© coinpaprika 2019Last updated: 2019-06-18 05:18:43 UTCprotected by Grey Wizard
Nyzo

Nyzo NYZO

$0.278710   (-2.41%)
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0.000030 BTC (-2.99%)
0.001032 ETH (-2.96%)
1h-
24h -2.41%
Week +26.13%
Month -16.11%
Year-
+0.5%
-2.99%
+8.42%
-28.06%
-
+0.65%
-2.96%
+14.73%
-21.76%
-

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 $0.278710. Nyzo is listed on 2 Exchanges with a sum of 3 active markets. The 24h volume of [NYZO] is $55 043.61, while the Nyzo market cap is $0 which ranks it as #2032 of all cryptocurrencies. You can find more information about Nyzo [NYZO] on nyzo.co

Website: nyzo.co
Explorer: nyzo.co
Source code: github.com
NYZO to USD calculator
NYZO
USD
More crypto and FIATs
Buy NyzoThe most liquid on CITEX
Market Cap Rank 2032
All Time High
? USD
$0.456197 06 May 2019 % to ATH (63.68%)
Circulating Supply
Volume (24h) Rank 823
? Max: 100 000 000
$55 043.61 5.95 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

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          Twitter

          by @nyzo_currency 932 followers

          Have you tried sending $NYZO yet? Nyzo transactions are finalized in just 8.5 seconds. The consensus threshold is set such that 3/4+ of the participants have to agree on the block to continue. https://t.co/Owekzl8Fgt

          $nyzo giveaway! 🎉 3 winners will get ∩600 each! To participate: 1) Retweet 2) Follow us @nyzo_currency Winners will be picked after 48 hours #nyzo

          Want to better understand the tech behind Nyzo? Make sure to check out the exhaustive release notes! Latest: https://t.co/G92mwD0k6u

          r/Nyzo

          Rank 1274
          Rank 1274
        • Events

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        • Exchanges (2) / Markets

          Nyzo Exchanges

          #SourceVolume (24h) FIATs
          1CITEX79.28% -
          2qTrade20.72% -
          #Source

          Nyzo Markets

          By Volume
          #ExchangePairVolume (24h)PriceVolume (%)CategoryFee TypeUpdated
          1CITEX NYZO/ETH $22 950.50 $0.276300 41.07%SpotPercentage1 minute ago
          2CITEX NYZO/BTC $21 347.05 $0.301216 38.20%SpotPercentage1 minute ago
          3qTrade NYZO/BTC $11 580.67 $0.241398 20.72%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:28
          GitHub repository:Link
          Code frequency:Link
          Commits

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