
Firo
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Market Cap
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24h Trading Vol
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All Time High
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All Time Low
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Total Supply
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Max Supply
∞
Circulating Supply
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Categories
Chains
N/AContracts

FAQs
What technology powers Firo?
Firo is powered by a sophisticated stack of privacy and blockchain technologies. Its core privacy is driven by Lelantus Spark, a Zero Knowledge (ZK) protocol that enables trustless, high-anonymity transactions and private Spark addresses where amounts are hidden. Dandelion++ provides network-layer privacy by obscuring transaction origins. The FiroPoW Proof of Work (PoW) algorithm, designed for GPU mining, secures the blockchain, complemented by LLMQ Chainlocks that leverage masternodes to protect against 51% attacks and ensure instant transaction finality for the firo token.
How does Firo differ from competitors?
Firo distinguishes itself through its pioneering privacy solutions and robust infrastructure. Unlike many competitors, Firo's Lelantus Spark offers significantly high anonymity sets (~65,000) without requiring a trusted setup, a common point of concern in some Zero Knowledge (ZK) systems. Its unique "sliding windows" approach to anonymity pools provides stronger resistance to deanonymization compared to decoy-based methods. Furthermore, the hybrid Proof of Work (PoW) and Masternode-powered LLMQ Chainlocks system delivers superior 51% attack resistance and instant transaction finality, ensuring the security and integrity of the firo digital asset.
How does Firo's privacy technology compare to Monero and Zcash?
Firo's Lelantus Spark offers significantly larger anonymity sets (1-in-32,000) compared to Monero's 1-in-11 ring signatures, reducing linkage attacks. Unlike Zcash's zk-SNARKs requiring trusted setups, Spark uses trustless cryptography while maintaining smaller proof sizes than earlier Sigma implementations. Spark Assets further differentiate Firo by enabling confidential tokens with shared anonymity pools, a feature absent in both competitors.
What are the requirements and benefits of running a Firo masternode?
Operating a masternode requires 1000 FIRO collateral and dedicated server infrastructure, providing 70% of block rewards under current tokenomics. Masternodes enable Chainlocks consensus—signing blocks to prevent 51% attacks—while earning passive income estimated at 8-12% annual ROI depending on network conditions. Operators also participate in decentralized governance through quorum-based decision making.
How does Firo maintain mining decentralization against ASIC dominance?
FiroPoW (formerly MTP) uses memory-hard algorithms increasing ASIC development costs while remaining GPU-mineable. The algorithm's rapid verification allows nodes to efficiently validate blocks without specialized hardware. Recent optimizations reduced proof sizes by 40% while enhancing ASIC resistance through dynamic computational requirements, maintaining egalitarian mining access.
Can Firo's privacy features integrate with non-private cryptocurrencies?
Yes, through Confidential Layer partnerships enabling conversion of transparent assets (e.g., Bitcoin, Ethereum) into privacy-protected versions using Firo's infrastructure. Additionally, DotOracle bridges allow ERC-20/BEP-20 tokens to enter Firo's Elysium ecosystem where they gain Lelantus-based anonymity during transactions while remaining redeemable on native chains.
How does Firo address regulatory concerns regarding privacy coins?
Firo implements view key technology allowing selective transparency: users can disclose transaction details to authorized parties without compromising overall protocol privacy. The protocol avoids mixing services' regulatory pitfalls by providing base-layer anonymity rather than obfuscation services. Compliance-focused exchanges utilize these view keys for transaction verification while maintaining user privacy against public blockchain analysis.