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When was the NYM (NYM) coin issued?
The genesis block of NYM (NYM), a privacy-focused cryptocurrency designed to protect user anonymity, was mined on March 19, 2022.
Dec 22, 2024 at 08:15 pm
When Was the NYM (NYM) Coin Issued?
Key Points:
- NYM's genesis block was mined on March 19, 2022.
- The coin was launched publicly with an initial circulating supply of 100 million tokens.
- NYM is a privacy-focused cryptocurrency designed to protect user anonymity.
Detailed Content:
Issuance Date:
- NYM was created by the NYM Technologies foundation, a non-profit organization dedicated to privacy and anonymity.
- The coin's genesis block was mined on March 19, 2022, and the public launch followed shortly after.
Circulating Supply:
- At launch, NYM had an initial circulating supply of 100 million tokens.
- The total supply of NYM is capped at 1 billion tokens, with the remaining supply to be released gradually over time.
Purpose of NYM:
- NYM is unique in that it prioritizes user privacy by incorporating advanced cryptography and anonymization techniques.
- The coin is designed to protect users' identities and transactions from surveillance or tracking.
- NYM's anonymity features make it well-suited for use in privacy-sensitive applications, such as whistleblower protection and secure communications.
Potential Benefits:
- Enhanced privacy: NYM offers a robust solution for individuals who wish to protect their anonymity in online transactions.
- Decentralization: NYM operates on a decentralized network, providing resilience against censorship or malicious activity.
- Scalability: The NYM protocol is designed for scalability, allowing it to handle a growing number of users and transactions efficiently.
FAQ:
When was NYM first announced?
- NYM was first announced on September 22, 2021.
Who created NYM?
- NYM was created by the NYM Technologies foundation.
What is the maximum supply of NYM?
- The maximum supply of NYM is 1 billion tokens.
What are the main use cases for NYM?
- NYM can be used for private transactions, whistleblower protection, secure communications, and more.
Is NYM available on exchanges?
- Yes, NYM is available on several major cryptocurrency exchanges, including Binance, KuCoin, and Gate.io.
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