1 Level
154 Review
169 Karma
Review on MonaCoin by Mr Benji
Adoption?
Adoption?
It is one of the few currencies in the world that is used to buy online / off-line products and even restaurants have started taking monakoin in Japan. The number of stores, websites and service providers who take MonaCoin, is growing day by day, and there are many Japanese websites, message boards and e-wallets that optimize the shopping experience for MONA owners. The biggest Japanese electronics store Ark Akihabara takes Monacoin along with Bitcoin.
Monacoin implemented the Lightning Network, which will help to speed up currency transactions, instant payments, cross chain transactions and monacoin development team. When Segwit is activated, Monacoin is now similar to Ethereum, Dash, and XMR.
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Updated 5 years ago
Rating has not been changed
Mona is not very English friendly they are doing most of the things in their native language, so the marketing isn't set for the global expansion however the history is getting longer and this is what people respect in crypto as well.
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Pros
- Very active community as for first Japanese crypto
- Easy operation. The system has easy and simple interface
- Hard to hack
- High performance (due to low workload )
Cons
- Targeting only JP market...
