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Zano news
About Zano
Zano, a privacy-centric blockchain ecosystem that was launched in 2019. Zano transactions are untraceable, leveraging ring signatures and stealth addresses. With the upcoming Zarcanum hardfork, Zano is transitioning to RingCT and introducing the first-ever Proof of Stake algorithm with hidden amounts. Furthermore, the Zarcanum hardfork will incorporate Confidential Assets, privacy tokens that operate on the Zano blockchain. These assets share the same privacy features as native Zano coins, allowing other developers to run their privacy-oriented projects without the overhead of maintaining their own blockchains, dealing with consensus issues, or other complexities of network operation. Zano's security is fortified by a unique hybrid PoW-PoS consensus algorithm, which is also applicable to assets. In addition to these features, Zano supports on-chain aliases, escrow contracts, and has a built-in staking system with no minimum requirements or time locks. It offers numerous features for both users and developers.
Transactions are made anonymous and untraceable through the use of ring signatures and stealth addresses. Multi-signature functionality allows multiple users to control a single wallet, which can be used for escrow services or two-factor authentication. Users can also create customizable escrow contracts with required deposits for trustless agreements.
All Zano network members can have aliases, for example, @username. These aliases can be linked to a payment address, which makes Zano network more user-friendly. In the long run, aliases will be used in a dedicated messenger, a user reputation service, and an alias-based authentication system.
The live Zano price today is $3.11 USD with a 24-hour trading volume of $59,935.81 USD. We update our ZANO to USD price in real-time. Zano is up 11.47% in the last 24 hours. The current CoinMarketCap ranking is #548, with a live market cap of $37,245,979 USD. It has a circulating supply of 11,983,837 ZANO coins and the max. supply is not available.
If you would like to know where to buy Zano at the current rate, the top cryptocurrency exchange for trading in Zano stock is currently CoinEx. You can find others listed on our crypto exchanges page.