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COIN DETAILS
Submitted by: Lumen
Name: Myriad [XMY]
Description:
A Coin For Everyone. Myriad is the first currency to support 5 algorithms, catering for ASIC, GPU and CPU mining. Currently, those algorithms consist of SHA256d, Scrypt, Myr-Groestl, Skein and Yescrypt. Myriad's multi algorithm approach offers exceptional 51% resistance because a range of different hardware is needed to find 51% of the blocks. Merge mining is allowed on the SHA256d and Scrypt algorithms. This has enabled Myriad to take advantage of the huge hashrates currently in use by coins using these algorithms. Merge Mining, or AuxPow, allows the work being done for a parent coin (such as Bitcoin or Litecoin) to be used to find valid blocks on Myriad's blockchain. Myriad was released to the wild on February 23, 2014 at 18:30 UTC. The first mined block came 4 minutes later, thus establishing that there was no premine. The initial reward was 1,000 MYR, halving every 967,680 blocks (approximately 48 weeks). Total supply is approximately 2 billion MYR. Target block time is 60 seconds, or 300 seconds per algorithm.

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