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Author Topic: Firo vs ZEC  (Read 31 times)
Abiky (OP)
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Today at 03:07:39 AM
 #1

Two privacy coins, yet two distinct approaches to privacy. Firo (formerly known as Zcoin) is Zcash's alter ago. It utilizes a novel trustless privacy mechanism dubbed "Lelantus Spark". Zcash, while it makes use of ZKPs, it more of a "corporate coin" as it leans more to businesses and corporations. A company oversees its development (Electric Coin Company), anyways. Firo is more community-oriented, although lesser-known to many within the crypto/Blockchain space. ZEC is within the triple digits, while Firo remains valued at less than 1 USD. Both coins are "neck-in-neck" when it comes to privacy.

Between each, which do you think is best? I mean, in terms of privacy tech? Do you think there's still hope for Firo? If not, why? Your input would be greatly appreciated. Thank you.

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Today at 05:13:03 AM
 #2

First time hearing something called Firo and the liqudity too. Some of the things that make me sure Firo is actually hopeless after looking at it briefly :
- Listed on mexc only
- Low liqudity
- Is not even getting trickle down pump effect from the privacy coin hype.
- Nobody even know this coin exist.

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Today at 03:28:17 PM
 #3

Between each, which do you think is best? I mean, in terms of privacy tech? Do you think there's still hope for Firo? If not, why? Your input would be greatly appreciated. Thank you.

I believe that there are more people who are more expert than me in comparing the technology behind it, therefore, I came to the conclusion that assets with higher capitalization are better in the majority. ZCash (ZEC) is ranked #12 on Coinmarketcap, while Firo (FIRO) is ranked even further down, at #852. My blind assessment, $ZEC is better than $FIRO from the technology side.


Image Source: Marketcapof

My answer would be different if we discuss it from another perspective, what I mean is the potential & financial perspective.

R


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Today at 04:31:48 PM
 #4

Between each, which do you think is best? I mean, in terms of privacy tech? Do you think there's still hope for Firo? If not, why? Your input would be greatly appreciated. Thank you.
My first time of hearing Firo, as a token, and even as a privacy coin even. ZEC had been in the space doing numbers and experiencing major increase over time making waves up and down. Just got to look at the 24Hours trading volume of Firo and ZEC on coingecko, the difference is clear.

Firo
$281,056

ZEC
$371,732,528

I think Firo is already a dead project operating over 9 years now, mexc only the popular centralized exchange that carries it. I choose ZEC based on the above analysis.

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