Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [NYZO] Nyzo (Nyzo.co) | Proof of diversity | Fairly distributed | Original
by
zero24x
on 28/12/2019, 17:26:12 UTC
Can this coin be "mined" on Windows machine?

Can it be traded? Why does it exist?


Hi,
I'm just an user, no team member, I try to answer:

Nyzo can be traded here on multiple exchanges, see here: https://www.coingecko.com/en/coins/nyzo/trading_exchanges#panel

You can "mine" by setting up an verifier (works on a windows server with fixed ipv4 address), be aware there is a waiting period before you can join. For more details check their website, discord, replies in this thread etc.


The proof of diversity consesus is an innovative concept, I quote their whitepaper:

"Nyzo is an open-source, highly decentralized, democratic, and highly efficient blockchain. The block time is seven seconds, and the system scales well to high transaction volumes. This is not like most of the new coins you see: 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 all-new code, built from the ground up to be the most efficient, most democratic, easiest-to-use cryptocurrency in the world. "

See https://nyzo.co/whitePaper

Thanks for the info.
This project looks interesting.. a bit similar to O-byte, but without the bad management.
Since I only have Windows based systems, is it possible to run a virtual machine inside which I can run a verifier?

Have you tried it and can you recommend a certain VM?


Hi,
it's best to go to their discord (link on 1st page) and ask people there who have experience, I heard you can rent virtual machines with linux for a few dollars per month and use them but there is a big line of people waiting to join, they should be able to answer all this questions in their discord.

Thanks for the info. I'm afraid I don't have time to examine some secret coin which holds it's knowledge at selected people in a chat channel.

It's a lot faster to chat with people in realtime in their discord than to write here.

Here you find a suggestion how to run your node: https://github.com/n-y-z-o/nyzoVerifier/blob/master/README.md