Zero offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Zero combines Bitcoin’s security with Zcash’s anonymity and privacy. Zero is a network operating by the three fundamental principles of technological freedom: Decentralization, Open Source code and true Peer-to-Peer technology. With Privacy being a fundamental human right, Zero’s trust is based on the subjective valuations of human faith in mathematical algorithms, encryption and numbers. With the three pillars of technological principles Zero’s blockchain is a peer-reviewed system of integrity.
UNIQUE ALGORITHM (Equihash Zero)
Zero uses an alternative set of parameters and runs on it’s own unique algorithm, Equihash 192/7 (also known as Equihash Zero.) This needs atleast 4GB/8GB of RAM to function. Zero created & introduced this algorithm to the Crypto Community in 2017.
NO ICO & NO PREMINE
0% advantage for early adopters. No ICO, No pre-mined Zero, therefore people that buy or mine today have no disadvantages. Zero is not a security.
FAST TX & ZERO TX COST
Zero’s transactions are completed within a few seconds, regardless if sent via T address or Z address. Zero’s transaction fees are 0.0001 ZER, when the networks capacity is high. When Zero’s network is below full capacity the fee reduces to 0. Zero’s blocktime is 120 seconds.
DECENTRALIZED AND GLOBAL
ZERO runs on a anonymous, private, secure and decentralized global network. Maintained by fast & secure nodes run by the Zero community, whilst supported by a PoW ASIC resistant algorithm.
FAST AND CHEAP
Transactions are completed within a few seconds, making ZERO significantly faster than any other major cryptocurrency including but not limited to: Bitcoin, Ethereum, Zcash and Monero. Zero s transaction fees are 0.0001 Zer, when the networks capacity is high. When Zero s network is below full capacity the fee reduces to 0.
ANONYMOUS AND SECURE
ZERO uses zero-knowledge cryptography and fully implements zk-SNARK technology. Shielded transactions are IMPOSSIBLE for anyone to track.
Z & T Addresses
Zero addresses are either private (z-addresses) or transparent (t-addresses). Z-addresses start with a z, and t-addresses start with a “t.” Z-to-Z transaction appears on the public blockchain, so it is known to have occured and that the fees were paid. But the addresses, transaction amount, and the memo field are all encrypted and not publicly visible. Using encryption on a blockchain is only possible through the use of zero-knowledge proofs
YOUR PRIVACY
The owner of an address may choose to disclose z-address and transaction details with trusted third parties think auditory and compliance needs through the use of view keys and payment disclosure.Transactions between two transparent addresses (t-addresses) work just like Bitcoin: The sender, receiver and transaction value are publicly visible.
Methods of Transacting
While many wallets and exchanges exclusively use t-addresseses today, many are moving to shielded addresses to better protect user privacy.The two Zero address types are interoperable. Funds can be transferred between z-addresses and t-addresses. However, is important that users understand the privacy implications of shielding or de-shielding information through these transactions.
Science Behind Zero
At the core of Zero technology is zero-knowledge proofs, this allows transaction data to be validated without revealing information about the amount and the parties involved. Zero uses specific zero-knowledge proofs called zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge).
Zero is built on strong science and audited meticulously by third parties. It is an open-source protocol, built by a security-specialized engineering team, and originally based on Bitcoin Core’s battle-tested codebase.