Iron Fish is a Layer 1 blockchain that uses PoW as their consensus mechanism, and is accompanied by zero-knowledge proofs.
I actually like that you are able to easily set up a desktop node by downloading their Node App, however users are still unable to bridge assets over into the Node Wallet, with the feature coming soon. Hence right now the wallet is used purely for their token, $IRON.
Their token distribution looks fairly healthy, as over 80% of rewards are allocated for mining and only about 11% are allocated for Foundation/Labs/Team members.
They also mentioned in their FAQ that they are unable to have a public roadmap due to being a US company, which surprised me. As I am not based in the US, I am not sure if this is true, but I believe having a roadmap is crucial to keep users updated on features, as well as to keep the team accountable on hitting their planned target launches.
With privacy coins gaining a lot of scrutiny in the recent months, it would be interesting to see how IronFish works around the pressing regulatory issues across wash-trading, illegal financing and regulatory compliance. Show Less
