MONOECI (XMCC) - 1st CRIPTOMOEDA TO BE ADOPTED IN A COUNTRY?

in monoeci •  6 years ago 

Technological information :

Masternodes:

The masternodes are the main actors of the network, holding a constant amount of 1000 MCC which enables them to claim a payment of interest for each block generated, the masternodes are randomly drawn so that each Masternodes has the same payment average. It is possible to see the winning masternodes by simply typing in the console "masternodes winners", you will obtain a list of the MCC addresses for future blocks.

The Masternodes also helps maintain a reliable and fast connection network worldwide.

Governance System:

This system allows a masternode to present a project on the networks. All masternodes will then be able to vote "yes" or "no" for this project.

This project represents a creation of MCC currencies over a defined period of time, ex "100 MCC per month for 3 months to help an association to buy furniture".

The person who wants to present its project will have to pay a creation fee of 50 MCC (Distributed between the masternodes)

The project needs a website, this way, masternodes will be able to decide whether to validate the proposition or not.

This system creates currency with the agreement of the main actors of the network in order to carry out a specific project.

Spork System:

The spork system is "soft fork" and "hard fork" compression, which means that MonacoCoin developers can work across the masternodes servers network and change some variables without the necessity for the client to be restarted or to install a new version. The available variables are visible by typing "spork show" in the console.

These variables do not affect the currency generation value or the masternodes control, but only programing variables to maintain the security of the network, such as the maximum instant send value ...

Subsequently MonacoCoin developers will add additional variables in order to make operations even safer and above all to increase the fluidity of the network.

Instant X:

You can send funds between MCC wallets faster thanks to the support of masternodes. The validation of the transaction will therefore be faster but is limited to about 500 MCCs. The transaction cost will be higher than a typical transaction to reward the masternodes that validated the transaction.

DarkSend and Mixer:

DarkSend is a function that makes anonymous a part of your coins. The parts once anonymized will then be available only on DarkSend networks and can be exchanged anonymously between wallets. The anonymization of the currency involves a variable cost depending on the volume to be processed and take a long time.

Monoeci - XMCC (formerly Monacocoin), a crypto-currency that can be used in the country of Monaco, which can be a great step towards the adoption of a large-scale cryptomeo.

Source: https://monoeci.io/en/home/

Images: https://bitcointalk.org/index.php?topic=2083054

Note: Monoeci - XMCC (formerly Monacocoin), a crypto-currency that can be used in the country of Monaco, which can be a great step towards the adoption of a large-scale cryptomeo.

NOTICE
All material produced in this content is speculative.We only give our opinion.

WE ARE NOT RESPONSIBLE FOR YOUR GAINS OR LOSSES
Do not treat the information given here as an investment tip. Do your own study and invest at your own risk.

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