Zano

About Zano

Zano is an open-source layer-1 cryptocurrency and ecosystem focused on enterprise-grade privacy, security, and scalability. It serves as a platform for confidential assets and decentralized applications (dApps). Users can issue user-creatable privacy tokens on the Zano chain, which are secured by hidden addresses and hidden amounts, enabling the creation of private stablecoins or shielded versions of existing assets without the need to manage a separate blockchain. Transactions on Zano are untraceable, utilizing technologies such as d/v-CLSAG Ring Signatures and Stealth Addresses, and the amounts transferred are concealed using Bulletproofs+ proofs. Additionally, all network fees on Zano are burned, which could make the supply deflationary if daily fee burning surpasses block reward emissions.

• Zano allows anyone to issue user-creatable privacy tokens on its chain, which can be used for private stablecoins or shielded versions of existing assets.
• Transactions on Zano are untraceable due to the use of d/v-CLSAG Ring Signatures and Stealth Addresses.
• The concealment of transaction amounts is achieved using Bulletproofs+ technology, which is both performance-efficient and size-efficient.
• All network fees on Zano are burned, potentially leading to a deflationary supply if daily burns exceed block rewards.
• Zano is categorized as a privacy blockchain and supports both Proof of Stake and Proof of Work mechanisms.