Foresight News reports that the privacy protection project zERC20 has launched the zERC20 protocol to support the asset zBNB. The official statement says that zBNB retains the familiar and user-friendly features of BNB while adding privacy protection functions 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 separate from historical transaction records.