SERO (SERO) ICO review
SERO (Super Zero) is the world-leading technology with SUPER Zero-Knowledge Proof that truly implements blockchain privacy protection and a public chain platform that supports smart contract operation.SERO is the world's first cryptocurrency technology to achieve complete privacy protection and to support smart contracts through Zero-knowledge proof. Zero-knowledge proof used by SERO is reviewed and approved by professional organizations. The protocol is built on the latest cryptography studies that greatly improves performance and security. Added privacy protection to the entire transaction sequence of cryptocurrency on the blockchain. Account information and transaction amount are no longer transparent to the entire network; aligning user privacy needs with actual consumer scenario. SERO has developed Super-ZK — Zero-knowledge Proof encryption library, independently developed by SERO which is currently the fastest in encryption performance. In the same application scenario, Super-ZK encryption speed is 20 times faster than Zcash (the mainstream privacy protection cryptocurrency that at present, uses zk-SNARKs). Compare with Bulletproofs (the latest bulletproof protocol), Super-ZK is 4 times faster. SERO solved the Zero-knowledge proof performance problem. SERO will lead the privacy protection space and the preparation for the wider commercialization of blockchain.
Sero (Super Zero) is the world's first blockchain system that truly realizes the complete privacy protection of blockchains through non-interactive zero-knowledge proof. Compared with the existing blockchain privacy protection technologies, Sero can not only realize the privacy protection of account and transaction information, but also support Turing complete smart contracts. In addition, developers can also create their own encrypted cryptocurrencies supporting smart contracts based on Sero-Chain.
Sero re-designed the blockchain structure and various underlying protocols, making Turing complete smart contract for privacy protection come true. Making privacy protection measures available for a wider range of application scenarios, and also making the attacks to user’s privacy data more with advanced NIZK encryption algorithm. In addition, the upcoming Sero V1.0 release, NIZK encryption algorithm is thoroughly optimized, which greatly reduces the memory resources required and improves the computational efficiency. Compared with the mainstream privacy cryptocurrencies, Sero's supports of Turing complete smart contracts, privacy protection measures and its related decentralized applications have significantly broaden its use scenarios.
More importantly, the Sero team considers the privacy protection measures required by the decentralized applications. The team also plans to provide solutions for the security of point-to-point network transmission and the privacy of the physical network address of the account, enables the centralized application to obtain powerful privacy protection functions when interacting with the centralized application or when interacting with the user's client.