MonaCoin (MONA) Definition.
MonaCoin is a decentralized, open-source cryptocurrency launched in January 2014. It is a fork of the Litecoin blockchain and utilizes the Scrypt proof-of-work algorithm. MONA is the native cryptocurrency of the Minamitsuuchi region in Japan and is commonly accepted as payment there. The MONA Foundation is based in Tokyo and is responsible for developing and … Read more