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MonetaryUnit (MUE)


Was released on
July 28, 2014 00:00
MUE. Me , U, Everybody. MonetaryUnit, a cryptocurrency with true libertarian and egalitarian values. An attempt to make accessible to all not just the developed world. Designed to stop the hardware arms race and a cease fire on market price manipulation. Environmentally responsible as does not rely on powerful computing. Truly decentralised as no big incentive for mining farms or mining pools as mining reward limited. Mu, from the Egyptian hieroglyphic symbol for water. Mu, from the Japanese term to not have or be without. Mue, metamorphosis of conventional and digital currencies. MUE, a MonetaryUnit for all, me, you, everybody. Financial freedom for all, as life giving as water. Accessible to all, so no one will be without

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Specifications

  • Algorithm:

    QUARK
  • Nr. Coins:

    1 Quadrillion Coins
Forked from Quark, secure 8-way random hashing algorithm for long term CPU mining support 40 second block times, 10-block difficulty retargeting, Virtually unlimited coin supply (1 quadrillion cap) In-wallet CPU only mining support with all wallets defaulting to simple genproclimit-1 mining while running, gives everyone a chance to mint MUE. Transactional Messaging in Wallet for simple blockchain based messaging. Default/Testnet P2P Port: 29948 / 39948 Default/Testnet RPC Port: 29947 / 39947 Merkel Root: a2cc3c1d8ab6e50e80464693199eefdd172d45c4129998394e636e47b5621364 Public Key: 15 (7) %appdata%\monetaryunit\monetaryunit.conf "FAIR" launch > Increasing block rewards from 0.025 MUEnits to 40 MUE per block at 40,000 Block (~18.5 day intervals) 0.025 MUE reward for first 40,000 blocks (54 MUE/day) 1 MUE reward for next 40,000 blocks (2160 MUE/day) 2 MUE reward for next 40,000 blocks (4320 MUE/day) 4 MUE reward for next 40,000 blocks (8640 MUE/day) 8 MUE reward for next 40,000 blocks (17280 MUE/day) 10 MUE reward for next 40,000 blocks (21600 MUE/day) 20 MUE reward for next 40,000 blocks (43200 MUE/day) 30 MUE reward for next 40,000 blocks (64800 MUE/day) 40 MUE reward thereafter (86400 coins per day) 40,000,000 MUE pre-mine (0.000004% of total supply) to fund faucet, giveaways, promotions and development

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Release of MonetaryUnit

Released on July 28, 2014 00:00