MilanCoin (MLC) - Abandoned or No Volume | Coinopsy
MilanCoin (MLC) - Dead Coins

MilanCoin (MLC)

MilanCoin was founded in 2013, it is not trading on any exchanges. MilanCoin was added to the dead coins list due to being Abandoned or No Volume. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing Abandoned or No Volume.
  • Started 2013, Ended 2014.
  • Social media ended 2014.
  • Trading ticker (MLC).
  • 50,000,000 Coins total.
  • Not available to trade on any exchanges.
  • Was built on standalone blockchain.
  • Website is down.
  • The Founder/SEO is Unknown.

Further Details

Notes

Abandoned coin, Website down and no social media.

Links

http://web.archive.org/web/20140314140424/http://milancoin.org/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

What is Milancoin?

MilanCoin is a fork of YaCoin (arguably one of the most elegant Crypto-coin designs) with changes to guarantee long-term resistance against GPU and ASIC mining. Milancoin offers quick transactions through a secure mining network. 120 confirmations on mined coins and 6 block confirmations on sent coins or 12 minutes. MilanCoin has a base block reward of 25 coins that depends on the difficulty. The difficulty is also controlled by an "N-parameter" in the Scrypt key function, whose purpose is to protect the network against GPU or ASIC dominance. Incrementing N will lead to immediate hashing speed decrease. The difficulty will reflect these speed changes (i.e., the difficulty will decrease after N++) with lags. The block reward depends on difficulty so the reward will increase and more miners will be motivated to join after N++. It's not easy to predict now but we can be sure that some waves will happen on each N++ event. Long-term GPU, FPGA and ASIC resistance. Fast transactions (send and receive payments fast). Long-term energy efficiency (via Proof-of-Stake mining). High incentive CPU-friendly Proof-of-Work miningSecure and robust (based on YaCoin code-base).

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