Zano(ZANO)

Overview

Zano (ZANO) is an open-source, privacy-focused layer-1 cryptocurrency and ecosystem positioned as a platform for confidential assets and decentralized applications. Anyone can issue user-created privacy tokens directly on the Zano chain, and those assets inherit the same hidden-address and hidden-amount protections as the base coin. This is intended to let developers build private stablecoins or shielded versions of existing assets without launching and maintaining a separate blockchain.

Technically, Zano makes transactions difficult to trace using d/v-CLSAG ring signatures and stealth addresses, while Bulletproofs+ proofs conceal transferred amounts with compact, performance-efficient proofs. Transaction data is stored so that only the parties who authorized a transaction can access it, meaning private details are not published on-chain in the clear. Zano also burns all network fees, so with sufficient usage the amount burned daily could exceed the coin emission from block rewards.