Suterusu SUTER Price 0.00043858

What is Suterusu?
Private payment infrastructure for smart contract platforms is called the Suterusu Protocol. The Suterusu Protocol does not require a trusted setup. Compared with similar solutions, the proof generation and verification efficiency are greatly improved. It is safe and transparent because there is no need for a trusted setup. The technical paper has been accepted by Eurocrypt. The Suterusu Protocol has been used on many platforms. We plan to deploy Suterusu protocol on a number of smart contract platforms. It is the first privacy project funded by the guild fund. We are applying for a grant. The Suterusu Protocol wants to build a private payment infrastructure.
There are pages related to this. You can learn more about DeFi. You can learn more about this. You can check out the website. You can learn more about Web 3.0.
What makes Suterusu unique? People can transact with each other in several cryptocurrencies. Transactions are not completely anonymous. Transactions are not public. The privacy issue was solved by several cryptocurrencies. They use a verification method called Zk-SNARK to protect the identity of users. The lack of support for smart contracts is a shortcoming of this technology. Suterusu created a product called Suter Shield that allows users to take advantage of privacy payment features. Suter Shield works in four steps. Users can register for new Suter accounts by entering a private key. UserS can invoke the fund module by converting their token to Suter-ETH or Suter-ERC-20. The converted token is added to the Suter account. Users can transfer the converted token to a Suter account. The Suter token can be converted to its original form with the burn module. Private DeFi payments, proof of identity, and data protection and monetization are some of the Suterusu use cases.
How many Suterusu coins are there?
There is a hard cap on the amount of SUTER token that can be held. Of the total supply, 16% were sold in a private fundraising campaign, 3.2% were allocated to Suterusu Foundation, 4.8% were reserved for the team and the remaining 76% will be used for future user growth. The investor token was unlocked in January.