Zano Monthly Project Update #2 - November 2024

Welcome zAnons to the Second Zano Project Update!
The main highlight of November was our participation in Monerotopia. It was fantastic to meet many of you there and introduce new folks to the Zano ecosystem. We're excited about the interest shown not only in using but also in building on Zano. Let's dive into this and more!

Community Member of the Month

First, big congrats to Monero Matteo for earning November's award! His insights on Zano and his enthusiasm have been invaluable. His latest entry in our #BuildWithZano contest stood out, earning him first place and the exclusive alias @Matt! We are fortunate to have him in the community and appreciate the creativity and dedication he puts towards Zano. Well done, Matteo!

Zano Fact  #1: Did you know? Ionic Swaps are an improvement of atomic swaps, unlike them, which can be abandoned by only one party, Ionic Swaps allow both parties to back out at any time in the event of price fluctuations, now it's fair!

Monerotopia Recap

The MoneroTopia conference took place from Nov 14th-17th and has been a blast!

Key Insights

• The first $ZANO transaction within Cake Wallet has been a success, and it'll soon be available to everyone; a build has been released internally for testing purposes.
• Onboarded 50+ new Zano users by gifting them 1 $ZANO after they installed the mobile wallet.
• Aaron Day has announced the launch of the gold-backed private stablecoin Kaurma on Zano's blockchain. (More on this in a minute!).
• Valeriy (Sowle) gave a presentation deep diving into Zano's Confidential Assets implementation.
• We launched Zano Matrix Messenger internally; the public release is next.
• Many new partnerships and integrations are being looked into due to many conversations at the conference.
• Productive talks with @AaronRDay & @EileenDay1098 to talk about decentralizing the dev fund.
• Several developers have expressed interest in delving deeper into Zano's codebase.
• We've been contacted by potential investors looking to enhance their understanding of Zano. One investor was particularly thorough, coming to the booth prepared with a document filled with questions, which was quite impressive!
• We distributed physical copies of @TheVladCostea's latest magazine, which features an article on Zano alongside other fascinating privacy projects. Check it out here.

Overall, Monerotopia is one of the places to meet with both the greatest minds and most passionate people in the privacy space; if you weren't able to attend, don't miss out on next year!

Secure Your Wealth with Kaurma: The Future of Gold-Backed Digital Currency

During MoneroTopia, Aaron Day announced that he is planning to launch a gold-backed stablecoin on Zano. Let's dive into Kaurma a bit more!

Introducing Kaurma, a revolutionary privacy stablecoin launching on Zano in 2025. Each token is fully backed by physical gold and stored in a distributed network of secure vaults across multiple jurisdictions. Unlike traditional stablecoins, Kaurma combines the stability of gold with blockchain privacy features - and yes, you can redeem your tokens for physical gold whenever you choose.

Early adopters can capitalize on the growing demand for privacy-focused, gold-backed digital assets. Don't miss the opportunity to be part of the future of decentralized finance.

Follow @kaurmahq to stay up on developments.

Integrations

• NoOnes announced they plan to integrate Zano into their non-KYC platform with 2 million users.
• StealthEX announced they'll integrate Zano.
• SimpleSwap announced they'll integrate Zano.
• Rabid-Rabbit exchange listed Zano.

Zano Fact  #2: Did you know? Most people pay for goods and services in stablecoins when it comes to crypto, Zano aims to be a practical digital cash platform and a base for other projects, supporting the creation of privacy-stablecoins on our blockchain!

Technical goodies

Core Updates:

• Dynamic Fees Research: Initiated research to implement dynamic fee structures for transactions, ensuring better scalability and user experience.
• Consensus Proposal Review: Actively working on gathering peer reviews for the proposed consensus updates.

Password and Seed Phrase Security:

• Updated rules for password entry to enhance security for wallets and seed phrases.
• Fixed a rare issue in seed phrase generation where a seed phrase for auditable wallets (with a probability of 1/1626) could lose its auditable flag.
• Memory Leak Fix: Resolved a crash-on-exit issue in simplewallet caused by a memory leak.
• Build Release: Released Build 367, with the pre-download file updated to height 2892700.

Improvements:

• Core and Unit Tests: Enhanced the quality and coverage of core tests and unit tests, improving reliability across the board.
• Zano Trade Fixes: Addressed and resolved several issues related to trading functionality.

User-Facing Features:

• Matrix Server (Backend): Successfully set up the backend for the Matrix server, a key step in decentralized communication.
• Matrix Messenger Frontend: Progressed with the front-end development for the Matrix messenger. (internal alpha now, public beta in December)
• Zano Companion Extension: Released the Zano Companion Extension v1.0.9, introducing key updates and optimizations.

Mobile Development:

• Implemented various fixes and optimizations to improve the mobile user experience.

Released Media

• Vlad's Privacy Magazine has been released with a Zano-dedicated article about Confidential Assets.
• A new introduction page has been released to smoothen the onboarding process for new users: https://intro.zano.org/.
• Some interviews have been recorded at the MoneroTopia conference and will be published by third parties in the following weeks.
• An op-ed article by Pavel has been posted by Cointelegraph: "Privacy is the ultimate shield against blockchain vultures."
• CoinGecko published a research article in which Zano is shown as one of the top layer-1 ecosystems with the most significant growth.

Zano Fact  #3: Did you know? Zano will be the first working privacy blockchain integrated in Confidential Layer. This means liquidity will first flow from numerous public blockchains to Zano as people upgrade their favourite assets to Zano Confidential Assets.

Zano Around the World

Zano Africa
Our African Ambassador, Lil King, recently joined DeFi Africa for an insightful session on privacy in crypto. The discussion explored why privacy is the missing ingredient in mainstream adoption and its importance in safeguarding our digital lives.
Thanks to DeFiAfrica for hosting this impactful conversation!

Zano Turkey
This month, we completed our collaboration with the Ody Crypto team to increase the awareness of Zano in our country and bring more users to the project. Many people joined the Zano Turkey community, and our Telegram group became more active. Our engagement on social media platforms such as Instagram and Twitter has reached a higher level than in previous months and continues to increase.

Zano France
Our Zano ambassador launched the Zano France Instagram page this week and collaborated with BeFreeshCrypto, who wrote many posts and threads promoting Zano. Mining Tk, impressed by the algorithm, started mining Zano. Soon, an AMA with BeFreesh on @WenTv.io.

Zano Latam/Spain
Since the Spanish community started, We've actively managed an X account, connecting Zano with crypto KOLs in that language. We've reached new people, and creators now know about us. We are now planning the next chapter, testing KOL collaborations and hosting AMAs.

Miscellaneous

• A new roadmap with multiple new items has been published.
• We launched a leveling system on Discord where active community members get rewarded.
• A Raids channel has been introduced to improve our engagement on Twitter.

Conclusion

Our participation at Monerotopia was a success, significantly boosting Zano's visibility. It was amazing to be part of the first $ZANO transaction via Cake Wallet, new user onboarding, and the announcement of the first stablecoin built on Zano. The community's enthusiasm continues to fuel our growth; it's thanks to all these combined efforts that private digital cash for the masses will be made possible.‌‌‌‌ Thank you, zAnons, for reading. It's been another great month, and we'll see you next month!