Zano (ZANO)
Rank #231
Market snapshot
- Price
- $8.28
- Market cap
- $127.7M
- 24h volume
- $1.6M
- Circulating supply
- 15,421,061.24
- Total supply
- 15,421,061.24
- Max supply
- N/A
What is Zano?
Zano is a cryptocurrency designed to operate as a medium of exchange, emphasizing privacy features. It utilizes a hybrid consensus mechanism that combines proof-of-work and proof-of-stake, allowing users to generate ZANO through mining. This structure supports a decentralized network where transactions can occur directly between users.
Key information
- Symbol
- ZANO
- CMC rank
- #231
- Network / platforms
- N/A
- Categories
- Mineable
- Date added
- Jan 17, 2020
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Zano (ZANO)?
- Zano (ZANO) is a mineable cryptocurrency that operates as a medium of exchange, focusing on privacy and utilizing a hybrid proof-of-work and proof-of-stake mechanism.
- What are the risks associated with transferring Zano?
- Digital asset prices can be volatile. Users should verify asset and network before transferring assets, and self-custody requires secure handling of private keys.
- How can I verify my acquisition of Zano?
- Verify the asset name, network, and destination details before transferring Zano. Ensure the destination address and network are correct.
- Where can I find official resources for Zano?
- Official resources for Zano include its website at https://zano.org/, its whitepaper at https://docs.zano.org/docs/learn/whitepaper/, and its source code on GitHub at https://github.com/hyle-team/zano.
