Invezz

Firo (FIRO)

Firo is a privacy-focused cryptocurrency designed to function as digital cash with strong confidentiality protections. The project launched in 2016 as Zcoin before rebranding to Firo, and it has become known for its work on practical zero-knowledge privacy systems. Its development history includes the Zerocoin protocol, followed by Sigma, Lelantus, and the more advanced Lelantus Spark framework.

Lelantus Spark is central to Firo’s current privacy model. It is built to obscure the sender, receiver, and transaction amount, while maintaining a design that can be audited and upgraded more easily than many complex privacy systems. The architecture can also be extended to support confidential assets, allowing users to issue privacy-preserving tokens through Spark Assets within the Firo ecosystem.

Firo combines proof-of-work mining with a masternode layer to secure the network. Its Long-Living Masternode Quorums support features such as ChainLocks and InstantSend, which help strengthen finality and reduce the risk of certain reorganisation attacks. The network also uses Dandelion++ to make it harder to link transactions to the IP address from which they originate, reducing reliance on external privacy tools.

The project is open source and community driven, with a focus on user autonomy and transaction confidentiality rather than general-purpose smart contracts. One notable historical use of its underlying technology came in 2018, when the Thai Democrat Party used the Zcoin blockchain in a leadership election with more than 127,000 votes cast. Firo’s distinguishing role is its continued emphasis on scalable, trustless privacy for everyday cryptocurrency payments.

0.63136 USD
−0.067625 (-9.67%)

Last updated

Market Cap
$12M
Fully Diluted Valuation
$12M
24 Hour Trading Vol
$415k
Circulating Supply
18.9M
Total Supply
18.9M
Max Supply
21.4M
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Market Cap
$11,955,706
Fully Diluted Valuation
$11,955,794
24 Hour Trading Vol
$414,877
24h High
$0.749851
24h Low
$0.63532
24h Change
-8.69%
7d Change
-0.32%
30d Change
-5.13%
1y Change
-1.01%
Market Cap Rank
#1035
Market Cap Rank (rehypothecated)
#1290
Circulating Supply
18,856,645
Total Supply
18,856,782
Max Supply
21,400,000
All-time high
$139.77 (-99.55%) · Dec 25, 2017, 7:00 PM
All-time low
$0.279591 (+127.23%) · Dec 1, 2016, 7:00 PM
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