MegaCoin, the Chinese name is Meikacoin, or MEC for short, is an electronic currency developed on the basis of Bitcoin. Published May 2013. Although MEC is developed based on the Bitcoin client-side architecture, the algorithm uses scrypt to prevent mining by ASIC mining machines. The total amount of coins in Megacoin is capped at 42 million, and a block is generated every 2.5 minutes. In the first 21,000 blocks (about 36 days), the reward for each block is 500 MEC, the next 21,000 blocks, the output will drop to 250 MEC, and so on, every For 21,000 blocks, the block rewards will drop to 125, 75, and 50 (the rate of decline will gradually slow down). And when the block reward drops below 25, the output is halved every 420,000 blocks and lasts forever. Currently, on the cryptsy trading platform, the transaction price of each mechacoin is about 0.00007 coins. The production formula of Mecoin is different from that of most coins. Since the output of Mecoin dropped by half almost every 36 days in the first half year, with the rapid decline of mining output, Mecoin The price of will also increase to a certain extent (because miners will be more reluctant to sell).