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Ryo Currency
infrastructureapplicationsdefi
Ryo Currency is a privacy coin based on a proof-of-work consensus mechanism. It is similar to other privacy coins like Monero (XMR) or Z-Cash (ZEC), since it is actually a fork of Monero. Ryo aims to be a privacy-focused cryptocurrency that can be easily used by average users. Its high privacy setting makes Ryo suitable for all high confidential transactions as well as for storage of value without being traced, monitored or identified. To achieve this goal, it focuses on several key areas: Developing and maintaining the Ryo wallets; Working with payment gateways to make Ryo widely accepted among merchants; Improving coin security, untraceability, privacy and speed; Spreading awareness about Ryo.
Ecosystems:
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Use Cases:
walletscurrencyinfrastructure
Openness
| Project Phase | MAINNET |
| Project Launch Day | APR 30TH, 2017 |
| Assets Used | NOT AVAILABLE |
| Native Token | RYO |
Technology
| Open Source | Yes |
| Decentralized Storage | Yes |
| Upgradability | No |
| Peer to Peer (P2P) | Supported |
| Asset Custody | non-custody |
| Technology Type | No data available |
PrivacyEnabled by default
| Know Your Customer (KYC) | Not Required |
| Privacy Policy | Not Defined |
| Compliance | No data available |
| Sign-in Requirements | seedwallet |
| Collected Data | No data available |
| Data Usage | No data available |
Security
| Technical Dependency | Not available |
| Social Dependency | Not available |
| Third-party Dependency | Not available |
Audits
No security audits available for this project.