Iron Fish: The Universal Privacy Layer For Crypto

2025-10-06 01:01:10

(MENAFN- GlobeNewsWire - Nasdaq) Singapore , Oct. 06, 2025 (GLOBE NEWSWIRE) -- In today's blockchain world, transparency comes at a cost: every transaction, wallet balance, and user action is visible to anyone, leaving individuals exposed to phishing, fraud, scams, and unintended market manipulation. Iron Fish was built to solve this. A universal privacy layer for crypto that delivers safety, accessibility, and true usability for mainstream adoption. As a proof-of-work Layer 1 blockchain launched in April 2023, Iron Fish leverages zero-knowledge proofs (ZKPs) to make all transactions private by default, while still enabling selective transparency through view keys for audits, compliance, and institutional trust.

Token Overview

Token name: Iron Fish
Token symbol: $IRON
Total supply: 61,120,917

Token Utilities
At the core of the Iron Fish network is $IRON, the native asset that powers the ecosystem:

Transaction Fees: Every transaction requires $IRON as a fee, securing the network and rewarding miners.

Mining Rewards: New $IRON tokens are issued as block rewards for proof-of-work miners who validate and secure the chain.

Custom Asset Settlement: $IRON acts as the base currency for minting, burning, and transferring custom private assets within the Iron Fish ecosystem.

Compliance & Auditing: With view keys, users and institutions can selectively reveal $IRON transaction details for tax, compliance, or reporting purposes - without compromising the network's privacy guarantees.

Project Ecosystem

Iron Fish is designed as a privacy-first infrastructure layer for Web3, supporting mainstream adoption and safe financial innovation. Its ecosystem includes:

Privacy Layer - Every transaction is private by default, validated by zk-SNARKs, protecting user data from public exposure and harmful MEV practices.

Custom Assets - Users can create and manage their own private tokens on Iron Fish, with minting, burning, and transferring functionalities, while enjoying the same anonymity pool as $IRON.

View Keys for Transparency - A unique feature enabling selective disclosures: institutions, auditors, or trusted third parties can verify balances and transactions without gaining control of funds.

Chain-Agnostic Design - Built to integrate with other ecosystems, Iron Fish provides a universal privacy layer that can plug into broader Web3 infrastructure.

Decentralized & Resilient - As a Layer 1 PoW chain, Iron Fish avoids reliance on centralized sequencers or relayers, ensuring censorship resistance and stronger decentralization than L2-based privacy solutions.

With privacy as its foundation, Iron Fish enables safer payroll, confidential transfers, institutional asset digitization, and compliance-friendly audits. By combining zero-knowledge cryptography, a robust L1 architecture, and chain-agnostic design, Iron Fish positions itself as the universal privacy layer for the future of crypto.

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About Coinstore

Accessibility. Security. Equity.

As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 10 million users worldwide, Coinstor e aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

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