MCOIN

About MCOIN

Mcoin Chain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework. And also seeks to link the present to the future, through the implementation of Blockchain technology. Mcoin Chain connects and exchanges value between different blockchain ledgers in a distributed manner.

mCoin was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3. mCoin provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services.

The mCoin protocol can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the mCoin Relay Chain (explained further down).

mCoin’s native mCoin token serves three clear purposes: staking for operations and security, facilitating network governance, and bonding tokens to connect parachains. mCoin has four core components: Realy Chain: mCoin’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains; Parachains: independent chains that can have their own tokens and be optimized for specific use cases; Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model; Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum.