Firo Frontier Newsletter - Vol. 1 No. 4
Firo Frontier · November 22, 2024
Firo Frontier provides a brief summary of what's been happening in Firo over the past two weeks.
Confidential Layer - Firo’s partnership continues
As part of our partnership with Confidential Layer (a crypto bridge that allows other assets to be bridged over into our upcoming Spark Assets ecosystem), the $FIRO community has had the opportunity to purchase $CLONE tokens at a discounted price. The Confidential Layer airdrop campaign continues with $FIRO having dedicated time and special tasks during the Confidential Layer airdrop campaign and a unique chance to earn rewarding $CLONE airdrops. Confidential Layer’s $CLONE token serves as the native currency of the Confidential Layer ecosystem. More information about the $CLONE airdrop can be found here: https://cloneairdrop.com
More information about 'Confidential Layer' can be found at https://confidentiallayer.com/
Disclaimer: Some of these tasks do require the sharing of certain socials or e-mails so if you don’t want to give up this information, there’s no compulsion to join.
What is the true value of privacy coins
The true value of privacy coins isn’t in their monetary value - rather - it’s in their ability to help us regain our financial freedom and privacy, filling a crucial gap that emerged with Bitcoin's lack of privacy. While Bitcoin’s value increases and decreases daily - as with many speculative assets - the value of $FIRO doesn’t move significantly since it’s real value is in it’s privacy features and not as a speculative asset. Privacy coins weren’t created as another speculative asset to trade. They represent and preserve a fundamental human right - privacy.
People who are looking for get-quick-rich schemes need to look at coins other than $FIRO - and those that appreciate the need for privacy in the crypto space should look at coins like $FIRO. While coins like Bitcoin have their place - you do have to ask the question - What kind of digital financial future do we want to build? One where every transaction can be traced back to you, or one where financial privacy remains a fundamental human right?
While we all hope to see privacy coins perform in price too, we can’t forget the true value of privacy coins and why they were created - and their contribution to human liberty. This newsletter entry was inspired by the following post on X:
x.com/Ndako_mustapha/status/1857702240431071469
Warning FiroFam! Beware of Scammers!
As with all crypto and other online services please be aware of scammers. There are always new scams being created almost daily - our official site is firo.org. We do NOT offer cloud mining, deposits, or any investment schemes. Stay safe and always verify!
Updates from the developers
The $FIRO developers are actively working on new $FIRO features that continue to keep $FIRO on the leading edge of privacy preserving crypto and continue to maintain the $FIRO infrastructure aiming to be the best privacy preserving crypto coin in the crypto space.
Current work includes:
Spark Names - This new feature is the next major roadmap item that will be supported. People will be able to send and receive Firo through human readable names. You'll be able to register them on-chain for a small fee depending on the length and they'll be limited to only spark addresses.
Spats - this feature allows all assets on the tokenization layer to share the same anonymity pool, vastly improving privacy. Work on this feature continues and is progressing well.
Spark support for newly created $FIRO coins - work continues on enabling newly created $FIRO coins (as part of the mining or Master Node rewards process) to be created as Spark assets rather than the current transparent coins - thus allowing privacy for all coins created as part of the $FIRO ecosystem.
Normal maintenance also continues on $FIRO programs including Electrum / Trezor issue resolution, Performance improvements for Master node Memory/CPU usage reduction and memory optimization, and preparation work for implementation of new $FIRO features.
Development details can be found in this Firo Forum post: https://forum.firo.org/t/weekly-firo-development-meeting-minutes/2337/107
Other News
MeileDVPN (a distributed VPN service) has completed its work on an option to allow native $FIRO payments using NOWPayments. MeileDVPN is the only dVPN that currently accepts privacy coins as payment. The official announcement for their v2 release has now been made and includes the $Firo payment option. The X announcement can been seen here: x.com/MeileDVPN/status/1857787754748285241
Pecunia platform is offering free hosting for a month for newly created FIRO nodes - for more info see info on x: x.com/PecuniaP/status/1845035309534204378
Blynex exchange recently listed FIRO.
Reuben Yap (our Project Steward) attended Devcon in Bangkok.
Reminder Monerotopia 2024 is happening on November 14th-17th in Roma, Mexico City! This is the ultimate unity event focused on privacy tech, digital cash, and actually using crypto! Get 10% off your tickets with promo code "firo24"
Don't miss it — grab your tickets now! https://monerotopia.com/Guarani, representing Firo is in the final of Copa Monero! Come support them on November 17th! https://copamonero.com/
There’s an ongoing discussion on Firo’s upcoming roadmap! Join here: https://forum.firo.org/t/firo-development-roadmap-discussion/3490
Firo Forum discussions continue on the need for changes to the Consensus Mechanism when we switch to tail emissions (4-5 years in the future) https://forum.firo.org/t/discussion-consensus-mechanism-during-tail-emission/3434
Over the past two weeks, the Firo X Meme Contest brought out the creativity and humor of our amazing FiroFam, resulting in 170+ entries! The response was incredible, showcasing the community’s passion for privacy and Firo https://x.com/firoorg/status/1854485867307671827
Free Roger
Roger Ver, often referred to as "Bitcoin Jesus," is a prominent advocate for financial freedom and cryptocurrency innovation. He has been instrumental in the global adoption of Bitcoin and other digital currencies, consistently championing the principles of decentralization and economic liberty.
Now, Roger faces false charges that could result in a devastating 109-year prison sentence. This case is a stark example of how power can be misused to stifle innovation and silence voices of dissent. Such actions threaten not only Roger but also the foundational values of fairness, freedom, and progress.
Stand with Roger. Sign the petition to demand justice: www.freerogernow.org
Did you know?
Firo's blockchain uses a hybrid consensus infrastructure with both PoW (Proof-of-Work) and LLMQ (Long Living Masternode Quorums) Chainlock systems to defend against 51% attacks while ensuring near-instant finality of blocks and transactions, making Firo an ideal choice for secure and efficient payments. More information is available at:
https://firo.org/