ABOUT MONACOIN
Mona coin (Monacoin) is the first cryptographic currency in Japan that was born in December 2013
The famous ASCII art, "Mona" is a motif
Mona coin is not a centralized type that someone manages and operates, it is a fully distributed payment system maintained by a client program executed on each user's PC
Although the cryptographic currency tends to be strong speculatively in the world, the monetary coin tends to be used more frequently in other coins such as development of various services by the user, construction of the shrine, pseudo-punishment etc. It is a crypto-currency that continues to evolve on a community basis
The program is developed by Monacoinproject, but it does not issue or operate coins
Monacoinproject has nothing to do with current and former 2channel management and affiliates at all
TECHNICAL DETAILS
Algorithm: Lyra2RE(v2)
Block time: 1.5 minutes
Block reward: 25 MONA
105,120,000 total coins
Subsidy halves every 1051k blocks (~3 years)
Difficulty re-target: every block (Dark Gravity Wave v3)
not premined
