MonetaryUnit is a decentralized cryptocurrency platform which aims to attract both developers and the general public. MonetaryUnit wants to make it easy for any person, irregardless of their tech savviness, to buy and use a cryptocurrency. Transactions can be sent instantly when using the Instantsend feature if the recipient confirms the transaction. The PrivateSend feature offers transactions multiple layers of privacy to obfuscate the source of the transaction from the recipient. MonetaryUnit’s blockchain is built on the X11 (Dash) code, which uses MasterNodes to power the Proof-of-Work consensus. 10% of the block rewards are reserved for the project’s use.
MonetaryUnit (MUE) is the digital asset of the MonetaryUnit blockchain that can be mined, used to power the various features of the ecosystem, and sent peer-to-peer.