Scientists from Stanford developed a mechanism for anonymization of smart contracts

Scientists from the University of Stanford developed a "fully decentralized and confidential payment mechanism" called ZETHER to anonymize smart contracts in the Etherumer Blockchal.


The new smart contract can work both individually and on the basis of other smart contracts. It allows you to encrypt account balance sheets, deposits, translations and conclusions of funds from the wallet. It is reported that the mechanism involves both the network of Etheruum and platforms based on the smart contracts of this blockcha.


The developers emphasize that all transactions in ZETHER are confidential, and the cost of one transaction is 0.014 ETH ($ 1.5 at the current course). At the same time, the safety add-in over the Etheric network is comparable to the blockchain monozero.

It is noteworthy that the governments of some countries perceive anonymous cryptocurrency as more advanced versions of fiat drugs, while others on the contrary are trying to prohibit similar digital assets.

Recall that the battery of Etheruum will soon wait for a major update of Constantinople, in the code of which the next vulnerability has recently found.

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