We are thrilled to announce that MAGIC Grants has approved a grant
from the MAGIC Firo Fund to integrate Firo, a leading privacy-preserving
cryptocurrency, with the Enkrypt wallet. The integration work will be spearheaded by BlockStars, a renowned web3 development company. This collaboration will include full support for Spark, enhancing the usability and accessibility of
Firo within a multi-chain ecosystem. We expect the work to take about 3
months.
Elevating Privacy and Accessibility with Enkrypt
The integration of Firo into Enkrypt wallet marks a significant
milestone in our mission to provide users with seamless and secure
access to privacy-focused financial solutions. Enkrypt is not just
another crypto wallet; it’s a true multichain browser extension wallet
developed by MyEtherWallet.
With support for over 70 natively integrated chains—including Ethereum,
Bitcoin, Solana, and many more—Enkrypt offers a unified platform for
managing diverse digital assets.
Why Enkrypt?
Multichain Support: Access EVM chains, Solana, Parachains, Canto, and the Bitcoin Network—all with a single account.
User-Friendly Interface: Easy access to the world of web3 with integrated DApps and NFT management.
One Recovery Phrase: Simplify your crypto experience with one recovery phrase for all chains.
Security and Control: An open-source, self-custody wallet where users have full control over their digital assets.
By integrating Firo into Enkrypt, we are enabling our community to
manage their Firo holdings alongside other cryptocurrencies, all within a
single, user-friendly platform.
Full Spark Support
The integration will include comprehensive support for Spark, Firo’s
innovative protocol that enhances privacy. This means users will enjoy
all the benefits of Spark directly within the Enkrypt wallet, including
easy swaps from other assets and improved privacy features.
About MAGIC Grants and the MAGIC Firo Fund
MAGIC Grants is a 501(c)(3)
public charity that supports essential public infrastructure for
cryptocurrency networks and supports privacy. Through the establishment
of semi-autonomous MAGIC Funds, communities can fund various qualifying
activities such as educational materials, essential development
projects, research, and security audits.
The MAGIC Firo Fund,
established in December 2022, operates independently from the Firo Core
team and is administered by the MAGIC Board. Funded by generous
donations from Firo supporters like Arcadia, donations to the fund are
tax-deductible for U.S.-based contributors.
BlockStars
BlockStars, is a blockchain-based software development company committed to bringing the power of blockchain technology to businesses worldwide. BlockStars
specializes in developing real-world decentralized applications, smart
contracts, NFTs, DeFi apps, and blockchain gaming solutions. Their
expertise ensures that the Firo integration with Enkrypt will be
seamless, secure, and efficient.
The Benefits of a Multichain Browser Extension Wallet
Integrating Firo into a multichain wallet like Enkrypt offers numerous benefits:
Convenience: Manage multiple cryptocurrencies across different blockchains in one place.
Enhanced Security: Benefit from self-custody and open-source security features.
Unified Experience: Access a wide range of decentralized applications and services without switching wallets.
Future-Proof: Easily adopt new blockchain innovations as they are integrated into Enkrypt.
Looking Ahead
This integration is a significant step forward in making Firo more
accessible and user-friendly. We believe that by partnering with MAGIC
Grants, Enkrypt, and BlockStars, we are paving the way for a more
private, secure, and inclusive financial future.
About Firo
Firo is a leading privacy-focused cryptocurrency that leverages advanced cryptographic techniques to provide users with financial privacy. By prioritizing research and development, Firo continues to innovate in the blockchain space to deliver unparalleled privacy solutions.
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Stay tuned for updates on the integration progress. We are committed to keeping our community informed every step of the way.