Review on MonaCoin by Toprak Dere
About Monacoin
The cryptocurrency I mine, as the mining difficulty is high in other coins.
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Monacoin is not a payment system controlled by a single organization. Monacoin is defined as a fully distributed payment system protected by anyone using it through client applications running on their computers.
It is known that most of the world sees cryptocurrencies as manipulative tools. Monacoin continues to be nurtured and built in this system not by a core development team but by an enthusiastic user base.
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With all of these, Monacoin investments reached enormous amounts, as it was Japan's first crypto currency, and it became valid in shopping centers and even shops within the country.
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Pros
- popular cryptocurrency in Japan
- it has worldclass oversight and regulation
- easy and simple interface
- fast,protected and decentralization features
Cons
- no clear purpose
- can not be exchange the worldwide,only in some Asian countries
