What is Noir

Article Summary, Automatically Generated By AI

Summary of Noir

  • NOIR (NOR) is a decentralized cryptocurrency that provides secure and untraceable payment services.
  • Based on Zerocoin protocol, NOIR offers anonymity and privacy to users when desired.
  • Completely community-governed, NOIR belongs to all who participate in shaping its future.
  • Next development steps: implementation of Sigma protocol and switch from PoW to PoS.
  • NOIR is a rebrand of Zoin and a fork of Zcoin (5 November 2016).
  • Figures: 5 November 2016

About Noir: Unveiling the Enigmatic

NOIR (NOR) is a decentralized cryptocurrency that purports to offer a secure and untraceable payment service, ensuring anonymity and privacy for its users when desired. Leveraging the cryptographic technology of the Zerocoin protocol, NOIR provides a veil of secrecy for its users. According to the team, NOIR operates under a decentralized governance model, where the community collectively shapes its future. The roadmap for NOIR’s development includes the integration of the Sigma protocol and a transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. Notably, NOIR is a rebrand of Zoin and a fork of Zcoin, which occurred on November 5, 2016.

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