Exchanges are facilities where you can sell or buy Nyancoin for various other currencies.
Note that by using exchange services, you are giving Nyancoins to a third party, who could disappear with the Nyancoins and never be seen again.
These exchanges have little or no regulation, they are not banks and do not have any of the safeguards that a bank does.
Trading in cryptocurrencies is a high risk, speculative activity with a very high possibility of substantial losses.
Do NOT purchase cryptocurrencies with money that you cannot afford to lose.
Currently there are no working exchanges that support Nyancoin, as all those previously used have closed for various reasons.
Nyancoins are created by complex mathematical calculations which process Nyancoin transactions into blocks - typically a new block is created every minute. It's possible to do this on a single computer, but a more realistic method is combining the efforts of many computers via a pool, so that all those involved can share the rewards of creating new Nyancoins.
Nyancoin uses the Scrypt alogrithm, so any Scrypt mining hardware can be used.
Open source paper wallet generator. Supports multiple currencies including Nyancoin.
Every new block of transactions is added to the list of previous blocks - the blockchain. The blockchain is a record of every Nyancoin transaction ever made.
Block explorers provide an easy method of viewing those transactions and obtaining useful information from them.
Other sites with information on Nyancoin and others
Updated 20 June 2020. Contact / impressum