SERO (Super ZERO protocol) is the world's first privacy digital currency based on Zero-Knowledge Proof that supports Turing complete smart contracts, and it is also the world's first self-published digital currency Privacy-preserving public chain of non-homogeneous privacy-preserving assets in distributed applications. SERO is a 100% pure privacy coin, and its performance far exceeds Zcash, which also uses zero-knowledge proof technology. SERO has received early investment from Capital, Quantum Foundation, and former IDG partner Zhang Suyang.
The maximum supply of SERO is about 650 million, and the entire production cycle is 97 years. It adopts the most advanced PoW+PoS hybrid consensus, and PoW performs hash operation to produce blocks, and PoS votes to determine the validity of blocks , the ratio of PoW and PoS rewards is 1:1, and the size of the reward varies independently with the respective mining difficulty. At present, SERO has experienced two halvings of mining output. The first time is for the community to vote to reach a consensus on destruction in February 2020: the maximum block reward after the destruction is from 71.2 to 35.6, and PoW and PoS are still 1:1; the second time is In April 2020, the natural output of mining will be halved, and the maximum block reward will be increased from 35.6 to 17.8. A new halving will be completed about every four years in the future.
SERO was invested in the early stage by former IDG partners Zhang Suyang, LD and Quantum, and has now connected with many large mining pools such as F2Pool.
