Since the creation of the first public blockchain protocol and thr first decentralized currency, it has brought gradual improvements in the way we do businesses and the overall concept of money. The world has seen many blockchain based projects that are trying to integrate this revolutionary technology into conventional way of doing businesses and social interactions.
But, one of the major concerns that goes against the dream of Satoshi is the inability of most blockchain protocol to protect the privacy of their users though they are Still enjoying the concept of peer to peer transactions. An average individual and more complex organizations demand the complete privacy of their data and other important digital information, they want the identity of their transactions not to be accessible by the public , they want it to be private to themselves.
Since the creation of Bitcoin public blockchain protocol, we have seen the rise of many improved public protocols with new features. Ethereum pioneered the second generation of blockchain protocol which comes with decentralized applications and automated smart contract. With Ethereum also, hundreds of projects came into existence with different real life utilities. Those projects on Ethereum blockchain are building conventional way of doing businesses on the platform thereby leveraging on the unique features of blockchain which includes transparency , immutability, trust, safety , security etc.
But be that as it is, the contending issue comes from the inability of first and second generation blockchain protocols to support full encryption and privacy protection of smart contracts. On the mission to find solution to privacy of cryptocurrency users worldwide, there was a creation of many privacy focused coins and the most popular two among them is Monero & Zcash but the big disappointment of this two major privacy coin projects is that they don't have the capacity to support smart contracts and this is the reason why there is urgent need for the creation of Supper Zero platform with a Zero proof of knowledge protocol.
The Creation Of Supper Zero
Aside from the technical expertise needed to be able to come out with privacy cryptocurrency that will give smart contracts full support, the team of Sero are the first to take this up and they do so with the creation of a blockchain protocol which is built on Zero Knowledge proof with the capacity of being able to offer full privacy protection and also serve as public protocol with a support for smart contracts.
There is a need to compare SERO with the two popular privacy coin out there, SERO is built in a way that makes it to be more 20 times faster than both Monero and Zcash in encryption with its feature of Super Zero Knowledge. Furthermore, the team of Sero has designed a three-in-one platform with the capacity to offer a full privacy protection solution for DAPPs as well as advanced innovative technology, below are the components of these 3in1 features of Sero:
SERO as a privacy cryptocurrencies platform that completely supports smart contracts.
ALIEN protocol as a protocol that can solve security problems within the transmission of information in decentralized networks).
CASTROL protocol as a protocol which protects decentralized networks and provides privacy protection for every node in the Internet. This achievement clearly shows how determined SERO team is in completely transforming the blockchain technology by adding value to it.
SERO Coin And Its Usage
The team of the project has created a coin which serve as the main driving force fueling the operation of SERO ecosystem. The coin serve many purposes which includes:
For book keeping rewards and incentives payments.
For rewarding those that take part in the development of Sero community.
It will be use to pay those offering algorithm as rewards for their services on the platform of SERO. There are still many other usecases of it which time will not permit me to point them out here, This article is just a tips of the iceberg and many more will follow after this, so I will advise you to stay tuned.
Links To Sero Resources
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
My Details
BTT Username: Aramine
BTT Link: https://bitcointalk.org/index.php?action=profile;u=2587883