Firo(Zcoin) Price

Firo(Zcoin) (FIRO) is a privacy-focused cryptocurrency that prioritizes anonymous transactions. It utilizes advanced protocols like Lelantus Spark to provide on-chain privacy with high anonymity sets. Firo(Zcoin) extends privacy beyond transactions to assets themselves through Spark Assets. As a leader in blockchain privacy research, Firo(Zcoin) has contributed innovations such as Zerocoin, Sigma, and MTP. Currently ranked #1219, Firo(Zcoin) trades at $0.6799 with a 24-hour volume of $1.65K. Its market cap stands at $11.84M, with a circulating supply of 17.41M FIRO. Firo(Zcoin) aims to revolutionize digital privacy and has gained traction in the DeFi and privacy-centric cryptocurrency spaces. Users can acquire FIRO through mining, buying, or earning, joining a growing community focused on financial privacy and decentralization.

Firo(Zcoin) was created in September 2016. Initially launched as Zcoin with the ticker XZC, it was one of the earliest privacy-focused cryptocurrencies. Firo(Zcoin) is based on Bitcoin's source code and was developed by Poramin Insom and his team. It was the first cryptocurrency to implement the Zerocoin protocol, designed by Matthew Green in 2013. The project aimed to provide enhanced privacy features for blockchain transactions. In 2025, Firo(Zcoin) continues to evolve, focusing on privacy, scalability, and decentralization in the cryptocurrency space.

The founders of Firo(Zcoin) are Reuben Yap and Poramin Insom. They established the cryptocurrency in 2016 with a focus on privacy and anonymity in digital transactions. As key figures in the Firo(Zcoin) project, Yap and Insom have been instrumental in developing and promoting the coin's unique features, including its emphasis on decentralization and secure, private transactions. Since its inception, Firo(Zcoin) has evolved under their leadership to become a notable player in the privacy-focused cryptocurrency space, implementing innovative technologies to enhance user privacy and transaction security. As of 2025-06-28, Firo(Zcoin) continues to operate under the vision set forth by its founders, maintaining its commitment to privacy and decentralization in the ever-evolving crypto landscape.

Firo(Zcoin) operates on a unique privacy-focused blockchain that utilizes advanced cryptographic techniques to ensure secure and anonymous transactions. It employs a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism, combining mining and staking to validate transactions and maintain network security. Firo(Zcoin) implements zero-knowledge proofs and a protocol called Lelantus to obscure transaction details, making it difficult to trace the origin, destination, and amount of funds transferred. The network also features a masternode system, which enhances transaction speed and privacy. Firo(Zcoin)'s block size algorithm adapts dynamically to prevent spam and ensure scalability as the network grows. With its current price of $0.6799 and a market cap of $11.84M, Firo(Zcoin) continues to evolve its technology to provide users with a robust platform for private digital currency transactions in the ever-changing landscape of cryptocurrencies.

Firo(Zcoin) utilizes a sophisticated technical architecture designed to enhance privacy and scalability. At its core, Firo(Zcoin) employs the Lelantus protocol, which provides strong anonymity through zero-knowledge proofs. This allows users to burn coins and redeem them later without revealing transaction details. Firo(Zcoin) also implements Dandelion++ for network-level privacy, obscuring transaction origins. The blockchain uses a hybrid Proof-of-Work and Proof-of-Stake consensus mechanism, with masternodes supporting network operations. Additionally, Firo(Zcoin) features Sigma protocol for anonymous transactions and Lelantus Spark for improved privacy and performance. The architecture includes a unique block reward distribution model, allocating funds to development and community initiatives. Overall, Firo(Zcoin)'s technical design prioritizes user privacy, decentralization, and scalability in the evolving cryptocurrency landscape.

Firo(Zcoin)'s future looks promising, with a focus on enhancing privacy and scalability. The roadmap includes implementing Lelantus Spark for improved anonymity and Chainlocks for faster transaction finality. By 2026, Firo(Zcoin) aims to introduce cross-chain interoperability features, expanding its ecosystem. In 2027, the team plans to launch a privacy-preserving smart contract platform, potentially revolutionizing DeFi applications. Long-term goals for 2030 include further decentralization of governance and exploring quantum-resistant cryptography. While the current price of $0.6799 reflects market volatility, Firo(Zcoin)'s commitment to innovation and privacy could drive adoption and value growth. The project's focus on regulatory compliance and user-friendly interfaces may attract both individual and institutional users, potentially boosting its market cap beyond the current $11.84M. As privacy concerns grow in the digital age, Firo(Zcoin)'s unique features position it well for future success in the cryptocurrency landscape.