Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N
by
freddingo
on 05/05/2014, 23:49:04 UTC
WTB 100 MON for 0.05 BTC

I will have to disappoint you, expected price of 100 MON is much more than what you offer (0.05) maybe if you remove one zero - 100 MON for 0.5 BTC

Specifications:

Premine: Zero

Algorithm: Scrypt-N, merge-mineable on the VTC chain

Total circulation: 8.4 million MON

Only 8.4 million MON less than BTC or LTC or VTC  Wink
Except you get MON for "free" while mining for VTC, so there's absolutely no reason to expect MON to approach such a high valuation.

What this guy said.

I spent 2 hours setting up merge mining on my local machine.  I am still getting the exact same amount of VTC, but now also have a few hundred MON sitting around that I got for 'free' essentially.

The cool thing about MON isn't the value.  The cool thing will be once it is bug free, sharing resources like a real p2pool coin, it is now the perfect template for additional merge-mined coins for VTC.  POS coin?  Easy!  Code carrying coin?  Easy!