|All Time High:|
|Market Cap: |
|The price of #XMY today is $0.0000280 USD.|
The lowest XMY price for this period was $0, the highest was $0.0000280, and the exact current price of one XMY crypto coin is $0.00002799.
The all-time high XMY coin price was $0.06.
Use our custom price calculator to see the hypothetical price of XMY with market cap of ETH or other crypto coins.
|The code for Myriad crypto currency is #XMY. |
Myriad is 9.7 years old.
|The current market capitalization for Myriad is $47,468.|
Myriad is ranking upwards to #1650 out of all coins, by market cap (and other factors).
|There is a weak volume of trading today on #XMY.|
Today's 24-hour trading volume across all exchanges for Myriad is $667.
|The circulating supply of XMY is 1,695,608,500 coins, which is 100% of the total coin supply.|
|XMY has limited pairings with other cryptocurrencies, but has at least 3 pairings and is listed on at least 2 crypto exchanges.|
View #XMY trading pairs and crypto exchanges that currently support #XMY purchase.
Aren’t all cryptocurrencies fairly distributed and mined?
When a cryptocurrency is sent the transaction is published to a distributed public ledger, where users are incentivised to verify transactions with their computer processing power in return for a cryptocurrency reward. Surprisingly most transaction verification for leading cryptocurrency are not done by its users at all. It’s handled entirely by large data centers called mining farms. These farms use specialized hardware called ASICs, which are privately owned and operated by large mining companies and ASIC-manufacturers. Centralized mining power leaves the network vulnerable to manipulation of transaction fees, forced protocol changes and blocking transactions. Myriad uses a multi-algorithm approach, where no algorithm is rewarded with more than 20% of the coins created. This means that there is no need for expensive equipment. All people can mine and the coins will be fairly distributed. Myriad has no pre-mine or ICO and was fairly launched. Myriad also uses a long mining period, which prevents a large portion of the coins to be consolidated in the hands of very few. Aren’t all cryptocurrencies fairly distributed and mined? was originally published in Myriadcoin on Medium, where people are continuing the conversation by highlighting and responding to this story.
Is there a need for cryptocurrencies?
Fiat money (normal money) have no intrinsic value, meaning it has no real value. The value is built on trust in the government and central banks. With cryptocurrencies the trust in governments is replaced by the trust in source code. Cryptocurrencies give people with oppressive, corrupt or incompetent governments an option to opt out of their monetary systems. They have an option to use a resilient and distributed technology to trade with each other and to store their savings. There is no central point to censor, manipulate or shut down. Through globalisation centralisation has been inevitable, and we have only had two options — either give more control to large corporations or to governments. Companies like Microsoft, Google Amazon and Facebook now sit on uncomfortable large amounts of knowledge about our lives and power from that. Just like cryptocurrencies are providing a currency without a centralised party, blockchain-based social networks are starting to provide us with a way to remove the centralised party of the internet. And this is just the beginning. Myriadcoin is a no bullshit cryptocurrency. It is trusted, secure and up-to-date. It is community-driven with democratic decision making. It is fairly distributed and mined. It has stood the test of time and you are most welcome to join in and decide on how the future should unfold. Is there a need for cryptocurrencies? was originally published in Myriadcoin on...
What is Myriadcoin?
Myriadcoin is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Myriadcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Myriadcoin Core is the name of open source software which enables the use of this currency. For more information, as well as an immediately usable, binary version of the Myriadcoin Core software, see www.myriadcoin.org, or read the original Bitcoin whitepaper. Myriadcoin is distinct from Bitcoin in that it pioneered the use of multiple independent PoW algorithms on the same chain. As of today Myriadcoin have implemented seven different algoritms and five of them is still active; SHA256d, Scrypt, Myr-Groestl, Argon2d and Yescrypt (Qubit, Skein). — Myriadcoin Improvement Proposals. — Documentation and status of Myriadcoin technical improvements beyond those implemented in the Bitcoin BIP process. MIP0 Changes before the MIP process, Hardfork(s), Accepted, MIP1 Equihash Algo Change, Hardfork, Withdrawn, MIP2 Reserve Algorithm Bits, Softfork, Accepted, MIP3 Longblocks, Hardfork, Accepted, MIP4 Argon2D Algo Change, Hardfork, Accepted, MIP5 GetGeometricPrevWork2 (openssl bignum removal), Softfork, Accepted, — Development Process. — The master branch is occasionally built and tested, but is not guaranteed to be completely stable. Tags are...
What makes Myriadcoin different?
The short answer is that Myriadcoin addresses the issues with mining centralisation, 51% attacks and unfair distribution with a multi-algorithm blockchain. But to anyone unfamiliar with how cryptocurrencies works that might sound like a bunch of technical mumbo jumbo and to others it might sound like a very simple solution to a very complex problem. How could possible the use of five different mining algorithms make any real difference on these issues that still haunts the major cryptocurrencies. In this article I will try to explore and explain just that. — What is a 51% attack? - A 51% attack is when a miner or a group of miners has enough computing power so that they can generate more than 50% of the blocks. This entity would then be able to prevent new transactions from confirming and even reverse transactions and thus double spend coins. A successfully performed attack would not only be a financial hit for those that lose their coins in the actual attack. It could also erode trust in the currency leaving it completely worthless for anyone that have invested in it. Read more in this article from investopedia — Decentralising the mining ecosystem - In order to mitigate the risk of a 51% attack the mining ecosystem needs to be decentralised. The use of five different mining algorithms is a good start. But in order to incentivise decentralisation even more, the developers of Myriadcoin have carefully selected...
More Myriad (#XMY) News
|Decentralized App BCH Bull Prepares for Launch, Platform Allows Users to...
Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols, the engineers behind Anyhedge, revealed the team plans to launch a decentralized application (dapp) on the Bitcoin Cash blockchain that allows anyone to long bitcoin cash against a myriad of tradeable assets.General Protocols to Launch a Decentralized Application That Allows Users to Hedge or Long Bitcoin Cash, Anyhedge Alpha Whitelabel Recently Released
In recent times, there's been a few different projects building within the Bitcoin Cash (BCH) ecosystem. One protocol called Anyhedge just released the protocol's alpha version, which allows users to create smart contracts onchain. Furthermore, the team behind Anyhedge, General Protocols, recently summarized the Anyhedge Extension, which was made possible after the new ruleset changes were applied to the BCH network last May.
This month, General Protocols has plans to launch a dapp called BCH Bull, an application that allows people to long BCH against a number of tradeable assets. BCH Bull is a permissionless and noncustodial dapp built on the BCH chain. Tradeable assets that can be used to long or hedge bitcoin cash include assets like the U.S. dollar, bitcoin (BTC), ethereum (ETH), or the precious metal gold.
'Utilising the AnyHed...
|Myria to Offer Myriad L2 Solutions in The Blockchain Gaming Space
Web3-gaming platform Myria has announced the launch of its Layer-2 scaling solution on the Ethereum network.
Myria’s Layer-2 solution uses StarkWare’s Zero-Knowledge Rollups (or ZK-Rollups, for short), which bundles many transactions into one before executing on the Ethereum blockchain. As a result, Myria claims it can offer 9,000 transactions per second, which is significantly more than the Layer-1 rate on Ethereum, at 50 TPS.
ZK-Rollups also decrease the costs associated with operating on Ethereum, and Myria claims it’s users will be able to mint, sell and buy NFTs with zero commission all while benefiting from the Ethereum’s security.
Developers looking to create projects within the Myria ecosystem will be able to do so more easily with the Myria Developer Solution, which takes an API-first approach — making interactions with Myria’s software development kits and set of REST APIs more effortless and straightforward.
Developers may also benefit from Myria's ZK-Rollup solution and launch their own NFT projects as blockchain games without having to code in complex blockchain languages, such as Solidity. Even before the Layer-2 solution, more than 100 projects had already applied Myria's technology, due to its frictionless integration on the blockchain.
Our L2 has officially launched, meaning you can now mint your Alliance Sigils NFTs onto Myria L2!
You must hold the Sigil NFT in your Myria wallet to be eligible for the upcomin...
|The Sandbox Partners With a Myriad of Hong Kong Luminaries, Plans to Lau...
The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has announced the firm has made multiple partnerships in Hong Kong, and has plans to create a 'Mega City' in the metaverse. Partners who acquired land in The Sandbox to build Mega City include Hong Kong tycoon Adrian Cheng, professional services firm PWC Hong Kong, and the Hong Kong actress and model Shu Qi.
The Sandbox Announces Mega City Launch
Blockchain projects like Decentraland and The Sandbox have been seeing significant demand as Web3, NFTs, and metaverse hype has grown exponentially in recent times. On Wednesday, The Sandbox - an Animoca Brands subsidiary and blockchain metaverse that leverages non-fungible token (NFT) technology - announced the launch of a 'Mega City.' The firm has made various partnerships in Hong Kong and the metaverse region will become 'a new cultural hub,' according to the announcement.
The Sandbox details that it partnered with the renowned Hong Kong businessman Adrian Cheng, CEO of New World Development, founder of the K11 brand, and Chow Tai Fook jewelry company's executive director. The blockchain virtual world will feature Cheng's XL Estate (24 x 24 LANDs) that aims to be an 'innovation hub of Mega City.' A landmark will be the GBA Pavilion that showcases 'creativity and tech wonders.' Cheng's GBA Companies will also provide special experiences like 'entertainment [and] exclusive NFTs.'
Award-winning entertainment stars like director Stephen Fung and actress Shu...