I do have one question is it 30 second block timers? I see people talking about 2880 blocks a day that would mean it is 30seconds per. Is that true dev?
I'll quote the following as it does a good job of explaining in simple terms what's going on behind the scenes in regards to block generation
The five algorithms include SHA256D used by Bitcoin, Scrypt used by Litecoin (and the majority of altcoins) as well as Skein and Groestl which are generally GPU mined and Qubit designed for CPU mining. Here is an explanation of how it all works taken from the announcement thread:
Each proof of work algorithm has its own independent difficulty.
Any algorithm can find the next block.
All the algorithms use the same difficulty adjustment method.
On average, each algorithm has the same chance of finding the next block.
Each algorithm aims for a block generation time of 2.5 minutes.
Over the five algorithms, a block should be found on average every 30 seconds.
The multi algorithm approach taken by the Myriadcoin team helps to encourage even distribution. For example imagine four miners. Two with $10,000 scrypt ASICs and two with GPUs mining using the skein algorithm. The GPU miners will solve as many blocks as the Scrypt ASICs since each algorithm has the same chance of solving the next block.
So yes it *should* even out to about 30 second block times or 2880 blocks per day if we get miners on all 5 algorithms.