MonetaVerde (MCN)

MonetaVerde

(MCN)

Information:

Blockchain: MonetaVerde
Ticker: MCN
Type: Cryptocurrency
Proof type: Proof of Work (PoW)
Algorithm: CryptoNight
Block time (sec): 60

Market Cap:

Supply:

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MonetaVerde Price Chart

MonetaVerde Price

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What is MonetaVerde?

“Moneta Verde is the first cryptocoin with blockreward increasing together with difficulty.

Block reward formula is a fixed point implementation of log2(difficulty). This means that block reward increases much slower than difficulty: for 1 coin to be added to block reward a difficulty must be increased twice. This rate looks to be reasonable.


The goal is decline in deflation. The less the deflation the more it is profitable to save up some MCN. Deflation ruins the usage of cryptocurrency as a legal tender. I suppose the deflation wouldn’t be gone entirely but will decrease significantly.

And the infinite emission is the outcome of a positive feedback, it is not an end in itself.”

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