What is Monacoin? Japan's First Cryptocurrency [How to Buy]

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What is Monacoin?

Monacoin is Japan's first cryptocurrency, created in December 2013.

NOTE: The official version of Monacoin was released on January 1, 2014.

Monacoin is based on the famous ASCII art "Mona" on 5ch (formerly 2ch).

Also, Monacoin was developed by Mr. Watanabe, who operated "2chpool," a mining pool for Litecoin and other cryptocurrencies.

The mining algorithm for Monacoin is Lyra2REv2, which is Proof-of-Work (PoW) and ASIC-resistant.

Prior to the 450,000 blocks, scrypt was used.

Monacoin is a fork of Bitcoin, developed in the C++ language and published on GitHub.

$ git clone https://github.com/monacoinproject/monacoin

1	$ git clone https://github.com/monacoinproject/monacoin

These videos explain Monacoin.

There is also a video of "Hiroyuki" (Hiroyuki Nishimura), the founder of 5ch (formerly 2ch)!

We introduce how to buy Monacoin.

The main cryptocurrency exchange where Monacoin can be purchased is CoinEx (click here for cryptocurrency exchanges where you can trade).

: What is CoinEx? Cryptocurrency Exchange where Monacoin can be traded

We can help you with your concerns. What is CoinEx? CoinEx is a UK cryptocurrency exchange where Monacoin can be traded. ViaBTC, a mining company, founded CoinEx in Hong Kong in 2017, but has now moved its headquarters to the UK. If you would like to know more about Monacoin, please read the following article! CoinEx has the following features. High security (cold wallet for customer assets and multi-sig support) 100x leverage trading (Japanese exchanges have a maximum leverage of 2x) Exchange token CET is available as a reward. Abundant asset management services such as lending Monacoin, Japan's first cryptocurrency, ...

This article introduced Japan's first cryptocurrency, Monacoin.

Monacoin is based on the famous ASCII art "Mona" on 5ch (formerly 2ch).

: Recommended Cryptocurrency Exchanges for US Residents

Centralized Exchanges Decentralized Exchanges