Firo to Undergo Hard Fork on on November 19
Firo has scheduled a hard fork for November 19, introducing several key upgrades. The update will enable Spark Name transfers, reduce GPU VRAM requirements (allowing 8GB GPUs to mine), and include various performance improvements.Users of the Firo-QT reference wallet or those operating nodes/masternodes are required to update their software before the fork to ensure network compatibility.FIRO InfoFiro, formerly known as Zcoin, is a cryptocurrency platform that focuses on providing privacy and anonymity for its users. Based on the Zerocoin protocol, Firo utilizes advanced cryptographic technology to ensure transactions are untraceable and account balance information remains hidden.One of the key components of Firo is the Lelantus protocol, which is designed to enhance privacy and scalability comparable to the Zerocoin protocol. Lelantus conceals the owner and transaction amount information while still allowing verification of its validity without revealing private details.Firo also employs a masternode system, allowing network participants to earn passive income by providing services to the network. Masternodes perform important functions such as instant transactions and ensuring anonymity.In addition to privacy, Firo also ensures decentralization of monetary policy. It utilizes the Proof-of-Work (PoW) algorithm, which guarantees equal opportunities for all miners and prevents network monopolization.