Privacy-Oriented Zether Developed at Stanford University and Visa Research
For Etheruem smart contracts, a new, privacy-oriented contract called Zether was developed.
Stanford University and Visa Research researchers have developed a new confidentiality-oriented contract for Ethereum smart contracts. The article, detailing the privacy-oriented smart contract, was published on February 20 at the Stanford University Applied Cryptography Group website.
Like Zether Monero
According to the article, Stanford University and Visa Research researchers have developed a decentralized, privacy-focused payment mechanism called Zether, which can work on both the Ethereum network and other intelligent contract platforms .
The report claims that the anonymity model guaranteed by Zether is quite similar to Monero (XMR). The cost of dealing with Zether at the time our news was prepared was 0.014 ETH, $ 1.15.
Interest in anonymity-oriented crypto coins, which provides more privacy to users, is increasing day by day. Last year, Litecoin’s creator, Charlie Lee, announced the future goals of Litecoin. Speaking to Crypto Insider, the founder of Litecoin, Charlie Lee, said they would gain a privacy feature on the Litecoin network, which could be beneficial for repayments. According to Lee, the privacy feature of Litecoin may come with a fork in 2019.
In April last year, the Japanese Financial Services Agency launched a war against privacy-oriented crypto currencies. This attitude of the Financial Services Department was very effective in January 2018 with the Coincheck hack. Japan Financial Services Department, at that time Dash (DASH) and Monero (XMR), such as privacy-oriented crypto currencies began to put pressure on stock exchanges to be delist.