AThe blocktime for MonaCoin is 1 minute. Blocktime is the time interval between new blocks being added to the blockchain. Some people argues that slower blocktimes are more secure and scalable and that faster blocktimes allow faster transactions. It is a highly debatable topic in the crypto community.
QWhat hashing algorithm does MonaCoin use?
AMonaCoin uses the hasing algortihm Lyra2RE.
QWhat was the highest price that MonaCoin ever reached?
AThe highest price that MonaCoin ever reached was $16.45 USD. This all time high price occured on 6 Dec 2017.
QWhat was the lowest price that MonaCoin ever reached?
AThe lowest price that MonaCoin ever reached was $0.020944 USD. This all time low price occured on 8 Jan 2015.
AYes MonaCoin is mineable which means that new coins can be created by miners working on the network.
QWhat concensus algorithm does MonaCoin use?
AMonaCoin uses a lyra2rev2 proof of work concensus algorithm.
QIs it a good time to buy MonaCoin?
AYou can check the technical indicators for MonaCoin on the MonaCoin Price Trend tab. These indicators are based on the analysis of multiple trading signals for MonaCoin.
QWhere is the best place to buy MonaCoin?
AYou can find the cheapest exchange on which to buy MonaCoin on the MonaCoin Buy tab.
QWhich crypto wallets support MonaCoin?
AYou can check which wallets support MonaCoin on the MonaCoin Wallets tab.
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