Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Firo (FIRO) - Implementing ZKP privacy without trusted setup
by
zcoinofficial
on 23/06/2022, 09:14:28 UTC
Yes and I wish the dev would have left the name as Zcoin... but that's history now. Smiley
+1
Big mistake. Biggest.
Good old times when we mined ZCoin using Lyra2Z algo, very power-friendly at that time.

The reason behind the rebrand is to avoid confusion between zcash.

We have a video explaining behind the rebrand https://www.youtube.com/watch?v=W433zQ61YEM

But now only 25% of coins goto miners.  Sad

I do recommend to read this post regarding the concerns and and confusion about this. https://forum.firo.org/t/addressing-concerns-and-confusion-about-the-recent-hardfork/2580

Do note that there will be a revisit of the tokenomics in 6 months time to review the impact of the change. Also, this was the community that voiced and voted. Miners can again vote as they did before.