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XMY
Exchange
USD
Market Cap
$14,516,271
24h Low / 24h High
$0.00682 / $0.00988
24 Hour Trading Volume
$961,659
Complete Metrics Score
Total44%
Major Exchanges Trading Activity
Liquidity23%
Source Code Repository Activity
Developer57%
Social Media & Discussion Board
Community40%
Market Cap $14,516,271
24h Low / 24h High $0.00682 / $0.00988
24 Hour Trading Volume $961,659
Complete Metrics Score
Total44%
Major Exchanges Trading Activity
Liquidity23%
Source Code Repository Activity
Developer57%
Social Media & Discussion Board
Community40%
XMY
Exchange
USD

Myriadcoin (Overview)

About

Myriadcoin is the first coin to implement five different Proof-of-Work hashing alrogithm in the same coin, namely Scypt, SHA256D, Qubit, Skein and Groestl. This multiple hashing algorithm serves to make mining fairer and encourage even distribution. Each algorithm has the same chance of solving the next block and has its own independent difficulty while using the same difficulty adjustment method.

Each algorithm aims for a block generation time of 2.5 minutes. Any existing CPU,GPU and ASIC miners can be used to mine Myriadcoin. Over the five algorithms, a block should be found on average every 30 seconds.

Every 967680 blocks, the block reward halves in order to reduce inflation. Difficulty is adjusted after every block. Myriadcoin was launched on 23 February 2014.

Genesis Date February 23, 2014 (almost 4 years)
Hashing Algorithm

-

Hashrate
Block Time

0.5 Minute

Available/Total Supply

1.54 Billion / 2 Billion