Myriad cryptocurrency is a decentralized digital currency that was launched in February 2014. It is based on the codebase of Bitcoin, utilizing a proof-of-work consensus mechanism. Myriad aims to improve upon existing cryptocurrencies by providing a secure, decentralized, and fair platform for transactions.
One of the key features of Myriad is its multiple proof-of-work algorithms. Unlike Bitcoin, which only uses the SHA-256 algorithm for mining, Myriad utilizes several different algorithms including SHA-256D (Bitcoin's algorithm), Scrypt, Myr-Groestl, and Yescrypt. This multi-algorithm approach enhances network security and prevents dominance by a single mining group.
Myriad also seeks to achieve a fairer distribution of tokens. Instead of a fixed supply, Myriad has a dynamic and uncapped maximum supply, enabling the continued mining of new coins. Additionally, Myriad has a relatively low block time of just 2.5 minutes, allowing for faster confirmations and transactions.
The development team behind Myriad is dedicated to maintaining a strong and active community around the cryptocurrency. They have implemented several updates and improvements over the years, and Myriad continues to evolve as a reliable and widely adopted digital currency.
For those who want to download the Myriad logo, we have
compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin,
Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you
want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including
the Myriad logo.