One true fact is that only those who have known what it means to protect their data really understand what blockchain offers. Also, those who have been victims of data breaches will also to a great extent appreciate all that blockchain offers. In the world today, many websites sell our data, most browsers track our data etc thus leaving humans to wonder if we are really safe.
Even today, all transactions in the world are tracked or can be traced to the originator as well as to the receiver, thus the question again; are we really safe?. But nevertheless, the advent of blockchain offers solutions.
The first solution offered by blockchain was decentralization; with this feature, it ensures users can assume all control of their data, funds etc and only releasing the necessary information when they want. Thus one can see that data control has been achieved.
Also, blockchain offers the use of smart contracts to ensure an agreement is always reached between two people who wish to transact.
Furthermore, for privacy sake, blockchain made possible the advent of privacy coins which then ensures that users can really initiate a transaction without anyone knowing about it, neither can it be tracked or traced.
Thus one can see that most if not all the data issues etc we are experiencing in the world today have been taken care of by blockchain technology.
With regards to privacy coins, there has been a tremendous headway towards ensuring privacy protection is achieved, but be it as it may, the current privacy coins such as Monero, Zcash, Dash all lack the ability to support smart contracts, nor protect the privacy of DApp developers as well as users. Thus, these limitations led to the creation of SERO.
SERO AND WHAT IT OFFERS
In simple terms, SERO was created to make many underlying features and functions in the blockchain space anonymous and private. That is to say, with SERO, smart contracts will be anonymous consequently making SERO the principal blockchain to accomplish such. Similarly, inferable from the nature of SERO team, that is, they are exceptionally experienced in the field of cryptography and so on; therefore with their knowledge and experience became the first to offer answers to the privacy issues in current privacy coins.
Issues like; no privacy coin supporting smart contracts nor ensuring the privacy of DApp developers etc.
Similarly, SERO's team also offers the privacy of Decentralized Applications, through this way users information just as that of the developers are protected in the long run prompting an exceedingly secure and scalable cryptocurrency.
Unique Nature Of SERO
SERO was entirely developed to be different or rather unique in all ramifications. This is confirmed owing to the fact that SERO utilizes a non-interactive zero-knowledge proof which ensures the privacy security of the blockchain. With this accomplishment, confirms the fact that SERO is unique.
Moreover, SERO is built to support Turing complete smart contracts just as guaranteeing the privacy of users accounts and their transactions data. In addition, by utilizing SERO blockchain, developers can issue their very own encoded or encrypted privacy cryptocurrencies which will support smart contracts as well.
Since SERO is the first blockchain to support Turing complete smart contracts, it succeeded in upgrading different protocols in each case guaranteeing ideal privacy for all users. It also guarantees that satisfactory privacy security measures are promptly accessible for various application scenarios.
Furthermore, with SERO supporting Turing complete smart contracts in addition with NIZK encryption algorithm, it will guarantee that any cyber attacks or data breaches on any user is countered.
CONCLUSION
Taking a look at the accomplishments of SERO, it is evident that in addition to offering privacy it will also succeed in extending its use case in different stages.
Additionally, another wonderful thing about SERO is that it will guarantee the users address are "Un-associable".
SERO is a privacy blockchain platform guaranteeing that the information of DApp developers and users are secured. It will also offer privacy protection for Turing complete smart contracts.
NEED MORE INFORMATION? FOLLOW THE LINKS BELOW
Website: https://sero.cash/en/
Whitepaper: https://sero.cash/en/uploadfile/upload/2019052010565112.pdf
Telegram: https://t.me/SeroOfficial
Discord: https://discord.gg/3AZVMRU
Facebook: https://www.facebook.com/SEROProtocol/
Twitter: https://twitter.com/SEROdotCASH/
Medium: https://medium.com/@SERO.CASH
Author: Chuky92
Author's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2084586