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. 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. 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. 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. 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. 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.
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