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Suter Shield BSC

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News

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What is Suter Shield BSC?

Suter Shield BSC provides ZCash-level privacy for any blockchain platform or application. It combines a state-of-the-art, trustless ZK-SNARK scheme with near-constant size evidence, efficient evidence generation and verification. Suterusu also introduces the Suter Virtual Machine (SuterVM), which supports smart contract blockchains like Ethereum. Suterusu is a fresh technology, based on solid principles and a true future privacy protocol.

 Contents:

Suter Shield BSC

Description of the Suter Shield BSC

From a technological point of view, the original zK-ConSNARK Suterusu is safe, lacks "reliable presets" and optimizes the ZKP size faster. Suter Shield BSC can provide privacy protection for mainstream blockchains like BTC, ETH and DeFi products. It also has wider uses than Zcash and Monero. In terms of the token economy, the total is constant, halving every two years, and has the lowest inflation rate among the major anonymous coins.

Zcash adapts and implements ZK-SNARK for the first time. Dash uses Coinjoin in its anonymous transactions, which provides fast verification but low anonymity. Grin and Beam are both simplified versions of Monero. While they improve anonymity and safety, the design of account cancellation is inconvenient for users. None of the above projects, including Monero, can support smart contracts, which limits the use cases for their applications significantly.

DeFi project advantages

Suter Shield BSC has developed a functional application strategy that provides privacy protections for mainstream blockchains and DeFi products.

Platform advantages:

Anonymous transaction The feature of digital gold has been recognized by the traditional financial industry and the demand has grown significantly. Suterusu will provide anonymous transaction for BTC, ETH and other major crypto assets.
Decentralized payment Stable coins and legal digital currencies are more likely to act as an alternative payment system than BTC. The People's Bank of China has proposed the concept of verifiable anonymity in its DC / EP plan.
DeFi Based on SuterVM, Suterusu can implement a more valuable smart contract feature. For example, it might set some pre-established rules for contracts, such as different regulations in different countries.

Suterusu's cutting edge technical solution and innovative app model has generated a lot of interest from other public blockchains and DeFi projects. In the area of public blockchains, Neo and IOST have agreed with Suterusu to create a Layer 2 protocol to support privacy protection on their network.

On the DeFi side, STPT and SWFT are also partnering with Suterusu to support privacy protection to tokenize their business assets as well as instant payments.Suter Shield BSC

As for other decentralized apps, Suterusu and Basic Attention, the world's most active decentralized apps with 10 million monthly active users, are discussing zero knowledge authentication. They also work with the DOS network to find the best way to protect privacy during the download process.

Token economy Suter

The total volume of SUTER tokens is 10 billion, of which 4.8% is for the team, 3.2% for the fund, 16% for the participants in private sales and 76% for the mining of shares. The SUTER token uses a deflationary issuance model, which means that the annual supply is halved every two years. The SUTER token has the lowest inflation rate among the mainstream anonymous coins.

More information about Suter Shield BSC

On the site you will find the "About" section. The features of the project and the rules of use are described there. Also, the developers blog on the Medium site.

From social networks, the community leads:

Join to stay up to date with all news and updates. The smart contract has not been audited.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.