Myriad XMY to WeTrust TRST Exchange

Crypto Pair Details: XMY to TRST

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.

WeTrust TRST

WeTrust is a collaborative saving and insurance platform. It is autonomous, frictionless, and decentralized. WeTrust utilizes the Ethereum blockchain to create a full-stack financial system that leverages existing social capital and trust networks, eliminating the need of a “trusted third party”, which allows for lower fees, improved incentive structures, decentralized risks, and a greater amount of capital to reside among the participants. WeTrust’s first product is a Rotating and Saving Credit Association platform, inspired by the ~1 billion people around the world who are using mostly informal organizations to lend/ borrow, and support each other financially within their communities. ROSCAs will bootstrap the community, and WeTrust plans to build future products that include sovereign credit identities, trusted lending, mutual insurance, and more.

SOURCE: COINGECKO

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