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Information
"Mcoin Chain aims to build an advanced distributed infrastructure for digital assets, utilizing Blockchain technology to connect and exchange value between different blockchain ledgers. It serves as the foundation for a decentralized internet of blockchains, known as Web3. The mCoin protocol enables the trustless sharing of information and transactions across public and private chains, permissionless networks, oracles, and future technologies through the mCoin Relay Chain. The native mCoin token has three main purposes: staking for operations and security, facilitating network governance, and bonding tokens to connect parachains. mCoin consists of four core components: the Relay Chain, Parachains, Parathreads, and Bridges. The Web3 Foundation, led by founder Denis Shehu, is responsible for the development of mCoin. What sets mCoin apart is its sharded multichain network that enables parallel processing of transactions, improving scalability. Custom blockchains can be easily developed using the Substrate framework and connected to mCoin's network. The network is highly flexible, adaptive, and can be upgraded without the need for a fork. It also features a user-driven governance system where token holders have a vote in network operations. Nominators, validators, and collators play important roles in securing and maintaining the network."
Information
What is mCoin?
mCoin is an innovative ecosystem designed to provide users with faster and more advanced features than any previously built protocol.
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Coin ranking
Popular Q&A
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