Question 1

Where can I download Firo?

Accepted Answer

The wallet is available for download from our website or Github Releases page.

Question 2

As a truly private cryptocurrency, won't Firo be used for terrible things?

Accepted Answer

As a truly private cryptocurrency, won't Firo be used for terrible things?

Question 3

What is Firo's mission?

Accepted Answer

What is Firo's mission?

Question 4

How does Firo's privacy mechanism work?

Accepted Answer

How does Firo's privacy mechanism work?

Question 5

How does Firo compare to other privacy preserving cryptocurrencies?

Accepted Answer

How does Firo compare to other privacy preserving cryptocurrencies?

Question 6

Why aren't Firo transactions private by default?

Accepted Answer

Why aren't Firo transactions private by default?

Question 7

What is trusted setup?

Accepted Answer

What is trusted setup?

Question 8

Where can I buy Firo?

Accepted Answer

You can see all the exchanges and/or swap services Firo is available on our Buy Firo page or on Coingecko.

Question 9

What will Firo's Development Reward be used for?

Accepted Answer

What will Firo's Development Reward be used for?

Question 10

What is the total supply and distribution of Firo?

Accepted Answer

What is the total supply and distribution of Firo?

Question 11

What mining algorithm does Firo use?

Accepted Answer

Firo uses the FiroPoW algorithm targeted at GPUs that keeps mining accessible to everyone. Firo has always been a strong believer in the power of Proof-of-Work (PoW). PoW enables community building, fair distribution and ties the value of Firo to the physical world with energy.

Question 12

What is FiroPoW?

Accepted Answer

FiroPoW is a mining algorithm that is highly optimized for GPU mining and designed to be both FPGA and ASIC resistant to even the playing field and allow people to mine from their own consumer hardware. FiroPoW follows ProgPoW's 0.9.4 spec with a small change to have the algorithm randomly change with every block.

Question 13

How can I mine Firo?

Accepted Answer

Check out our Firo mining guide for detailed instructions on how to get started with mining!

Question 14

What are Masternodes for?

Accepted Answer

What are Masternodes for?

Question 15

What do I need to host a Firo masternode?

Accepted Answer

What do I need to host a Firo masternode?

Question 16

Are my coins safe on a Firo masternode?

Accepted Answer

Are my coins safe on a Firo masternode?

Question 17

How much are the rewards from hosting a masternode?

Accepted Answer

70% of the block reward is paid to masternodes. Masternodes are selected for payment in each block (approximately every 2.5 minutes) from a deterministic masternode list, and moved to the back of the list after payment. The frequency of the block payout depend on how many active Masternodes there are.

Question 18

Where are your blockchain explorers?

Accepted Answer

Our explorer can be found on explorer.firo.org and our testnet explorer can be found on testexplorer.firo.org

Question 19

Why do some blocks deviate significantly from the target block time?

Accepted Answer

Our target block time is 2.5 minutes. The chances of not getting a block in a certain time follows exponential distribution. So even though our target block time is 2.5 minutes, roughly 1 in 400 blocks can take more than at least 15 minutes to find.

Question 20

Do you have a blog?

Accepted Answer

Yup! Visit our blog to stay updated with the latest news and developments.

Question 21

How can I get involved with the Firo community?

Accepted Answer

We have active communities on our Discord, Telegram and Forums! You can check out all our social links on our Community page.

Frequently Asked Questions

Overview

Where can I download Firo?

As a truly private cryptocurrency, won't Firo be used for terrible things?

What is Firo's mission?

Privacy

How does Firo's privacy mechanism work?

How does Firo compare to other privacy preserving cryptocurrencies?

Why aren't Firo transactions private by default?

What is trusted setup?

Economics

Where can I buy Firo?

What will Firo's Development Reward be used for?

What is the total supply and distribution of Firo?

Mining

What mining algorithm does Firo use?

What is FiroPoW?

How can I mine Firo?

Masternodes

What are Masternodes for?

What do I need to host a Firo masternode?

Are my coins safe on a Firo masternode?

How much are the rewards from hosting a masternode?

Technical

Where are your blockchain explorers?

Why do some blocks deviate significantly from the target block time?

Community

Do you have a blog?

How can I get involved with the Firo community?

Still have questions?