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.
Where is Myriad available for purchase?
You can exchange XMY tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Myriad is Komodo Wallet, notably the XMY/KMD pair, which saw a trading volume of $ 0.0449 in the past day.
What is the highest value Myriad (XMY) has ever reached?
Myriad (XMY) reached its peak price at 0.06092 $ on 06 January 2018, approximately 8 years ago ago. Presently, the current price is -99.73% lower than this all-time high.
What is the historical minimum price for Myriad (XMY)?
The minimum price reached for Myriad (XMY) was 0.068049 $, documented on 28 March 2020, more than 5 years ago. In comparison, the current price is 20,178.1%, it above this historical low.
What is the fully diluted valuation of Myriad (XMY)?
The fully diluted valuation (FDV) of Myriad (XMY) stands at $ 378,815. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 2,000,000,000 XMY tokens. The realization of this FDV might take several years depending on the emission schedule of XMY tokens.