suterusu
Crypto Overview
Purpose and Utility
Suterusu is a blockchain project focused on privacy-preserving technology. It aims to provide zero-knowledge proof-based privacy solutions for blockchain networks, allowing confidential transactions and smart contracts while maintaining verifiability. The project developed ZK-ConSNARK, their own zero-knowledge proof system.
Business Model and Implementation
The SUTER token serves as the native cryptocurrency of the Suterusu network, used for governance and payment of transaction fees. The project's focus on privacy technology aligns with halal principles as privacy and security are legitimate technological utilities that don't involve prohibited activities.
Development and Adoption
The project maintains active development, with regular GitHub updates to their privacy technology stack. While adoption remains limited, the project has established partnerships with several blockchain platforms to implement their privacy solutions.
Token Distribution and Governance
The token distribution includes allocations for development, ecosystem growth, and community incentives. The project maintains transparent documentation about token economics and development progress through their official channels.
Additional Considerations
The core technology focuses on privacy-preserving computation and does not involve interest-based lending or gambling mechanisms. The project's utility is centered around improving blockchain privacy, which is a legitimate technological advancement.
Crypto Impact
To assign a comfort level investing in suterusu from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to suterusu.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.