Cyberyen $CY

Cyberyen is an innovative cryptocurrency that operates on a decentralized peer-to-peer payment network. It enables instantaneous, virtually costless transactions globally, without the need for a central authority. Utilizing its open-source software, Cyberyen Core, any individual can operate a node on the Cyberyen blockchain network.

Scrypt Hashing Method

The unique feature of Cyberyen is its Scrypt hashing method that is used to confirm the work. This method makes it a secure and reliable platform for transactions and has been adopted by several other cryptocurrencies in the industry.

Litecoin Hybrid with New Block Parameters

Cyberyen is a hybrid grown from Litecoin with the addition of new block parameters. This cryptosystem takes the best features of Litecoin and adds its own unique parameters, giving it an edge over its predecessor.

Mimblewimble Protocol

Specially, Cyberyen utilizes the Mimblewimble Protocol, a feature that ensures the confidentiality of transactions. With this protocol, the amount transferred is known only to the sender and the recipient. Moreover, it provides the benefit of having a personal address balance and increased transaction throughput.

Cyberyen's Governance Model

Cyberyen operates under a "bottom-up" governance model. In this system, each node operator self-governs, ensuring that no one else on the network breaks the rules they agreed to. This embodies the essence of Cyberyen's philosophy: anarchy - without rulers, but not without rules. This strategy fosters a sense of individual responsibility among network members and contributes to the overall integrity and stability of the network.