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Firo (FIRO) — price, overview & secure storage
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Last Updated on Oct 09, 2026 01:14 AM
What is Firo? Complete guide to FIRO
What is Firo and who created it?
Firo, previously known as Zcoin, is a cryptocurrency that emphasizes privacy. It employs zero-knowledge proofs to ensure that transactions remain fully anonymous. This is achieved by allowing users to destroy coins and later redeem them as new ones without any transaction history.
Key features of Firo blockchain
Firo stands out among privacy-centric cryptocurrencies by not just obfuscating payment trails but completely abolishing them. It utilizes the Lelantus privacy protocol, which enhances standard cryptographic assumptions and supports high anonymity sets without requiring a 'trusted setup'. Additionally, Firo's operations are supported by Dandelion++, which conceals the originating IP of transactions, eliminating the need for external services like Tor or i2P.
How Firo transactions work
The Firo/Zcoin blockchain was notably used in the Thai Democrat Party Elections in 2018 to elect its party leader, with over 127,000 votes cast nationwide. This marked the first large-scale application of blockchain technology in a political election, showcasing Firo's capability in secure and anonymous voting.
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Similar cryptocurrencies to Firo (FIRO)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 Bitcoin BTC | $81,702.48 | -2.03% | $1.64T |
 Ethereum ETH | $2,473.97 | -4.17% | $0.30T |
 Tether USDT | $0.9993 | -0.02% | $0.18T |
 BNB BNB | $734.18 | -5.23% | $97.75B |
 XRP XRP | $1.39 | -2.73% | $87.51B |
Frequently asked questions about Firo (FIRO)
- Firo is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- Firo stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- FIRO represents the same asset as Firo. The ticker is simply a short label for trading and listing purposes.
- Zcoinutilizes the Zerocoin protocol to provide anonymous transactions in a unique scalable way. The protocol, originally intended to be an extension of Bitcoin, allows you to send coins with no transaction history. Bitcoin records the history of every transaction on a public ledger for anyone to see.
- On 28 September 2016, Zcoin, the first cryptocurrency to implement the zerocoin protocol, was launched byPoramin Insomand team. Roger Ver was the initial investor. Reuben Yap, a former lawyer and founder of virtual private network BolehVPN joined the team as co-founder shortly after the launch of Zcoin.
- Zcoin USD OverviewFiro (XZC) isa cryptocurrency. Users are able to generate XZC through the process of mining.
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