© coinpaprika 2019Last updated: 2019-08-25 03:05:58 UTCprotected by Grey Wizard
Nyzo

Nyzo NYZO

$0.312043   (+1.59%)
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0.000031 BTC (+3.61%)
0.001640 ETH (+3.11%)
1h -2.69 %
24h +1.59%
Week -1.38%
Month -16.63%
Year-
-3.03%
+3.61%
-1.06%
-19.76%
-
-2.83%
+3.11%
-4.07%
-5.43%
-

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 $0.312043. Nyzo is listed on 2 Exchanges with a sum of 3 active markets. The 24h volume of [NYZO] is $362 681, while the Nyzo market cap is $0 which ranks it as #1881 of all cryptocurrencies. You can find more information about Nyzo [NYZO] on nyzo.co

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    NYZO to USD calculator
    NYZO
    USD
    More crypto and FIATs
    Buy NyzoThe most liquid on CITEX
    Market Cap Rank 1881
    All Time High
    ? USD
    $0.585860 13 Jul 2019 % to ATH (87.75%)
    Circulating Supply
    Volume (24h) Rank 427
    ? Max: 100 000 000
    $362 681 35.71 BTC
    Vol / M Cap (24h)
    Beta
    0%
    1.23

      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

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      Nyzo Team

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            Twitter

            by @nyzo_currency 1.14k followers

            2 days ago the network halted and accumulated a 10,000 block gap from the expected 7s block time. A fault in the blockfile consolidation process was to blame and resulted in memory errors, the issue toppled over into a big part of the network and nodes subsequently dropped out.

            At the moment an API server for the Micropay Server is being developed. This will make building commercial applications on Nyzo very accessible to individuals and businesses. 😎 https://t.co/3erqrfPCBW

            The value proposition of Nyzo party lies in its #ecological value proposition, the consensus mechanism substitutes electrical power for time. As a result, the network is more than 1 million times more #efficient than #Bitcoin's. https://t.co/l45vfgMphz

            A new day, a new release! Version 530 allows verifiers to host websites and monetize them using a micropay metatag. Netflix on $nyzo? Your shop on nyzo? Selling blog content on nyzo? Patreon on nyzo? You name it, the possibilities are endless! https://t.co/RfnybzNpVohttps://t.co/k9ElsL6WKl

            r/Nyzo

            Rank 1269
            Rank 1269
          • Events

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          • Exchanges (2) / Markets

            Nyzo Exchanges

            #SourceVolume (24h) FIATs
            1CITEX99.92% KRW
            2qTrade0.08% -
            #Source

            Nyzo Markets

            By Volume
            #ExchangePairVolume (24h)PriceVolume (%)CategoryFee TypeUpdated
            1CITEX NYZO/ETH $196 260 $0.329620 53.97%SpotPercentage2 minutes ago
            2CITEX NYZO/BTC $167 092 $0.293096 45.95%SpotPercentage2 minutes ago
            3qTrade NYZO/BTC $299.33 $0.282233 0.08%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:36
            GitHub repository:Link
            Code frequency:Link
            Commits
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