The modern world dictates its conditions to us. They are trying to regulate cryptocurrency, governments want to tax honest people and benefit from our actions with digital assets. Therefore, today humanity needs not only security, but also a high degree of confidentiality. This mainly concerns large capital holders, for whom excessive publicity can be a big problem and even pose a threat to life. They are extremely interested that their accounts remain incognito, and even companions did not guess transactions. The existing cryptocurrency can not guarantee 100% anonymity to its users. This was the reason for creating the SERO project .which can give all of humanity maximum confidentiality and independence from government bodies and regulators.Immediately I would like to note that the project is not new, it has already managed to give a good account of itself and even take a prize at one of the conferences. On the market for more than a year, actively traded on many exchanges. At the time of this writing, the price is $ 0.05 — https://www.qbtc.ink/markets?symbol=SERO_USDT . SERO is the first solution in the world that made it possible to use confidential cryptocurrencies in DApps. Applications, while remaining as anonymous as possible and supporting smart contracts using confidentiality protection currencies in DApps. Anonymity is based on zero knowledge.If you compare SERO with an anonymous cryptocurrency Zcash , then it is much higher and is able to provide its customers with more reliable service.
Despite the power of Zcash technology, there are a number of problems.Disadvantages of ZcashA small part of transactions in the Zcash network are anonymous, most users use transparent addresses during trading operations;
It takes a lot of time to create anonymous transactions in Zcash, not everyone is comfortable.SERO advantages over Zcash
- Zcash is an obsolete version of anonymous cryptocurrency, but the blockchain technology does not stand still, today more innovative developments are needed. SERO meets all the requirements of ever-growing needs and represents a more modernized model.
- Zcash is anonymous only 10%, that is, only one tenth of tokens are anonymous. SERO is 100% anonymous.
- In both SERO and Zcash, the anonymous part uses knowledge zeroing, but with SERO the schema structure is more optimized than Zcash, generating an order of magnitude faster than Zcash code to prove that part and encryption speed is faster than Zcash.
- SERO is the world’s first anonymous currency platform based on the Zero Knowledge Proof, which supports Smart Contracts, which means that users can anonymously release and trade using ERC20 Token or ERC721 Token, a smart contract that has a unique application.
EcosystemSERO boasts four types of assets; SERO coins, anonymous tokens, tickets and packages together make up the ecosystem of anonymous assets of the SERO ecosystem. These types of assets are ideally integrated into a single coding system, combined with programming of these assets using the full intellectual contract Turing the SERO ecosystem, developers can first implement various DApp applications related to confidentiality that are not supported in the previous system in the blockchain. and are suitable for implementing business requirements in various areas of privacy protection.Privacy protection is a serious requirement for individuals and organizations in the real world. SERO supports Turings Complete Smart Contracts operations and various privacy related components that can support the expansion of different economic ecosystems. Issuing an anonymous asset is no longer exclusive to those with extensive knowledge of cryptography. Common systems developers who need to issue anonymous cryptocurrency can issue their own anonymous tokens in the SERO chain and, therefore, create their own privacy ecosystem, which greatly expands the use of blockchain systems. Here are some typical usage scenarios below.Supply chainBlockchain can solve the problem of upstream and downstream transaction vouchers and the traceability of the supply chain system, simplify the management of central enterprises of the supply chain, and provide appropriate solutions for financing upstream and downstream enterprises. However, confidential data, such as prices and quantity of goods, is faced with the problem of leakage of commercial secrets when they are in the blockchain. With the SERO system, the problem of disclosing trade secrets can be completely solved, and at the same time, the parties involved can take advantage of the advantages of using the blockchain system.The medicineDigital privacy in all aspects of medicine and healthcare. From personal medical records to medical records, multipurpose confidentiality protection and authorization mechanisms require very flexible and secure confidentiality protection options, including hospitals, patients, insurance companies, pharmaceutical companies, etc. The SERO system solves privacy problems faced by patients. and hospitals, and also allows insurance companies and pharmaceutical companies to comply with safety regulations and use relevant data with the permission of patients.Online AuctionOnline auctions seek justice, bidding confidentiality is an important aspect that is often difficult to obtain due to conflicting interests. SERO can provide an absolutely safe, independent and fair trading environment.Online casinoThe development of the online casino industry has always been limited by the centralization mechanism. Online casino applications often require a high degree of privacy protection for a competitor’s strategy. In these applications with huge cash flow, decentralized systems of intelligent contracts are required, which can provide multiple bids, payments and settlements, and the SERO system can fully support this type of business.Online GamesLarge-scale online games often require a system of tokens that are easy to distribute, trade and count, and can also be produced and distributed on the basis of smart contracts, while protecting the confidentiality of transactions. SERO is the only technical solution that supports a multi-token system that issues and distributes homomorphic smart contracts with additional transaction confidentiality for accounts.SERO is by far the most advanced of all types of anonymous cryptocurrency. This company has a huge potential for development, since in the coming years cryptocurrency will begin to regulate, people will simply need anonymity. In addition, this technology can be useful in many sectors of the real sectors of the economy in which maximum confidentiality of data is necessary. SERO can be used in the credit industry, the insurance industry, trade in various raw materials and in government agencies.SERO has very broad prospects for use and in the future will undoubtedly become one of the most sought-after anonymous digital assets.More information on the project SERO network please visit their website listed below: WEBSITE: https://sero.cash/en/
WHITEPAPER: https://sero.cash/en/uploadfile/upload/2019052010565112.pdf
ANN: https://bitcointalk.org/index.php?topic=5123382.0
WALLET: https://sero.cash/en/#wallet
TELEGRAM: https://t.me/SeroOfficial
TWITTER: https://twitter.com/SEROdotCASH
FACEBOOK: https://www.facebook.com/SEROProtocol/
MEDIUM: https://medium.com/@SERO.CASH
Author
• Bitcointalk username: chasun
• Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2154730
• Telegram username: @chanakahasun
• My wallet: pEMtGL9GbouvTmYbkEK5NcXAaQtYTdzTekkhdrEpYpbU9DHK8UoTw2ZcGkLjDTFNge8PVS8EgDFNk72JThBT5TZsZy7GQBxqGvWBhcHwkxBCER9QKJZaRAm1EuEsRQfwfGP