Mooncoin

Mooncoin is a decentralized cryptocurrency project. The platform intends to improve and expand on a tried-and-true blockchain to establish an environment that facilitates social and scientific interactions. The Moon ecosystem seeks to serve as a platform for quick, reliable financial transactions, allowing for the implementation and execution of new, game-changing ventures.

Mooncoin is a P2P (peer-to-peer) cryptocurrency that can be traded. Any two parties owning MOON tokens in a private wallet can send them to each other immediately without any additional formalities. A paper wallet can be used to store Mooncoin as a malicious computer program cannot hack a paper wallet.

MOON is a Proof of Work (PoW) coin with a 90-second recurring block speed. The MOON coin was designed with frequent, global micro-transactions in mind. The MOON token has a maximum limit on the total amount of coins that can be created, making it deflationary and appealing as a measure of value. A deflationary token is one that decreases in its market supply over time. The deflationary factor suggests that the project's users or team will participate in activities that reduce the token's supply on the blockchain.

Mooncoin was founded by Deaconboogie in 2013. However, due to Deaconboogie's ill health, James Burk, a Moon Society founding member, senior officer, and a former Microsoft engineer, stepped in. 

The maximum supply of Mooncoin stands at 384 billion coins. The platform has never done an ICO (Initial Coin Offering) or pre-mining, guaranteeing that everyone has had equal access to the MOON token since its start. 

Mooncoin can only be mined with an ASIC mining hardware device since a common computer GPU cannot perform this specific processing function. An ASIC miner is a computerized device or hardware that only employs ASICs to "mine" digital currency.