Welcome to Ryo Original
The idea behind Ryo Original:
PRIVACY, HONESTY and TRANSPARENCY for eveRYOne
We acknowledge the quality of the code written by fireice_uk and psychocrypt. However we disagree with the decision to add a "dev fund" as we think development should be rewarded in other ways. This is why we have forked Ryo's base code before the update that enabled a "dev fund" of 25641 Ryo to be transferred every week to a wallet only the Ryo core team have access to. We will backport all the improvement in the code as soon it becomes available, and probably bring extra improvements of our own to Ryo Original.
RYOO continues RYO's blockchain, before the dev-fund was implemented (the chain that was dropped at block 161.500).
Digital Cash For Highly-Confidential Transactions
PrivateRyoO is created with a high level of privacy in mind, setting Ring Confidential Transactions (RingCT) with minimum ringsize (mixin) of 12 to conceal sources/amounts transferred and make it high resistance to blockchain analysis.
ASIC-proofThe RyoO implements Cryptonight-Heavy ASIC Resistant algorythm. RyoO, as a fork from Monero which itself was initially based on the CryptoNote protocol, inherits all whitepapers and academic studies from CryptoNote and Monero Research Lab. Additionally, RyoO has pioneered technologies such as Cryptonight-Heavy, which have been used by numerous other Monero forks.
UntraceableRyoO is untraceable; sending and receiving addresses are encrypted, transacted amounts are obfuscated by default. Transactions on the RyoO blockchain cannot be linked to a particular user or real-world identity.
DecentralizedRyoO follows Satoshi Nakamoto's vision of decentralized, trustless cryptocurrency, i.e. a secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus, and then recorded on the blockchain immutably. Third-parties do not need to be trusted to keep your RyoO safe.
FungibleRyoO is truly fungible, thanks to built-in privacy features. Just like cash, all RyoO are equal, changeable. It is extremely unlikely that coin will ever be blacklisted by any party due to its association in previous transactions
AnonymousRyoO allows you to use a new ghost address for every transaction you receive. Never receive coins with the same address twice, reducing the chance of linking your transactions to your spending habbits.
COIN SUPPLY & EMISSION
- Total supply: 80,000,000 coins in 20 years, then 263,000 coins will be emitted yearly to account for inflation.
- All coins are available for community mining.
- The pre-mined coins have been frozen/burned. Unlike in RYO, those burned coins have not been reintroduced in form of a dev-fund again in RYOO.
- Coin symbol: RyoO
- Coin Units:
- 1 nanoRyoO = 0.000000001 RyoO (10-9-the smallest coin unit)
- 1 microRyoO = 0.000001 RyoO (10-6)
- 1 milliRyoO = 0.001 RyoO (10-3)
- Hash algorithm: CryptoNight Heavy(Proof-Of-Work)
- Emission scheme: RyoO's block reward changes every 6-months according to the following "Camel" distribution*. Our emission scheme is inspired by real-world mining production comparable to crude oil, coal and gas which is often slow at first, accelerated in the next few years before declining and becoming depleted. However, the emission path of RyoO is generally not that far apart from Bitcoin.
WHY YOU SHOULD INVEST IN RyoO
- We have the same privacy-focused features RYO has. We claim to be the most private digital currency in the world.
- We do not have a premine nor a dev-fund. We do not pay our developers. They do the work for free. All coins in circulation have been mined by RYOO's community. This ensures that the funds are shared in the most decentralised way: Only by public mining.
- We have active community: people are welcomed to ask their questions and the members of DEV team find time to support community across their tough schedule via various social media channels.
THE TEAM
We will introduce the team on our social media channels for now. An official team information on this ANN will follow in a short time.
Credit is due to the Monero Project. Without it RyoO would not be possible. Monero is a great project, but the RyoO Team believes we can create a more secure cryptocurrency by enabling higher mixins from the start and implementing features such as anonymous transaction broadcast and faster elliptic curve crypto that improves on our predecessor.
WALLETS
For now, we kindly ask our users to use the CLI-Wallet. Different GUI wallets will be released very soon.
GUI Wallet:
Current version: v1.0.2
Binaries (cli wallet):
Current version: v1.0.1
- Source code and binaries: Github
Other future wallet implementations:
- Micro-Payment Channel Feasibility Study
- Web/Online Wallet
- Bulletproof Implementation
- Mobile Wallets for Android & iOS Devices
- Micro-Payment Channel Implementation
MINING POOLS and BLOCKCHAIN EXPLORER
We have ddos-protected official mining pool, and more pools are going to be added in nearest future.
EXCHANGES
- We hope to announce our first exchange-listing soon.
SOCIAL MEDIA