RyoCurrency - Privacy without compromise
The fallout from Sumokoin's premine SNAFU and their rash decision to hard fork back to ASIC friendly Cryptonight algorithm resulted in a community backed effort to maintain the original intent of the project of improved privacy and to stay true to GPU miners with CN-Heavy
At block height 137500 what is currently SUMO/RYO have transitioned into RYO and SUMO. Now they are running on a separate chains.
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-Heavy 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-Heavy, 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.
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.
- Lead Programmers (C++ development, daemon): Fireice_uk, psychocrypt
- Contributors: mosu_forge
- PR Team: Soapy Fresh, Nostradamus411, Kesior, Allochtoon
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.
Ryo initial release to stay with CryptoNight Heavy and burn the pre-mined coins. We implemented replay protection to stop your money being stolen because others couldn't or wouldn't do it. Wallets:
The Ryo GUI Wallet is a user friendly, easy to learn wallet that lets you store, send and receive Ryo. It is one of the most easy to use and intuitive wallets around. Available as a full-node version. Light-node version is coming soon. GUI Wallet v0.1.0 The first release of the Ryo-currency GUI wallet is here. Includes new features such as dark theme, resizable windows, and testnet mode (advanced users only)
This release also includes the newest ryo daemon v0.1.0 "NOASIC" which includes replay protection, so you should update your GUI wallet from Sumokoin v0.0.4.
For now, just the Linux x64 and Windows x64 Zip builds are here. Soon we will release the Windows installer package and Mac binaries.
You will have to resync the blockchain from scratch as it saves in a new location. It should be possible to copy the blockchain from the sumo wallet over, but as soon as we pass the fork height, that won't be possible.
You should restore your wallet with your seed words and wait for the sync. Other future wallet implementations:
- - Multi-Signature Wallet Implementation
- - Micro-Payment Channel Feasibility Study
- - Web/Online Wallet
- - XMR-Stak GUI Interface
- - Bulletproof Implementation
- - Mobile Wallets for Android & iOS Devices
- - Micro-Payment Channel Implementation