Suterusu

Suterusu

SUTER
$0.000208603%-9.84

Key Metrics

Price$0.000208603
Real Volume (24H)$111,795.01
Marketcap$804,174.06
Fully Diluted Valuation$4,023,041
ATH$0.082176
ATH Date11/25/2019, 4:53:51 AM
ATL$0.00037938
ATL Date12/23/2022, 1:42:59 PM
Circulating Supply3.6B
Total Supply10B
WebsiteN/A
WhitepaperN/A
Popularity Rank2530
Chart
What is Suterusu?

Suterusu (SUTER) is a trustless and universal layer-2 privacy-protection protocol that aims to provide privacy and protection to transactions on smart contract platforms. The platform aims to build an on-chain auction scheme that guarantees the fairness of on-chain auctions while also expanding its solutions to protect the payment privacy of non-fungible tokens (NFTs).

Suterusu aims to play a vital role in protecting the privacy of users in the web 3.0 era where users own their content, data, and assets. Without a privacy protection infrastructure, users are exposed to unwanted attention, which can lead to a loss of control over their digital lives.

The protocol provides complete security to transaction data through advanced cryptography, delinking the sender and receiver addresses, and ensuring that only the encrypted data is visible to layer-1 or layer-2 miners. This ensures that individual privacy is protected, even as millions of transactions take place over blockchains.

Suterusu has a native token called Suter, which is used to facilitate the transfer functionality that obfuscates the flow of tokens in the Suter pool. The platform has also developed an advanced ZK-ConSNARK scheme that provides constant size proof, efficient proof generation, and verification.

To ensure a fair auction scheme, the ecosystem protects the bidding price while the bidders’ committed tokens are locked for the entire auction period. The bidding prices are encrypted to guarantee that no competitive conditions exist, and there are no time zone restrictions, no trust, etc.

Suterusu also offers several derivative products, including the Suter privacy mining program, xSuter auction, Suter NFT, and others. These solutions provide additional layers of privacy and protection to transactions, ensuring that users' content, data, and digital assets are safeguarded from unwanted attention.

In summary, Suterusu is a platform that provides privacy and protection to transactions on smart contract platforms through advanced cryptography, delinking the sender and receiver addresses, and ensuring that only encrypted data is visible to layer-1 or layer-2 miners. The platform aims to provide a fair on-chain auction scheme and extend its solutions to protect the payment privacy of non-fungible tokens (NFTs). Suterusu's native token, Suter, is used to facilitate the transfer functionality, while its advanced ZK-ConSNARK scheme provides constant size proof, efficient proof generation, and verification. The platform also offers several derivative products that provide additional layers of privacy and protection to transactions.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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