Suterusu

What is suterusu (SUTER) and how Does It Work?

Suterusu is involved in providing privacy protection for transaction data on multiple smart contract platforms. The project utilizes cryptographic technologies such as the zk ConSnark algorithm and a clear setup bounded integer commitments method— a method discussed at a cryptography conference. In regard to privacy, Suterusu has developed Suter Shield, a layer2 solution, allowing anonymous and confidential transfers of ETH ERC20 tokens. The project provides support in transaction encryption on layer1 and layer2. Moreover, it assists in the conversion of Suter tokens back to their default format through its burn module. Speaking of performance, it can be noted that Suterusu demonstrates proofs that are somewhat shorter than the Bulletproof standard. A fee of 20% is applied by the Suterusu network, which pertains specifically to Ethereum network costs. The SUTER token governance applies to the network, which is an ERC20 token with a set supply capped at 10 billion. Distribution of this supply includes private funding, the Suterusu Foundation, team members, and future growth. Any release of tokens held by the foundation and team members follows an established timeline. The Suterusu Fund allows you to swap Ether or ERC20 tokens into Suter tokens and deposit them into the fund contract. Traders participating in the Suterusu network also have access to mining reward features, generating Suter tokens every 60 seconds. The Suterusu protocol is implemented on several smart contract platforms. It permits you to transfer converted Suter tokens to your Suter accounts.

The Vision and Mission Behind suterusu (SUTER)

Suterusu utilizes blacklisting and recursive blacklisting to prioritize user privacy within regulatory frameworks. This Token is versatile in its applications, including private DeFi payments, proof of identity, and data protection. In comparison to the Bulletproof model, Suterusu provides condensed proofs. SUTER tokens are essential for Suter DAO voting, community growth, and rewards distribution. The Suter Shield, unique to this Token, enables privacy-focused DeFi functions like insurance, and loans. Additionally, Suterusu extends its privacy-preserving efforts to the Theta Network. The project's goals revolve around maintaining privacy, blockchain neutrality, and overcoming present limitations. Notable entities such as Dialectic, Fundamental Labs, FBG, Continue Capital, and DeFi Alliance have taken note. The Suterusu network stands out for its numerous node operators and traders engaged in mining activities, resulting in a high staking rate. Consequently, the SUTER token appears in various contexts.

How to Buy and Store suterusu (SUTER)?

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Metrics:

• Current price: $0⁴403

• Market cap: $146.77 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $0