• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Suter Shield BSC logo

Suter Shield BSC

Total Users
0
Rewards
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Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$95,605
Category
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Blockchain
Bnb-chain
Language
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What is Suter Shield BSC?

Suter Shield BSC is a decentralized, layer-2 solution for transaction and data-protection built on Binance Smart Chain, while also can be integrated with other smart contract platform such as Ethereum, Heco etc.

It applies public key homomorphic encryption to protect the transactional amount and conceals the identities of the sender and receiver of a transaction among other system users through invoking zero-knowledge proof. In other words, Suterusu protocol not only provides anonymity for the involved parties and but also transactional confidentiality.

Suter Shield allows the sender of a transaction to arbitrarily select the target receiver of a confidential transaction without the need of sharing any secret with the receiver beforehand. Therefore, it is not only much more user-friendly, but it also provides a foundation to adapt to more sophisticated privacy-preserving DeFi functionalities such as DEX, insurance, loan, etc.

In addition, compared with other similar solution, Suter Shield BSC not only facilitates the anonymous and confidential transactions of BNB and BEP-20 tokens, but it is also a much more modularized and universal privacy-protection solution for any smart-contract platforms, which is why we can easily transform our solutions to other platforms such as Ethereum or Heco.

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.