Meconcash

Features

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PoW & PoS Hybrid Design

MeconCash adopts a hybrid design that is a combination of Proof of Work and Proof of Stake. When an mined blocks reaches a certain amount, the POW mining process becomes inefficient. From then on, the POS maintains the network and approves transactions by minting.

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Proof of Work Algorithm

MeconCash uses Proof of Work technology proven by BitCoin over the past decade and adopts the SHA-256 algorithm which is the SHA-2 family of encryption hash functions designed by the US National Security Agency (NSA).

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Safe Trading and Low Rate Transaction Fee

MeconCash is immediately processed upon transaction, and its high level of encryption prevents customers who made a payment from changing or reversing it. In addition, the low rate transaction fee of 0.01MCH is suitable for commerce.

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PoS MeconCash Interest Payment System

At the end of the MeconCash distribution and POW data block maturity period, MeconCash holders can receive up to 1% per annum of POS interest through their Full Node MeconCash wallets. To do so, MeconCash should be stored and be out of use in your wallet.

MECONCASH ECOSYSTEM

MeconCash
is backbone of our blockchain ecosystem.

MeconCash will be used as a payment method and reward currency in mobile applications, games, and character services in the block chain ecosystem.
It will be transferred through MeconCash Wallet and also serve as a currency for the real commerce.
P2P brokerage exchanges and the listing of exchanges will make its value further increased.

MeconCash

Coin Issuance

Coin Abbreviation :

MCH

Coin Type :

PoW + PoS

Hashing Algorithm :

SHA-2 (SHA0-256)

Coin Issunce Period :

50 Year

Block Reward :

1000000/1000/100

Pre-mine Amount :

200,000,000(20%)

Total Issuance Coins :

1,000,000,000

Coin Generated Per Day :

No Limit

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RoadMap

MeconCash Timeline

MeconCash

Patent

No. 10-2017-0008743 :

SYSTEM FOR PROVIDING MOBILE COUPON AND METHOD THEREOF (2017.01.18)

No. 10-2017-0008744 :

SYSTEM FOR PROVIDING MOBILE BUSINESS CARD AND METHOD THEREOF (2017.01.18)

No. 10-2018-0047906 :

SYSTEM AND METHOD FOR MEDIATING CRYPTO CURRENCY DEAL (2018.04.25)

MeconCash

Team

Kim, Myoung Ok
Kim, Myoung Ok

CTO & Head of Project & Development Team

Kim, Jong Moon
Kim, Jong Moon

Sr.Director, Head of Backend & IT Operation

Son, Byungsoo
Son, Byung Soo

Sr.Manager, Backend Developer & Devops Engineer

Lee, Young Hun
Lee, Young Hun

Sr.Manager, Mobile App & Fintech Developer

Park, Dong Woon
Park, Dong Woon

Team Lead, Planner & Marketer

Kim, Min Gu
Kim, Min Gu

Team Lead, Mobile App

Lee, Jun Haeng
Lee, Jun Haeng

Director, Planner for Mobile App & Service

Park, Jun Sik
Park, Jun Sik

Manager, App Developer

Choi, Byoung Ki
Choi, Byoung Ki

Manager, Web Developer

Moon, Shin Hye
Moon, Shin Hye

Team Lead, Game & UI Designer

Kim, Yeo Gyeong
Kim, Yeo Gyeong

Assistant Manager, UI/UX Designer

Seo, Mi Ru
Seo, Mi Ru

Staff, Game Designer

FAQs

Frequently Asked Questions

MeconCash is a cryptocurrency used for payment method, settlement and reward in online and mobile service. It adopts block-chain technology for technical superiority and high-level security.
We will issue MeconCash in the following four stages: Initial Development Budget (200 million coins, 20%); Early Mining Rewards (50 million coins, 5%); POW Mining Rewards (250 million coins, 25%); and POS Deposit Rewards (500 million coins, 50%). We plan to issue a total of 1 billion coins over the next 50 years.
A reward for coin maturity is distributed in proportion to the amount of MeconCash deposits and paid whenever minting starts and a block is created. PoS reward is calculated by the formula, ((Coin age* 33) / ((365 * 33) + 8)) * 0.01 and the minimum maturity period for POS of 30 days and the maximum period of 90 days. Total issuance of coin is 500 million, excluding the PoW portion of the coin issue.
Depending on the amount of the transaction, the minimum fee is 0.01MCH. If the amount is large, a more fee will be charged.
No, minting is required for the POS reward. The interest is will not be paid by only holding it in MeconCash Wallet.
MeconCash can be traded in brokerage exchange coming soon before it’s listed in cryptocurrency exchange. When it’s listed in a cryptocurrency exchange, it can be traded in the exchange.
Listed Exchanges : DigiFinex, Colover, Coin25Ex
P2P Brokerage Site : Coin25
MeconCash will be used as a payment method and reward in mobile applications, games, and character services in the block chain ecosystem. It will also serve as a currency for the real commerce. It will be associated with existing and future services.
A MiconCash sent to the wrong address can not be neither reversible nor refundable. Please make sure to carefully review recipient's address before transferring MeconCash. The company is not responsible for the loss of MeconCash due to mistakes.