SERO : A GLOBAL LEADING PRIVACY PROTECTING PLATFORM
Introduction
Privacy is one thing that no one jokes with, everyone has a dark side they would rather keep to themselves. For instance, journals and diaries, so many people write things that they wouldn't want anyone to know about in these books, that is the reason the dictionary word SECRET came to being right?. The world have grown so vast, technology is at its peak, and internet a giant source of information. Internet, science and technology has sunk its root into our day to day activity, it would be almost impossible to get rid of it now, should we say its already late?, well yes,it is most definitely late. Currently, the need for privacy is at a very high demand. It is unbecoming that agencies who are supposed to protect privacy are the ones giving it away with both hands.
So many well known companies, accidentally gave out a large number of user privacy data. Companies like the likes of Uber, Paypal, Yahoo, and so many other groups, which has led to compromising and tampering with tens of millions to hundred of millions of user information. In the year 2018, in the space of just two days, Facebook lost tens of billions of dollars in market value. This situation have called the attention of GDPR to urge companies to efficiently protect users' privacy.
SERO SOLUTIONS AKA SUPER ZERO
SERO is a blockchain system, the first of its kind that truly has idea about complete protection of privacy, they intend to carry this out through the use of non-zero-knowledge proof. When compared to other blockchain privacy protection technologies, SERO is not just interested in the protection of account and transaction data, they also support Turing complete smart contracts as a plus, they grant developers the opportunity to create their own encrypted cryptocurrencies that supports smart contracts based on the SERO-chain.
SERO-chain will help to make the dream of privacy protection come true, they have re-designed the structure of blockchain and different underlying protocols thereby making Turing complete smart contract a sure thing. They want to make privacy protection measures accessible for a wider range of application scenarios, they also will make attacks on users' private data more difficult, via the use of enhanced NIZK encryption algorithm.
NON-INTERACTIVE ZERO-KNOWLEDGE PROOF [NIZK]
The NIZK Algorithm engineering enhancement is based on the contents gotten from the publication of Ben-Sassoon, Eli et al., that was issued in the year 2014- " Succint Non-Interactive Zero Knowledge for a von Neumann Architecture", The enhanced algorithm went ahead to optimize the encryption process.
Breakthrough Innovation For Bottleneck
Recently, SERO makes use of the zk-SNARKs framework to generate NIZK, it uses the ALT-BN128 curve and the Groth 16 preprocessing process, it reduces the computation time by 1/3 when compared with PGHR 13 preprocessing scheme.
SERO has innovatively developed a Twisted Edwards curve to take the place of SHA256 to generate the public key and ECC Hash to generate Merkle tree, this can cause an increase in transaction speed by more than 4 times.
SERO has adopted a single input and output structure, each description is connected by an asset channel. This kind of circuit configuration is more modularity, when it comes to multi-core CPU,the efficiency of parallel execution is trippled.
A section of the code of Super-ZK will be written in assembly language, it optimizes engineering structures such as resource allocation and makes it more effective in code execution.
The SERO Design
In order to make the SERO design unique, they will be operating with these principles:
Un-traceable : it is expected that every transaction on blockchain network should have an input or output, this construct an acyclic graph of transactions, this is base where all transaction flows and can be tracked, the purpose of SERO design is to break the link between the two transactions, this will make the attacks impossible
Un-associable : Every user on the blockchain network has their own collection address. Once an address is related to the real user identity, all transaction that takes place in the network can be associated with the corresponding user identity.
The Team
Conclusion
The SERO is a blockchain system, that is giving back to the users their privacy, they do know that so many users have lost their private information to internet attackers, and its quite unfortunate that what is supposed to be private is given out by the so-called big companies, whatever they stand to gain for letting out their users most priced information to outsiders is something that unfathomable, but the SERO platform is working a way out of these tunnels.
Useful Links
Website: https://sero.cash
Tencent: https://v.qq.com/x/page/s0792e921ok.html
Twitter: https://twitter.com/SEROdotCASH
Medium: https://medium.com/@SERO.CASH
Github: https://github.com/sero-cash
Reddit: https://www.reddit.com/user/SEROofficial
ANG: https: // bitcointalk.org/index.php?topic=5123382.0
Linkedin: https://www.linkedin.com/company/sero-global-inc/
Facebook: https://www.facebook.com/SEROProtoco
Authors Details
Bitcointalk username: kingairdrop
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1862137