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updated Myriad info

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Andreas M. Antonopoulos 2014-08-17 18:09:48 -04:00
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@ -161,7 +161,7 @@ Peercoin was introduced in August of 2012 and is the first alt-coin to use a hyb
*Myriad*
Myriad was introduced in February 2014 and is notable because it uses five different Proof-of-Work algorithms (SHA256, Scrypt, Qubit, Skein or Groestl) simultaneously, with block rewards and difficulty varying for each algorithm, depending on miner participation. The intent is to make Myriad immune to ASIC specialization and centralization as well as much more resistant to consensus attacks, as multiple mining algorithms would have to be attacked simultaneously.
Myriad was introduced in February 2014 and is notable because it uses five different Proof-of-Work algorithms (SHA256d, Scrypt, Qubit, Skein or Myriad-Groestl) simultaneously, with difficulty varying for each algorithm depending on miner participation. The intent is to make Myriad immune to ASIC specialization and centralization as well as much more resistant to consensus attacks, as multiple mining algorithms would have to be attacked simultaneously.
* Block generation: 30 second average (2.5 minutes target per mining algorithm)
* Total currency: 2 billion by 2024