Product Information
What is Firo?
Firo, previously known as Zcoin, is a privacy-focused cryptocurrency that utilizes zero-knowledge proofs, allowing users to burn coins and then redeem them for brand-new coins without any transaction history.
Our research led to the creation of the Lelantus privacy protocol, which supports high anonymity sets, requires no trusted setup, and relies solely on standard cryptographic assumptions. The Lelantus cryptographic library was audited by Trail of Bits and funded by the Firo CCS. The cryptography of Lelantus was also audited by ABDK Consulting. Firo further employs Dandelion++ to obscure the originating IP of transactions without relying on any external services (e.g., Tor/i2P).
Firo developed and utilizes Merkle Tree Proofs (MTP) as its proof-of-work algorithm, designed to achieve memory hardness with fast verification to encourage mining using commercial hardware.
How to use Firo?
Firo is a privacy-focused digital currency that leverages zero-knowledge proof protocols, such as Lelantus Spark, and Dandelion++ technology to offer high anonymity and transaction history-free privacy protection for digital finance.
Core Functions of Firo
Money Transfer
Peer-to-peer
Blockchain
Usage Scenarios of Firo
- Destroy old coins and redeem new ones with no transaction history.
- Conduct secure and efficient payments.
- Create privacy tokens for anonymous voting or private tokenized assets.
- Buy, mine, or earn Firo.
- Store Firo in supported wallets.
Common Questions about Firo
What does Firo do?
How do I use Firo?
What are the core features of Firo?
What are the use cases for Firo?
