zERC20 Protocol Introduces Privacy Features for zBNB

The zERC20 project has launched a new protocol supporting the asset zBNB. According to Foresight News, the official statement highlights that zBNB maintains the familiar usability of BNB while adding privacy protection features for on-chain transactions. When users encapsulate BNB, the original BNB is destroyed at an unrecoverable address, and an encrypted proof is generated. This proof allows users to mint zBNB to a new address, which is completely separate from historical transaction records.