What is Firo (FIRO)? | FIRO Coin Explained in Under 60 Seconds

3 years ago
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Firo coin (FIRO) is a private digital cash that provides the highest level of anonymity without sacrificing usability in order to ensure freedom of commerce.

Burn Coins - Firo allows users to burn coins (destroy) so they no longer exist. This cuts the link between addresses so transaction history cannot be traced.

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Redeem Coins - Coins can be redeemed by providing a ‘zero-knowledge proof’ that you initially burnt the coins. New coins are issued with no previous transaction history.

Lelantus Protocol - Lelantus is the decentralized anonymous payment (DAP) protocol that ensures the origin and amount of blockchain transactions are private.

Dandelion Technology - Dandelion++ protects your IP address by shuffling transaction broadcasts between nodes in a random number of steps to prevent tracking.

Merkle Tree Proof (MTP) - The Merkle Tree Proof (MTP) memory-intensive mining algorithm promotes egalitarian mining while maintaining fast verification.

WEBSITE: https://firo.org/

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