Nyzo (NYZO) The price of Nyzo is $0.0942, a 0.29% percent change for the last hour. Nyzo uses a collaborative verification system that requires neither proof of work nor proof of stake. There is no mining. Simply participating in the mesh gives a node the opportunity to verify transactions, and the queueing system is designed so that transaction fees are distributed equitably to all participants. Very little computational power is required of a node, and having superior computational power will not allow a node to gain a larger share of transaction fees.

Nyzo was developed from the ground up to explore blockchain technology in an approachable, accessible manner. The source is simple and easy to read. The design of the blockchain and mesh are also simple and clearly explained in the white paper. Instead of layering complex fixes on top of a flawed design or adding elaborate features, we focused on the foundational technology of the blockchain to build a system that just works. Nyzo is also exceptionally flexible and extensible — the sender data field of Nyzo transactions allows for virtually unlimited possibilities for applications that utilize the Nyzo blockchain — but this flexibility is not obtained at the cost of reliability or stability.

The blockchain is an exciting and undeniably useful technology. However, it is far from mature. While Bitcoin was a brilliant innovation, its issues are numerous, and many of the issues cannot be remedied through iterative change. Instead, a total rethinking of the blockchain — a clean slate — is necessary. Unfortunately, of the open-source, democratic blockchains in use, Bitcoin and its forks (or forks of forks) dominate the landscape, and truly novel open-source blockchain implementations are rare.

Nyzo uses a collaborative verification system that requires neither proof of work nor proof of stake. There is no mining. Simply participating in the mesh gives a node the opportunity to verify transactions, and the queueing system is designed so that transaction fees are distributed equitably to all participants. Very little computational power is required of a node, and having superior computational power will not allow a node to gain a larger share of transaction fees. Nyzo was developed from the ground up to explore blockchain technology in an approachable, accessible manner. The source is simple and easy to read. The design of the blockchain and mesh are also simple and clearly explained in the white paper. Instead of layering complex fixes on top of a flawed design or adding elaborate features, we focused on the foundational technology of the blockchain to build a system that just works. Nyzo is also exceptionally flexible and extensible — the sender data field of Nyzo transactions allows for virtually unlimited possibilities for applications that utilize the Nyzo blockchain — but this flexibility is not obtained at the cost of reliability or stability. The blockchain is an exciting and undeniably useful technology. However, it is far from mature. While Bitcoin was a brilliant innovation, its issues are numerous, and many of the issues cannot be remedied through iterative change. Instead, a total rethinking of the blockchain — a clean slate — is necessary. Unfortunately, of the open-source, democratic blockchains in use, Bitcoin and its forks (or forks of forks) dominate the landscape, and truly novel open-source blockchain implementations are rare. (The price of Nyzo is $0.094)

Quick Stats about Nyzo

The price of Nyzo is currently $0.09

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC 0%
USD 0.29%
ETH 0.11%
BTC 6.38%
USD 4.92%
ETH 8.53%
BTC -7.41%
USD -9.67%
ETH -4.52%
BTC -11.97%
USD -2.86%
ETH -12.74%
BTC -19.35%
USD 6.27%
ETH -24.34%
BTC -80.98%
USD -52.36%
ETH -87.53%

The all time high price of Nyzo was $0.58586023 on 2019-07-13 02:47:29

Development Status: On-going development
Proof Type: Proof of Diversity
Hash Algorithm: POD
Hardware Wallet: No

Circulating Supply: 15391384 NYZO

Beta Value: 0.976

Leave a comment in the Nyzo forum

Tweets about Nyzo

Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 2 weeks, 1 day, 12 hours, 39 minutes, 49 seconds ago
Node operators are asked to check their nodes and to upgrade them if needed. Join discord: https://t.co/PHc7tYksKB
Tweet by setanimals about Nyzo
@setanimals retweeted: 6 months, 2 weeks, 2 days, 4 hours, 5 minutes, 39 seconds ago
Tweet media image 🚨BIG vote happening for $NYZO. Moving 10% of community funds to LOCKED dev wallet acknowledging their incredible/sustained work. KEEP IN MIND the team moved 100% (77m NYZO) to a community controlled wallet with the goal of true decentralization. 1/4 https://t.co/BDuGgabqIt
Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 2 weeks, 4 days, 12 hours, 49 minutes ago
Tweet media image Sign your Nyzo cycle transactions online or offline with Nyzospace. Live demo: https://t.co/vhsgOlmCh1 Repository: https://t.co/Wtu06Jj2dF https://t.co/9mbemzfKjk
Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 2 weeks, 6 days, 2 hours, 50 minutes, 46 seconds ago
Tweet media image Version 585 improves the operation of the relay server. Read the release notes: https://t.co/ypO1ZGHDwq https://t.co/beDJrbiWYV
Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 2 weeks, 6 days, 3 hours, 3 minutes, 43 seconds ago
Tweet media image Version 584 corrects an issue that was preventing the client from forwarding cycle-signature transactions. Read the release notes: https://t.co/fMmQgPFrxt https://t.co/t3hF5QWLsO
Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 3 weeks, 20 hours, 9 minutes, 17 seconds ago
Tweet media image NCFP3.3: Development incentive for the Nyzo core team Node operators are asked to read this announcement and to vote for its cycle transaction. https://t.co/gDRowZQvD9 https://t.co/HYHCPnVtDi
Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 3 weeks, 1 day, 10 hours, 7 minutes, 38 seconds ago
Tweet media image An implementation of a Nyzo verifier written in Golang. It is an observer/archive node that is capable of assembling the entire past blockchain, verify it and store blocks, as well as transactions, cycle events and node status information in a database. https://t.co/SRpcnihEwS https://t.co/Sq4UdZ9XR6
Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 3 weeks, 1 day, 11 hours, 13 minutes, 15 seconds ago
Tweet media image Version 583 adds the "Access-Control-Allow-Origin=*" header to the client API endpoints to allow cross-origin access. This version affects the API endpoints on the client only. Read the release notes: https://t.co/UPesAxYNHJ https://t.co/0zCHjGqQVU
Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 3 weeks, 1 day, 20 hours, 6 minutes, 38 seconds ago
Tweet media image [email protected] & co developed an awesome Nyzo explorer, with new cycle & voting data visualizations. Take a look 👉 https://t.co/qcFjgm4hMJ https://t.co/s9W0NeFe3A
Tweet by nyzo_currency about Nyzo
@nyzo_currency 6 months, 3 weeks, 3 days, 1 hour, 43 minutes, 40 seconds ago
Tweet media image Version 582 is a small but important update. It discloses a vulnerability which allows a verifier's memory to be overwhelmed. More: https://t.co/ET85fT84lT Operators are encouraged to partake in the discussion in regards to security bounties for v572. https://t.co/tL0LM6Uzht https://t.co/rW2lRo38FR
When moon? Moon buggy