SERO: New Generation Of Anonymous Cryptocurrency

chacha10 (36)in #sero • 5 years ago

One of the places where privacy is exceedingly esteemed is that of financial transactions, it is extremely awkward and bizarre to see someone declaring to the public each information about his funds… ..perhaps if such person exist, his/her psychological stability should be reexamined. Information about financial exercises of people or corporate substances are better held concealed to the individual or the relevant authorities of the corporate institution. The financial world remains a part in life that is constantly prone and alluring to attack, fake exercises and scams, hence, prompting the situation where most if not every financial transaction need to stay private and concealed to the significant owners or partakers of the financial transaction in question.

The blockchain technology is one of the panacea to the instances of extortion and dishonest actions attributable to its transparent and decentralized methods for dealing with transactions including financial exercises. In handling of these transactions on the blockchain network, any taking an interest person on the blockchain network approaches the information and subtleties of the transactions recorded on the blockchain, obviously, this isn't beneficial to financial issues since anyone with questionable intention could change and utilize the financial information of the blockchain members to dupe clueless unfortunate casualties enormous aggregates of their valuable. This situation calls for more work on privacy security on the blockchain tech.

PRESENTING SERO

Sero is a blockchain network that plans to solve issues with respect to user personality privacy, user account privacy and transaction information over the blockchain network. With the Sero blockchain protocol, it will turn out to be for all intents and purposes unimaginable for any potential attacker on the blockchain network to disentangle identities of users on the blockchain through the examination of the publcly accessible records of transaction on the Sero blockchain.

Sero blockchain makes it workable for the sender's and collector's records to stay anonymous just as the covering up of the transaction detail between the sender and recipient to general society. It's only those that are straightforwardly engaged with the transaction procedure that are aware of have a look at the transaction subtleties while those that are not associated with the transaction legitimate but rather are partakers of the Sero blockchain stay in obscurity about the details of the entire transaction process. With the assistance of the refined NIZK encryption algorithm, Sero blockchain makes the event of an attack occasion on users data on its blockchain near unthinkable.

So as to improve the computational intensity of the Sero blockchain, the NIZK data encryption algorithm uses less memory resources. Smart contracts are significant fixings in most blockchain networks, and attributable to the nature and modalities of smart contracts which stipulates that all its implementation details must be unmistakable and accessible to all partakers of the blockchain network, most privacy blockchain protocols don't support smart contract in view of its lack of interest to anonymity.

For more information about the Sero project, visit these links

Website
https://sero.cash/en/

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

Twitter
https://twitter.com/SEROdotCASH/

Telegram
https://t.me/SeroOfficial

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

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

LinkedIn
https://www.linkedin.com/company/sero-global-inc/

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

GitHub
https://github.com/sero-cash

YouTube
Discord
https://discord.gg/3AZVMRU

Wiki
https://wiki.sero.cash/