About suterusu

suterusu (SUTER) is a cryptocurrency launched in 2018and operates on the Ethereum platform. Users are able to generate SUTER through the process of mining. suterusu has a current supply of 10,000,000,000 with 3,855,040,000 in circulation. The last known price of suterusu is 0.00001712 USD and is up 0.00 over the last 24 hours.

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$0.00002117

Market Stats

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Performance

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Additional details

Market details

SUTER vs markets

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Tags

Network & Addresses

Network
Address

Ethereum

0xAA2ce7Ae64066175E0B90497CE7d9c190c315DB4

BNB Smart Chain

0x4CfbBdfBd5BF0814472fF35C72717Bd095ADa055

Price history

Time
Price
Change
Today
$0.00002117
NaN%
1 Day
$0.00002117
0.00%
1 Week
$0.00002117
0.00%
1 Month
$0.00002117
0.00%
1 Year
$0.00004051
0.00%

FAQ

Suterusu Shield is a trustless and universal layer-2 privacy-protection protocol that provides protection and privacy to transactions. The product operates as a private payment infrastructure for smart contract platforms. Further, the platform aims to develop and implement an on-chain (an activity that takes place on the blockchain) auction scheme that guarantees the fairness of on-chain auctions. The forum also seeks to extend its solutions to protect the payment privacy of non-fungible tokens (NFTs).

According to the whitepaper, web 3.0 has enabled every internet user to become the owner of their content, data, and assets. But, without a privacy protection infrastructure that can safeguard the users’ content, data, or digital assets from unwanted attention, it would not be possible for users to have complete control of their digital life. Hence, Suterusu seeks to play a vital role in protecting users’ privacy. 

While millions of transactions take place over blockchains, users have to expose individual privacy, which can lead to anyone knowing their address reading the user’s entire financial history. Thus, the protocol delinks the sender and receiver addresses, giving complete security to transaction data through advanced cryptography. The layer-1 or layer-2 miners would see only the encrypted data for all the transactions.

The Suter transfer functionality ensures a network of Suter accounts that obfuscates the flow of tokens in the Suter pool. Suter is the native token of the Suterusu Shield platform. In the auction scheme, the ecosystem protects the bidding price while the bidders’ committed tokens are locked for the entire auction period. In addition, the network guarantees no competitive conditions, as all the bidding prices will be encrypted and there are no time zone restrictions, no trust, etc.

The platform has developed an advanced ZK-ConSNARK scheme that provides constant size proof, efficient proof generation, and verification. Further, the forum has built various derivative products, including the Suter privacy mining program, xSuter auction, Suter NFT, and others.

Huang Lin is the platform’s founder.

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