[ANN][XMY] Myriad | Multi-Algo, Fair, Secure

[kaja]

Guys I have a revolutionary idea that could really bring this coin to a top 10 market cap. We should replace scrypt with X11, add POS + multipool, cut the inflation by 50%, and implement darksend. Trust me guys, this could be huge.

[foodies123]

Guys I have a revolutionary idea that could really bring this coin to a top 10 market cap. We should replace scrypt with X11, add POS + multipool, cut the inflation by 50%, and implement darksend. Trust me guys, this could be huge.

we should replace all algos with x11 x12 x13 x14 and x15 implement darkestsend and cut inflation to the current amount mined and put pos 1% per decade also a multipool that mines all coins at once and sells them to buy all myr on the market in one fell swoop, that way we can sell our myr at whatever price we want.

[kdfspam]

They are interesting from the standpoint that they appeal to different miners.  Each current algo attracts a different segment.  ASIC, GPU, or CPU miners pick their algo based on efficiency or advantage.  CryptoKnight in particular appeals to CPU miners because there is currently no GPU option that I'm aware of.

CryptoKnight and Keccak look interesting.

Any possibility of adding new algos in the near future?

Just for the sake of adding algos? What do any algos out there do that the current Myriad algos cannot?

It needs to be more than interesting to undergo the hardforking and accompanying complications required for this.

[Rainer4256]

Guys I have a revolutionary idea that could really bring this coin to a top 10 market cap. We should replace scrypt with X11, add POS + multipool, cut the inflation by 50%, and implement darksend. Trust me guys, this could be huge.

Sounds good!

[mfqrs3]

Guys I have a revolutionary idea that could really bring this coin to a top 10 market cap. We should replace scrypt with X11, add POS + multipool, cut the inflation by 50%, and implement darksend. Trust me guys, this could be huge.

we should replace all algos with x11 x12 x13 x14 and x15 implement darkestsend and cut inflation to the current amount mined and put pos 1% per decade also a multipool that mines all coins at once and sells them to buy all myr on the market in one fell swoop, that way we can sell our myr at whatever price we want.

He is right at some point, bringing "hype" algos will maybe shake things up. People love hype, and everything is based around it, but as so, we can then change algos all day long...who will follow it...?

As a miner, electricty is costly in Europe, and don't know where not, I would change one of the most power hungry algos to more effective ones, so everyone can get Myr with less expenses

[neuroMode]

Also I propose to make some "wish-list", in which community members can offer their ideas for improvement, and that would not be lost on the 200 pages on the forum. For example I think that we certainly have to make our analogue of DarkSend function to make it possible for really anonymous payments,which was the original purpose of cryptocurrencies.

Interesting idea

[neuroMode]

Guys I have a revolutionary idea that could really bring this coin to a top 10 market cap. We should replace scrypt with X11, add POS + multipool, cut the inflation by 50%, and implement darksend. Trust me guys, this could be huge.

we should replace all algos with x11 x12 x13 x14 and x15 implement darkestsend and cut inflation to the current amount mined and put pos 1% per decade also a multipool that mines all coins at once and sells them to buy all myr on the market in one fell swoop, that way we can sell our myr at whatever price we want.

He is right at some point, bringing "hype" algos will maybe shake things up. People love hype, and everything is based around it, but as so, we can then change algos all day long...who will follow it...?

As a miner, electricty is costly in Europe, and don't know where not, I would change one of the most power hungry algos to more effective ones, so everyone can get Myr with less expenses

Check out Myr-Groestl

[neuroMode]

They are interesting from the standpoint that they appeal to different miners.  Each current algo attracts a different segment.  ASIC, GPU, or CPU miners pick their algo based on efficiency or advantage.  CryptoKnight in particular appeals to CPU miners because there is currently no GPU option that I'm aware of.

CryptoKnight and Keccak look interesting.

Any possibility of adding new algos in the near future?

Just for the sake of adding algos? What do any algos out there do that the current Myriad algos cannot?

It needs to be more than interesting to undergo the hardforking and accompanying complications required for this.

You mean CPU option? Qubit is waiting for you

Also, miners should find appeal in Myriad's different algorithms. They aren't well known. You should look into them more.

[neuroMode]

Some amazing outreach just happened over on our subreddit /r/myriadcoin.

Full story:

http://www.reddit.com/r/myriadcoin/comments/26srle/my_grassroots_myriadcoin_experiment/

TL;DR:

/u/meat_body_soul just gave a homeless man a bunch of items he bought at a Dollar Tree, then also introduced him to Myriadcoin, how cryptos work, and a paper wallet.

He then posted the public wallet of Steve, the homeless man, on Reddit, and more people have donated MYR to Steve!

Steve's public address: MSUJ8GvGGU96PEvwPNrS3H3JE5ZNomK4vy

[neuroMode]

The Myriadcoin Android wallet is officially listed on Google Play now.

Get it here: https://play.google.com/store/apps/details?id=hashengineering.myriadcoin.wallet

[instantskeleton]

up too over 8000 MYR for steve,   just donated 2050.00

[crazyearner]

Whos the ones who keep crashing the price on this coin. Was going strong into the 600s now 5,4,3 and soon to be 1s as in mid 2s now. This coin is so under valued. Then again no doubt people cashing out for Bitcoin rise. Ill just keep on buying up the coin in low prices and wait.

[Wiseman]

we should replace all algos with x11 x12 x13 x14 and x15 implement darkestsend and cut inflation to the current amount mined and put pos 1% per decade also a multipool that mines all coins at once and sells them to buy all myr on the market in one fell swoop, that way we can sell our myr at whatever price we want.

I don't understand, why do you bring everything to such an absurdity?
The multi-algo system of Myriad is great and has many advantages compared to existing coins and such system is very prospective. But the coin system is only basis, on which all other things are being build. The fact is good basis is necessary but it is not sufficient. It's like you make a car with great and powerful engine but with wooden seats and square wheels. Of course buyer will choose the other more comfortable car with a less powerful engine, but with round wheels and leather seats. Don't you agree?

My point is that we have to find and implement best solutions and innovations   that are good not for pump&dump day-traders or people who want to make fast money (POS, short halving period etc), but for  "average Joe", who will use MYR as cryptocurrency in future (i mean darksend or other interesting features), as soon as they appear in market.

Or one day there will be some other coin with multi-algo which will include this innovations, and people will use it instead of MYR, because it is more convinient and has more feautures. Do you understand it? This is just evolution, the competitive struggle. You are better - you survive. Comprende, amigo?


The ability to send money anonimously (like darksend technology) is really necessary for cryptocoins I think. That's one of the points, why DRK  become so popular.

[neuroMode]

Whos the ones who keep crashing the price on this coin. Was going strong into the 600s now 5,4,3 and soon to be 1s as in mid 2s now. This coin is so under valued. Then again no doubt people cashing out for Bitcoin rise. Ill just keep on buying up the coin in low prices and wait.

Me and you both. I understand some might panic if they needed to cash out to BTC for whichever reason, but there is no need to worry about longterm price. Buy when everyone else's attention is on DRK and the flavor of the day.

[zuludrag]

The Myriadcoin Android wallet is officially listed on Google Play now.

Get it here: https://play.google.com/store/apps/details?id=hashengineering.myriadcoin.wallet

Tried it on Samsung Galaxy Mini S5570. I know, It's an old lowend phone with Android 2.3, but still it has everything that makes the application to work.
So it works, but there is one thing, that could be changed: application cannot be moved to SD storage, and 13MB of space on lowend devices like that is huge amount of internal memory. If there would be possibility to move application to SD storage - it would be great!

Edit: had to remove it from my phone, as it's reminding me about low internal memory left (phone itself and wallet too) frequently...

[novag]

New small features added to the weight of the coin. This unique coin is easier to be a trend, since there is a lot of community service and rather big.

[coinmeister]

Can anyone help me? I am using new Electrum wallet.

Everything was working fine. But now I am not receiving my transactions from Cryptsy and Mintpal.

Small Cryptsy transaction ID is this: 3097a12802668e212a3626290b4eeb680a6fadf3146c8b0167103d07e5ec543a

From MintPal it is 100000 MYR. Worried a little bit.

[jdh015232]

something needs to be done or were gona be left in the dust
such a good community, so much time spent, yet if the coins basics arent rite (miners, actually making money) the coin will just  sink to oblivioin.

[devphp]

something needs to be done or were gona be left in the dust
such a good community, so much time spent, yet if the coins basics arent rite (miners, actually making money) the coin will just  sink to oblivioin.

Don't panic, this coin will always be mined, because its target audience of miners is the largest of all coins. Because it will always be mined, it will always live. At some point in price the buyers will overrun sellers, and the downtrend will stop.

[jdh015232]

something needs to be done or were gona be left in the dust
such a good community, so much time spent, yet if the coins basics arent rite (miners, actually making money) the coin will just  sink to oblivioin.

Don't panic, this coin will always be mined, because its target audience of miners is the largest of all coins. Because it will always be mined, it will always live. At some point in price the buyers will overrun sellers, and the downtrend will stop.

not if theirs zero buying interest in the coin, 10 btc volume lately and were droping 25% per day...