Ryo

Coin symbol: RYO
Coin Units:
1 nanoRyo  = 0.000000001 RYO (10-9-the smallest coin unit)
1 microRyo = 0.000001 RYO (10-6)
1 milliRyo = 0.001 RYO (10-3)

Hash algorithm: CryptoNight GPU

Total supply: 88,188,888 coins in 20 years (including 8M dev. fund emitted together with the block reward over 6 years.), then 263,000 coins will be emitted yearly to account for inflation. More than 80 million coins are available for community mining.

8,790,000 Ryo coins were burned to get rid of the original Sumokoin premine. Additionally, 100,000 coins were premined and instantly unlocked to Sumokoin devs in 2017.

The pre-mined coins have been frozen/burned in commit c3a3cb6/  blockchain_db/blockchain_db.cpp#L250-L258 as announced on reddit. Emission scheme: Ryo'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 Ryo is generally not that far apart from Bitcoin.

Digital Cash For Highly-Confidential Transactions

Private

Ryo 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-proof

The Ryo implements Cryptonight-GPU ASIC Resistant algorythm. Ryo, 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, Ryo has pioneered technologies such as Cryptonight-GPU, which have been used by numerous other Monero forks.

Untraceable

Ryo is untraceable; sending and receiving addresses are encrypted, transacted amounts are obfuscated by default. Transactions on the Ryo blockchain cannot be linked to a particular user or real-world identity.

Decentralized

Ryo 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 Ryo safe.

Fungible

Ryo is truly fungible, thanks to built-in privacy features. Just like cash, all Ryo are equal, changeable. It is extremely unlikely that coin will ever be blacklisted by any party due to its association in previous transactions

Anonymous

Ryo 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.

WHY YOU SHOULD INVEST IN RYO

We have Roadmap that runs since 2017, and partially have already been completed succesfully. So we have a clear plan what to do, and what features to implement.

Responsible DEV team: both Fireice_uk, psychocrypt - are well known figures in crypto-world: creators of XMR-stak, former contributors to Monero coin project, that proved themselves by as top-grade specialists, that will result in the most technological asic-proof e-currency in near future.

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

Initially, the core team will consist of the following members: Fireice_uk and psychocrypt (the developers behind xmr_stak) will take leadership of all core programming on the daemon and command line wallet binaries. Mosu_forge will continue on the GUI wallet coding he started early in April. Certain team members will support the community and act as liaisons for the moment. As more projects are put on the roadmap, members of the community will be pulled into more roles,as well as new programmers will be added to the team.

Core developers: @Fireice_uk, @psychocrypt, @mosu_forge
Contributing Team: @RyoRU, @Nostradamus411, @Kesior

Credit is due to the Monero Project. Without it Ryo would not be possible. Monero is a great project, but the Ryo 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.