© coinpaprika 2019Last updated: 2019-10-22 16:54:44 UTCprotected by Grey Wizard
Nyzo

Nyzo NYZO

$0.107743   (+3.55%)
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0.000013 BTC (+3.08%)
0.000620 ETH (+3.51%)
1h +0.08 %
24h +3.55%
Week +6.31%
Month -62.57%
Year-
-
+3.08%
+5.83%
-54.4%
-
+0.1%
+3.51%
+10.6%
-54.67%
-

Nyzo uses a collaborative verification system that requires neither proof of work nor proof of stake. There is no mining. Simply participating in the mesh gives a node the opportunity to verify transactions, and the queueing system is designed so that transaction fees are distributed equitably to all participants. Very little computational power is required of a node, and having superior computational power will not allow a node to gain a larger share of transaction fees.

Nyzo was developed from the ground up to explore blockchain technology in an approachable, accessible manner. The source is simple and easy to read. The design of the blockchain and mesh are also simple and clearly explained in the white paper. Instead of layering complex fixes on top of a flawed design or adding elaborate features, we focused on the foundational technology of the blockchain to build a system that just works. Nyzo is also exceptionally flexible and extensible — the sender data field of Nyzo transactions allows for virtually unlimited possibilities for applications that utilize the Nyzo blockchain — but this flexibility is not obtained at the cost of reliability or stability.

The blockchain is an exciting and undeniably useful technology. However, it is far from mature. While Bitcoin was a brilliant innovation, its issues are numerous, and many of the issues cannot be remedied through iterative change. Instead, a total rethinking of the blockchain — a clean slate — is necessary. Unfortunately, of the open-source, democratic blockchains in use, Bitcoin and its forks (or forks of forks) dominate the landscape, and truly novel open-source blockchain implementations are rare.

Nyzo [NYZO] is a cryptocurrency with its own blockchain. The most actual price for one Nyzo [NYZO] is $0.107743. Nyzo is listed on 2 Exchanges with a sum of 4 active markets. The 24h volume of [NYZO] is $4 440.71, while the Nyzo market cap is $0 which ranks it as #2093 of all cryptocurrencies. You can find more information about Nyzo [NYZO] on nyzo.co

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    • Cryptocurrency (820)
    • Premine (202)
      20 left
    Buy NyzoThe most liquid on CITEX
    Market Cap Rank 2093
    All Time High
    ? USD
    $0.585860 13 Jul 2019 % to ATH (443.76%)
    Circulating Supply
    Volume (24h) Rank 1185
    ? Max: 100 000 000
    $4 440.71 0.538690 BTC
    Vol / M Cap (24h)
    Beta
    0%
    1.28

      Nyzo details

      Started 02 April 2018
      about 1 year ago
      WhitepaperWhitepaper thumbnailOpen
      Development status On-going development
      Org. Structure Unknown
      Open SourceYes
      Proof Type Proof of Diversity
      Algorithm POD
      Hardware wallet No

      Nyzo Price Chart Live

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      Events

      Events

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      Note, that new events are premoderated.

      Nyzo Team

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            Add another coin

            Twitter

            by @nyzo_currency 1.18k followers

            NEW $NYZO Developer fund update: developers are forfeiting the entirety of the adoption-based developer fund to the cycle fund. Read more here: https://t.co/SX0yPciyJg

            Last chance to update your verifiers. The blockchain is set to upgrade in 45 minutes.

            15% of the network has yet to update to version 542 or later. This change introduces an incompatibility in the balance list, all verifiers and sentinels will need to update before 12/09/2019 14:00 UTC in order to continue tracking the blockchain.

            Make an original, high quality NYZO video and upload it to Youtube. (min. 2 minutes) and receive $20 worth of $NYZO. First come, first served. 10 videos. 📹

            How to set up a verifier and sentinel? It's straightforward.

            Due to a flaw in SENTINEL version 540+ it is recommended to downgrade to v540. cd /home/ubuntu/nyzoVerifier sudo git reset --hard e6d5f7334bab2d4983827cfe79bd3d97c8ed2e93 sudo ./gradlew build sudo supervisorctl reload https://t.co/jyDaYvmKeE

            🚨 Please upgrade to version 542+ before 2019-09-12 14:00:00.000 UTC, or you may be removed from the cycle. 🚨 https://t.co/qj0iWKjOJI

            r/Nyzo

            Rank 1268
            Rank 1268
          • Events

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            80
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            add a screenshot or image
            (*.jpg, *.png extensions supported) to verify an event.
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          • beta

            Exchanges (2) / Markets

            Nyzo Exchanges

            #SourceVolume (24h) FIATs
            1qTrade100.00% -
            2Vinex0% -
            #Source

            Nyzo Markets

            By Volume
            #ExchangePairVolume (24h)PriceVolume (%)CategoryFee TypeUpdated
            1qTrade NYZO/BTC $4 440.98 $0.107750 100.00%SpotPercentage1 minute ago
            2Vinex NYZO/BTC $0 $0.329762 0%SpotPercentage1 minute ago
            3CITEX * NYZO/ETH $310 395 $0.104976 0%SpotPercentage1 minute ago
            4CITEX * NYZO/BTC $308 595 $0.108327 0%SpotPercentage1 minute ago
            #Exchange
            No items matched that search criteria
            * Price / Volume Excluded - Outlier detected
            ** Volume Excluded - markets with no fees and transaction mining
            *** Volume Excluded - no fresh data from exchange API
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          • Nyzo Code progress

            GitHub Contributors:1
            GitHub Stars:40
            GitHub repository:Link
            Code frequency:Link
            Commits