We can help you with your concerns. You can learn from us. 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 ...