Sero – Blockchain Privacy No Longer A Mirage

chikky08 (46)in #blockchain • 5 years ago

The Internet revolves around data with millions of people having theirs collected involuntarily. Data sales remains a big business and a lot of companies thrive on the obtaining data regarding their target market. But Privacy leaks have become commonplace – the Facebook episode remains evergreen in the mind of many, especially Mark Zukerberg whose company lost billions of dollars in share value due to that mishap.

Blockchain might be the poster boy of privacy, but the digital ledger hasn’t exactly lived up to the billing. And it won’t surprise many. Blockchain is continually marketed for its immutability and transparency without much words being mooted concerning privacy. Experts believe this lackadaisical attitude towards privacy has become the spanner in the wheels of progress of the ledger which have negatively affected its versatility in real world use cases - privacy remains more highly valued than transparency in the real world.
With the growing need for privacy, more startups have delved into the murky waters of creating an illusion capable of masking transaction information through encryption. But has this succeeded? Largely but not without some drawbacks which affect the supposed gains.

SERO’s Game Changer
Despite the number of privacy projects already in existence, SERO throws its hat into the ring not because the proverbial sky is big enough, but to probably to plug some loopholes. Current privacy technologies have several challenges which have hampered the efficiency of their privacy protection. Also, SERO intends to expand the horizon of privacy protection so more people and be covered by the safety net.
SERO’s modus operandi is a kettle of fish worth ingesting. The privacy platform combines protocols like Alien protocol and Castrol protocol to ensure the actual details of the transactions remains security. One of the strength’s of the platform is its understanding of what needs to be done. Incorporating the turning the smart contract by the privacy platform is considered the clincher in many quarters but is a given while feel this way.

SERO’s dependence on a non-interactive zero-knowledge proof has a few eye brows considering the two parties have full access to the information, but the privacy platforms claims encryption will improve the confidentiality of transaction deflating eliminating initial doubts about the move.
Since SERO aims to avail decentralized app creators the opportunity they seek in solving real world problems using blockchain, the privacy platform created a token SERO coin to make dream a possibility. With this coin, individuals can carry out transactions without much fuss about payment.

Scalability remains compulsory for the SERO platform and rightly so as the privacy vendor has put set the ball rolling with a stance to improve both privacy and efficiency.

Final Thoughts
Whether the privacy platforms survive the onslaught of the real world is a question begging for answers. SERO has raised salient points many startups have strangely ignored. Hopefully, the privacy platform is able to leave pleasant foot prints in the sand of time with this project.

To have more insight about sero, kindly click on the links below

Website https://sero.cash/
WhitePaper https://sero.cash/en/uploadfile/upload/2019052010565112.pdf
ANN https://bitcointalk.org/index.php?topic=5090910 .
PitchDeck https://sero.cash/en/uploadfile/SERO_PitchDeck_EN.pdf
Sero Wallet https://sero.cash/en/#wallet
Explorer Block https://explorer.web.sero.cash/
Miner Tool https: // github.com/sero-cash/cminer
Telegram https://t.me/SeroOfficial
Twitter: https://twitter.com/SEROdotCASH
Youtube https://tube.com/SEROdotCASH
Facebook https://www.facebook.com/SEROProtocol/
Reddithttps://www.reddit.com/r/SERO_Official/
Medium https://medium.com/@SERO.CASH
Discord https://discordapp.com/invite/3AZVMRU
GitHub https://github.com/sero- cash