zERC20 Protocol Supports New Asset with Enhanced Privacy Features

The launch of the zERC20 protocol has brought a new layer of security to digital assets with the introduction of zBNB. This innovative asset combines the usability of BNB with robust privacy protection features.

When users choose to wrap their BNB, the original token is destroyed and sent to an unrecoverable address. In its place, a cryptographic proof is generated, which can be used to mint a new zBNB asset on a separate address.

This separation of assets from historical transaction records provides an added layer of security for users, making it more difficult for unwanted parties to track their transactions or access sensitive information.