Check Zano Current Price Today.

What is Zano?Zano is an open-source cryptocurrency (layer-1) and ecosystem with enterprise-gradeprivacy, security, and scalability that operates as a robust platform for confidentialassets and decentralized applications (dApps).Confidential AssetsAnyone can easily issue user-creatable privacy tokens on the Zano chain; assetssecured by the same mechanisms that make Zano so much more secure thanfirst-generation cryptocurrencies, namely because of hidden addresses and hiddenamounts. This unique technology can be used to create private stablecoins, shieldedversions of existing assets, and much more, without the overhead of having to create,manage, and secure your own blockchain.Untraceable Transactions with hidden amountsThe transactions between Zano network members are made untraceable with the help of several technologies, most importantly d/v-CLSAG Ring Signatures and Stealth Addresses. Also, the way transaction data is stored on the blockchain allows access by parties who authorized the transactions only, and none of the private data is ever publicly published. A secure scheme with a set of proofs allows for the concealment of the amount of coinstransferred. The Bulletproofs+ technology is used for these proofs, enabling thecreation of both performance-eective and size-eective proofs.Burning of all feesOn Zano, all network fees are being burned. With enough network usage, the daily feeburning could surpass the emission from block rewards, resulting in supply becomingdeflationary over time. This combination of small, minimalistic daily emissions, together with daily burns, results in little to no sell pressure on the exchanges.