[ANN] MonetaryUnit [MUE] - POS. MasterNodes. Funding. Governance. Services. Devs

[tobsnn]

Dear community, apologies for no update regarding X11 migration until now.

Over the next couple of days we will be adding the next services to MUEX.io

Once they have been added, focus will be on releasing the public beta testing for the X11 migration asap.
During this time, please take the opportunity to make yourself heard regarding what you might like to see in the new MUE X11/MN wallets.

We are heading to very interesting times for MonetaryUnit, following in the footsteps of giants.

To remind you about the migration

The algo will be X11
We will be utilising the governance structure of Dash and MasterNodes.
A MasterNode requires 500k MUE
POW will be rewarded 45% of block reward
MNs will be rewarded 45% of block reward
10% will be allocated to the development fund
Block reward will remain at 40 MUE per block
Block time will remain at 40 seconds per block
Max coin supply will be capped at 4,000,000,000

We look forward to hearing your thoughts, ideas & feedback.

Many thanks, B & the rest of the MonetaryUnit team

you guys should drive up the marketing, especially now that dash is ath'ing

[bizzyb]

We're open to suggestions for new coins to be accepted on MUEX.io

If you would like to suggest please vote & suggest here
https://bitcointalk.org/index.php?topic=1756784

Thanks

[bizzyb]

Dear community, apologies for no update regarding X11 migration until now.

Over the next couple of days we will be adding the next services to MUEX.io

Once they have been added, focus will be on releasing the public beta testing for the X11 migration asap.
During this time, please take the opportunity to make yourself heard regarding what you might like to see in the new MUE X11/MN wallets.

We are heading to very interesting times for MonetaryUnit, following in the footsteps of giants.

To remind you about the migration

The algo will be X11
We will be utilising the governance structure of Dash and MasterNodes.
A MasterNode requires 500k MUE
POW will be rewarded 45% of block reward
MNs will be rewarded 45% of block reward
10% will be allocated to the development fund
Block reward will remain at 40 MUE per block
Block time will remain at 40 seconds per block
Max coin supply will be capped at 4,000,000,000

We look forward to hearing your thoughts, ideas & feedback.

Many thanks, B & the rest of the MonetaryUnit team

you guys should drive up the marketing, especially now that dash is ath'ing

I've got a couple of fun things planned for the next few days

[drakoin]

migration

How do the old coins & addresses get into the new chain?

[blg42598]

I like the coin but 4 billion max supply 

[Lord Of The Internet]

migration

How do the old coins & addresses get into the new chain?

we will have to keep 2 chains going while people burn their old coins and receive their new coins in their new wallet.

[bizzyb]

migration

How do the old coins & addresses get into the new chain?

Hi Dr A Koin

If your coins are left on Bittrex, cryptopia, Bleutrade or Altex they will autochange them for you, as we will provide the X11 MUE to those exchanges (AVOID YOBIT AT ALL COSTS)

If you don't want to do that, we already have a coin swap system in place for when we migrate, where you register, send you Quark MUE, provide your X11 MUE address, and the system sends the X11 MUE back to you.

It's really easy basically.

[bizzyb]

I like the coin but 4 billion max supply 

That amount of coins will be mined over 130 years.

To provide some perspective, in 130 years time, when MUE has a coin circulation of 4 bill coins, it will still have about only 10% of the CURRENT total supply of Ripple.
Ripple, the coin which currently has a marketcap of nearly quarter a billion dollars & daily volume of over $3m dollars.

Does that ease your concerns at all?

The value in MUE will not be derived from scarcity, but instead from utility and natural growth from adoption.  Those things provide stability and sustainability.

[bizzyb]

If you fancy some comedy escape from the usual daily antics, say hi to the MonetaryUnit twins

[110110101]

If you fancy some comedy escape from the usual daily antics, say hi to the MonetaryUnit twins

Go MUE! Well I sure loled

[iamjwroar]

I like the coin but 4 billion max supply  

look at the market cap now compared to other altcoins... you should see that there is major room for growth

[bizzyb]

I like the coin but 4 billion max supply  

look at the market cap now compared to other altcoins... you should see that there is major room for growth

I like to think that there is only really one way to go.......

In case I'm being too vague, I mean up

[UGC]

Is there any timeline to x11 migration

[bizzyb]

Is there any timeline to x11 migration

Hi, I understand the frustration with the delays, and we HOPE to have something available to test (though this could just be for internal use for a few days) by the end of the weekend.
It is happening, and it is coming, sooner rather than later.

Thanks

[110110101]

MUE was mentioned on the Blockchain Dynamics podcast,
https://soundcloud.com/errorbytrial/blockchain-dynamics-episode-53-352017?in=blockchaindynamics/sets/blockchain-dynamics-show#t=2m30s

a quick look at the MUEX forex service as for the upcoming X11 transition.

[ict]

great mue raising up..
still holding from rate 50sat 

[VRP MONEY]

great mue raising up..
still holding from rate 50sat 

you should hold at least until 5000 sat

[rudolfaxl]

What i must to do..?? new chain..??what about my MUE coin in MUE wallet..??
the mue WALLET stiil can't sync...

[UGC]

What i must to do..?? new chain..??what about my MUE coin in MUE wallet..??
the mue WALLET stiil can't sync...

Just wait and you will sync

[bizzyb]

What i must to do..?? new chain..??what about my MUE coin in MUE wallet..??
the mue WALLET stiil can't sync...

Hi, please go to
console
tab

and type

addnode nodes.muex.io add

and press enter

You can also do
addnode weminemue.com add

Let us know.  You may need to restart the wallet, and possibly wait for 10-15 minutes.