The Goal Of Creating Sero And Development Plan

in #sero5 years ago

The internet was created as a solution to the problems of communication, speed and overall improvement of the global ecosystem. The internet did indeed come with massive benefits it was the real recipe for the globalization of industries. Various global economies run and depend on the world wide web. This benefit comes at a particular cost which is privacy was lost. Technological experts believe the solution lies with blockchain technology because of its features of high privacy and security structure. And indeed they were right blockchain is was indeed the solution however but not the way they imagined it to be. Bitcoin which is the first digital currency has not done anything as touching the absence of privacy despite the fact that there are a free stream and adaptability of utilization between the blockchain and the web. Via the bitcoin network, the status of numerous transactions can be followed and mystery has been the primary test from quite a while yet Sero has a method for securing the status of the initiator of transactions with the end goal of protecting their privacy because without the origin there is high difficulty in knowing the destination of transactions.

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The highest level of privacy structure is what sero is building and being the best place for security and privacy is what sero's aims to accomplish for its users. The project has quite recently been developed with the perpetual solutions to control the impacts of absence of mystery and make the wisest decision to make an alteration. Not just private people will appreciate the integrity of Sero, it was made for huge associations too and businesses both little and extraordinary in light of the fact that no element is forgotten when issues of security or mystery are concerned. No one will get a kick out of the chance to have their private data spilled or abused by the open unquestionably. Sero uses features that are extremely magnificent having the stuff to patch up the condition of security in these elements that utilizations it. Sero working with these features is so uncommon notwithstanding the utilization of smart contracts that assumes an extraordinary job in the ecosystem. The ledger technology will make it up for users through Sero and that will make such a significant number of individuals that have no clue about how to handle the issues of uncertainties so they can apply the sero Innovation in their tasks. Some other mystery coin like Monero and somewhere in the range of a couple of others developed for a similar reason yet flopped because of a couple of challenges they confronted. Presently the entirety of their failures and inactions as seen by the group have been contemplated and appropriate measures have been taken to guarantee Sero commits no such errors too.

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Development Plan Of Sero

Sero is carefully been developed in phases all in correlation with the projects ultimate goal. In the first phase of Sero developments plan. SERO will completely secure the intricate details of the trading system and trading subtleties with the assistance of non-intuitive proof with zero exposure (NIZK). Transaction subtleties are imperceptible to everything except two gatherings included. SERO will bolster the task of smart contracts in a chain and coordinate the assets produced by smart contracts with SERO's very own trading activities, taking into account that smart contracts work on the web and the total number of open contracts of assets issued are of widespread use. This will guarantee the classification of assets made by the smart contract.

The completion of phase one immediately triggers the second phase which focuses on making Sero a major aspect of smart contracts working on the web, SERO will give a shrouded data structure (HDS) to meet the prerequisites for the total number of assets issued with secure contracts. Calculations for HDS complete the chain. The capacity will secure the total number of assets issued under the contract.

In the third stage, SERO will embrace a further developed accord system to improve the limit of the SERO networks. In the meantime, SERO will break down the contract into two phases: autonomous settlement and online confirmation. An autonomous calculation will completely comprehend the calculation guidelines and data and return the encrypted outcome. At the point when the outcome is submitted on the web, the webpage will just check the outcome and decide if the data consents to the calculation run; the hub won't know the subtleties of the data and the calculation rules

This is the SERO Road Map As Cited in the project Publications. You can find here he development so far and future plans of the project

September 2018 - AlphaNet release

Open source for GitHub

Anonymous transaction support

Support smart contracts

Support for issuing anonymous tokens using smart contracts
November 2018 - BetaNet-RC Network release

Release PC Wallet

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Support for issuing anonymous tickets using smart contracts

Support for a decentralized mining license
December 2018 - BetaNet Release Network Release

Support for issuing encrypted packet

Support for closed orders and private over-the-counter transactions using smart contracts

Support payment on behalf of gas in smart contracts
March 2019 — Deploying a global hub, preparing for a basic network environment
April 2019 - MainNet Network release

Comparison of SERO tokens on beta with MainNet

Light wallet support

Support for offline computing function

Release of SE-Random Consensus
July 2019 - the release of the ALIEN and CASTROL protocol

October 2019 - adding secure multiparty computing (MPC) mechanisms

Sero Social Profile
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

Written By: Ahmodinho

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2300504

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