Description
MonaCoin (MONA) is an open-source digital currency and peer-to-peer payment network, recognized as Japan's first cryptocurrency. Launched on January 1, 2014, and conceived by the pseudonymous Mr. Watanabe, it began with no premine. MonaCoin is a hard fork of Litecoin and employs the Lyra2REv2 and Dark Gravity Wave v3 algorithms for fair mining conditions. It has implemented Segwit and the Lightning Network to enhance transactions and network performance. Although primarily popular in Japan, MonaCoin is gaining international recognition and has been used for notable transactions, such as purchasing land. The currency has a total supply of 65,729,674.871168 MONA and trades on 23 markets, with a recent 24-hour trading volume of $38,720.87 and a price of $0.32382315, reflecting a 21.28% increase. Despite lacking a formal roadmap, the team consistently updates the system to improve user experience. More information is available at http://monacoin.org.
MonaCoin (MONA) is an open-source digital currency and peer-to-peer payment network, recognized as Japan's first cryptocurrency. Launched on January 1, 2014, and conceived by the pseudonymous Mr. Watanabe, it began with no premine. MonaCoin is a hard fork of Litecoin and employs the Lyra2REv2 and Dark Gravity Wave v3 algorithms for fair mining conditions. It has implemented Segwit and the Lightning Network to enhance transactions and network performance. Although primarily popular in Japan, MonaCoin is gaining international recognition and has been used for notable transactions, such as purchasing land. The currency has a total supply of 65,729,674.871168 MONA and trades on 23 markets, with a recent 24-hour trading volume of $38,720.87 and a price of $0.32382315, reflecting a 21.28% increase. Despite lacking a formal roadmap, the team consistently updates the system to improve user experience. More information is available at http://monacoin.org.
