Gulden NLG to MonetaryUnit MUE Exchange

Crypto Pair Details: NLG to MUE

Gulden NLG

Gulden is a second-generation peer-to-peer cryptocurrency which was created to provide a secure, simple and fast method of performing financial transactions between private individuals, customers & service providers and also corporate entities. Like many recent cryptocurrencies, the primary design criteria were to improve the security and usability of the currency and its underlying transaction authorisation technology (when compared to the original cryptocurrency - Bitcoin). The purpose of these changes was to simplify use and increase its adoption as a convenient, cheap and safe form of payment. The original initiative for this currency came from Rijk Plasman with the first working implementation released on the 4th April 2014. Initially called the “Gulden coin”, this was subsequently abbreviated in October 2015 to “Gulden”. The name Gulden comes from the German and Dutch term for “gold coin” and is the Dutch name of the Dutch guilder, the pre-euro currency of the Netherlands. Gulden Coin is the currency that enables the user to pay safely, conveniently and quickly. Moreover, it is a lucrative investment opportunity at the moment, considering that since entering the market in 2016 the developers have increased to a market capital of 39,883,259 USD with about 800,000 USD. The model of making cryptocurrencies accessible to ordinary consumers in the future holds enormous potential in the fintech sector.

MonetaryUnit MUE

MonetaryUnit (MUE) is a fork of Quark. There will be a total of 1 Quadrillion coins (i.e. 1,000,000,000,000,000 MUE). There is a 40,000,000 MUE pre-mine (0.000004% of total supply) to fund faucet, giveaways, promotions and development of which 9,0000,000 MUE has already been given away or used for development. The release of MonetaryUnit is staggered into 10 different stages. Each “stage” lasts about 18.5 days, and is made up of 40,000 “blocks”. Each block is released every 40 seconds, and a block is the reward for mining the MonetaryUnit network. The block reward changes at every stage, so that the number of coins released per day will change every 18.5 days up until stage 10. At stage 10, the number of coins released per day will always be 86,500 coins per day, or 40 MUE per block. MUE is a coin that has a fair launch with a block reward schedule that increases as time goes on. Here is the block reward schedule: 0.025 MUE reward for first 40,000 blocks (54 MUE/day) 1 MUE reward for next 40,000 blocks (2160 MUE/day) 2 MUE reward for next 40,000 blocks (4320 MUE/day) 4 MUE reward for next 40,000 blocks (8640 MUE/day) 8 MUE reward for next 40,000 blocks (17280 MUE/day) 10 MUE reward for next 40,000 blocks (21600 MUE/day) 20 MUE reward for next 40,000 blocks (43200 MUE/day) 30 MUE reward for next 40,000 blocks (64800 MUE/day) 40 MUE reward thereafter (86400 MUE/day)

SOURCE: COINGECKO

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