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What is SUTER

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1. What is Suter?

SUTER is a cryptocurrency primarily used for private transactions. Here is an introduction to SUTER:

  • Privacy Technology: SUTER employs privacy technology to ensure the confidentiality of transactions and the privacy of users. This technology is quite complex and challenging in the blockchain field, but SUTER's development team is very confident in their technology.
  • Use Cases: SUTER can be used for token minting, transfers, and burning processes, ensuring transaction confidentiality and user privacy by invoking the Suter anonymous payment protocol.
  • Anonymous Atomic Swaps: SUTER supports anonymous atomic swap protocols, allowing users holding BTC and merchants holding sBTC tokens to exchange without disclosing transaction information.

In summary, SUTER is a cryptocurrency focused on private transactions, using privacy technology and anonymous payment protocols to protect user privacy and transaction information.

2. Who founded Suter?

The founder of Suterusu (SUTER) is Hou Zhengpeng.

3. Which venture capital firms invested in Suter?

I couldn't find any information on a cryptocurrency called "Suter" or any notable venture capital firms that have invested in it. It's possible that Suter is a lesser-known or emerging cryptocurrency, or it may not have received significant investment from venture capital firms.

If you could provide more context or clarify which Suter you are referring to, I will do my best to provide a more accurate answer. Alternatively, you can also try searching online for more information on Suter and its investors.

4. How does Suter work?

Suterusu (SUTER) is a cryptocurrency designed to provide secure, private, and decentralised transaction methods. Here is a brief overview of its operational principles:

  1. Zero-Knowledge Proof Technology: Suterusu is based on zero-knowledge proof technology, allowing users to make transactions without disclosing any transaction information.

  2. Privacy Protection: Suterusu uses advanced encryption techniques, such as homomorphic public key encryption, to protect the privacy of transaction data. It ensures the anonymity of transactions by obscuring the addresses of the sender and receiver.

  3. Layer 2 Solution: Suterusu is a layer 2 solution that enables privacy protection on existing blockchain platforms without modifying the underlying protocols.

  4. Token Model: Suterusu operates its own cryptocurrency, called SUTER Token, with a total supply of 10 billion. The annual supply of SUTER is halved every two years, resulting in a low inflation rate.

  5. Mining and Validation: Suterusu supports "Voting is Mining", allowing users to earn mining rewards by depositing SUTER tokens and participating in voting.

  6. Cross-Chain Protocol: Suterusu aims to achieve a privacy cross-chain protocol, allowing anonymous digital assets across different blockchain platforms to interoperate and engage in high-liquidity trading.

In conclusion, Suterusu offers a secure, private, and efficient cryptocurrency transaction method through its unique technology and design.

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