Could you please elaborate on the cryptocurrencies Firo and Zcoin? Are they forks of other popular cryptocurrencies? What are their unique features and selling points? Are they focused on privacy, scalability, or some other specific aspect? How do their consensus mechanisms work? Have they faced any notable challenges or security breaches in their history? How do they plan to compete with the more established cryptocurrencies in the market? I'm particularly interested in hearing about their use cases and community support.
6 answers
Sara
Tue Jul 09 2024
The utilization of this technology marked a significant milestone, as it became the first large-scale application of blockchain in a political election.
Giulia
Tue Jul 09 2024
With over 127,000 votes cast nationwide, the elections showcased the potential and reliability of blockchain in securing and facilitating democratic processes.
DigitalWarrior
Tue Jul 09 2024
The question arises: how does Firo, the underlying technology, function?
CryptoPioneer
Tue Jul 09 2024
In a groundbreaking event, the Firo/Zcoin blockchain was harnessed for the Thai Democrat Party Elections in 2018.
Stardust
Tue Jul 09 2024
Firo operates on the premise of providing untraceable and anonymous payments. This is achieved through four main technological foundations.