In this article Nyzo and its protocol will be discussed in detail — mainly because it’s remarkably different than what the current standard is for developers of protocols attempting to engage the community with its future prospects.

Nyzo utilizes a novel consensus mechanism dubbed Proof of Diversity.
If you are unfamiliar with the way the network works, it is recommended to read:

• Nyzo mesh: Time and diversity as a currency

This article will mainly focus on the protocol and its mediatory role which facilitates building in a democratic and decentralized fashion. …

Update 21062020: Fixed broken links pointing to old release note directory.

A lot has happened in the last year and the Nyzo developers have not stood still. The Nyzo network has been up and running for over a year now. It’s time to take a step back and relive the developments that have been released, which hurdles were conquered and what can be expected next.

While this article goes into detail about the challenges which have been tackled successfully and the enormous amount of effort that went into developing the chain from the launch date onward, it merely shines a…

O que é Nyzo? Nyzo é uma iniciativa open-source (código-aberto). A rede é descentralizada, democrática e altamente eficiente. O tempo por bloco é de apenas 7 segundos e o sistema escala perfeitamente para um grande volume de transacções.

Este não é apenas mais um fork copy-paste: não é um derivado de outro projecto, e não é apenas umas novas features ou uma pequena mudança de design em relação a outros projectos. É uma base de código totalmente nova, construída de raíz de modo a ser a criptomoeda mais eficiente, mais democrática e fácil de usar do mundo.

Tempo como moeda

A Prova de…

Wat is Nyzo? Nyzo is een open-source initiatief. Het netwerk is gedecentraliseerd, democratisch en zeer efficiënt. De block-time is slechts 7 seconden en het systeem past zich perfect aan aan hoge transactievolumes. Dit is niet weer een andere copy-paste fork: Dit is géén afgeleide van een ander project en het zijn niet slechts een paar nieuwe functies of een kleine ontwerpwijziging ten opzichte van andere projecten. Dit is een geheel nieuwe code-base, helemaal opnieuw opgebouwd om de meest efficiënte, meest democratische, gemakkelijkst te gebruiken cryptocurrency ter wereld te zijn.

Tijd als valuta

Bewijs van diversiteit vereist actieve participatie in de…

Nyzo ist eine Open-Source-Initiative. Das Netzwerk ist dezentralisiert, demokratisch und höchst effizient. Die Block-Zeit beträgt lediglich 7 Sekunden und das System skaliert daher sehr gut mit einem hohen Transaktionsvolumen. Nyzo ist nicht eine weitere Copy-und-paste-Fork und auch keine Abwandlung eines bereits existierenden Projekts sondern ein komplett neuer Code, der aus dem Nichts geschaffen wurde und darauf abzielt die effizienteste, demokratischste und benutzerfreundlichste Kryptowährung der Welt zu werden.

Zeit als Währung

Proof-Of-Diversity (Vielfältigkeitsnachweis) benötigt eine aktive Teilnahme in der Form von Zeit und Bestätigungungen von Prüfern, welche einen Einfluss auf die Blockchain als Ganzes haben. Diese Proof-Of-Diversity-Blockchain übt Autorität durch Verifikationszyklen…

¿Qué es NYZO?

Nyzo es una iniciativa de código abierto. La red se encuentra descentralizada, es democrática y extremadamente eficiente. El tiempo por bloque es de tan solo 7 segundos y el sistema se escala perfectamente a las transacciones de alto volumen. No se trata de otro proyecto más que ha sido plagiado, ni siquiera está basado ni es un derivado de otro proyecto; si no que se trata de un proyecto creado totalmente desde cero. El código base es totalmente nuevo, diseñado con la idea de ser la criptomoneda más eficiente, más democrática y más fácil de utilizar.

El…

This article is written by a Nyzo community member, not its developers.

In this article I will address and discuss the arguments against the Proof of Diversity consensus protocol and the influence of early entrants on the status quo of network diversity.

It is a topic that often sparks heavy debate in regards to new cryptocurrencies, Bitcoin being no exception. I will start off by sketching a timeline of events that have led up to the current state of the Nyzo project and why I believe that there can only be one Nyzo, as there can only be one Bitcoin.

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What is Nyzo?

Nyzo is an open-source initiative. The network is decentralised, democratic and highly efficient. The block time is just 7 seconds and the system scales perfectly to high transaction volumes. This is not yet another copy-paste fork: this is not a derivative of another project, and it is not just a few new features or a slight design change from other projects. This is an entirely new codebase, built from scratch to be the most efficient, most democratic, easiest-to-use cryptocurrency in the world.

Time as a currency

Proof of diversity requires active participation in the form of time and verifier behaviour in the blockchain to…