What is Myriadcoin?

Emil Karlsson
Myriadcoin
Published in
2 min readOct 30, 2021

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Myriadcoin is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Myriadcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Myriadcoin Core is the name of open source software which enables the use of this currency.

For more information, as well as an immediately usable, binary version of the Myriadcoin Core software, see http://www.myriadcoin.org, or read the original Bitcoin whitepaper.

Myriadcoin is distinct from Bitcoin in that it pioneered the use of multiple independent PoW algorithms on the same chain. As of today Myriadcoin have implemented seven different algoritms and five of them is still active; SHA256d, Scrypt, Myr-Groestl, Argon2d and Yescrypt (Qubit, Skein).

Myriadcoin Improvement Proposals

Documentation and status of Myriadcoin technical improvements beyond those implemented in the Bitcoin BIP process.

  • MIP0 Changes before the MIP process, Hardfork(s), Accepted
  • MIP1 Equihash Algo Change, Hardfork, Withdrawn
  • MIP2 Reserve Algorithm Bits, Softfork, Accepted
  • MIP3 Longblocks, Hardfork, Accepted
  • MIP4 Argon2D Algo Change, Hardfork, Accepted
  • MIP5 GetGeometricPrevWork2 (openssl bignum removal), Softfork, Accepted

Development Process

The master branch is occasionally built and tested, but is not guaranteed to be completely stable. Tags are created regularly to indicate new official, stable release versions of Myriadcoin Core.

The developer subreddit should be used to discuss complicated or controversial changes before working on a patch set.

Developer IRC can be found on Libera.​Chat at #myriadcoin.

How do I contribute to Myriadcoin?

The contribution workflow is described here.

License

Myriadcoin is a software fork of Bitcoin Core and inherits the terms of the MIT license. See COPYING for more information or see https://opensource.org/licenses/MIT.

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