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Megacoin (MEC) is a cryptocurrency that was created in 2013 by an anonymous developer. It is based on the Scrypt algorithm and has a maximum supply of 42 million coins. The coin is designed to be a digital currency that can be used for payments and transfers, as well as a store of value.
Megacoin has a unique feature that sets it apart from other cryptocurrencies: it is the first coin to use a “re-targeting” algorithm. This algorithm adjusts the difficulty of mining a block in order to keep the block time consistent. This makes it easier for miners to mine blocks and helps to keep the network secure.
The coin also has a number of features that make it attractive to investors. It has a low supply, which means that the price of the coin is likely to increase over time as demand increases. It also has a low transaction fee, which makes it attractive for those who want to make small payments. Additionally, it has a large community of users who are actively discussing the coin and its future.
Megacoin is listed on a number of exchanges, including Bittrex, Cryptopia, and Bleutrade. It is also available for purchase with a number of payment methods, including credit cards, bank transfers, and PayPal.
Overall, Megacoin is a promising cryptocurrency that has a lot of potential. It has a low supply, a low transaction fee, and a large community of users. It is an interesting coin to watch and could become a major player in the cryptocurrency market.