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MonaCoin

MONA
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MonaCoin (MONA)

What is MonaCoin?

MonaCoin is an open source digital currency and a peer-to-peer (p2p) payment network. Dubbed by its creators as “the first Japanese cryptocurrency,” the coin has become somewhat of Japan’s national alternative to Bitcoin or Litecoin. Like its predecessors, the coin was created purely to serve as P2P electronic cash, a decentralized digital currency aimed at Japanese citizens. There are a few key differences that set it apart from the coins that came before it, and this guide is dedicated to drawing out these differences. Conceived in December of 2013, Monacoin was officially born on January 1st, 2014 with no premine. A Bitcoin Talk Forum on the same date details the coin’s launch and its specifications. A soft fork was executed at block 937440 to implement Segwit, a move made to keep it in line with Bitcoin, Litecoin, Vertcoin, and other payment-focused cryptocurrencies. In addition, the Monacoin team has reportedly implemented the Lightning Network for their coin. Speaking of soft forks, Monacoin is actually a hard fork of Litecoin, something we’ll take into account further as we look into its specs below. Monacoin was originally founded by the pseudonymous Mr. Wantanabe, no doubt in homage to Bitcoin’s Satoshi Nakamoto. Besides this pen name, the rest of the coin’s team is completely anonymous, so there’s nothing to report on here.

Key Facts & Snapshot

  • Symbol: MONA
  • CoinGecko id: monacoin
  • Market cap rank (CoinGecko): #1452
  • Categories: Smart Contract Platform, Meme, Proof of Work (PoW)
  • Genesis / launch date: 2014-01-01
  • Circulating supply (snapshot): 105,120,000
  • Total supply (snapshot): 105,120,000
  • All-time high (USD, CoinGecko): $16.45 (Dec 6, 2017)
  • All-time low (USD, CoinGecko): $0.0209 (Jan 8, 2015)

Market (USD snapshot)

  • Market cap (USD, snapshot): $6.60M
  • 24h volume (USD, snapshot): $10.65K
  • Fully diluted valuation (USD, snapshot): $6.60M
  • 24h price change (snapshot): +0.87%

Network & protocol

  • Hashing / consensus (CoinGecko): Lyra2RE
  • Block time (CoinGecko): 1 min

Community & code (CoinGecko)

  • GitHub stars (main repo, CoinGecko): 330
  • GitHub forks (main repo, CoinGecko): 97

Official & Community Links

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MonaCoin Sectors

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MonaCoin is tracked in the following market sectors on Best Info Crypto. Each page shows live aggregate data for that category.

Guides for MonaCoin Holders

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