About Zero
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.
Why Zero?
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.
What is Zero?
Zero is Money
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
IT'S 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.
Team Zero
FAQ
A: The original Zero code was designed by Zeroshi under MIT open source credentials in 2017. Zeroshi left the Zero code in the hands of the developers and community in 2017. Thus far hundreds of developers have added to the core code throughout the years.
A: Zero mining provides a reward for miners by paying out in Zero, in turn the miners confirm transactions on the blockchain. Miners introduce new Zero into the network and also secure the system with transaction confirmation. They are also rewarded network fees for when they harvest new ZER.
A: Zero can be bought from various sources. You can purchase them online using an exchange or swap service.
A: 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.
A: Zero is legal in most jurisdictions in the world but there are a small number of nation states that have banned its use, such as Ecuador. Wikipedia has a great guide on how Crypto is treated in all countries around the world and explains regulatory policies surrounding it. Regulations vary from one border to the next so you should always research your location’s laws before participating in the network.