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

2022-11-14

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by Our Founder/CEO&CTO Hiroyuki Chishiro

  • He has been involved in 12 years of research on real-time systems.
  • He teaches OS (Linux kernel) in English at the University of Tokyo.
  • From September 2012 to August 2013, he was a visiting researcher at the Department of Computer Science, the University of North Carolina at Chapel Hill (UNC), Chapel Hill, North Carolina, United States. He has been involved in research and development of real-time Linux in C language.
  • He has experienced in more than 15 years of programming languages: C/C++, Python, Solidity/Vyper, Java, Ruby, Go, Rust, D, HTML/CSS/JS/PHP, MATLAB, Verse (UEFN), Assembler (x64, ARM).
  • While a faculty member at the University of Tokyo, he developed the "Extension of LLVM Compiler" in C++ language and his own real-time OS "Mcube Kernel" in C language, which he published as open source on GitHub.
  • In January 2020-Present, he is CTO of Guarantee Happiness LLC, Chapel Hill, North Carolina, United States, in charge of e-commerce site development and web/social network marketing. In June 2022-Present, he is CEO&CTO of Japanese Tar Heel, Inc. in Chapel Hill, North Carolina, United States.
  • We have been engaged in disseminating useful information on AI and Crypto (Web3).
    • We have written more than 20 articles on AI including AI chatbots such as ChatGPT, Auto-GPT, Gemini (formerly Bard). He has experience in contract work as a prompt engineer, manager, and quality assurance (QA) for several companies in San Francisco, United States (Silicon Valley in the broadest sense of the word).
    • We have written more than 40 articles on cryptocurrency (including smart contract programming). He has experience as an outsourced translator of English articles on cryptocurrency into Japanese for a company in London, England.

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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.

These videos explain Monacoin.

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

How to Buy Monacoin

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).

Summary

This article introduced Japan's first cryptocurrency, Monacoin.

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

Open your account on our recommended cryptocurrency exchanges!

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