NAGA NGC to Myriad XMY Exchange

Crypto Pair Details: NGC to XMY

NAGA NGC

NAGA is a public listed, EU-regulated German Fintech company with trading-platforms for financial markets and virtual goods, a market cap of more than 200m Euros, millions in revenues and billions in trading volume every month. Investments and trading are ruled and governed by greedy banks and corporates that control access, operate non-transparent and always take a cut of your money. At NAGA we are about to change that. By introducing the NAGA COIN, we are on a mission to revolutionize the outdated banking sector. The financial markets are about to change, and we embrace that.

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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