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README.md

Monkey Core integration/staging repository

Monkey (MONK) is a sustainable cryptocurrency modeled after Satoshi Nakamoto’s vision for Bitcoin. It is a decentralized, peer-to-peer transactional currency designed to offer a solution to the problem posed by the exponential increase in energy consumed by Bitcoin and other proof-of-work currencies. Proof-of-work mining is environmentally unsustainable due to the electricity used by high-powered mining hardware. Monkey utilizes an energy efficient proof-of-stake algorithm, can be mined on any computer, and will never require specialized mining equipment.

  • Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftTX.
  • Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with a collateral of 2,000 MONK.

More information at monkey.vision

Coin Specs

Description Value
Block Time 60 Seconds
Max Coin Supply 21,000,000 MONK
Premine 2,160,000 MONK (Swap)

Reward Distribution

Block Height Masternodes PoS
2-5000 85% (0.85 MONK) 15% (0.15 MONK)
5001-25000 85% (12.75 MONK) 15% (2.25 MONK)
25001-100000 85% (10.625 MONK) 15% (1.875 MONK)
100001-1000000 85% (6.8 MONK) 15% (1.2 MONK)
1000001-2000000 85% (3.4 MONK) 15% (0.6 MONK)
2000001-3000000 85% (1.7 MONK) 15% (0.3 MONK)
3000001-End 85% (0.85 MONK) 15% (0.15 MONK)
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