comparison · Privacy coins
Firo vs Zcash
Both are listed in Privacy coins. The table below pulls directly from each service’s data sheet; see each entry for sourcing.
| Field | Firo | Zcash |
|---|---|---|
| KYC | no KYC | no KYC |
| Category | Privacy coins | Privacy coins |
| Jurisdiction | protocol — independent open source | protocol — Electric Coin Company and Zcash Foundation |
| Payment methods | crypto | crypto |
| Fiat on-ramp | no | no |
| Custodial | no | no |
| Open source | yes | yes |
| Founded | 2016 | 2016 |
| Last verified | Jan 1, 2026 | Jan 1, 2026 |
Firo — summary
Firo (formerly Zcoin) is the original Sigma / Lelantus / Spark protocol implementation.
- + Lelantus Spark provides zero-knowledge privacy without a trusted setup.
- + Independent research lineage (Lelantus, Spark) is well-published.
- − Smaller user base than XMR or ZEC.
- − Privacy is opt-in; anonymity set scales with shielded usage.
- − Facts need re-verification by operator (last seeded 2026-01).
Zcash — summary
Zcash has the strongest cryptographic privacy primitives in production but a smaller shielded anonymity set than Monero's mandatory-privacy model produces.
- + zk-SNARK shielded pool offers strong cryptographic privacy.
- + Active research program; introduced Halo recursive proofs and ongoing pool migrations.
- − Privacy is opt-in (shielded vs transparent addresses); the anonymity set has historically been smaller than Monero's.
- − The 2022 Sapling-to-Orchard pool migration changes the practical anonymity set you join.
- − Trusted setup ceremonies are part of the protocol's history; the current Halo/Halo2 model removes that requirement going forward.
When to choose which
Treat this section as heuristic. Privacy properties depend on how you use the service, not just which one you pick.
- Choose Firo if lelantus spark provides zero-knowledge privacy without a trusted setup..
- Choose Zcash if zk-snark shielded pool offers strong cryptographic privacy..
- Either way, re-check the entry’s last verified date — the Privacy coins category churns.
Mentioned in (combined)
Pages on the site that reference Firo, Zcash, or both.
Compared as of .