Name : Zano (ZANO)
ZANO Price : $2.366 -5.6%
Consensus Mechanism : Hybrid Proof of Stake (PoS) & Proof of Work (PoW)
Volume: 63,183
Market Cap: 28,879,565
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Last Screening: Q1 2024
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Overview
Zano (ZANO) is a blockchain platform focused on privacy, security, and usability in digital transactions. It employs advanced cryptographic techniques like stealth addresses and ring signatures to ensure untraceable and unlinkable transactions, enhancing user privacy. Its hybrid Proof-of-Stake (PoS) and Proof-of-Work (PoW) consensus mechanism bolsters security and reduces the risk of double-spend attacks. Multi-Sig transactions and aliases enhance security and usability, while encrypted attachments enable the inclusion of additional data in transactions, enabling diverse applications. Zano's Escrow system enables secure and anonymous transactions without relying on a trusted third party, promoting trust and integrity in transactions.
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