FULL PRIVACY, PROTECTION AND SMART CONTRACT TURING ATLAST WITH SERO

in #sero5 years ago (edited)

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Blockchain technology is a rapidly growing invention that is poised towards ensuring decentralization as against the erstwhile centralized systems, it has grown with the massive level of acceptance that it enjoys but the need for a true blockchain privacy protection cannot be over emphasized because information (data) is the lifeline of every business, country, individual or systems and so the security setup guiding this information’s must not be vulnerable to any attacks, the traditional companies operate an independent database that can merge data and develop data centres all under the management of the organisations this overtime causes security breaches. Blockchain technology is designed as a chronological chain structure that is impenetratable with unique distributed ledger, it is that technology that gives one the ability to get involved in the node and then become a node within the distributed ledger. The nodes are autonomous; they aid the process of authentication and determination of consensus, carryout one to one trading without any intermediate nodes to increase cost, even though the nodes also ensures maximum security in transactions it still falls short in terms of ascertaining full privacy for users, because as stands the different nodes exposes to the public to user addresses, amount incurred by a participant or user etc. in a bid to solve this problem quite a number of projects like coin mixer( centralized), ring signature, monero, Zcash, zero knowledge of proof etc where developed but overtime they all had complications that undermined their ability to ascertain privacy; however with the invention of the SERO also known as super Zero there is hope because it combines the unique peculiarities of the zero knowledge of proofs technology with smart contract turing ability, it has the super-ZK knowledge encryption system based on ZK-SNARKs which 20 times faster than it erstwhile contemporaries like Zcash and the Zero proof of knowledge.

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ABOUT SERO
SERO is designed to enable full privacy (anonymous systems) with compatibility for smart contracts, the project is such that:
(1) SERO has the ability to operate untraceably because it breaks the lines of trace between blockchain transactions

(2) It expresses decentralization and individualism by making it possible for every user within the network to have their own personal address for collection, once the address tallies with the user’s actual identity then there is an association of network that tallies with user identity. With SERO encryption technology unrelated payments can be made

(3)Before the advent of SERO the statistical characteristics of users in signatures can be used to correlate, get vital information and then breach the privacy of the owner of the information, but SERO uses technology as an anti-statistical tool to encrypt addresses of users.

(4)SERO gives users the ability to field in trusted third parties to carry out audit and .some very huge business processes.

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CONCLUSION
The SERO project stands out as the first global digital currency technology that uses the mechanisms of SUPER-ZK proofs to attain maximum privacy, system protection/security and then support turing of smart contracts. The project assemblies a cluster of highly experienced experts lead by Leyla Q, it puts to rest all erstwhile challenges of security, privacy breach and lots more.

For more information visit:

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

Author
Bitcointalk profile link: : https://bitcointalk.org/index.php?action=profile;u=2539309
Bitcointalk username: Abulu730

SERO ADDRESS: UMJ9ss7RYvQyTy8Rt7NZ4e7RFuSiUKSod1urYtNHLv5wunYGmuv3LUhjcZ4ug7JdCFXuexQPK61XngbMPWSgisn21jXQJTd3ZqVV6pKy3gBntoo9Akz9MgnrQ9QfD9PyMCh

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