Myriad XMY to Nash Exchange NEX Exchange

Crypto Pair Details: XMY to NEX

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.

Nash Exchange NEX

Nash lets you transfer assets securely without trusting third parties. We make decentralized finance fast, simple and safe. Nash combines the security benefits of blockchain with the speed and functionality of traditional services. Our decentralized exchange is lightning fast thanks to our innovative matching engine – and our intuitive interface is second to none.

SOURCE: COINGECKO

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