Exchange IronFish (IRON) at the Best Rates

Iron Fish: Privacy Coin Like No Other

There are several private coins on the market, and some of these have gained extensive popularity.     However, other startups have come up with the concept of untraceable assets. Existing privacy coins are often limited in privacy, accessibility, or both. However, a project called Iron Fish aims to overcome these difficulties. Iron Fish was founded in 2018 by Elena Nadolinski, a former software developer for Airbnb and Microsoft. The project is focused on accessibility and censorship resistance. Let’s take a closer look at Iron Fish crypto and its features.

What Is Iron Fish?

The project’s name derives from the US Navajo Code Talkers origins: they used the moniker Iron Fish as a codename for a submarine during World War II. It's a reference to the defensive and protective capabilities of cryptography.

Iron Fish has launched its mainnet after a couple of years in development. Iron Fish is a Layer-1 chain based on a Proof-of-Work consensus mechanism. Every Iron Fish transaction has zero-knowledge proof (ZKP) and is encrypted to conceal important user information such as the sender, recipient, and transaction amount. A viewing key, a public key, and a private key are included with every Iron Fish wallet. This view key can be distributed, allowing the wallet's inventor to disclose their transaction history.

In the context of a blockchain, Iron Fish also makes use of Zcash's Sapling protocol for building and confirming shielded transactions. The bearer of these ‘view keys’ has read-only access to all activities connected to that particular account. Virtual Asset Service Providers (VASPs) can more easily comply with the FATF rule (Travel Rule) by keeping a record of the information pertaining to the cause behind transfers thanks to Iron Fish's support for encrypted note fields. Moreover, Iron Fish offers a multi-asset feature that lets Iron Fish comprehend different assets, allowing a bridge operator to bridge assets across from other chains onto Iron Fish, making Iron Fish a privacy platform for such assets.

The cryptocurrency for the Iron Fish network is called $IRON. It is used as the network's reward for miners as well as a means of trade and money for transaction fees. 

Iron Fish: Features

Iron Fish has a number of features, including:

• Privacy. By using zero-knowledge proofs (zk-SNARKs) for encryption, the Layer 1 blockchain allows users to regulate who has access to transaction data through the use of transaction decryption keys or account view keys. Iron Fish is being developed by the business to serve as a blockchain's SSL layer.

• Usability. Both developers and users will find Iron Fish to be intuitive and easy to navigate. The business is developing a suite of tools that will enable customers to run and exchange $IRON across various platforms.

• Decentralized: Users can establish wallets, operate their nodes, and mine $IRON on the Iron Fish PoW chain.

• Regulatory compliance. An exchange or financial institution can view an audit of the accounts they oversee and adhere to AML requirements thanks to a set of view keys that are included with Iron Fish accounts.

Iron Fish News

The Iron Fish Mainnet launched on April 20, 2023. Since then, Iron Fish has been actively developing new features, and it’s recently switched to the FishHash mining algorithm. Not only that, but on April 2nd, it also went through a hard fork.

Iron Fish Coin Price Predictions

Various price prediction websites, such as DigitalCoinPrice, believe that by 2030 Iron Fish coin is going to cost more than it does now: $13.63 at its peak. By 2033, the crypto’s price is going to go over $30 per coin. Meanwhile, PricePrediction crypto analysts think that IRON coin will do even better: they promise that by 2030, the asset is going to cost $26.56 at its peak, while by 2033 it will get closer to $100 and reach $82.63 at its highest point. They also believe that in 2040 $IRON is going to reach a whopping $1,439 per coin at its maximum.

Where to Buy Iron Fish Crypto?

StealthEX is here to help you buy $IRON crypto. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps:

1. Choose the pair and the amount you want to exchange — for instance, BTC to IRON. 

2. Press the “Start exchange” button.

3. Provide the recipient address to transfer your crypto to.

4. Process the transaction.

5. Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.