@Firo $FIRO Firo's PancakeSwap Liquidity Pool Receives Major Boost
In a significant move for Firo's presence on the BNB Chain, Power Up Privacy has injected $200,000 worth of liquidity into Firo's PancakeSwap pool. This addition, comprising 80,356.8262 BEP20-FIRO and 167.286754 BNB, complements the existing position maintained by the Firo Community Fund, bringing the total pool liquidity to approximately $224,000.
BEP20-FIRO, a wrapped version of FIRO issued by Binance, enables access to BNB Chain's DeFi ecosystem while maintaining a 1:1 backing with native FIRO. This liquidity boost enhances the pool's depth and usability, potentially streamlining FIRO trading on the BNB Chain. Users can swap between BEP20-FIRO and native FIRO through various platforms, with detailed guides forthcoming.
@Firo $FIRO has announced a partnership with Confidential Layer.
#Firo has announce a new partnership with Confidential Layer, a non-custodial bridge that facilitates seamless asset transfers between public and privacy blockchains.
This collaboration significantly advances Firo's mission of integrating Spark's privacy technology across all tokens and coins, including Bitcoin and Ethereum.Stay tuned for more updates in the coming days as we continue to enhance privacy in the blockchain space! For more information, visit: confidentiallayer.com.
The Firo x Confidential Layer partnership is a game-changer! 🚀 Benefits:
• Enhanced privacy across blockchains 🕵️♂️ • Wider accessibility to Firo's Spark tech 🌍 • Non-custodial asset transfers 🔑 • Improved blockchain interoperability 🌉 • New use cases for private transactions 💡 • Stronger privacy coin ecosystem
Beyond Privacy: Firo's Comprehensive Suite of Features
#Firo has made a name for itself as a privacy-focused cryptocurrency. The project incorporates a range of innovative features that enhance its functionality, security, and user experience.
1. Elysium: Empowering Token Creation
At the forefront of Firo's extended capabilities is Elysium, a sophisticated tokenization layer built atop the Firo blockchain. Elysium opens up a world of possibilities for users, allowing them to create and manage their own tokens with ease. This feature is reminiscent of Ethereum's ERC-20 token standard, but with a crucial difference: tokens created on Elysium can leverage Firo's advanced privacy features.
2. GPU-PoW and FiroPoW: Democratizing Mining
Firo's commitment to decentralization is evident in its unique hybrid security system. This system combines GPU-based Proof of Work with a custom algorithm called FiroPoW. The primary goal? To resist the centralization often caused by specialized mining hardware.
3. Instant Send: Speed Meets Security
In the fast-paced world of digital transactions, waiting for multiple block confirmations isn't always practical. This is where Firo's Instant Send feature comes into play. Leveraging the project's masternode network, Instant Send allows for near-instantaneous confirmation of transactions.
4. Tor Network Compatibility: Enhancing Network Privacy
Privacy in Firo extends beyond transaction details to network-level anonymity. The project is designed to work seamlessly with the Tor (The Onion Router) network, allowing users to route their Firo transactions through this anonymous network.
5. Dandelion++: Obfuscating Transaction Origins
Rounding out Firo's privacy features is Dandelion++, a built-in network layer protocol that enhances transaction privacy. Unlike traditional broadcasting methods, Dandelion++ transmits transactions through a series of randomly selected nodes before widely broadcasting them.
@Firo $FIRO : Championing Privacy in the Digital Age
In an era where data breaches and privacy concerns are rampant, Firo emerges as a beacon of hope for those seeking secure and private digital transactions.
Firo's journey began with the implementation of Zerocoin technology, making it a pioneer in the field. The project then upgraded to Sigma, which marked a significant improvement in privacy and eliminated the need for a trusted setup.
However, the true game-changer came with the introduction of Lelantus, Developed by Firo's dedicated research team, Lelantus uses zero-knowledge proofs to provide anonymity.
The anonymity set in Lelantus is impressive, boasting over 65,000 coins. This is achieved through a system of accumulators that build up the anonymity set over time.
Lelantus Spark is designed to be modular and built on well-established cryptography, making it more secure and easier to audit. It also introduces features like computation offloading and efficient multisignature operations.
@Firo $FIRO Firo Twitter Contest: Showcase Your Creativity and Knowledge About Privacy Cryptocurrency
Firo has announced a new contest that invites participants to showcase their creativity and knowledge about the #Firo ecosystem. As the privacy landscape in the cryptocurrency world continues to evolve, Firo is taking center stage with this engaging competition.
Contest Details
The Firo X Contest challenges participants to create compelling content about Firo's privacy technology, recent developments, or potential future innovations. Contestants have the freedom to choose their approach, whether it's:
- A deep dive thread on Firo's outstanding privacy technology - An engaging X post about recent developments in the Firo ecosystem - An innovative take on Firo's future prospects Prizes
The contest offers attractive rewards in $FIRO for the top entries:
1. First Place: $60 in $FIRO 2. Second Place: $45 in $FIRO 3. Third Place: $30 in $FIRO 4. Fourth Place: $20 in $FIRO 5. Fifth Place: $15 in $FIRO 6-8th Place: $10 each in $FIRO
Criteria
Entries will be evaluated based on two main factors: 1. Originality of the content 2. Engagement received (views, likes, retweets, and comments)
Campfire puts you in control of your financial data. 🛡️
Campfire wallet - a game-changer for privacy-focused crypto transactions. 🔥🪙
Campfire is Firo's official wallet, designed with both novice and advanced users in mind. It offers a sleek interface and powerful features to manage your $FIRO securely.
Key features of Campfire: • User-friendly UI • Built-in coin control • Support for Lelantus & Lelantus Spark protocols • Encrypted backups • Address book functionality
One standout feature is Campfire's seamless integration of Firo's privacy protocols. You can easily anonymize your transactions using Lelantus Spark, ensuring your financial privacy is protected. 🛡️
For power users, Campfire includes a console for direct interaction with the Firo daemon. This allows for advanced operations and troubleshooting without leaving the wallet interface.
Security is paramount in Campfire. The wallet uses strong encryption for your private keys and offers encrypted backups to safeguard your funds. Always remember to keep your recovery phrase safe! 🔒
Ready to try Campfire? Download it from the official Firo website and join the privacy revolution! Have questions? The Firo community is always here to help. #Blockchain #Privacy #decentralization $FIRO
🚀 Monerotopia 2024 is happening from November 14th to 17th in the vibrant city of Roma, Mexico City🎉 This is the ultimate event for enthusiasts of #privacy tech and digital cash, where we focus on the latest innovations and practical applications of these technologies. 💸
Monerotopia 2024 is all about unity and bringing together like-minded individuals who are passionate about privacy and decentralized financial systems. Whether you are a developer, investor, or just a privacy advocate, this event is tailored for you.
✨ Highlights of the event Insightful Talks: Learn from leading experts in privacy tech and digital cash.
Interactive Workshops: Get hands-on experience with the latest tools and technologies.
Networking Opportunities: Connect with the FiroFam and other like-minded individuals.
Exhibitions: Explore innovative products and services in the crypto space.Don’t miss out on this incredible opportunity! Secure your spot now and get 10% off your tickets using the promo code "firo24" 🌐
Join us in Roma, Mexico City for Monerotopia24 and be a part of the future of privacy tech.
@Firo $FIRO Lelantus Spark: A Leap Forward in Cryptocurrency Privacy
Firo, a pioneer in blockchain privacy, has launched its groundbreaking Lelantus Spark protocol on mainnet in January 2024. This next-generation privacy technology builds upon Firo's previous Lelantus protocol, introducing significant enhancements to protect user anonymity.
The cornerstone of Lelantus Spark is the innovative Spark Addresses. These function like stealth addresses, allowing users to receive FIRO directly while maintaining complete privacy. Unlike traditional cryptocurrency addresses, Spark Addresses cannot be looked up on the blockchain, offering unprecedented confidentiality.
Spark transactions cleverly conceal the sender, receiver, and transaction amount. However, the protocol maintains blockchain integrity through zero-knowledge proofs, ensuring network-wide verifiability without compromising individual privacy.
A standout feature is the protocol's large anonymity sets, which significantly complicate statistical analysis compared to other privacy coins. Importantly, Lelantus Spark achieves this without requiring any special trusted setup.
The protocol also introduces Exchange Addresses, a solution allowing exchanges to comply with regulations while preserving user privacy. Additionally, View Keys provide optional transaction visibility for auditing or accounting purposes, putting control firmly in the users' hands.
Looking ahead, the Firo team is already working on further enhancements, including Curve Trees research to expand anonymity sets and Spark Assets for private tokens. With its modular design using well-understood cryptographic building blocks, Lelantus Spark represents a significant advancement in blockchain privacy technology.
The first @Firo $FIRO newsletter 📰 is out as promised.
#Firo is making significant strides with its recent updates.
Major Announcement from the newsletter.
New Tokenomics: Updated tokenomics are now live, which likely involves changes to the economic model of the Firo cryptocurrency to make it more efficient or appealing to users and investors.
Major Donations: Substantial donations have been received from Power Up Privacy, indicating strong support and confidence in Firo's privacy-centric mission.
Spark Names Launch: This new feature seems to involve a naming service, which could be related to user-friendly addresses or identity management within the Firo ecosystem.
Liquidity Mining Campaign: Firo has launched liquidity mining campaigns on major exchanges like Binance and AscendEX, aimed at incentivizing users to provide liquidity and thus increase the trading volume and stability of the Firo token.
Technical Updates: Ongoing improvements and upgrades to the Firo network, ensuring it remains robust and secure.For more detailed information, it’s recommended to go to thier website subscribe to the newsletter.
Stay Ahead of the Curve with @Firo $FIRO Frontier: Your Bi-Weekly Gateway to Privacy-Centric Innovation
$FIRO Frontier is more than just a newsletter; it's your bi-weekly compass navigating the exciting landscape of Firo's ecosystem. Curated by the community, for the community, this invaluable resource delivers a concise yet comprehensive overview of everything you need to know about Firo's latest developments.
Unparalleled Insights, Straight to Your Inbox
By subscribing to Firo Frontier, you're not just signing up for updates—you're joining a movement. Every two weeks, you'll receive:
1. Breaking News: Be the first to know about key announcements that could shape Firo's future. 2. Technical Advancements: Dive deep into the latest privacy innovations driving Firo forward. 3. Community Pulse: Gain insights into ongoing discussions and initiatives within the vibrant Firo community. 4. Expert Analysis: Benefit from thoughtful perspectives on Firo's place in the broader cryptocurrency landscape.
Ready to elevate your Firo experience? Subscribe to Firo Frontier now and step into the future of privacy-focused cryptocurrency. Your bi-weekly dose of cutting-edge insights awaits.
🗓 Start Date: September 24, 2024 🪙 Total Reward Pool: Up to US$19,200 (FIRO 684 per week) 📈 Eligible Token Pair: FIRO/USDT 🏦 Exchanges: Binance & AscendEX 💼 Reward Token: FIRO 🔄 Eligible Orders: Maker orders with spreads of 2.0% or lower
Join the campaign and earn rewards weekly! Here’s a step-by-step guide to get started:
Step 1: What is Hummingbot? 🤖 Hummingbot is a decentralized, community-based market-making platform. It allows anyone to participate in market making for a coin/token and contribute to its liquidity. Earn rewards through your trading activity while supporting the project.
Step 2: How Does the Campaign Work? 🔍 Provide liquidity to the FIRO/USDT pair on Binance and AscendEX during the campaign. Earn weekly rewards in Firo based on your activity.
Step 3: Get Started! 🚀 Download Hummingbot Miner App: Visit the Hummingbot website and follow the setup guide.Set Up Your Wallet: Install the app and connect it to your wallet.Connect to Exchanges: Link the app to your Binance and AscendEX accounts.Start Providing Liquidity: Begin trading and providing liquidity to the FIRO/USDT pool.
Don’t miss this chance to earn rewards while engaging with the Firo community! Whether you're experienced or new to liquidity mining, everyone is welcome to join and benefit.
The Development of Firo: Ensuring Private and Uncensorable Payments.
@Firo $FIRO was developed to address the growing need for private, uncensorable payments and to protect individuals' right to use money freely. By leveraging advanced cryptographic techniques and offering a decentralized platform, Firo ensures that users can maintain financial privacy and autonomy, countering the risks of government overreach and surveillance.
One of the fundamental reasons behind Firo's development is to protect people's right to use money freely. Financial transactions are a core aspect of personal freedom, and the ability to conduct these transactions privately is essential for maintaining individual autonomy. Traditional financial systems often involve third parties, such as banks and payment processors, which can monitor, restrict, or censor transactions. This oversight can lead to a loss of privacy and potential misuse of financial data.
In a world where digital transactions are becoming the norm, ensuring that individuals can maintain privacy and autonomy over their financial activities is crucial.
@Firo $FIRO is Your Guide to Private Digital Money. Privacy at its PEAK.
Firo is a cryptocurrency that puts your privacy first. Think of it as digital cash that you can use online without leaving a trail of your financial activities.
Key Features of Firo
1. Privacy Protection: When you use Firo, your transactions are mixed with others, making them hard to trace.
2. Secure Network: Firo uses strong security measures to protect its network.
3. Community-Driven: Big decisions about Firo are made by voting. If you own Firo, you get a say in its future.
4. Constantly Improving: The Firo team regularly updates the system to make it better and more secure.
Why People Should Choose Firo 1. Financial Privacy: Use your money without everyone seeing what you're doing.
2. Control Your Data: You decide who gets to see your financial information.
3. Be Part of a Movement: Join others who believe in the right to financial privacy.
4. User-Friendly: Designed to be easy to use, even if you're new to cryptocurrencies.
@Firo $FIRO Mandatory Update: Firo has released a new version of their software, v0.14.14.0.
Passing this information to all $FIRO users and enthusiasts about the latest upgrade. This is not an optional update. All users and nodes on the Firo network must update to this new version.
This update, version 0.14.14.0, is not just another routine software patch; it represents a pivotal moment in Firo's evolution, implementing crucial changes to its economic model and network infrastructure. At the heart of this update lies a series of changes to Firo's tokenomics—the economic model that governs the cryptocurrency. It's a collective step forward, ensuring that the entire ecosystem moves in unison towards its new economic model and enhanced features.
Note: These changes were chosen by Firo users through voting. Also, if you are using Campfire or Stack wallets, no updates are required, as the changes have been made in the backend.
@Firo $FIRO : Sparking a Privacy Revolution in Cryptocurrency
How would you feel if everyone knew about your financial activities? Like what you spend on, what you earn, and how much you have?
I'm introducing you to a kind of money that keeps your financial activities private called $FIRO . Firo = Invisible Money.
Firo, formerly known as Zcoin, is a privacy-focused cryptocurrency and ecosystem. It's a type of digital money designed to protect your privacy.
Firo uses Proof of Work and Chainlocks to secure its network, similar to having both a strong lock and an alarm system on your house. Proof of Work is a security mechanism that requires computational effort to prevent malicious uses of the system, while Chainlocks provide additional protection against certain types of attacks. If someone tries to hack the network, these systems work together to prevent it, keeping your money safe.
Firo can also protect other digital activities, not just financial transactions. Think of Firo as an invisibility cloak for your money. When you use Firo to make a payment, your transaction is mixed with 214 others, so it's hidden in a large group. For example, if you buy a coffee with Firo, the coffee shop knows they received payment, but they can't see any details about your entire financial history or how much money you have.
Firo provides a strong privacy solution. By using this innovative cryptocurrency, you're not only protecting your own financial information but also supporting a movement for greater privacy and freedom in the digital world. Firo gives you the tools to take control of your digital financial life.