Rya

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This topic contains 2 replies, has 2 voices, and was last updated by  TheWireMaster 1 month ago.

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  • #9582
     TheWireMaster 
    Keymaster

    I have to admit that this is an interesting one! Nice to see an “old school” crypto project that does it for an ideal. At least this is how I see it.
    What is your opinion?

  • #9583
     shugo 
    Participant

    I have no idea what they are about? Can you please summarize their project/clone??;)

    • #9584
       TheWireMaster 
      Keymaster

      I think their post on bitcointalk pretty much summarizes the idea:
      https://bitcointalk.org/index.php?topic=4711929.0
      This I find pretty interesting:

      We are creating Rya to be both a stable medium of exchange and a fair store of value. The money market for Rya has a normal demand and supply curve and the rate at which money is created is dynamically adjusted to fit economic conditions. This way, we are neither limited by fixed supply nor require regulation.

      Their whitepaper on their website goes more into details: https://ryacoin.io/

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