SERO: A SECURED AND ANONYMOUS CRYPTOCURRENCY

in #blockchain5 years ago

Overview:

Anonymity has been a talking point in the blockchain cryptocurrency transaction. This have been the main reason behind SUPER ZERO(SERO). Sero is a private, secured and anonymous cryptocurrency that supports smart contracts. It runs on a unique blockchain different from similar cryptocurrency platforms like Dash, monero, Zcash. Most currencies claims to run an anonymous and private transaction but none has been able to achieve this using a smart contract. Some are even centralized and controlled by big institutions and entity.
sero 5.PNG
SERO is the first anonymous cryptocurrency that supports smart contracts. The SERO's R&D team is the only team in the world that presents a complete solution to solve the Privacy problem and has completed major R&D work. SERO team not only considers the privacy of DAPP Users' accounts and transactions but also fully considers privacy protection of DAPPs’ developers, making privacy protection of the DAPP Ecosystem truly secure and stable.

FEATURES OF SERO:

Been the first cryptocurrency to run a total privacy protection using non-interactive zero-knowledge proof, Zero comes with a delightful features.
NON-INTERACTIVE ZERO-Knowledge proof mechanism:
The engineering enhancements of NIZK Algorithm is based on contents of the publication of Ben-Sassoon, Eli et al., issued in 2014 - ‘Succinct Non-Interactive Zero Knowledge for a von Neumann Architecture’. The enhanced algorithm further optimized the encryption process.
Support for Turning complete smart contracts.
Allows developers to create their own encrypted cryptocurrencies supporting smart contracts based on sero-chain.
Providing Solutions for the security of point-to-point network transmission and the privacy of the physical network address of the account, which enables the centralized application to obtain powerful privacy protection functions when interacting with centralized applications or when interacting with the user’s client.
The Sero integration solution is made of three parts. SERO Protocol, Alien Protocol and castrol Protocol.
sero 8.PNG
Sero protocol: this involved the Account system, which is divided into two categories, user account and contract account. The user account is a 32-byte " selected by the user, the contract account generates a 64-byte " corresponding to the smart contract environment the user installed. both categories are unique and non-repeatable. Both accounts have the same features of managing unlimited varieties of seeds except for the settlement of transaction fees using Sero coins, each asset has the same transaction characteristics as the main coins.

ALIEN Protocol: this is a distributed DNS system that can use existing P2P network interaction information, it has the functions of IP automatic switching and dynamic addressing, resists attacker blocking, and enables the entire data transmission network to achieve the ideal stable security.
CASTROL Protocol: The anonymous protection of IP addresses can be realized through decentralized network, which can be used to protect the privacy of physical nodes in both centralized and decentralized networks.

SERO MODEL:

Every transaction done on the decentralized network in the already existing blockchain have been made public, for users to view and follow up. The Sero platform plans is to design a platform that will run an anonymous transaction which will meet several principles as well as the system’s capacity requirements.
Un-traceable. The platform will create an untraceable transaction between two users making an attack to the platform impossible.
Un-associable: Transaction on blockchains are public making it visible to all including the accounts involved in the transaction, resulting in the exposure of the associated behaviors to the address. SERO will uses encryption technology to make the payment address unrelated.
Anti-statistical Analysis. To prevent analysis, sero will completely hide the address transactions and the relationship between addresses.
Practicality principles: further research will be carried out using users exiting usage habit in the platform.

CONCLUSION: the blockchain platform needs to improve on its privacy agenda. This will help to secure users’ funds for attacks. SERO has all it takes to design such an amazing platform using its sets of tools to protect users’ funds and transactions without any traceable routes.
Currently the Sero project is about to kick off an IEO on gate.io Exchange, coming up on the 28th of June.2019.
For More information Please visit: https://sero.cash/en/
https://medium.com/@SERO.CASH
https://twitter.com/SEROdotCASH/
https://wiki.sero.cash/
https://discord.gg/3AZVMRU
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2554834

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