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Launched on 13/09/2018 by an anonymous developer team, Nyzo utilizes a unique proof-of-diversity consensus mechanism. This mechanism involves verifiers taking turns to produce blocks in a circular order, forming a cycle. Consensus rules are in place to prevent verifiers from being added to or removed from the cycle too quickly.
Issue Time
1970/01/01
Initial Price
US $ 0.00527205
Circulation/Max
11.91M/
Dominance
0.00%
ROI -97.53%
Information
What is Nyzo?
Nyzo is an open-source, highly decentralized, democratic, and highly efficient blockchain. With a block time of seven seconds, Nyzo is capable of handling high transaction volumes. Its key features include fast finality, a unique consensus mechanism that rewards long-term participation, and a decentralized community fund that supports numerous community projects.
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