House of Chimera Profile picture
May 19 12 tweets 5 min read Read on X
Public blockchains make financial activity easy to verify, but also easy to trace.

@zano_project is built around a private-by-default financial infrastructure with verifiable accounting:
🔹 Privacy enforced at protocol level
🔸 Confidential financial infrastructure

A technical deep dive into Zano 🧵Image
Zano is not only a privacy payment chain.

🔹 Users can transact privately
🔸 Developers can issue confidential tokens
🔹 Stakers can secure the network privately
🔸 Apps can build around private trading, aliases, escrow, and messaging

The broader thesis is private financial infrastructure.Image
Zano’s architecture is organized across four layers.

🔹 Cryptography: RingCT, stealth addresses, CryptoNote base, audit keys
🔸 Consensus: hybrid PoW/PoS, staking, block rewards
🔹 Protocol: Confidential Assets, Ionic Swaps, aliases, escrow
🔸 Apps: Zano Trade, fUSD, Messenger, Companion

Each layer adds a privacy surface.Image
The base transaction layer hides the metadata most chains expose.

🔹 Ring signatures obscure the sender
🔸 Stealth addresses obscure the receiver
🔹 Bulletproofs+ hide transferred amounts
🔸 Confidential Assets can also hide the asset type

Privacy is treated as default infrastructure.Image
Confidential Assets are one of Zano’s main differentiators.

🔹 Assets inherit native ZANO privacy guarantees
🔸 Amounts, addresses, and asset types can remain hidden
🔹 Assets can be created, minted, burned, whitelisted, and updated
🔸 Verification still checks supply integrity

This makes Zano a private asset network.Image
The Confidential Assets model has real architecture behind it.

🔹 Asset descriptors define ticker, supply, metadata, and controls
🔸 Asset tags are derived from those descriptors
🔹 Blinded tags hide which asset is being transferred
🔸 Balance and range proofs preserve public verifiability

The system hides data without breaking accounting.Image
Zano’s consensus is also designed around privacy.

🔹 Hybrid PoW/PoS combines mining and staking
🔸 Attacking the chain requires pressure on both hashpower and stake
🔹 Zarcanum enables staking with hidden amounts
🔸 Stakers can participate without exposing balances

This differs from transparent PoS networks.Image
The application layer turns privacy into usable products.

🔹 Zano Trade supports private DEX flows through Ionic Swaps
🔸 P2P trading uses escrow contracts
🔹 Aliases simplify payments and identity
🔸 Anonymous onchain voting gives stakers governance without public exposure

The design targets private usage, not just private holding.Image
Network participation is one of Zano’s stronger signals.

🔹 Around 12.42M ZANO is staked, representing 81.22% of total supply
🔸 Emitted supply sits near 15.29M ZANO, with ~5.58M transactions processed
🔹 PoW hash rate is around 965.5 GH/s, while real-time staking APY is ~2.1%

The standout metric is the share of supply participating in consensus.Image
Market metrics give context on size and liquidity.

🔹 ZANO’s market cap sits around $175M
🔸 Circulating supply is about 15.29M ZANO
🔹 CMC rank is around #224
🔸 Daily volume remains in the low single-digit millions

Zano is established, but still smaller than major privacy and L1 assets.Image
The roadmap is focused on interoperability and protocol hardening.

🔹 Hardfork 6 introduces Gateway Addresses, consensus upgrades, and decoy selection changes
🔸 Gateway Addresses simplify bridges, DEXs, exchanges, and payment integrations
🔹 Native ZANO bridging through Confidential Layer is planned
🔸 Full PoS research and mobile wallet work are also on the roadmap

The next phase is private cross-chain finance.Image
Recap: Zano’s thesis is built around private financial infrastructure with verifiable accounting:
🔹 ~12.42M ZANO staked, representing ~81.22% of emitted supply
🔸 Confidential Assets for private token issuance and transfers
🔹 Zarcanum enables private staking, while Ionic Swaps and escrow support private trading

Zano is building toward a privacy-first financial stack, and the key test is whether private assets become real usageImage

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with House of Chimera

House of Chimera Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @HouseofChimera

Sep 11, 2025
Every L1 wants to be modular now. But NEAR? It’s been modular since day 1, anon.

🔹 The L1 with sharding at scale
🔸 Chain Abstraction = 1 account, any chain
🔹 Built to make crypto invisible to normies
🔸 NEAR X AI?!

Lets look at why @NEARProtocol is ahead 🧵 Image
@ilblackdragon @NEARWEEK @Nearity_org @marcuslayerx @0_bishi_7 @YevhenSkydan @iamsamitpatel @r3ktdegen @ZastrowBradley 2018: An AI startup needed to send microtransactions worldwide.

ETH & BTC fees made it impossible.

So they built @NEARProtocol:

🔹 Cheap, scalable transactions
🔸 Sharding from day 1
🔹 Built for a billion users

Now that’s a blockbuster origin story, anon!
.@NEARProtocol = one of the fastest sharded PoS chain w/ elite UX & multi-chain interoperability.

🔹 Nightshade Re-sharding → 3K TPS, scaling to 100K+
🔸 2s finality, <$0.01 fees
🔹 Gasless EVM (Aurora) + IBC Parachains (Octopus)
🔸 Trustless bridge (Rainbow)

Tried NEAR yet anon?Image
Read 16 tweets
Jun 17, 2024
Web3 Marketing is a Facade (specifically on X)

🔹Web3 marketing is deteriorating rapidly, and unfortunately, the community is paying the price.
🔸This issue has worsened with @elonmusk's decision to privatize likes.

Why is this a bad idea, and how does it go against Web3 fundamentals? Let's discuss.Image
Let's start with what makes an 'influencer' or KOL desirable for brands.

🔹 Companies engage in marketing to expand their reach, aiming to boost cash flow or growth.
🔸 KOLs have a vast audience, so partnering with them can help achieve these goals effectively.
How can one increase their reach?

🔹 Organically: Create quality content, listen to your audience, understand their needs, and provide value for free.
🔸 Artificially (or black hat): Purchase reach, likes, retweets, and followers.
Read 13 tweets
May 3, 2024
Progress Update: @MultiversX

🔹The $EGLD ecosystem is ramping itself up for Sovereign Chains, an extension to the @MultiversX main chain, seamlessly interconnected and decentralised.
🔸This thread aims to provide context and insights into Sovereign Chains on @MultiversX Image
What are Sovereign Chains on @MultiversX?

🔹Sovereign Chains offer tailored blockchain solutions, enabling specific functionalities without building from scratch.
🔸Each chain can be designed for particular applications or economic models, enhancing flexibility. Image
How do Sovereign Chains work?

🔹Utilizes two types of tokens for network security - $EGLD and a chain-specific token (if any).
🔸Requires validators to lock a specific amount of $EGLD to participate, ensuring commitment. Image
Read 5 tweets
Mar 15, 2024
Progress Update: @dfinity (CkBTC)

🔹The $ICP team is developing CkBTC, a Bitcoin Layer 2 sidechain leveraging Chain Key Cryptography for secure, decentralized transactions between Bitcoin and ICP.
🔸This thread aims to provide more context on CkBTC and its inner workings! Image
What is ckBTC?

🔹ckBTC is Bitcoin's multi-chain twin on the Internet Computer, facilitating direct, secure Bitcoin transactions.
🔸Transactions happen directly between the Bitcoin and Internet Computer networks without needing bridges or custodians. Image
How Does ckBTC Work?

🔹Uses advanced threshold cryptography for secure and decentralized transactions between Bitcoin and the Internet Computer.
🔸Smart contracts on the Internet Computer can interact with the Bitcoin network without intermediaries. Image
Read 8 tweets
Mar 7, 2024
Progress Update: @NervosNetwork (@ckbcell)

🔹In the past few months, the $CKB Ecosystem has introduced BTCKB, a Bitcoin Layer 2 which is based on the RGB++ architecture.
🔸But what does RGB++ mean, how does it work, and what sort of benefits does it have?

Let's dive in! Image
What Sparks the Evolution of Bitcoin's Layer 2 Solutions?

🔹RGB++ introduces smart contract capabilities to Bitcoin, addressing the need for more complex applications on the network.
🔸It aims to overcome Bitcoin’s scripting limitations, offering expanded functionalities for asset management.Image
How Does the UTXO Model Transform Bitcoin's Transaction Landscape?

🔹UTXO model is distinct from Ethereum’s account model, offering a unique approach to transaction representation and security in Bitcoin.
🔸Represents tokens in a manner akin to physical cash, allowing for secure and specific transaction outputs.Image
Read 7 tweets
Jun 12, 2023
What is Adaptive State Sharding by @MultiversX?

🔹Sharding helps scale network operations by allowing for the partitioning of states and transactions.
🔸Sharding can increase network throughput as the number of validators grows. This is known as horizontal scaling.

$EGLD Image
How does Adaptive State Sharding work?

🔹Regular reshuffling of nodes between shards at the end of each epoch to prevent collusion. Only a subset of nodes is redistributed to avoid system downtime
🔸The reshuffling process is unpredictable and uniform across shards.

$EGLD Image
What are the benefits of Adaptive State Sharding?

🔸Sharding may significantly reduce transaction fees, one of the main barriers to blockchain technology adoption.
🔹Shards are always as balanced as possible, allowing the system to adapt to any network changes effectively

$EGLD Image
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(