The evolution of the price of $BDXN after the much-anticipated listing After 5 years of commitment and hard work, #bondex failed to satisfy its community who, disappointed by the events, is screaming scam
The Bull-Bear Indicator shifts back to the bullish side!
This may not be the most spectacular signal, but it clearly deserves our attention. For now, the change remains subtle, but it is often in these early tremors that great trends are born. If the momentum confirms, the 365-day moving average could begin to rise 📈 What do you think?
GDPR and AML rules are colliding head-on, and Bitcoin finds itself caught in the middle.
The European Union could render #Bitcoin❗ almost unusable by 2027... without ever officially banning it. You ask how? A collision between GDPR and anti-money laundering (AML) laws puts crypto in a legal deadlock. Explanations 👇 #crypto #Freedom
The problem with GDPR is that it requires that any personal data (even a Bitcoin public key!) can be deleted. But since Bitcoin's blockchain is immutable, it's impossible to modify or delete anything. Result? Bitcoin is not GDPR-compliant. 🚫 #blockchain
To circumvent GDPR, some propose anonymizing the data. But AML laws prohibit anonymization tools (mixers, tumblers) and track unidentifiable transactions. For them: Anonymizing = suspicion of money laundering. #AML #crypto
So here we are in a total deadlock. By complying with GDPR, we violate AML rules. And by complying with AML, we violate GDPR. In both cases, we find ourselves in illegality. Bitcoin becomes illegal in fact, without a clear ban. This is a silent attack. 🕵️♂️
The EU is tightening the noose on crypto. If nothing changes, Bitcoin could be marginalized in Europe in a few years. What to do? Follow the debate, stay informed, and defend financial freedom! What do you think?
Government involvement in blockchain and the creation of #digital currencies ( CBDC ) is seen by many as a danger, pointing to a dystopian future in which financial #freedom is denied and controlled. In the face of this, privacy coins like @firoorg offer hope, as they provide secure #protection against growing totalitarianism by giving everyone the power to #control their money outside the reach of government. With its many innovative features and its Campfire wallet, Firo lets you preserve your #privacy. When freedom is at stake, $FIRO , its wallet and DEX are among your best defenses. Adopt $FIRO and take charge of your money, your #data and your future right now.
Do you know what $FiIRO’s Spark #Assets are? No? Well, let’s discover this innovation that takes the confidentiality of #crypto #transactions to the next level. #Spark Assets, or Spats, are confidential assets created on the Firo blockchain. They not only mask the sender, recipient, and amount, but also the type of asset being transferred. In a world where our data is constantly monitored, financial #privacy is essential. Spark Assets offer a solution for those who want to keep their #transactions and assets #private and secure. Using $FIRO’s Lelantus Spark protocol, they enable confidential #transactions without the need for a trusted third party, ensuring total #privacy for each transaction. Ready to explore the possibilities offered by Spark Assets? Join the Firo community and discover how this technology can transform your crypto experience.
Good news for $FIRO holders! Today's chart analysis reveals a relatively stable trend, with a few slight fluctuations. The current price fluctuates between 1.22 and 1.25 USD, offering reassuring stability in a sometimes unpredictable market. Better still, over the last 24 hours, Firo has risen by 0.93% to 3.16%, testifying to positive momentum. A development to keep an eye on for investors in search of consistency!
How $FIRO protects its network from 51% attacks: stronger security
Security in the cryptocurrency world is a priority, and Firo has developed robust solutions to protect against 51% attacks. If you're wondering what this means, it's an attack where someone would take control of more than half the network in an attempt to alter transactions. Fortunately, Firo has an effective system to counter this type of threat.
Firo uses a hybrid consensus algorithm, which combines proof-of-work (PoW) and a network of master nodes called LLMQ. These master nodes play a crucial role: they secure the blockchain through a process called ChainLocks, which ensures that blocks are validated quickly and cannot be modified maliciously.
On top of this, there's another interesting element: to operate a masternode, you need to block 1,000 FIROs as collateral. This means that operators have every incentive to play fair, or risk losing their investment. This double protection - PoW and masternodes - ensures a high level of security and makes 51% attacks virtually impossible.
So Firo has put in place a system that works, protecting both network and users. With this approach, you can use Firo with complete peace of mind, knowing that your transactions are safe.
What are the advantages of FIRO over other privacy-focused cryptos? Firo (FIRO) offers several advantages over other privacy-oriented cryptocurrencies: Advanced technologies: Firo uses protocols like Lelantus and Lelantus Spark, offering robust privacy and high anonymity sets, making transactions difficult to trace.
Anonymous transactions: Unlike cryptos such as Bitcoin, which offer pseudonymity, Firo enables truly anonymous transactions, protecting users' personal information.
Decentralization and governance: Firo operates on a decentralized network, allowing holders to actively participate in the governance of the project, fostering an engaged community.
These features make Firo an attractive option for those who value confidentiality and security in their transactions.
With the arrival of tap2earn, the adoption of cryptocurrencies is greater every day. And who says newcomer, says new victim of scams and information theft.But Firo is there as the one and only true guarantor of your safety, dear newcomer. To protect yourself from any attack you adopt Firo because when you adopt Firo, you benefit from total confidentiality thanks to its Lelantus protocol, which anonymizes transactions in an unrivalled way. With Firo, you have total control over your finances, with no oversight or interference. Its true decentralization ensures enhanced security, while protecting against cyber-attacks. Firo also stands out for its innovative technology and committed community, guaranteeing its continuous evolution. Last but not least, it is censorship-resistant, allowing you to make transactions in complete freedom.
In the crypto world, everything evolves. That's exactly what's happening with Lelantus and Spark Privacy, two #privacy protocols integrated into $FIRO 's Campfire wallet. We'll be talking about Spark here, which is simply the natural evolution of Lelantus, designed to make privacy more accessible and more powerful.
Lelantus was a turning point in the confidentiality of blockchain transactions. By "burning" coins, this protocol made transactions impossible to trace. It was revolutionary, but admittedly a little complex for the average user to understand and use, which is where the Spark protocol comes in. Spark improves on Lelantus by simplifying the whole process. No need to "burn" coins: Spark uses special addresses to make transactions anonymous, while making the experience much easier for even the average user. What's more, Spark is now the default protocol in the Campfire wallet. Which means you don't have to configure anything: your confidentiality is assured automatically, with no extra effort.
With these two protocols inspiring many projects, it's easy to see that $FIRO is at the forefront of technologies designed to guarantee user confidentiality while making the user experience more intuitive.
FIRO is one of the few projects contributing to independent research into blockchain privacy. Thanks to its innovative technologies such as Lelantus and Lelantus Spark, it enables totally anonymous and secure transactions, where neither the identity of the sender nor the amount of the transaction is disclosed. These protocols offer a level of confidentiality far superior to that of most other cryptocurrencies, and improved scalability for transactions, which is influencing other projects to adopt it, proving its importance in the crypto ecosystem.
Binance to upgrade $FIRO network (FIRO) and hard fork Dear FiroFans, please remember that it is important that you do your update before September 16th because the network upgrade and hard fork will take place at block 958 655 , i.e. around 2024-09-16 05:00 (UTC). From approximately 2024-09-16 04:00 (UTC) , Binance will suspend token deposits and withdrawals on the Firo network (FIRO) to support its network upgrade and hard fork to ensure the best user experience.
Hello Guys! Today we're going to find out how our famous Firo manages to keep transaction fees incredibly low. Formerly Zcoin, uses advanced technologies such as Lelantus and Lelantus Spark to guarantee secure, anonymous transactions. But what interests us here is its low transaction fees.
𝐖𝐡𝐲 𝐚𝐫𝐞 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐟𝐞𝐞𝐬 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭?
High fees can make small transactions costly and discourage users. This is where $Firo stands out with its low fees, making transactions more accessible.
𝐓𝐡𝐞 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐁𝐞𝐡𝐢𝐧𝐝 𝐅𝐢𝐫𝐨
Masternodes: These special servers help secure the network and process transactions quickly, spreading costs to keep them low.
Lelantus and Lelantus Spark: These technologies enable anonymous transactions with less data, thus reducing processing costs.
Network Economy: Firo uses a combination of block rewards and transaction fees to balance costs
Concrete examples
Sending 10 Firo to a friend could cost less than a cent in transaction fees, a considerable saving compared to other cryptocurrencies.
Firo offers secure, anonymous transactions while keeping fees low thanks to advanced technologies and a well-thought-out network economy. A cryptocurrency to explore for affordable transactions!
We are going through a difficult time with the market going down, and many feel a certain anxiety when checking their wallets. However, despite this phase, this crypto continues to bring us joy. Even if the market is in red, their graph always remains green, as is the case for $FIRO, which constantly gladdens the hearts of its community. This is made possible by its innovative technologies such as Lelantus and Lelantus Spark, its dedicated community, and its almost zero transaction fees. It is a true joy to be a part of this community. #Binance #Firo #Web3
The security and confidentiality of $FIRO make travel bookings even more attractive. Bravo Travala for this integration! Users can now travel with complete peace of mind. #Firo #Binance #traveling-time
Great news for the Firo community! Version v0.14.14.0 is finally here, and it brings major changes voted for by the community. This update is mandatory and requires a hard fork. Make sure you update your wallets, daemons and masternodes before September 16, 2024 to stay in the race!
Don't worry if you're using Campfire or Stack wallets: no update is required on your side. The changes have been integrated in the background... #Firo #FIRO/USDT #PrivacyCoin #USDT。
𝙃𝙖𝙫𝙚 𝙮𝙤𝙪 𝙝𝙚𝙖𝙧𝙙 𝙤𝙛 𝙩𝙝𝙚 𝙁𝙞𝙧𝙤 𝘾𝙧𝙤𝙬𝙙𝙛𝙪𝙣𝙙𝙞𝙣𝙜 𝙎𝙮𝙨𝙩𝙚𝙢 (𝙁𝘾𝙁𝙎)?🎯 When it comes to valuing the community, FIRO goes all out with the Firo Crowdfunding System (FCFS). This system is proof that the Firo community never sleeps! Thanks to this model, anyone can propose a Firo-related project and obtain funds directly from the community. It's a great way to fund initiatives that benefit everyone. Case in point: a recent proposal aimed to improve the analysis tools for Firo transactions. The community supported the project, and now it's time for new features that will make our favorite crypto even more powerful!
Cross margin on Binance is a trading mode where all the money in your margin account is used as collateral for all your positions. This means that all your positions share the same margin, which can help you avoid the rapid liquidation of an individual position. Basically, it's more flexible and can reduce margin requirements. And I'd like to take this opportunity to remind you of some good news you may have missed! Binance has recently added the FIRO/USDT pair to the cross margin. This allows you to trade FIRO with more flexibility and security. FIRO advantages :
Confidentiality: FIRO uses advanced technologies like Lelantus to guarantee anonymous transactions.
Security: transactions are secure, protecting your financial data.
Decentralization: FIRO is designed to resist censorship and mass surveillance.