Iron Fish launches its first public testnet phase—anyone can now run and mine a full Iron Fish node. Iron Fish is a privacy-first cryptocurrency that anyone can use, without compromising on privacy or usability. Incentivized testnet will be announced at a future date.
Iron Fish is a brand new cryptocurrency that protects every single transaction, using zk-SNARKs and the Sapling protocol (learn more in whitepaper). Anyone can run a node and contribute to codebase. As we continue to add features, Iron Fish will become a shielded layer for many assets, even ones on different chains, and provide a platform for true digital cash—the full realization of Satoshi’s vision.
In future iterations, you will be able to run Iron Fish directly in the browser: no installs, no messing with router settings, no installing arcane dependencies. For now, Iron Fish is a CLI tool, designed to be intuitive and easy to use. 🌈
Why focus on a fully private, accessible currency? Cash is disappearing, and we still have no digital cash alternative.
To date, most cryptocurrencies provide the least private way of transacting, permanently saving all transactions in plaintext for the world to see. Privacy is even considered controversial, and yet privacy is critical for innovation, open communication, and social evolution. Most importantly, your entire life happens online (shopping, meetings, birthdays, and now even funerals)—with all your data logged, analyzed, and sold. Privacy protects you.
In 2021 it is apparent that people’s relationship with privacy is changing. Signal installs skyrocketed 4,200% after Whatsapp announced it would force users to share personal data with Facebook. ProtonMail saw a 3x rise in usage. DuckDuckGo’s growth has become exponential.
As cash continues to disappear, crypto will only become a viable alternative to traditional banking if we truly embrace privacy.
Interested in participating? Check out Discord on how to get started with Iron Fish today and for future announcements, as well as careers page for full-time positions. Incentivized testnet will be announced at a future date.
See you on the Iron Fish network!