mCoin $MCOIN

mCoin is a pioneering crypto project that aims to establish a new distributed infrastructure of digital assets to form an improved, modern framework. By harnessing the power of Blockchain technology, mCoin seeks to create an essential bridge between the present and the future, connecting and exchanging value between different blockchain ledgers in a distributed manner.

The Objective of mCoin

mCoin has been intricately designed to lay a solid foundation for the decentralized internet of blockchains, commonly referred to as Web3. It simplifies the creation of new applications, institutions, and services, allowing its users to have complete control over the decentralized web.

Features of mCoin

The mCoin protocol is capable of linking public and private chains, permissionless networks, oracles, and future technologies. This connection enables these independent blockchains to trustlessly share information and transactions through the mCoin Relay Chain.

The native mCoin token is multifunctional, used for staking for operations and security, facilitating network governance, and bonding tokens to connect parachains.

Core Components of mCoin

mCoin is composed of four core components. These include:

Relay Chain:

This is the "heart" of mCoin, instrumental in creating consensus, interoperability, and shared security across the network of different chains.

Parachains:

These are independent chains that can have their own tokens and optimised for specific use cases.

Parathreads:

They are similar to parachains but offer flexible connectivity based on an economical pay-as-you-go model.

Bridges:

This feature allows parachains and parathreads to connect and communicate with external blockchains like Ethereum.

The Founders of mCoin

mCoin is the flagship protocol of the Web3 Foundation, a Swiss Foundation dedicated to facilitating an open-source, fully functional, and user-friendly decentralized web. The founding team includes CEO Mr. Denis Shehu, a Thiel Fellow and accomplished blockchain and cryptography researcher and developer; CMO Mr. Andrzej Adam; Mr. Robert Ciurkot, Global Head and Blockchain Developer; along with Mr. Daniel Weiss and Mr. Paul Smith.