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