MY IDENTITY COINMYID
About MY IDENTITY COIN
MYIDENTITY Coin (MYID) is a utility token used for tagging of cryptographic blocks with unique owner identifying code. The purpose of tagging blockchains with MYID coin coding is to reduce and ultimately eliminate threat of loss, theft or unfair confiscation.
How My Identity Coin Eliminates Global Blockchain Problem:
Over $1.4 billion USD worth of cryptocurrencies were lost in the FIRST five months of 2020. Thefts, frauds, hacks and negligent loss are major complications in the block-chain industry. Introducing My Identity Coin, the world’s first cryptocurrency enhanced with unique tagging technology that eliminates all major threats of loss ranging from breaching of security to cryptocurrency thefts by verifying each individual with coins uniquely coded with each owners identification.
The My Identity, MYID, blockchain is produced and maintained by a set of masternodes under a MYID consensus protocol. Under consideration, development and testing is a Proof-of-Stake Voting consensus, a Proof-of-Stake based blockchain protocol.