e-Gulden EFL to Myriad XMY Exchange

Crypto Pair Details: EFL to XMY

e-Gulden EFL

The primary goal of e-Gulden is to position it as a solid and valuable currency in The Netherlands. The way to get there is to first educated the Dutch people to accepting the idea of cryptocurrency as money first, have them then invest a few euros in e-Gulden and by the time tens of thousands have done so, finally get merchants aboard. There is a pre-mine of 50% of the total amount of e-Gulden.

Myriad XMY

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.

SOURCE: COINGECKO

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