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All Cryptos > MonaCoin (MONA)

MonaCoin (MONA)

#55

Monacoin (MONA) is a decentralized, open-source cryptocurrency forked from Litecoin and propelled in January 2014 in Japan. Contrasted with its parent, the total coin supply is set to four times that of Litecoin (105 million), while the mining difficulty is re-focused on each piece utilizing the Dark Gravity Wave difficulty calculation. The coin’s piece time era of 1.5 minutes is speedier than Litecoin’s 2.5 minutes. Monacoin was propelled with a 0% pre-mine.


MonaCoin (MONA) Pros | 5

This coin is widely known in Japan, where it was developed, and there are many web markets that exchange products and services with MONA.

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offers both private and transparent transaction types

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The Lyra2REv2 algorithm is working very well on Nvidia-based mining equipment. So the current profitability of equipment increases substantially.

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Segwit-activated, making it more efficient.

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Been on the market for a while (first japanese crypocurrency)

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MonaCoin (MONA) Cons | 2

Much lesser known than Litecoin, the crypto it was based upon.

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Mainly for japanese audience

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