$1. Impressively, Firo received the 2020 FAT Blockchain Award for being the most popular blockchain project within the community. Besides this, the project has also launched the Firo Watch app for Android WearOS to monitor the price.
2. $FIRO coin can be mined using a home computer or mining pool. Its block processing time is approximately five minutes, with 12.5 coins per block awarded. Furthermore, Firo follows the Bitcoin halving schedule. Hence, its supply decreases to half approximately in every 4 years.
In addition, last year, the Firo team decreased its supply to half. As a result of the first halving event, the total block rewards dropped from 25 FIRO per block to 12.5 FIRO per block.
3. $FIRO is integrating with renVM to allow trustless bridging of Firo into Ethereum, which allows users to enter and exit the DeFi ecosystem trustlessly and without KYC. Furthermore, the team is also working on a mobile wallet that will have full Lelantus transaction support. This SDK innovation will permit third-party wallets to support Lelantus.
4. Recently, the team also activated ChainLocks on Firo to safeguard its ecosystem against any kind of attack. With this advancement, attackers would need nearly 50% of all masternodes to be taken over to disable ChainLocks. Additionally, an attacker would also need to obtain vital amounts of Firo to attack.
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