What is MinexCoin Crypto Currency?A brief description of MinexCoin.
MinexCoin (MNX) is a global payments system based on a low volatility cryptocurrency which is a part of Minex ecosystem. Thanks to its stable exchange rate, MinexCoin is a reliable means of payment, while controllable growth of coin price makes it an attractive means of value storage. Containment of volatility and price growth are maintained by the system’s autonomous algorithm acting like a central bank, hence the name MinexBank. Financial instruments it employs would allow traders to earn from exchange rate margin without damaging the coin’s ecosystem. On the contrary, they would support it.
Unfortunately we don’t have this data available.
The purpose of MinexCoin
Wild volatility levels are very common with cryptocurrencies, MinexCoin is designed to offer relative stability.
MinexCoin is a global payment system built on the eponymous low-volatility crypto-asset regulated by an autonomous algorithm with methods proven in traditional financial markets. MinexCoin asset is a low-volatility cryptocurrency with predictable and dirigible price development. It may be employed both as a means of settlement and a means of saving. The long-term value of the coin is based on its annual growth of 33.6%. In order to reduce its volatility, such supply/demand regulation tools as market interventions and coin parking are used.
More information can be found in the MinexCoin whitepaper https://minexcoin.com/html/download/wpeng.pdf
Other MinexCoin facts
- Trading symbol: MNX
- Governance: Semi-centralized
- Open source: Yes
- Product status: Prototype / MVP
- Consensus method: Proof of work
- Emmission rate: Emitted in proportion to amount of network activity
- Transactions per second: Unfortunately we don’t have this data available.
- Total Supply: 19000000
- Release date: 2017-03-09
Usefull MinexCoin links
- MinexCoin’s Website
- MinexCoin pricing data & fundamental MinexCoin information
- MinexCoin’s Website
- MinexCoin official blog
- MinexCoin’s Bitcointalk Forum
- MinexCoin’s Reddit Forum
- MinexCoin’s block explorer
- MinexCoin’s Alexa site stats
- MinexCoin’s official forum: Unfortunately we don’t have this data available.
- MinexCoin’s Github code repository:
- MinexCoin’s roadmap:
- MinexCoin’s team page: https://medium.com/minecoin-blog/meet-the-minexdreamteam-fe2083340677
- MinexCoin’s whitepaper: https://minexcoin.com/html/download/wpeng.pdf