Breaking News: Netcoins Lists Myriad (XMY) Coin

Netcoins Holdings Inc. (OTC: GARLF) (CSE: NETC) is pleased to announce that it has listed Myriad, available for purchase this Fall, via our OTC Private Brokerage Services business and our 21000+ retail locations in Australia, Europe and Canada. Myriad is the 14th in a series of altcoins and tokens to be listed by Netcoins.

Myriad is the first currency to support five 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.

Decentralisation of mining power is important to keep control of a coin democratic. Other coins have had their mining power become more and more centralised which has already caused problems for Bitcoin. The prevention of this is one of Myriad’s main strengths and innovations.

Learn more about Myriad here: www.myriadcoin.org

“We are excited to have Myriad on our platform. The Netcoins solution helps provide the everyday consumer with an easy way to buy/sell Myriad for fiat,” said Netcoins CEO Mark Binns. “Netcoins is uniquely positioned with its OTC desk and global retail network to help bring awareness and adoption to altcoins like Myriad.”

Netcoins has received $30,000 USD from Myriad as a listing fee, which is also a recurring annual fee, on our LaaS (Listing as a Service) business model for coin listings.

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2 Comments
  1. Oliver Renick 1 month ago
    Reply

    what is the difference between cpu and gpu mining? pros and cons?

  2. Matt Vadacchino 1 month ago
    Reply

    how interesting, I did not know that centralization of coins is affecting bitcoin that way

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