Mooncoin Hardfork Info Unveiled

Mooncoin Team is going to implement many interesting features
19 February 2018   6363

The Mooncoin fork will be implemented at Block 1.250.000. According to the team, this fork will not include a burn of coins and this fork will not generate another coin as Bitcoin Cash fork did.

Mooncoin hard fork infoMooncoin hard fork info

Key features:

  • Hardfork to new codebase occurs at block 1,250,000, however Mooncoin 0.10 and 0.13 wallets will be compatible until this point.
  • PoW algorithm is Scrypt, not BalloonHash. Pools and lightning network (in the future) support Scrypt, Balloon is exotic.
  • Block retarget algorithm will switch to DUAL_KGW3 with Bitsend timeout; after which diff will lower dynamically if a block has not been found after 60 minutes.
  • Warpsync block speedup - meaning a full sync from scratch can be achieved in 34 minutes (tested to the point of obsession on a core2quad q8200, you will sync quicker).
  • Controlled lowering of coin emission via dynamic nSubsidy.
  • Top Mooncoin addresses are unspendable and contain more than 77 billion frozen MOONcoins, which were not delivered (till March, 2017) by the Cryptsy exchange to the Florida court and were not returned to legitimate owners

Mooncoin hard fork to new codebase will occur at block 1,250,000 with block day average > 471 on May 27, 2018.

Monetha is about to release first version of its wallet app

Monetha's MVP to be released on March 21 exclusively for MTH holders in order to make a significant step towards fully working decentralized trust and reputation system
23 March 2018   71

Starting from March 31 all of MTH token holders will gain exclusive access to Monetha wallet app - the MVP of the project. The release is considered to be Beta release, and approximately 10,500 of the users of the platform will become the first to test out the product. The app will be available on both iOS and Android.

The wallet itself is based on smart contracts and features

  • making/solving claims;
  • rating merchants;
  • writing reviews;
  • review of purchase history;
  • see clients' and merchants' trust ratings

The integration with Monetha through the app will allow merchants to accept Ethereum based tokens as a payment and then easily convert cryptocurrency into fiat currency. Monetha's mission is 'to develop and deploy the best transaction system that would be based on enforceable contracts without third party between consumer and merchants and a strong decentralised reputation management system'. Its solution is going to be universal, transparent, self-executing and transferable.

To the moment of the publication, Monetha's market parameters are as follows:

Average price: $0.102597

Market cap: $22,274,083

Volume (24): $435,208