Zano Unveils Zarcanum: A Paradigm Shift in Blockchain Security and Privacy
HONG KONG – 21/03/2024 – (SeaPRwire) – After years of dedicated effort, Zano is thrilled to announce the launch of their highly anticipated network upgrade, Zarcanum. This significant development marks a monumental shift in their blockchain architecture, transitioning from a secure, single-asset chain to a robust, multi-asset, decentralized financial ecosystem. The Zano Project has always prioritized user security, meticulously constructing the platform from the ground up and integrating innovative features such as Proof of Stake with hidden amounts, untraceable transactions, confidential assets, anonymous marketplace creation, and aliases.
As a leading open-source cryptocurrency renowned for its enterprise-grade privacy, security, and scalability, Zano has been leading the charge in revolutionizing blockchain privacy to pave the way for widespread adoption. Pavel Nikienkov, the esteemed Project Manager and Core Developer at Zano, expressed his excitement about the Zarcanum hardfork, stating, “While many in our community perceive the Zarcanum upgrade as a pivotal moment, I see it as the dawn of a groundbreaking era. Zarcanum isn’t merely an update; it signifies a quantum leap forward in our project’s evolution. This marks the beginning of a phase where our platform undergoes exponential growth and truly flourishes.”
Zano’s development team has long harbored ambitions to revolutionize user security within the traditional finance sector. With backing from prominent figures in the crypto space like Roger Ver, Vikrant Sharma, and Douglas Tuman, Zarcanum is poised to redefine the landscape of business operations. Additionally, to facilitate developers in leveraging the capabilities of Zarcanum, Zano is launching the Zano Grants Program, providing financial assistance to foster the growth of a vibrant and diverse developer community within the Zano ecosystem.
Valeriy Pisarkov, the esteemed Lead Researcher & Core Dev at Zano, emphasized the significance of the upcoming Zarcanum hard fork, stating, “The impending hard fork #4 (‘Zarcanum’) represents a pivotal milestone in enhancing Zano’s privacy features. We’ve dedicated extensive efforts, developing over 34k lines of code across 1.2k commits to implement Zarcanum PoS, Confidential Assets, Ionic Swaps, Bulletproofs+, RingCT with hidden amounts, and conducted rigorous testing. While the hard fork entails a period of heightened vigilance, we remain committed to ensuring a smooth transition for the network and blockchain.”
For More Information
Telegram: Zano Project
Website: Zano.org
SOURCE Zano
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