What is Findora (FRA)?
FRA is the native token of Findora, which is a decentralized smart contract platform that focuses on the preservation of privacy. It aims to scale Ethereum’s privacy by using zero-knowledge proof technology that allows you to create a privacy dApp for any EVM chain with many possibilities.
This platform ensures complete confidentiality as identities and other information are encrypted. Only zero-knowledge data is validated on the chain. Thus, you can validate your transactions without revealing any private information.
If you care to see the life FRA price, take a look at the Findora price chart above.
Findora Technology
Findora X is the ultimate privacy solution for all smart contract platforms. Privacy was never scalable on Ethereum previously. With the help of Findora X, assets based on the Ethereum blockchain can now enjoy complete privacy and scalability.
Findora OG is the first zero-knowledge multi-asset confidential blockchain ever to exist. The idea was formed in 2018 and launched in 2021. This technology features an advanced cryptographic library called ZEI, which is responsible for maintaining the security and privacy of this platform. You can even issue NFTs privately without revealing wallet address information.
Moving on, Findora ZK is a layer-2 solution that aims to transform Ethereum into the world’s largest private transfer network. This technology is highly efficient and leverages Ethereum for consensus and validation. Findora ZK can validate not just a large number of private payments but also a large number of more sophisticated private computations through the ZK-Rollup technology.
Lastly, Findora CK is a solution that is proposed but is yet to become a reality. This allows organizations to issue credential tokens without revealing their identity. This is a great way for users to gain privileges and permissions without fearing that their identity will be at risk. Through this technology, you can prove ownership of NFTs without revealing your personal identity.
Findora Token
FRA plays an important role in the ecosystem of the Findora platform. This token serves as an incentive to encourage token owners to contribute to the ecosystem of the Findora platform. The more you participate in the activities of the ecosystem, the more FRA tokens you’ll be rewarded.
The way this works is that if you stake your FRA coins to contribute to the PoS system of the platform, you will be rewarded with FRA tokens in return.
Don't forget to check the Findora price chart. It features both – the current and the previous FRA price.
