
Ryo Currency (RYO)
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About Ryo Currency
Ryo Currency (RYO) is a privacy-focused cryptocurrency that aims to give users the highest degree of anonymity when transacting. With a focus on privacy, Ryo implements Ring Confidential Transactions to conceal every transaction within its network. This technology, combined with disposable ghost addresses and obfuscated transaction amounts, ensures truly anonymous and untraceable transactions. Ryo also prioritizes decentralization, aiming to prevent centralization caused by ASICS/FPGA/BOTNETS through the development of its Cryptonight-GPU algorithm.
Ryo Currency is designed to be fungible, meaning that, like cash, nobody knows who had possession of a specific coin before them. It offers a high level of privacy and strives to be untraceable by using ghost addresses for each transaction and enabling users to choose a new address for every transaction they receive. Ryo Wallet Atom and Ryo Wallet Quasar are user-friendly wallets that allow users to store, send, and receive Ryo on both PC and mobile platforms. These wallets and the desktop GUI wallet Atom also support features such as GPU SOLO mining and view-only wallets.
As a fork of Monero, Ryo Currency inherits the whitepapers and academic studies from CryptoNote and Monero Research Lab. The project has pioneered technologies such as Cryptonight-Heavy and Cryptonight-GPU mining algorithms and a uniform payment ID system. A vibrant community supports Ryo Currency and offers various resources such as mining pools, blockchain explorers, and online wallet generators. The development of Ryo Currency is driven by the pursuit of privacy and decentralization, ensuring that users can confidently transact with the highest degree of anonymity.
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