Qyno Project is Qyno Coin (QNO) is a digital currency based on the latest blockchain technology and network architecture to provide seamless, instant, and low cost transactions secured by masternodes. It embeds anonymous characteristics with nearly no-cost transactions and grants businesses the capability to trade different assets and goods in a secure manner reacing their ambitious financial objectives. Qyno aims to bring the cryptocurrency world closer to the real world through the use of Qyno Coin, our highly applicable and adoptable digital currency. Qyno Coin (QNO) is embedded with InstantSend and PrivateSend featurues, making QNO transactions instant, anonymous and nearly free to send. With Qyno, businesses finally have a solution for trading assets and goods in a secure, low-cost environment that allows them to reach their financial objectives.
From the outset, the pillar of the Qyno project will be the Qyno coin, a utility coin with two aims.
First, the Qyno coin will function as a stable asset enabling the development of the project's ecosystem.
Second, the Qyno coin will reward masternode operators with industry-leading ROI, as masternode operators will earn a generous passive income due to a staggering 90% block reward. The purpose of such a mammoth block reward is to create a very high incentive for masternode operators working to secure the network.
Qyno learned from the existing blockchains, addresses the limitation of them and came up with new idea to revolutionized the technology. Bitcoin may be just such a predecessor, yet there isn't enough being done in the blockchain space to move beyond its slow transaction times and exorbitant fees. The Qyno team is concurrently developing functionalities in addition to current milestones as part of the Qyno foundation protocol. The allocation of development resources to research means the Qyno team is perpetually refining and advancing its product for the ease and adoption of users worldwide.
Traditional financial systems are more than just payment solutions; they're entire ecosystems aimed at capturing all of the financial activity present in society. The difference between traditional and blockchain based financial systems is that traditional, or centralized systems, rely on third parties for processing data and require high financial upkeep for executives, presidents, and trustees. Decentralized, blockchain based solutions such as Qyno are able to capture the same financial ecosystem without any of the costs associated with third parties, CEO's, or brick and mortar locations. Because of this, Qyno is able to offer users and merchants alike eCommerce solutions at fractions of the traditional costs.
Users required to have 5,000 QYNO to setup the masternode (Masternodes provide next-level validation for blockchain networks in ways that standard mining can not, as well as enabling functions beyond what standard proof of work algorithms are capable of, essentially, masternodes are decentralized servers which host a wallet holding the masternode-enabled cryptocurrency within. ) of Qyno Coin as a collateral to prevent Sybil attacks on the network, whereby attackers will be able to setup numerous masternodes and interfere with network operations.
Users seeking a high-return masternode for earning passive income needn't look further than Qyno. With a low cost of entry at 5,000 Qyno per masternode, users can experience the simplicity of generating a return on their investment while sleeping by simply depositing the required amount of coins in their Qyno wallet and getting their masternode started.
After becoming a Qyno masternode operator, annual masternode ROI of 21977% can provide a handsome passive income. Using the Qyno masternode monitor allows operators to keep an eye on the return generated by their masternode and toggle additional features.
Qyno uses NeoScrypt Algorithm : NeoScrypt is a ASIC resistant proof of work algorithm that it is stronger cryptographically and its less memory intensive algorithm while it's providing a fair return to miners.
Maximum supply of Qyno is 100,000,000. It is the maximum amount of coins to be created.
Blocks are generated after every 60 sec. The block generation time set the time need to mine a block. Block time is set as a constant ensure that miners computational power will not impact the security of the network.
Wallet for Windows, Linux, Mac, Rasberry platform are almost completed while for Android and IOS, it is under development.
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https://www.qyno.org/Checkout this amazing project!!