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Ionic Swap GUI Guide and New FAQ#15

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Ionic Swap GUI Guide and New FAQ#15
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@Gonbatfire Gonbatfire commented Feb 3, 2026

FAQ was revamped as well, answers written by Quinten, Ronne and Me

Below is an AI-gen comparison for easier review, excluding minor fixes such as typos punctuation and stuff.

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FAQ Diff

Summary: 🔴 1 removed | 🟢 22 added | 🟡 7 modified | ⚪ 10 unchanged

The new file adds a Table of Contents at the top and organizes all questions into 6 sections:

  • Beginner Questions
  • Privacy Technologies
  • Tokenomics & Trust
  • Cross-Chain Bridging
  • Dealing with Misuse & Bad Actors
  • Troubleshooting

The old file had a flat list of questions with no sections or TOC.


Beginner Questions


🟡 What is Zano?

- ### What is Zano?
+ ### What is Zano, and how is it different from other cryptocurrencies?

Zano is an open-source layer-1 blockchain where every transaction is private by default. Amounts, addresses, and even asset types are hidden, enforced at the protocol level, not opt-in. You can send funds, stake, issue your own tokens, trade peer-to-peer, and build apps on Zano.

+ **Key characteristics:**
+
+ - **Privacy protocol**, all transactions are private by default, enforced at the protocol level.
+ - **Hybrid consensus algorithm**, makes the cost of a double-spend attack extremely high.
+ - **Platform for dApps**, infrastructure for building decentralized applications.
+ - **Confidential Assets**, create and manage private tokens on the Zano blockchain.
+
+ **Two main use cases:**
+
+ 1. Peer-to-peer private transactions.
+ 2. An ecosystem with infrastructure for dApps and assets to build on.

🟢 Is Zano like Ethereum?

+ Zano is not an EVM chain since it lacks smart contracts; we prioritize default privacy instead.
+ Smart contracts, which require publicly verifiable code and execution, conflict with privacy,
+ implementing private smart contracts demands complex solutions, introducing potential risks.
+
+ This doesn't mean Zano lacks "smart" functionality, many of the use cases typically associated
+ with smart contracts can actually be achieved without them. For example, Zano supports the
+ creation and management of tokens (Confidential Assets) and enables private trading through a
+ built-in decentralized exchange (DEX).
+
+ Zano is more limited in terms of how programmable assets are, but the flip side is that it
+ protects your privacy. Consider it a trade-off.

🟢 Is Zano like Monero? What makes it different?

+ Zano and Monero share common roots in the CryptoNote protocol, and use similar core privacy
+ primitives. But **Zano is not a fork of Monero**. Our co-founder, Andrey Sabelnikov, was the
+ lead developer who built the original CryptoNote codebase alongside its creator, Nicholas van
+ Saberhagen. That codebase became the foundation for over 300 projects, Monero among them.
+
+ The biggest difference is in scope. Monero focuses on being private peer-to-peer digital cash.
+ Zano is building a platform with a wider set of tools, including user-creatable privacy tokens,
+ on-chain identity, and decentralized trading, all protected by the same privacy guarantees at
+ the base layer.
+
+ On the consensus side, Zano runs a hybrid PoW/PoS model instead of Monero's pure PoW. This
+ makes the network harder to attack, since a bad actor would need to control both hash power and
+ staked coins. It also gives us faster block times (1 minute vs. Monero's 2 minutes) and shorter
+ lock-up periods (10 minutes vs. 20).

🟡 Where can I store my Zano? → How do I set up a Zano wallet?

- ### Where can I store my Zano?
-
- [Wallets where Zano is available](https://zano.org/downloads) (Mobile & Desktop)

+ ### How do I set up a Zano wallet?
+
+ 1. Go to the Apple/Play store or download from zano.org/downloads.
+ 2. Create a wallet by following the steps in the app.
+ 3. Store your keys in a safe place.
+
+ **Mobile wallet** is ideal for everyday transactions on the go. **Desktop wallet** runs a full
+ local node, required for staking and offers the most complete feature set. See the desktop
+ wallet guide for a detailed walkthrough.
+
+ See all compatible wallets: zano.org/wallets

🟡 How can I get Zano coins? → Where can I trade Zano?

- ### How can I get Zano coins?
-
- You can mine coins and stake them to increase your balance or trade coins on cryptocurrency
- exchanges, including our own DEX.
-
- [List of exchanges that currently list Zano](https://zano.org/ecosystem/exchanges)

+ ### Where can I trade Zano?
+
+ See all places where you can trade Zano: [zano.org/exchanges](https://zano.org/exchanges)
+
+ You can also mine coins and stake them to increase your balance, or trade directly on our
+ built-in DEX.

🟢 Are there private stablecoins on Zano?

+ Yes. Zano's Confidential Assets technology enables private stablecoins to be built on the
+ network. One example is fUSD (Freedom Dollar), the first private stablecoin launched on Zano.
+ It's backed by Zano and overcollateralized, check the current ratio at
+ freedomdollar.com/how-it-works. All the Zano that is swapped into fUSD goes straight to
+ collateral reserves, and this amount is also being staked, increasing the reserve every day.

🟢 Can I stake Zano on mobile or just desktop?

+ Zano staking is done through the desktop wallet only, since it requires running a full local
+ node, which is currently unfeasible on mobile devices.

🟢 What is the Zano DEX and what are the advantages over a CEX?

+ The Zano Trade DEX (Decentralized Exchange) is a platform for trading Zano and Confidential
+ Assets within the Zano ecosystem, offering peer-to-peer trading without custodial risks. It
+ leverages Ionic Swaps to maintain privacy during trades.
+
+ - **Decentralized:** No central authority controls the exchange.
+ - **Privacy:** Trades are conducted with confidentiality through Ionic Swaps.
+ - **Non-custodial:** Users retain control of their funds.
+ - **Peer-to-peer:** Direct trading between users.
+
+ Learn more: Zano Trade

🟢 What is the most important feature that Zano has over other privacy projects?

+ Confidential Assets are a key feature because they allow users to create their own private
+ tokens on the Zano blockchain, secured by the same privacy mechanisms as Zano itself. This
+ opens up possibilities for private dApps and tokenized assets.

🟡 What are Confidential Assets?

- ### What are Confidential Assets?
+ ### What are Confidential Assets and how are they used on Zano?

Anyone can easily issue user-creatable currencies and digital tokens on the Zano chain. Such assets are secured by the same mechanisms that make Zano so much more secure than first-generation cryptocurrencies, namely hidden addresses and hidden amounts. This unique technology can be used to create private stablecoins, shielded versions of existing assets, and much more, without the overhead of having to create, manage, and secure your own blockchain.

+ **Projects built on or integrating Zano Confidential Assets include:**
+
+ - Confidential Layer, Bridge between transparent and privacy blockchains
+ - Freedom Dollar, Private USD stablecoin collateralized with ZANO
+ - Obscura, Mint private NFTs on Zano

🟡 What is an alias and how does it work?

- All Zano network users can create aliases, for example: @username. These aliases provide a
- short, easy-to-remember name rather than a long string of characters that form a blockchain
- address. To send coins to an alias, simply type it in the address field starting with @,
- wallets will automatically detect it.
+ All Zano network users can create [aliases](/docs/use/aliases), for example: @username. These
+ aliases provide a short, easy-to-remember name rather than a long string of characters that
+ form a blockchain address. To send coins to an alias, simply type it in the address field
+ starting with @, and wallets will automatically detect it.
- Aliases will be used in a dedicated messenger, a user reputation service, and an alias-based
- authentication system that can connect to the dApps running on Zano's ecosystem.
+ Zano dApps can use alias-based authentication, as [Zano Matrix](/docs/use/zano-matrix-guide),
+ a private dedicated messenger, already does. Aliases will also be integrated into a user
+ reputation service.

🔴 What are Escrow Contracts?

With Zano's Escrow Contracts, users can create fully customizable contracts, which essentially allow for any agreement conditions to be followed by all parties in a trustless way without any intermediary involvement. When using escrow contracts, a deposit is required from all parties involved, which they will forfeit if there is any attempt to act maliciously, peer-to-peer settlements in its purest form.


🟡 What are Auditable Wallets?

Moved to Privacy Technologies section, rewritten:

- ### What are Auditable Wallets?
-
- Auditable wallets allow people and organizations to create transparent wallets for situations
- where a third party would rather verify than trust. Creating auditable wallets doesn't affect
- the privacy of the Zano network in any way. We use this feature for our foundation fund.

+ ### Can I create auditable wallets on Zano for transparency when needed?
+
+ Yes, Zano supports auditable wallets, which allow people and organizations to create
+ transparent wallets for situations where a third party would rather verify than trust. You can
+ share your wallet's transaction history and balance with others without granting them spending
+ ability. Creating auditable wallets doesn't affect the privacy of the Zano network in any way.
+ We use this feature for our foundation fund.
+
+ Learn how to set one up: [Auditable Wallets](/docs/use/auditable-wallets)

Privacy Technologies (new section)


🟡 How does Zano achieve privacy?

- ### How does Zano achieve privacy?
+ ### How are Zano transactions kept private by default?

Zano leverages the proven and time-tested cryptographic primitives that were first introduced with CryptoNote, a protocol of which one of our founders was a lead-dev for, origin for over 300 forks and used by the biggest private cryptocurrencies.

Our Implementation boils down to:

- - **d/v-CLSAG Ring Signatures** that hide the sender.
+ - **d/v-CLSAG Ring Signatures** make transactions between Zano network members untraceable.

- - **Stealth addresses** that hide the receiver and asset type being transacted.
+ - **Stealth Addresses** conceal sending and receiving addresses.
  • Pedersen Commitments hide amounts/balances, the asset type being transacted, and facilitate private staking (Zarcanum).

This makes sure that by default, transaction data stored on the blockchain is only accessible by parties who authorized the transactions, none of it is ever publicly published.


🟢 What makes Zano more private than Bitcoin or Ethereum?

+ Zano achieves greater privacy through the use of Ring Signatures, Stealth Addresses, and
+ Pedersen Commitments. These features conceal transaction origins, destinations, and amounts.
+ Unlike Bitcoin and Ethereum, where this information is publicly available on-chain, Zano hides
+ it by default.

🟢 What are stealth addresses and how do they protect my identity on Zano?

+ Stealth Addresses create random one-time addresses for every transaction on behalf of the
+ recipient. The recipient can publish just one address, yet have all their incoming payments go
+ to unique addresses on the blockchain, where they cannot be linked back to either the
+ recipient's published address or any other transaction's addresses. By using stealth addresses,
+ only the sender and receiver can determine where a payment was sent.

🟢 How do ring signatures work in Zano to obscure the sender?

+ A Ring Signature is a type of digital signature that can be performed by any member of a group
+ of users who each have a key. Therefore, a message signed with a ring signature is endorsed by
+ someone in a particular group of people (senders). It should be computationally infeasible to
+ determine *which* of the group members' keys was used to produce the signature, and therefore,
+ who actually is the sender.

🟢 Does Zano's privacy slow down transactions or increase fees?

+ Privacy in general incurs higher complexity and therefore impacts the size of transactions.
+ However, when comparing a regular Zano transaction (private by default) to a private Bitcoin
+ transaction (CoinJoin), a regular Zano transaction is vastly simpler, therefore lighter and
+ cheaper.

🟢 Why is Zano's on-chain privacy better than using privacy add-ons or mixers on other chains?

+ When privacy isn't built into the base layer from the start and instead depends on opt-in,
+ add-on solutions, the result is a cumbersome user experience. And in the privacy space, where
+ even a small mistake can be catastrophic, that approach almost always ends poorly.
+
+ On Zano, you don't need to be an expert to enjoy instant privacy, simply using the network is
+ enough. Everything is built so you don't have to worry, and this comes with an added benefit:
+ true *fungibility*. Every asset you receive is just as private and indistinguishable as any
+ other.

🟢 What is fungibility, and why is it important?

+ Fungibility is one of the basic properties of money, it means that any unit is replaceable by
+ another identical one; mutually interchangeable. Just like when you lend someone a $100 bill
+ and they return a different $100 bill, it makes no difference.
+
+ Without fungibility, money systems quickly become impractical, and the same holds true in the
+ digital realm. In first-generation public blockchains, every coin (or output) carries its full
+ transaction history, making them traceable. This leads to issues such as:
+
+ - Exchanges freezing your funds because a coin you received has a "suspicious" origin
+   (something you had no way of knowing).
+ - Merchants refusing your payment because they don't like the history attached to it.
+ - Uncertainty about the actual value of your funds, since past transactions can affect how
+   they're perceived.
+
+ But if someone accepts ZANO or its Confidential Assets, you don't have to worry about this.
+ All Zano assets are treated equally thanks to not having a public transaction history in the
+ first place, improving user experience while maximizing security.

Tokenomics & Trust (new section)


🟢 Was Zano pre-mined, and how was it structured?

+ Yes, the premine consisted of 3.6M ZANO; it was set aside for ongoing project expenses,
+ marketing, partnerships, and to pay a loan to fund initial development back in 2018.
+
+ As of July 2025, considering what has already been spent for development, the foundation fund
+ sits at just ~4.4% of the total ZANO supply.
+
+ You can track the amount of the foundation fund via our explorer or by importing its tracking
+ seed into your wallet:
+
+ `aZxat4HAWriVQ3enkGcVsrZRdMseAJswG3CSEwTqZS246VsFQ53w26eZstYsu1jWE74Atz9ajLxFnBsVTafnc
+ WNH5SMv4zHFaTS:1780c4d5dd7e97cc4a75ea8baa7977d12ef948b9a6dddc2a9a37e5e22ac7180e:1599495055`
+
+ Read more about why we took this decision and our future plans for Zano's funding here.

🟢 How is the project funded if there was no ICO or VC backing?

+ The project is funded through the premine described above. Unlike Bitcoin and Monero, which
+ have benefited from substantial community donations, most cryptocurrencies struggle to secure
+ funding through donations alone. Boolberry, the team's previous project, had just a 1% dev-tax
+ and no premine, it was impossible to sustain development, as donations weren't enough given the
+ extremely small community.
+
+ A premine was seen as a necessary step to ensure that Zano has the resources needed to grow,
+ innovate, and maintain a dedicated team.

🟢 Can the Zano team dump on the market, or are their funds locked?

+ No funds are locked; however, all foundation fund transactions are public, and as of July 2025,
+ the fund represents less than 5% of the total supply.

🟢 How does Zano ensure decentralization if the devs hold some supply?

+ Besides the fact that the foundation fund sits below 5% of the supply, Proof of Stake
+ incentives ensure that all holders remain honest, if they were to harm the network, they would
+ be attacking their own investment.

🟢 Is there a public breakdown of the ZANO token distribution?

+ No. Zano is a private-by-default blockchain and all balances remain hidden.

🟢 Why should I trust a project that had a pre-mine?

+ The decision to proceed with a premine was rooted in the team's previous experiences and the
+ broader crypto landscape. Unlike Bitcoin and Monero, which have benefited from substantial
+ community donations, most cryptocurrencies struggle to secure funding through this method alone.
+
+ A premine was seen as a necessary step to ensure that Zano has the resources needed to grow,
+ innovate, and maintain a dedicated team.
+
+ Read more about our future plans for Zano's funding here.

🟢 What steps has Zano taken to build trust and transparency with the community?

+ Beyond making the foundation fund wallet publicly accessible and publishing monthly project
+ updates, Zano is also exploring ways to further decentralize its development fund. One
+ promising approach under consideration is implementing multisig wallets, where control over
+ funds is shared across multiple keys, including community members or other trusted parties.

Cross-Chain Bridging (new section)


🟢 Can I bridge assets like BTC or ETH to Zano?

+ Yes. Zano supports cross-chain bridging, allowing users to move assets from other blockchains
+ into the Zano ecosystem and benefit from its privacy features. One of the bridges that has
+ integrated Zano is Confidential Layer, a protocol built on the Bridgeless L1 blockchain that
+ enables seamless, decentralized, and non-custodial bridging between various blockchains (like
+ Ethereum and Bitcoin) and privacy chains like Zano. It allows users to move assets like BTC,
+ BCH, and EVM tokens into privacy-focused environments.
+
+ This means users can upgrade their favorite crypto assets with the privacy and security of the
+ Zano blockchain, bringing massive utility to Zano's ecosystem.

🟢 What do I receive when using the Confidential Layer bridge?

+ When bridging an asset to Zano using Confidential Layer, you receive its decentralized wrapped
+ version on the Zano blockchain. This asset is trustlessly pegged 1:1 and doesn't rely on a
+ third-party custodian, it's secured by a network of validators.

🟢 How does Confidential Layer increase privacy? How is it different from mixers?

+ It adds to bridged assets the same technologies used by native Zano.
+
+ Unlike mixers, which obscure your transaction flow at a certain point (and you still need to
+ watch your steps after), Confidential Layer cryptographically hides your balance, the data is
+ never visible in the first place.

🟢 How are the wrapped assets stored?

+ In Zano wallets, both the official wallet and multicoin wallets like Edge, Cake Wallet, and
+ Bitcoin.com.

🟢 How does unwrapping work?

+ By sending the wrapped coins back to the protocol, you retrieve the locked original asset at
+ any time. No KYC required.

🟢 Is there a fee involved in wrapping/unwrapping?

+ Currently set at 0.1%, plus regular transaction fees.

🟢 Is there a custodian involved, like with WBTC?

+ No. The entire protocol is decentralized and non-custodial, no central third party holds your
+ assets at any point.

Dealing with Misuse & Bad Actors (new section)


🟢 What does Zano do to prevent bad actors from abusing its privacy features?

+ Zano is built as a truly permissionless network, no member of the development team or anyone
+ else can prevent others from using its features. This ensures that every user has equal access,
+ regardless of who they are or where they come from. We firmly believe this is the core ethos of
+ cryptocurrency. If a network isn't open and resistant to control or censorship, then calling it
+ decentralized has little meaning.

🟢 How do privacy coins like Zano balance user freedom with responsibility?

+ Every user is responsible for their own actions, the network doesn't judge anyone.

🟢 What would Zano say to regulators or critics who claim privacy coins are only for criminals?

+ We affirm that **privacy is a fundamental human right** (UDHR, 1948) and applies online as
+ well as offline (UN Human Rights Council, 2013). It is the foundation of freedom, dignity, and
+ self-determination in an increasingly digital world. Without privacy, individuals cannot fully
+ exercise other rights such as freedom of expression, freedom of association, or the right to
+ participate in society without coercion or surveillance.
+
+ In the realm of money and communication, privacy is not a privilege but a necessity. It
+ protects individuals from unjust discrimination, economic exclusion, and authoritarian control.
+ Just as we expect confidentiality in our personal lives, our medical records, or our votes, we
+ must demand the same for our digital interactions and financial transactions.

🟢 Is there a way to track or flag suspicious activity on Zano's blockchain?

+ No. Zano is built precisely so you can't distinguish one transaction from another.

🟢 How does Zano differentiate between protecting user rights and enabling bad behavior?

+ Zano is designed as a **decentralized, permissionless network**, which means it does not (and
+ cannot) make judgments about who uses it or for what purpose. Just as the internet itself does
+ not distinguish between "good" and "bad" traffic, a truly decentralized financial system must
+ remain neutral.

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Thanks for this! A few things to address before merging:

Screenshots scope
All 5 screenshots are from the desktop app, but the text references both desktop and mobile in several places ("Desktop and Mobile apps", "desktop only" for expiration, the "+" button, whitelisting links for both). If this guide covers both platforms, we need mobile screenshots too. If it's desktop-only, that's fine — but we should remove the mobile references and create a separate mobile guide later.

UI label mismatches (comparing text vs desktop screenshots)

  • "P2P Swap button" → the UI shows a Swap tab, not a "P2P Swap" button
  • "Send" → UI label is Sending
  • "Address" → UI label is Receiver address
  • "Receive" → UI label is Receiving

Other fixes

  • "On going swap" (last image caption) → Ongoing swap
  • Step 2 in Accept section: "Select Confirm Swap or Accept Swap" — the desktop UI only shows Confirm Swap. If "Accept Swap" is the mobile label, clarify that.
  • After accepting a proposal, add a sentence about what happens next (the swap processes on-chain and you'll see a "Blocks to unlock" progress indicator as shown in screenshot 2.7.2)
  • Consider mentioning the Copy button on the hex code screen (screenshot 2.7.4)

Let me know if this is meant to be desktop+mobile or desktop-only and we'll go from there.

claude and others added 4 commits February 22, 2026 13:47
Address PR review feedback: remove mobile references, correct UI labels
to match desktop app (Swap tab, Sending, Receiver address, Receiving),
fix Ongoing swap caption, clarify Confirm Swap flow, mention Copy button,
and add post-acceptance on-chain processing context.

https://claude.ai/code/session_01RKDSJY8V9SgppQxJDWMhQL
Make Ionic Swap guide desktop-only and fix UI labels
@Gonbatfire
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Yes the guide was intended to cover mobile and desktop, it's desktop only now.

Btw, on Mobile this feature is called P2P Swap, I think it should be called like that on Desktop as well. For now, I'll use the Desktop name in the guide.

@Gonbatfire Gonbatfire requested a review from PRavaga February 22, 2026 15:02
@Gonbatfire Gonbatfire changed the title Ionic Swap GUI Guide Ionic Swap GUI Guide and New FAQ Mar 24, 2026
@Gonbatfire
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FAQ was revamped, PR description updated @PRavaga

@PRavaga PRavaga merged commit ae737e0 into hyle-team:main Mar 25, 2026
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