER –ZERO KNOWLEDGE (super –ZK) is designed to initiate transaction above 2o times the latest ZK – SNARKS which is used by Zcash. In the ZCash – transaction, it usually takes up to 2 minutes or above to complete conformation, but SERO- CHAIN has improved that by redefining the encryption performance to be above 20 times faster using the same time as a whole is still at its infancy stages of development.
MORE UNIQUE FEATURES OF SERO
Apart from the goodness of SERO Chain described above, there are more innovative features that make SERO the best privacy protection platform in the world.
It will interest you to know that SERO is rebuilding the storage structure of Ethereum , by using UTXO + Account mixed model, SERO is designed to allow privacy and security features for every token that is created on SERO BLOCKACHIN. This unique design of SERO provides scalability characteristics to SERO blockchain . That is why any developer can issue their own token and DApp using SERO chain
Do you also know that SERO CHAIN is the only blockchain in the entire world that is able to support the exchange of multiple cryptocurrencies which run in a single smart contract? This is because SERO smart contract has the ability to perform decentralized trading of several different digital currencies. Although there may be need for a third party to conduct a financial audit in a company , With the use of SERO Chain, users only give permission to a third party to carry out such financial auditing when the need arises; no one has access to the financial information without the consents of the user.
SERO HAS ISSUED A TOKEN
In order to tonkonize the ecosystem, SERO has issued a utility token which will run the ecosystem and be used for several services and transactions on SERO platform. For more information on this project please use the links provided.
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: vickyphred
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile
