The revolution of a new era:Bitcoin is a revolutionary peer-to-peer electronic currency system that has been a massive breakthrough in the financial world. However, the one-to-one relationship between the people who make transactions in the public ledger provides a permanent record that exists on the Internet, which leads to a feeling of insecurity due to the lack of privacy. This creates a need for privacy protection, hence the birth of privacy coins was introduced. Many are familiar with the first generation of privacy coin, DASH, and the second generation Zcash that provides anonymous technology. However, even with the implementation of anonymous technology, only the transaction amount, address and other information are protected; far from achieving full anonymity.
The world needs another breakthrough of 2020, which is where Zorro Chain comes in. Zorro will improve the operational mechanisms to ensure that your transactions are kept in full confidentiality.Zorro can be interpreted as a dashing masked vigilante with mystic powers, founded and developed by a mysterious 18-member community.
It employs the use of quantum encryption systems, also known as quantum cryptography, to create an utopia of a faster, evolved and anonymous transaction system.What we know as privacy coins are enforces anonymity for all transactions by default. Unlike public-by-default mechanisms, this ensures users cannot be scrutinised by the public for private transactions.
Under the painstaking efforts of the Zorro Chain team, a new anonymous broadcasting technology, Quantum Crytography, was created.In order to enhance the anonymity in the process of transaction broadcasting, we introduce the use of quantum encryption system. First of all, this transmission is encrypted. We add a layer of anti-quantum encryption channel on the basis of tcp protocol to ensure that the data cannot be cracked during transmission. The transaction is then divided into two stages during the transmission. The first stage is called the tunnel transmission stage. In this stage, the transaction is transmitted along a randomly generated tunnel which passes through multiple randomly chosen nodes. The transaction stops transmission at the last node and enter the second stage of flooding. In this stage, the node sends the transaction to all its peer nodes, and the peer node sends the transaction to its own peer node. Moreover, some checks are made to prevent any redundant communication.
In terms of economic models, we have been striving towards a perfect mechanism for the operation of cryptocurrecy. While we believe that the halving mechanism of BTC is groundbreaking, it is not yet perfect.
In order to prevent the monopoly of mining by large mining pools like Bitmain the team at Zorro has decided to solve the problem by modifying the consensus mechanism, and adopts the consensus mechanism of POW+POS. We borrow and assimilate the ideas of The Book of Changes, which consists of the natural law of order in the world, into ZORRO's token mainnet parameters to create an endless token model that can operate autonomously. In the East, 6 is the auspicious number. In The Book of Changes, each "Gua" (diagrammatic divinatory symbol) has six lines, and there are six tones. In ancient China, the First Emperor of Qin who unified China established "number 6 as the discipline", everything was to be stipulated as six units, for example, the hat is six inches, a cart as six feet with six horses to pull it. Afterwards, Taoism produced the number 36 from it. 36 is 6 times 6. In Taoism, there are thirty six heavenly stars, a product of six times six. Even in the Pythagorean School, which holds an important position in the western world, the number 36 is the most sacred number, the sum of the first four odd numbers (1, 3, 5, 7) and the first four even numbers (2, 4, 6,
. Therefore, we choose "36" as one of the basic parameters of the Zorro mainnet: the block generation time is 36 seconds. In Taoism, 108 represents the sum of 36 heavenly and 72 evil stars. It is the ultimate number, symbolizing supremity, fortune, expulsion of all things bad. Therefore, we chose 108 as the second mainnet parameter of Zorro as the initial block reward. In terms of the halving mechanism, we have made unprecedented innovations and designed
completely new models. When Satoshi Nakamoto created BTC, he added a mechanism of halving the output every four years, which will lead to a decrease in the block reward for miners in the later period. We decided to divide the tokens issuance into twelve cycles and issue the same number of tokens in each cycle, because the number twelve represents the end of a cycle. In the East, a year is divided into twelve months, and a day is divided into twelve two-hour periods. 12 represents the end of a cycle and the beginning of next cycle. Hence, our halving mechanism consists of two halves. The first halving period is seven days, and each block generates 108 Zorro units; the second halving period is 14 days, and each block generates 54 Zorro units; the third halving cycle is 28 days, and each block generates 27 Zorro units, and the formula continues on.
When we calculate the total number of Zorro units, we find that the total number of Zorro units is about 21 million. The calculation formula is listed below:
86400/36*108*7*12=21,772,800
This is extremely mindblowing, as it has the same amount of total Bitcoins at 21 million.Zorro focus is on privacy, and its developers share the same vision of achieving this fully anonymous utopia in blockchain. The current team of Zorro comprises mainly of scientists, engineers, designers and business experts from Google, IBM and Microsoft. Most of them graduated from MIT and Stanford, along with other prestigious places of learning. In addition, over three hundred developers contributed to Zorro throughout the project lifecycle, including the thrity core developers.
The Zorro project team focuses more on how to solve problems, at the same time achieving a great vision. For example, users can build online shopping malls based on the development platform provided by Zorro, with anonymous chat zones for the users, anonymous forums and many more. Zorro has absolutely more potential than you can imagine!
CONTACT US:
EMAIL:
marketing@zorrochain.comTWITTER:
https://twitter.com/Zorro37529329
