[ANN] MonetaryUnit migration from Quark POW to X11 POW with Masternodes

in #x118 years ago (edited)


The cryptocurrency MonetaryUnit (MUE) was launched July 26th 2014.
(Block 1 mined as per https://chainz.cryptoid.info/mue/block.dws?000008a6e7c1c9547c5b2e7bc1e30f813cc9684428e11e8bbc2f0f270943f318.htm)

The current BCT ANN is available here
https://bitcointalk.org/index.php?topic=778322

As you can see from the link above, the launch & parameters were designed to not attract the usual crowd and instead to look at much longer term goals. Fairness and adoption.
(The reason why the date of the ANN is Sept 11th is due to the original ANN being removed because I was doing an "in thread" giveaway of MUE. I was a noob & didn't realise it was against the BCT rules!)

We are now undergoing testnet environment testing of wallets & infrastructure as we prepare for a 1:1 coin swap to migrate to the X11 POW algorithm with MasterNodes (Similar to DASH)
A community poll showed strong support for X11 as indicated here
https://bitcointalk.org/index.php?topic=1564635
And another poll strongly polled for the MN (MasterNode) collateral (i.e initial investment) to be set at 500,000 MUE
https://bitcointalk.org/index.php?topic=1582356

The coin aspects will be broadly the same as they are now:
40 MUE per block reward
40 second block time
Though with a revised max coin supply of 4,000,000,000 (which will take ~130 years)

At the time I set up this project, my expertise was the idea I wanted to create, but without the technical skills to pursue it.
So, like many others come & gone, I paid for it to be created.

Over 2 years later, the project is stronger than ever, even though our dev for the last 12 months+ has left with no notice, causing many services (of which some I paid for personally) to no longer be active.
The community has responded and we now have instead of 1 dev, we have 5 !
The team (at the time of posting) is:
Project manager - BizzyB
Developers - pjcltd, swtrse, bbobb, roslinpl, mpdev
Project support - The_Prof, BR541, TheBoccet, mtxdemon, abiky

Whilst we work on the testnet environment before official launch, we have many other projects in the pipeline.

swtrse has developed a .net wrapper for the Bittrex api
https://github.com/swtrse/BittrexClient.net
and he is working on a killer trading bot that will be exclusive to MUE

roslinpl continues his work on our 3d gaming platform, another exclusive for MUE http://www.MUEgs.com

bbobb is leading on the wallet/MN coding, and has several other things in the works such as a Slack & Twitter tipbot for MUE

pjcltd/mpdev are leading on the coinswap program and will be offering an automated coin swap service. Also to be provided will be fully hosted & maintained MasterNodes for literally just dollars per year.

MUE is regularly the most profitable Quark coin to mine
http://www.coinwarz.com/miningprofitability/quark
and has recently hit record high difficulty of 13,000+!

Our market cap though small
http://coinmarketcap.com/currencies/monetaryunit/
indicates the huge value proposition that is currently offered at exchanges such as Bittrex
https://bittrex.com/Market/?MarketName=BTC-MUE

We are very optimistic post migration we will hit a steady baseline price of 100-200 sats which will be built on as liquidity becomes limited due to MasterNode investments and some other investment plans we are going to be offering.

We look forward to any newcomers to the project, and if you have any skills you would like to offer, please feel free, even if it just you want to be part of the community.
Everyone is always welcome :)

Feel free to follow us here
or Slack https://mueslack.herokuapp.com/
or on Twitter @MonetaryUnit
or FaceBook /MonetaryUnit
our home page http://www.MonetaryUnit.org
our BTC ANN https://bitcointalk.org/index.php?topic=778322

Mine here http://www.wemineMUE.com
Buy here https://bittrex.com/Market/?MarketName=BTC-MUE

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As a part of the MonetaryUnit team I'm delighted to see this post on Steemit! The team that represents MonetaryUnit provides you a lot of interesting projects certainly worth following. From quite a bit of time I'm working on MUE:GS (www.muegs.com) more information about this project soon!

Best regards.

Seriously excited about MUE:GS :)

MUE was always aiming the best for the project and investors!!I'm happy to stick with it from day one and engaging 3rd year now.
Hope community see the potential in MUE and join us for a long road.
Welcome to Steemit MUE

Thanks man, it's been a long hard road, but it's been worth it :)