The Firo (FIRO) cryptocurrency ecosystem is designed to provide users with privacy by utilizing blockchain technology. The platform incorporates various technologies such as Dandelion++, Lelantus, and Lelantus Spark to ensure secure on-chain transactions with high anonymity. In traditional financial systems, intermediaries hold significant power, limiting individuals' control over their assets. Bitcoin was created to offer decentralized features, but it lacked privacy. Firo was developed to address this issue and provide trustless protocols that enhance user utility while preserving privacy in the crypto industry.

The Firo (FIRO) cryptocurrency ecosystem is designed to prioritize user privacy by utilizing blockchain technology. The platform incorporates various technologies such as Lelantus Spark, Lelantus, Sigma, and MTP to ensure secure on-chain transactions with high anonymity. Lelantus Spark makes transactions unsearchable on the blockchain, increases security, and secures the platform from scams like 51 percent attacks. Lelantus allows users to burn their tokens to hide them in the anonymity pool and break the links with the transaction chain. Sigma eliminates the requirement of a trusted setup in the system and makes the process completely decentralized. MTP is a mining algorithm used by the platform to democratize mining and increase the safety and fairness of the platform.

In the FIRO cryptocurrency ecosystem, the native utility token is FIRO, which can be used for mining the cryptocurrency. Users are rewarded with FIRO tokens only, and to function as a masternode, they must keep 1000 FIROs as collateral. Masternodes receive 35 percent of the total block reward, while 50 percent goes to miners and 15 percent is allocated for protocol development. Additionally, the platform enables users to create their own privacy-enabled tokens that are linked with private stablecoins from other chains.