Foresight News reports that the privacy protection project zERC20 has launched the zERC20 protocol supporting assets zBNB. The official statement says that zBNB retains the familiar and user-friendly features of BNB while adding privacy protection for on-chain transactions. When users wrap BNB, the original BNB will be destroyed to an irrecoverable address, and a cryptographic proof will be generated. Users can use this proof to mint zBNB to a new address, which is completely separated from historical transaction records.
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