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About Nyzo

Launched on 13/09/2018 by a team of anonymous developers, Nyzo uses a proprietary proof-of-diversity consensus mechanism – The verifiers take turns producing blocks in a circular order, creating a cycle. Some simple consensus rules ensure that verifiers are neither added nor removed from the cycle too fast.

How do I buy cryptocurrency?

While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.

To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.

Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.


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