MonaCoin is an open source digital currency and a peer-to-peer (p2p) payment network. Dubbed by its creators as “the first Japanese cryptocurrency,” the coin has become somewhat of Japan’s national alternative to Bitcoin or Litecoin. Like its predecessors, the coin was created purely to serve as P2P electronic cash, a decentralized digital currency aimed at Japanese citizens. There are a few key differences that set it apart from the coins that came before it, and this guide is dedicated to drawing out these differences. Conceived in December of 2013, Monacoin was officially born on January 1st, 2014 with no premine. A Bitcoin Talk Forum on the same date details the coin’s launch and its specifications. A soft fork was executed at block 937440 to implement Segwit, a move made to keep it in line with Bitcoin, Litecoin, Vertcoin, and other payment-focused cryptocurrencies. In addition, the Monacoin team has reportedly implemented the Lightning Network for their coin. Speaking of soft forks, Monacoin is actually a hard fork of Litecoin, something we’ll take into account further as we look into its specs below. Monacoin was originally founded by the pseudonymous Mr. Wantanabe, no doubt in homage to Bitcoin’s Satoshi Nakamoto. Besides this pen name, the rest of the coin’s team is completely anonymous, so there’s nothing to report on here. In addition, the project has no visible roadmap on its site or anywhere else online. The team does seem to stay on top of updates and upgrades, however, as the Segwit and Lyra2REv2 updates and Lightning Network implementation suggest. It is popular in Japan where it was developed. It Uses Lyra2REv2 and Dark Gravity Wave v3 algorithm to ensure fairer mining opportunities, success rate and difficult levels of mining process respectively. Monacoin is the first cryptocurrency from Japan. It has received wide support and success in the country and is not crossing the national boundary to try and become a global phenomenon. While that is not going to happen in the next year or two, it does have the making of a good crypto token. It is steadily improving its service and has constantly strived to give its users the best possible experience. When Scrypt compliant ASIC miners appeared they switched to Lyra2REv2 to ensure the mining MONA remains a fair battle between miners from around the world. The instance of a Japanese national using Monacoin to buy land made news in the country and beyond, spreading the popularity of the coin.
MonaCoin is a cryptocurrency that was established at 2014-01-01. Daily trade volume is 249,584 CNY.
The MonaCoin price today in CNY is 2.54. Through the MonaCoin price history, the price ranges from 108.77 CNY (all time high) to 0.127683 CNY (all time low). MonaCoin price last 24 hours fluctuated from 2.55 CNY (24h high) to 2.44 CNY (24h low).
Check the MonaCoin value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: http://monacoin.org/
Block explorers: https://blockbook.electrum-mona.org/ https://mona.tokenview.com/ https://bchain.info/MONA/
Forums: https://askmona.org/ https://web3.askmona.org/
Reddit: https://www.reddit.com/r/monacoin
Twitter: https://twitter.com/tcejorpniocanom/
Facebook: https://facebook.com/Monacoin2014/
MonaCoin live price may differ in various exchanges. Check MONA real-time data to make informed decisions.
You can buy MonaCoin on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell MONA at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT MonaCoin trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of MonaCoin and trade with REVENUEBOT in less than a second.
In short, only if the current value of MonaCoin will be less than the value of MonaCoin at the moment of selling in the future. The MonaCoin chart can only assist the MonaCoin value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current MonaCoin value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the MONA supply. Check the MonaCoin live chart to see the current supply and predict how long it will take for the coins to run out.
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