Monacoin, a popular virtual currency in Japan, was launched on a major internet bulletin board, 2ch, by an anonymous person called Mr. Watanabe. The name of the currency is derived from the popular ASCII art character, Mona.
What are Monacoin's top features?
Monacoin is primarily used as an easy and immediate payment option in some small shops as well as online stores. It is also used for tipping, which helped forming a unique community for itself. Monacoin uses the Proof of Work (PoW) system, the same system used by Bitcoin. Monacoin is the first to introduce the Segwit technology (short for Segregated Witness) in the world.
When was Monacoin launched?
Distribution of Monacoin started in Japan from January 1, 2014. The currency unit is Mona and the total volume of currency issued will be 105,120,000 MONA.
Who is in charge of Monacoin?
The Monacoin Project, which developed the programs for Monacoin, is not involved in the issuance or the management of coins. Monacoin is maintained by the Monacoin Network, formed by the client program.
Is it possible to buy or sell Monacoin (MONA) on bitFlyer?
Yes, it is possible to both buy and sell Monacoin on our platform. First, we recommend you to have a look at its current price on our Monacoin price chart.
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