Yeliz Akmaca 
Myriad (XMY) is a cryptocurrency launched in 2014 with a strong focus on decentralization and fair mining. The project enhances network security and miner diversity by supporting five different mining algorithms. Unlike many modern crypto projects, Myriadcoin launched without an ICO or premine and remains fully community-driven.
Team and Founders
Myriad was founded by an anonymous developer using the pseudonym 8bitcoder. The project is not operated by a formal company, foundation, or centralized entity.
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No official corporate team or CEO structure
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Development maintained by volunteer developers and miners
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Governance driven by decentralized community consensus
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No institutional investors or strategic partners
Project Vision
Myriad aims to reduce single-hardware dominance in mining and strengthen decentralization across the network. By supporting multiple Proof-of-Work algorithms, ASIC, GPU, and CPU miners can participate under balanced conditions. This structure increases network security and reduces the risk of 51% attacks.
Mining Architecture and Algorithms
Myriadcoin supports mining across multiple hardware types through five distinct algorithms.
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SHA256d
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Scrypt
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Myr-Groestl
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Argon2d
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Yescrypt
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Multi-algorithm design distributes hash power across hardware types
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51% attack requires dominant hash power across multiple algorithms
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Merge mining supported for SHA256d and Scrypt
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Benefits from Bitcoin and Litecoin network hash rates
Investors and Partnerships
Myriadcoin does not have an official investor list or corporate partnerships.
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No venture capital backing
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No private or public token sales
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Fully community-supported development
How the Project Works
Myriad operates using a Multi-Proof-of-Work consensus model.
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Five mining algorithms supported simultaneously
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Each block can be mined using any algorithm
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Difficulty adjusted independently per algorithm
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Fair competition between ASIC, GPU, and CPU miners
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Strong resistance against 51% attacks
XMY Token Use Cases
XMY is the native asset of the Myriad network and serves multiple purposes.
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Peer-to-peer value transfers
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Mining rewards for securing the network
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Trading and speculative investment
Token Information and Distribution
Myriad (XMY) was launched through a fair distribution model in 2014.
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Total supply: 2 billion XMY
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Circulating supply: 1.89 billion XMY
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Maximum supply: 2 billion XMY
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Block time: 1 minute
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Current block reward: 250 XMY
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Halving interval: Every 96 weeks (967,680 blocks)
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Difficulty adjustment: Every block
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No premine, ICO, or team allocation
Roadmap and Historical Development
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February 2014: Launched as a Zetacoin fork and became the first five-algorithm PoW cryptocurrency
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August 2015: Merge mining enabled for SHA256d and Scrypt
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2016: Ticker changed from MYR to XMY and Qubit replaced by Yescrypt via mining consensus
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2018: Longblock implemented through MIP-3 to gradually adjust block time
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2023–2025: Community initiatives, Myriad Maze game, and educational guides
Ecosystem Overview
The Myriad ecosystem is built around community participation.
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Miners securing the network with different algorithms
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Wallets for storing and managing XMY
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Exchanges where XMY is traded
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Global volunteer community contributing to development
Key Features
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Multi-algorithm PoW support
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Independent difficulty per algorithm
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Geometric average difficulty calculation
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Consecutive block limit: 6
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AUX-POW support for SHA256d and Scrypt
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Coin control functionality
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Time warp attack protection
Official Links
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