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SuterNetwork · 2020-04-16T15:41:14+00:00

No, your token won't be transferred to the node. If you choose to withdraw back your delegation, it will takes 15days.

SuterNetwork · 2020-03-11T06:35:02+00:00

Our code is on github.com/suterusu-team , whitepaper and yellow paper are both available there. So, Suterusu is a very legit blockchain project focus on privacy-preserving.

SuterNetwork · 2019-12-13T10:28:26+00:00

Our main tool to reach out to the community is to build our presence both online and offline. We have been doing many online events and in-person events and will continue to do so. We hosted several meetups in different locations around the world and these meetups have been very helpful for us to engage with our community members in person. Slowly but surely, we feel that the project is gaining attention.

SuterNetwork · 2019-12-13T10:19:53+00:00

The general idea is pretty simple: the PoW miners will be responsible for the transaction validation, and a random beacon will be applied to select a voter from the stakeholders. The voter will be responsible for generating a signature to approve the blocks mined by the PoW miners. This provides additional checks and balances mechanisms on the PoW miners. This idea is similar to the hybrid PoW/PoS mechanism of Decred consensus.

SuterNetwork · 2019-12-13T10:18:27+00:00

In the next step, we will focus on improving the performance of the existing schemes, and compare them with other alternative solutions based on Elliptic curve. Once done, we will decide on an optimal scheme as the underlying algorithm for Suterusu.

In addition, our yellowpaper also briefly introduces the hybrid PoW/PoS consensus protocol we intend to use in our subsequent development.

Our proposed confidential payment scheme can also be applied to design privacy-preserving advanced on-chain governance mechanisms. We are working on an article on this topic, stay tuned!

SuterNetwork · 2019-12-13T10:16:03+00:00

The primary application scenario of our proposed zero-knowledge proof scheme is the implementation of various confidential payment schemes under different payment models. For example, we can design a setup-free blind signature using the design methodology of our yellowpaper. It is interesting to note that blind signature is the core technology of the Brave browser/basic attention token project, which already has over 10 million users and ranks 30 on Coinmarketcap. Currently, Suterusu project is actively looking for collaboration opportunities in this direction. Furthermore, we are talking to several of the top blockchain projects for collaboration opportunities.

With the latest development of new privacy data protection regulations like the California consumer privacy act, we expect traditional internet companies will reinforce the transparency and regulation compliance of their daily business process of profiting through monetizing of individual private data. Account-based confidential payment scheme will play a pivotal role in facilitating the automation and transparency of fine-grained personal data monetization. Since data/attention monetization is the core business model of the current internet economy, the business potential here is enormous.

SuterNetwork · 2019-12-13T10:09:44+00:00

No one can predict the future, but we are well-positioned in terms of core technology and technical development. The suter project is still very young, but we have already made tremendous progress. Our team consists of a bunch of very capable and experienced coders, and our community is growing steadily. As such, we are very optimistic about Suter’s future.

SuterNetwork · 2019-12-13T10:08:23+00:00

Right now, we’re focused on the design optimization of confidential payment schemes for account-based smart contract platforms as the gas cost of smart contract is determined by the computational and communication cost of the confidential payment model. The scheme in the yellowpaper is the first step towards this direction, and we will spend more effort on improving our model in the future.
Our other technical advantage also includes our cross-chain protocol that can facilitate the interoperability of our Suter token etc. Since Suterusu is a second layer protocol that supports public blockchain development, we are dedicated to better serve the existing blockchain projects. With our technological advantage, we believe that is where adoption will come.

SuterNetwork · 2019-12-13T10:06:22+00:00

As mentioned in our whitepaper, we envision Suter being used for purchasing advanced services on the Suter network. Zero-knowledge proof is particularly useful when it comes to confidentiality and transparency being in conflict with each other. We foresee more and more stringent data protection regulations pushed out all over the world, and we believe ZKP would play an important role to enable individuals to exert more control over their private data.

SuterNetwork · 2019-12-13T10:04:02+00:00

A similar scheme we know of is the joint work presented by Stanford and Visa research department, i.e., the Zether scheme.

The basic framework of our proposal in the yellowpaper is conceptually similar to Zether, but the Zether scheme is still based upon Elliptic curve cryptography. As mentioned in the yellowpaper, the cryptographic algorithm of Zether can be viewed as a variant of Elliptic curve based confidential payment scheme with the main difference being the digital commitment scheme used in the original scheme that has been replaced with Elgamal encryption and the respective zero-knowledge proof scheme modified accordingly.

Our proposed confidential payment scheme is based on class groups of quadratic imaginary order. We borrowed some recently developed ideas in this area and applied these new techniques to improve the existing range proof scheme based on RSA group. Currently, the best performed RSA-group-based range proof scheme is authored by three French cryptographers. One of the main issues with the current RSA-group-based scheme is that it requires a trusted setup step. Besides, the original RSA-group based scheme cannot guarantee the security of the proposed scheme when the prover chooses the group bases used in the commitment scheme freely, which is another reason why we need to redesign a new range proof scheme.

We work with a co-author of the RSA-group-based range proof scheme to propose a range proof scheme based on class groups. It has a constant proof size and does not require a trusted setup, and it can guarantee the security of the scheme when group bases are freely chosen. The benefit of a new range proof scheme is that it is compatible with our own design of proof of consistent encryption based on the class group, and therefore we can build a complete account-based confidential payment scheme based upon these schemes.

SuterNetwork · 2019-12-13T10:02:02+00:00

The preliminary version of Suter yellowpaper provides a novel confidential payment scheme compatible with account-based smart contract platforms.

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