Viacoin VIA to Myriad XMY Exchange

Crypto Pair Details: VIA to XMY

Viacoin VIA

Viacoin is a Script-based cryptocurrency derived from Bitcoin. Similar to Bitcoin and other cryptocurrencies, Viacoin is also an open-source project. Viacoin aims to be the cryptocurrency of future, by integrating many innovative key technologies such as SegWit, APoW, Lightning Network, Dark Gravity Wave, and more. Viacoin claims to allow 25 times faster transactions than Bitcoin. It can be merged mined with the other Script cryptocurrencies like Litecoin, This is done by using an Auxiliary Proof-of-Work (AuxPoW) algorithm. Every six months, Viacoin halves the block reward that is given to users for Viacoin mining, resulting in a low inflation rate of Viacoin. Check out CoinBureau for the complete review of Viacoin.

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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