SERO: THE NEXT-GEN PRIVACY BLOCKCHAIN

in #blockchain6 years ago

The global financial market is flooded with decentralized applications for payment and transaction this is largely due to the effect of blockchain technology that allows borderless, fast and secure transactions. With more and more attention being allocated to blockchain technology and oversight privacy has been compromised. Projects such as Monero, Zcash Dash, etc has created privacy coins that conceal transactional details and have received warmth reception these coins being top coins on CMC alone a validity of this claim. Sero is developed to solve the privacy issue with blockchain and add spice to the whole privacy chain space.

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Why Was SERO Created

SERO is developed with the goal of being the best and a top-driving innovation that depends on zero-knowledge, it is balanced towards executing a full blockchain privacy assurance just as an open chain that will flawlessly supports smart contract administrations while ensuring privacy. For financial transactions, Sero is intended to totally secure all the info and yields of the trading system and the trading subtleties through non – intelligent Zero-knowledge proof otherwise called NIZK. SERO made each transaction detail to be imperceptible to others separated from the sender and beneficiary.

Smart Contracts Functions

Empowered with smart contracts functionalities SERO is intended to keep up the smart contracts running on the chain and permit the mix of assets produced by the Smart contracts utilizing SERO blockchain system this is indeed a unique feature as regard privacy chain and coins.

High Security And Privacy Level

Also for security and extreme privacy, SERO is intended to offer an inactive structure which is known as Hidden Data Structure (HDS) so as to satisfy the required usefulness for the absolute number of assets that has been made with ensured Contract

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NIZK Algorithm Improvement

The building of improvements depends on the contents of production of Ben-Sassoon, Eli et al., issued in 2014 - 'Concise Non-Interactive Zero Knowledge for a von Neumann Architecture'. The algorithm further advanced the encryption procedure to be applicable in the setting of the blockchain data foundation for the appropriated system.

Encryption Process Optimization

Focusing on the encryption execution issues of Zcash - the transaction frequently takes 1 to 2 minutes to finish. SERO CHAIN reclassifies the whole encryption procedure to decrease transaction time. The subsequent presentation is more than multiple times quicker than Zcash

Executions Of Turing Smart Contracts

SERO blockchain will have the capacity to executes Turing complete smart contracts on its blockchain system subsequently, incredibly growing the application of the blockchain systems. The issue of the mysterious cryptocurrency is never again restrictive to not many that have a broad knowledge of cryptography. General system developers, with the business, needs to issue a mysterious cryptocurrency, can issue their very own unknown tokens on the SERO chain and build up their very own private nature. The Turing complete smart contracts on the present rendition of the SERO chain underpins the issuance and exchange of privacy tickets with complex data structures.

SERO coin Information

The SERO utility Coin n is uncommonly intended to work as a primary drive hotspot for the SERO ecosystem, the SERO utility token is performing multiple tasks since it tends to be utilized a vehicle of payment for accounting, motivating forces and rewards, it can likewise be utilized to encourage the network development and advancement.

Sero Social Profile

Website: https://sero.cash/en/

Whitepaper: https://sero.cash/en/uploadfile/upload/2019052010565112.pdf

Reddit: https://reddit.com/r/SERO_Official

Facebook: https://www.facebook.com/SEROProtocol/

Telegram: https://t.me/SeroOfficial

Twitter: https://twitter.com/SEROdotCASH/

Medium: https://medium.com/@SERO.CASH

Written By: Ahmodinho

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2300504

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