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Monetary Unit was founded in July 2014. It is a decentralized, self-growth and self-management cryptocurrency project with long-term development goals. The focus of Monetary Unit has always been to create a cryptocurrency project that everyone can participate in, so that it is no longer limited to people in the technology industry, but a product that is attractive to developers, investors and the public.
Project Features
1. For urgent transactions, payments can be received and confirmed immediately through the Instantsend function.
2. Helpful community and project teams are on hand to provide you with questions and general blockchain education.
3. MonetaryUnit's economic design means that 10% of all MUE generated by the blockchain is reserved for the benefit of the project ecosystem. The use of these funds is controlled through a decentralized community voting mechanism.
4. Inflation (MUE generated by the block mining process) is low by 3% per year. This facilitates the use and distribution of MUE on a sustainable trajectory as the world adopts cryptocurrencies. For the next 130 years, 40 new MUEs will be minted every 40 seconds.
Application scenario
1. MUE focuses on the continuous development of its surrounding ecosystem to ensure maximum currency exposure and usage, thereby benefiting the entire cryptocurrency community.
2. There are thousands of cryptocurrency projects and more are added every day. Out of these thousands, only the platforms with the strongest blockchain security and stability, and an established ecosystem of use cases will survive. MonetaryUnit aims to become the leading cryptocurrency by creating these use cases for MUE along with other cryptocurrencies.
MUE is an established and respected brand with a mature ecosystem driven by a dedicated fund team. The goal is to move away from the model of using cryptocurrencies only for the tech-savvy.
MUE is the abbreviation of MonetaryUnit, which is a currency unit. MUE points began to be promoted in the Asia-Pacific region on February 1, 2016. It is a peer-to-peer electronic currency that does not require a central authority and the transaction transfer party does not rely on a trust mechanism. And all thanks to this system's ingenious combination of digital signatures, blockchain (a peer-to-peer network that uses proof-of-work to record transaction transfer history), and a reward mechanism that attracts early adopters.
Related Links:
https://www.monetaryunit.com/
https://info.binance.com/cn/currencies/monetaryunit
https://bitcointalk.org/index.php?topic=1126278