How ZANO Redefines Privacy and User Flexibility in Crypto

By alberdioni8406 | Barraca Crypto | 13 Jan 2025


The more I immerse myself in ZANO, I learn something new every day. With that, I believe it is a coin that deserves attention and significant traction in the cryptocurrency field. ZANO is a privacy-focused coin and also a very complete one.

It is complete because it values users' fundamental right to privacy while giving them the ability to choose between an anonymous network or an open one with wrapped ZANO. Using ZANO, people have the chance to use wrapped ZANO on the Ethereum network as an ERC-20 asset, which can be exchanged for native ZANO at a 1:1 ratio.

This is an amazing feature, as it gives users a highly flexible network with plenty of liquidity, which can be found on the largest decentralized exchange on the Ethereum network, Uniswap! This also increases users' curiosity about the currency, as they can convert the asset on the Ethereum network into native ZANO.

The entire process is smooth, does not compromise users' security, and converts the ERC-20 asset into a private cryptocurrency with ring signatures, stored in a stealth-mode address.

When I first learned about ZANO, it was through Marc De Mesel, who conducted an onboarding campaign on his X profile and offered free ZANO to encourage people to get involved with the private coin. The process involved using the tip to create an alias (a username associated with the user's wallet in the ZANO ecosystem, which simplifies the process of receiving funds) and sending it back to him to receive more ZANO.

Those who knew Marc at the time recognized the opportunity to lock in and start engaging with ZANO. Marc is a well-known figure in the cryptocurrency field, particularly with Bitcoin Cash, and never promotes something undeserving of attention. That’s when I locked into ZANO and gradually started exploring the ecosystem. The more I learned, the more impressed I became with its features.

As I mentioned, I love the fact that ZANO allows users to be fully shielded when using ZANO in its native mode or to use wrapped ZANO on the Ethereum network, which can be exchanged 1:1. But there are additional features that are incredibly attractive and bound to blow people's minds.

ZANO can take transparent coins, such as BTC, Bitcoin Cash, and others in their native blockchain, and transform them into shielded ones using its Confidential Layer technology. In the future (hopefully not too far away), this technology could enable these currencies to be stored and traded within ZANO's anonymous network, fully utilizing the untraceable nature of a private network. Another great feature of ZANO is the ability for users to create their own currencies directly in their wallets (on both mobile and desktop). This requires no special skills, and the custom currencies can be traded immediately on ZANO's decentralized exchange or through peer-to-peer trades using the swap function in the wallet.

The swap function in users' wallets allows direct trading between users as long as they have the other party's wallet address and both parties agree to the trade—all privately and without anyone snooping on their business.

ZANO is a complete currency that offers everything people need while respecting what matters to them. Soon enough, it will gain the attention of the market. Until then, I believe it’s time to continue storing and acquiring as much as possible, building toward a better future supported by the freedom to choose privacy as a fundamental right.

How do you rate this article?

20


alberdioni8406
alberdioni8406 Verified Member

Creator and Crypto Fan. Find me also on Bastyon here: https://bastyon.com/alberdioni8406


Barraca Crypto
Barraca Crypto

All About Crypto Related News Around the world.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.