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Firo (FIRO) is a cryptocurrency designed with a strong emphasis on privacy and innovation. It aims to lead the revolution in digital finance by providing a secure ecosystem where transactions can be conducted without sacrificing user anonymity. Firo has implemented advanced technologies like Lelantus Spark, which offers trustless, on-chain privacy with high anonymity sets, and Dandelion++ for enhanced network-layer privacy.
The underlying structure of Firo employs a hybrid model combining Proof of Work (PoW) and Long Living Masternode Quorums (LLMQ) Chainlocks, ensuring robust protection against 51% attacks. This dual approach fortifies the network and facilitates near-instantaneous finality for transactions. With a total supply capped at 21.4 million coins and a tail emission model, Firo ensures sustainable issuance, making it a viable option for secure payments.
Beyond enhancing transaction privacy, Firo also extends its privacy features to assets through innovations like Spark Assets, enabling the secure transfer of various asset types without revealing their nature. The platform supports a vibrant community of developers and researchers dedicated to advancing blockchain privacy and decentralization, contributing pivotal works that have influenced several other projects in the space. Firo continues to be at the forefront of privacy-centric cryptocurrency solutions, and it actively encourages users to engage through various avenues, including wallets, masternode setups, and mining.
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