Myriad (XMY)

What is Myriad Cryptocurrency Coin? Myriad (XMY) is a decentralized cryptocurrency designed to allow users to transact securely and anonymously. It is an open-source, community funded project that was founded in 2014. Its mission is to provide a secure, private and digital currency for anyone who wants to transfer value in a more secure and cost effective manner than traditional methods. Who Founded It? Myriad was created in 2014 by 8bitcoder, a collaborative effort between dedicated volunteers from the Myriad community. 8bitcoder is an open source project dedicated to furthering the development of Myriad. What Makes It Unique? Myriad is unique compared to other cryptocurrencies because it utilizes five different algorithms for the purpose of securing the digital currency. These algorithms are SHA-256, Skein, Groestle, Qubit, and Scrypt. By using a multi-algorithm to secure the network, Myriad offers users the added security without being subject to miner centralization that single-algorithm blockchains suffer from. Where is it Used? Myriad is accepted by a variety of merchants as a payment method, with more businesses joining. Examples include online stores, physical merchants, ATMs, and more. In addition, it is also used by a number of charities and non-profits to accept donations with Myriad. Where to Buy/Sell it? Myriad can be bought or sold on a number of major exchanges such as Binance, Poloniex, and Bittrex. Additionally, there are a variety of other exchanges and services where Myriad is available as well. Comments Myriad is an innovative project that provides a secure and private digital currency platform for users to send value. It leverages the power of multiple algorithms to enhance its security and massive adoption by merchants and charities has made it one of the leading cryptocurrencies. If you’re looking for a secure digital currency to send value, Myriad is worth considering.