SERO – Unencumbered Privacy

in #zero5 years ago

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Regardless of what anyone says, privacy is undervalued. It would be a chaotic world if transparency was implemented at all levels. People would react both negatively and positively to such an unbridled level of information. It is akin to giving out land documents to a child – he wouldn’t know what to do with it.

Blockchain hasn’t reached the expected heights of application and usefulness. And this is due to the supposedly beneficial combo of immutability and transparency. No man is an island of knowledge, but everyone is desirous of privacy. The bitcoin network, on which many cryptocurrencies depend on, allows people to track transactions between users including through manipulative means.
As more startups continue to key into the prospects of blockchain, the challenges bedeviling the digital ledger become conspicuous. And like every problem identified, experts brainstorm on a possible solution.
The privacy concerns of the digital ledger have become a subject matter for research, and many startups have come forward with their own approach to tackling the privacy concerns – Zcash, Dash and others were born this way. Unfortunately, much of the solutions proffered aren’t fail-proof as attackers have discovered loopholes to pick the identity of those involved in certain transactions.

                         The SERO Strategy

The privacy flaws of the bitcoin network and the less than perfect privacy solutions have seen the likes of SERO platform stand up and be counted. Its non-interactive zero-knowledge proof approach is above board and definitely looks to have a logical transaction speed. SERO does a decent job of toppling what is obtainable with the use of hi-tech algorithms relevant to cryptocurrency.

Encryption might not be a new thing, but SERO intends to go one step higher through one approach that ensures only the two parties involved in a transaction are aware of the details. This means goodbye to attempts by external forces to access transaction details without authorization – a situation which is still the case on the bitcoin network. The SERO platform promises to take UTXO users along on its pleasure cruise as it supports UTXO accounts.
In overcoming the privacy problems that are currently haunting the users on the blockchain, the SERO arsenal consists of two protocols – ALIEN and CASTROL. ALIEN ensures the automatic alteration of IP addresses, dynamic addressing and other security features aimed at guaranteeing adequate privacy protection. CASTROL works by masking the transaction path and the reinforcement of the IP address switching ensuring attackers are blindfolded.
SERO continues to propagate the privacy of innovation, especially on decentralized platforms as developers earn the rare opportunity to have their projects tokenized with the right encryption provided, so privacy concerns become history. SERO achieves this feat by the introduction of a turing smart contract.
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Final Thoughts

The SERO project might have its heart in the right place, but the real world is actually a jungle where idealistic tendencies are thrown out the window. It is great that the privacy giant isn’t only making wishful statements through its whitepaper as plans are already in motion to ensure users breathe a sigh of relief regarding the privacy of their transactions.

For more information about Super Sero visit:

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

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

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

Twitter: https://t.me/SeroOfficial

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

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

Telegram: https://t.me/SeroOfficial

Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5149398.msg51296385#msg51296385

Author
Name: Adaora
Bitcointalk username: Adaora2323

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2011741;sa=summary

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