Zano

What is Zano?

Zano is an open-source cryptocurrency and ecosystem designed for privacy, security, and scalability. It operates as a foundation for confidential assets and decentralized applications (dApps).

• Confidential Assets: Users can create privacy-focused tokens with all functionalities of the native coin.
• Escrow Contracts: Trustless agreements between parties without intermediaries.
• Aliases: Short, user-friendly names replacing long blockchain addresses.

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Recent Video Interview

Main points of the interview:

• Zano’s focus on privacy and security.
• Zano’s hybrid proof-of-work and proof-of-stake enhances privacy with anonymous staking.
• Innovations include confidential assets and the Zarum upgrade for enhanced privacy features.
• Challenges in multitasking and the need for robust development tools.

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Technologies

Zano integrates advanced technologies to enhance privacy and functionality:

• Zarcanum: The world's first hidden amounts Proof of Stake scheme.
• Ionic Swaps: Secure, privacy-preserving cryptocurrency exchanges.
• Hybrid PoW/PoS Consensus: Combines Proof of Work and Proof of Stake for enhanced security.

Zano’s Values

• Privacy: Default privacy for all transactions.
• Security: Robust protection through hybrid consensus.
• Decentralization: Open participation with no unfair advantages.

Products

Zano supports a range of products:

• Zano Trade: Platforms for peer-to-peer cryptocurrency trading and decentralized exchange.
• Zano Governance System: Anonymous on-chain voting for blockchain decisions.
• Zano Wallets: Various wallets for different user needs, including desktop and mobile options.

Core Performance

Zano's core features include:

• Auditable Wallets: Transparent wallets for verification purposes without compromising overall privacy.
• Marketplace API: Allows users to create and manage on-chain offers.
• Dynamic Ecosystem: Modular approach for evolving crypto challenges and innovations.

Project Development

Zano Trade Beta is live according to Zano's official update.

• Zano Trade: An all-in-one platform for secure P2P trading.
• Features: Includes a Decentralized Exchange (DEX) and will later offer Escrow Contracts and Instant Swaps.
• Privacy: Trades are fully anonymous, with no registration required.
• Access: Requires the Zano Companion app for authentication.

Other Projects in the Privacy Coin Category

• Decred: combines proof-of-work and proof-of-stake for decentralized governance.
• Verge: a privacy-focused, open-source cryptocurrency, rebranded from DogeCoinDark.
• Railgun: a decentralized privacy ecosystem for Ethereum and other networks, hiding transaction details.

Zano Price Analysis

As of December 5 2024 Zano has a marketcap of $110M. This is {{percentagefromath}} from its all time high of $8.09. In terms of its tokenomics, there's a total supply of 15M with 100% currently outstanding. Keep in mind Zano has a fully diluted value of $110M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.