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Author Topic: [ANN] MonetaryUnit [MUE] - POS. MasterNodes. Funding. Governance. Services. Devs  (Read 450257 times)
Mue (OP)
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September 11, 2014, 09:24:11 AM
Last edit: November 15, 2022, 11:53:02 AM by Mue
 #1

ANNOUNCEMENT

Sadly MUE is being delisted from Bittrex

https://bittrex.zendesk.com/hc/en-us/articles/10153356517659-Market-Removals-Delisting-Notice-23-November-2022

For further opportunities to earn/stake/swap please consider swapping to wMUE at

https://wrapping.services/get/mue/

Where you can then use on our DEX https://yieldfields.finance/

______________________________________
Please upgrade your wallets ASAP to v2.3.0
https://github.com/muecoin/MUE/releases/tag/v2.3.0

TOTAL SUPPLY REDUCED by 99.99% from 1 quadrillion to 350 Million
Daily emissions REDUCED by 75%
______________________________________


Buy wMUE - wMUE - https://yieldfields.finance/info/token/0x00abaa93faf8fdc4f382135a7a56f9cf7c3edd21
___________________________________________



    ssssssssssssssssssssssssssssssss

    sssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss sssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss ss

    ssssssssssssssssssssssssssssssss

    MonetaryUnit [MUE] Details:


    Technical Specifications
     

      • Coin supply 350,000,000
      • Block reward 10 MUE per block - 3 staking, 3 MasterNodes, 4 Budget proposals
      • Block time 40 seconds.
      • Proof Of Stake POS
      • MasterNodes require 500,000 MUE collateral
      • MasterNode shares available. 1 share minimum is 10k MUE, instant earnings and 10% maintenance fee - https://mymue.com/



      Development
       
      https://github.com/MUEcoin/
       

       


       
       

      Website links
       


       


       
       

      Wallets
       

       


       
       

      Social media
       
       
      Discord: - Join here https://monetaryunit.org/discord
      Twitter: http://www.Twitter.com/MonetaryUnit
        

       


       
       

      Services
       


       


       
       

      Exchanges
      Please use one of these multiple exchanges to obtain MUE to use it for its intended purpose - As a virtual currency as a "MonetaryUnit" Smiley
       


       


       
       

      Pools
       
        N/A


       


       
       

      Retailers


      Places to spend your hard earned MUE:

      Online stores:
        -

      Merchant API and Gateway:



       


       
       

      News
       
        Follow us on Twitter & Discord for latest news updates


       


       
       

      Multimedia

       


       
       

      Promo BBCode Signatures




       


       
       

      Bounties

         


         
         

        Positions in the MonetaryUnit project
         


         


         
         

        Inflation
        Currently 3% per year, gradually reducing every year


         


         
         

        Philosophy
         
        MonetaryUnit launched July 27th 2014.

        Secure fast transactions are near instant.
        Low per unit value targets usability such as retail, tipping, trading, and everyday use.

        Designed to be an inclusive cryptocurrency, with initially low rewards gradually increasing over 5 months and then a fixed block reward of 10 MUE per block (40 seconds) ongoing.
        There is no block halving which is common to so many other cryptocurrencies, instead, MonetaryUnit(MUE) is designed to allow newcomers to become involved at any stage.

        POS 3.0 staking with MasterNodes.

        The team are looking at many innovative & attractive projects designed to attract even more users and miners such as gaming portals, trading bots and white label projects & access to DeFi via our BSC token wMUE

        MonetaryUnit (MUE)
         
        For Me, U, Everyone
         
        For Cryptocurrency to break out of it's techno-niche, it has to break it's techno-mould.


          In the press
            TBA



          Roadmap
          Follow us for news & updates




           

          Really look forward to you getting on-board to help promote and get involved with MUE.
            

          [/list][/list]

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          September 11, 2014, 10:45:47 AM
           #2

          Glad to see you again)
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          September 11, 2014, 10:46:53 AM
           #3

          I've had all my computers 1-thread mining this coin since launch. I really like the anti-profit concept and would be interested to see it on an exchange.

          twitter.com/notsofast
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          September 11, 2014, 11:11:43 AM
           #4

          Glad to see you again)
          Thank you, glad to be back.
          Mistakes were made with the initial ANN, and I only have myself to blame for that, and subsequent ban.
          Thankfully the nature of the release of the blocks always meant that there was a long period of time to allow lots of people the opportunity to get involved, which I hope they do.

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          September 11, 2014, 11:18:06 AM
           #5

          I've had all my computers 1-thread mining this coin since launch. I really like the anti-profit concept and would be interested to see it on an exchange.
          and thank you for the continued support.
          1 thread mining for everyone would be so perfect for the long term success of MonetaryUnit, though I understand most will likely mine at their peak rate for best returns, which is fair enough.

          Included in the ANN there is a significant bounty for developing a "plug and play" Raspberry Pi miner that we could sell at minimum margin to get "Joe public" involved. Say £50 ish, everyone would also get some "starter" MUE deposited to their wallet on purchase to get them off to a roaring start.

          Exchange - Yes, I understand the general significance of this for most miners.  Let's see how things progress.  Ideally I would like to have used all the pre-mine before doing this to avoid any potential scam accusations etc etc- we'll see Smiley

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          September 11, 2014, 06:24:49 PM
           #6

          Difficulty really low, with plenty of opportunity for miners to find blocks.
          Difficulty:
          2.59002708
          Difficulty can be easily checked at the block explorer http://muechain.info/

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          September 11, 2014, 10:19:30 PM
           #7

          Do we have a possible exchange this might be on?

           
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          Mue (OP)
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          September 12, 2014, 08:09:00 AM
           #8

          Do we have a possible exchange this might be on?

          None yet, but is something I am looking at as a possibility in the medium term.
          I understand the pressure miners will put for this to be listed on an exchange, however, (the short) history of alts shows us that getting listed too early can be the undoing of a coin.
          Watch this space though Smiley

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          September 12, 2014, 09:08:27 AM
           #9

          yea that is true dont want that to happen. And btw i love mining from the wallet good work on that. accumulating coins quite nicely now lol

           
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          September 12, 2014, 09:32:25 AM
           #10

          yea that is true dont want that to happen. And btw i love mining from the wallet good work on that. accumulating coins quite nicely now lol
          Thanks, yes this was one of the things that I really wanted with the wallet, i.e auto mines (on 1 thread) on install without user input.

          Obviously, mining rate can be increased as the user wants, but to make this easier for the less technically savvy to use, I think this is a useful feature to have, and helps with overall adoption (hopefully).

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          September 12, 2014, 09:40:37 AM
           #11

          This is old coin as I understand, no exchanges and standalone miner.
          Mining is just for fun?


           
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          TIDEX



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          September 12, 2014, 09:52:49 AM
           #12

          This is old coin as I understand, no exchanges and standalone miner.
          Mining is just for fun?
          Well, mining is fun for sure! :p

          Services will develop over time, as the coin, community and adoption matures...plus I have to pay for these things too remember.

          The crypto world is funny isn't it...when we can look at an alt coin that is less than 2 months and be called "old"....highlights what an exciting and dynamic time we're in....

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          September 12, 2014, 09:55:11 AM
           #13

          Good luck!


           
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          TIDEX



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          September 12, 2014, 09:59:31 AM
           #14

          Good luck!
          Thank you  Wink

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          September 12, 2014, 10:17:16 AM
           #15

          I like the ideology behind this coin and that it can be mined directly from the wallet
          But I dont like the unlimited supply angle behind it. That really has no place in Cryptos
          imho.

          Quote
          Virtually unlimited coin supply (1 quadrillion cap)

          But I wish the dev and the community all the best for this coin Smiley
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          September 12, 2014, 11:15:09 AM
           #16

          I like the ideology behind this coin and that it can be mined directly from the wallet
          But I dont like the unlimited supply angle behind it. That really has no place in Cryptos
          imho.

          Quote
          Virtually unlimited coin supply (1 quadrillion cap)

          But I wish the dev and the community all the best for this coin Smiley
          Thanks for taking the time to look at our ANN and feedback.

          Do you know what Marmite is? (or perhaps Vegemite)?
          Well, I think MonetaryUnit is the crypto equivalent of Marmite..i.e you will love it or hate it...

          In many ways I wanted MUE to be a sort of distorted reflection of fiat, which, has done rather well in terms of adoption....and I think for adoption, people will need to feel some sort of familiarity with their good old trusty notes...i.e inflation, liquidity, availability etc

          I'll perhaps update the FAQ with regards to cap http://www.monetaryunit.org/faq/

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          September 12, 2014, 08:27:44 PM
           #17

          Latest service addition update.
          Twitter tipbot and mining pool now live.
          Details added to the ANN, please check for details.
          More to come over the coming weeks including wallet apps and more.
          Watch this space, will update as things progress.

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          September 14, 2014, 11:27:01 AM
           #18

          Only few miners, I think the main issue is unlimited coins
          40 000 000 coins would be enough but then you have to relaunch.
          Anyway, you should do something about it quicly.


           
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          TIDEX



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          September 15, 2014, 08:00:25 AM
           #19

          Only few miners, I think the main issue is unlimited coins
          40 000 000 coins would be enough but then you have to relaunch.
          Anyway, you should do something about it quicly.
          Hi, thanks for taking the time to feedback.
          I do understand what you are saying, and clearly you'ré not alone in that thinking.

          OK, this is how I view it.

          MonetaryUnit will, should it succeed in the long term, be a low per unit fiat valued crypto.
          As such, I don't see why (other than micro payments and fees) it would really need to be spent in non whole numbers.

          Now, Bitcoin, for example, let's say it does hit $10,000/BTC in the next 3 years (not out of the realms of possibility at all), and you wanted to say send someone some dust, you have to start counting fingers and toes to make sure you haven't missed a decimal place etc (overly simplified I know!).

          So, as BTC can be split into up to 8 decimal places (at the moment) and it is quite possible it will have a very high per unit fiat value in the short to medium term (maybe even £1M at some point), you could argue that the 21 million cap of BTC, could actually be viewed as 21,000,000 x 100,000,000 = whatever that big number is ??
          2,100,000,000,000,000 and
          1,000,000,000,000,000 is the MonetaryUnit cap

          The whole psychology that there is only going to be 21M BTC is I think a little bit of PR & marketing spin.

          Granted, MUE CAN be split into much smaller pieces, but I don't see much reason why it would be as it should keep a nice low value to allow for liquidity and spending etc and not holding.

          I think this makes sense having read it back to myself.  So, yes, although on the face of it 1 quadrillion MUE is a rather large number, hopefully with regards to it's intended use, it actually is a lower cap than BTC will be!

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          September 15, 2014, 10:01:24 AM
           #20

          Only few miners, I think the main issue is unlimited coins
          40 000 000 coins would be enough but then you have to relaunch.
          Anyway, you should do something about it quicly.
          Hi, thanks for taking the time to feedback.
          I do understand what you are saying, and clearly you'ré not alone in that thinking.

          OK, this is how I view it.

          MonetaryUnit will, should it succeed in the long term, be a low per unit fiat valued crypto.
          As such, I don't see why (other than micro payments and fees) it would really need to be spent in non whole numbers.

          Now, Bitcoin, for example, let's say it does hit $10,000/BTC in the next 3 years (not out of the realms of possibility at all), and you wanted to say send someone some dust, you have to start counting fingers and toes to make sure you haven't missed a decimal place etc (overly simplified I know!).

          So, as BTC can be split into up to 8 decimal places (at the moment) and it is quite possible it will have a very high per unit fiat value in the short to medium term (maybe even £1M at some point), you could argue that the 21 million cap of BTC, could actually be viewed as 21,000,000 x 100,000,000 = whatever that big number is ??
          2,100,000,000,000,000 and
          1,000,000,000,000,000 is the MonetaryUnit cap

          The whole psychology that there is only going to be 21M BTC is I think a little bit of PR & marketing spin.

          Granted, MUE CAN be split into much smaller pieces, but I don't see much reason why it would be as it should keep a nice low value to allow for liquidity and spending etc and not holding.

          I think this makes sense having read it back to myself.  So, yes, although on the face of it 1 quadrillion MUE is a rather large number, hopefully with regards to it's intended use, it actually is a lower cap than BTC will be!
          OMG bro your back happy days !!
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