MeconCash is a cryptocurrency used for payment method, settlement, and reward in online and mobile service. It adopts blockchain technology for technical superiority and high-level security.
MeconCash adopts a hybrid design that is a combination of Proof of Work and Proof of Stake. When a mined block reaches a certain amount, the POW mining process becomes inefficient. From then on, the POS maintains the network and approves transactions by minting.