Rank: 922
328 Watchlists
Currency
FIRO Price
Contracts/Explorers:
Funds and Backers
No funds found yet
Wallets
No wallets found yet
Firo is a digital currency with a focus on setting privacy standards.
Market Cap
$ 22.57M
FDV
$ 35.49M
ATH Market Cap
$ 635.42M
24 Trade Vol.
$ 1.15M
Vol. (24h) / MCap
0.0509
Max Supply
FIRO 21,400,000
Total Supply
FIRO 21,400,000
Circulating Supply
FIRO 13.61M
(63.6% of Max Supply)
Listing Date
6 Oct 2016
All Time High
$ 169.99
26 Dec 2017
All Time Low
$ 0.275
2 Dec 2016
From ATH
From ATL
Firo is a blockchain-based ecosystem that focuses on preserving privacy. It aims to provide a solution to potential breaches in privacy which have impacted users’ funds and private data across cryptocurrency projects.
FIRO is the native token of the Firo project, it has a total supply of 21,400,000. The token uses the same distribution as Bitcoin and the same halving cycle of 4 years.
The Firo ecosystem comprises the Lelantus trustless privacy solution. It works by allowing users to burn their coins (destroying them forever) and allowing them to be redeemed at a later point with coins that have no transaction history. This means that there is a disconnect in the wallet addresses and transactions cannot be traced.
Users must provide zero-knowledge proof that coins were previously burnt, without the need for confirming or showing which coins were burnt. The size of the transaction also remains hidden from records. A zero-knowledge proof consists of proving that you know something without giving any details about it, only the fact that you do know it. In this manner, users can send coins to each other without detailing the actual coin, size, origin or destination.
Masternodes play a role in network security, for example preventing 51% attacks. They are incentivized to host Firo’s infrastructure and require 1000 FIRO to be deposited as collateral. Rewards are given to masternodes for their work in helping to secure the network, currently, 35% of block rewards are distributed.
Firo uses a unique mining algorithm known as FiroPoW. It aims to keep mining accessible to all those who wish to take part, without requiring heavy-duty rigs. As such, the Firo mining process is optimized for GBP mining and allows miners to use their own hardware. It is FPGA and ASIC resistant.
FIRO is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, AEX, and MEXC Global. The price of FIRO will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for FIRO market prices, please view the price charts on this page.
Firo's current price is $ 1.66, it has dropped -1.87% over the past 24 hours.
Firo's All Time High (ATH) of $ 169.99 was reached on 26 Dec 2017, and is currently -99% down.
The current circulating supply of Firo is 13.61 Million tokens, and the maximum supply of Firo is 21.40 Million.
Firo’s 24 hour trading volume is $ 1.15 Million.
Firo's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 22.61 Million.
You can find more details about Firo on its official website and on the block explorer.
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