BitcoinMono: Anonymous and Fast Digital Cash for eSports

What is BitcoinMono

Friends, imagine the cash we use in daily life—its biggest feature is anonymity and directness: you give money to someone, they receive it, no need for a bank to know or approve. BitcoinMono (BTCMZ) is a project that aims to recreate this “cash” experience in the digital world. In its name, “Mono” means “cash” in Esperanto, so it positions itself as a form of digital cash.

Simply put, BitcoinMono is a cryptocurrency whose core goal is to provide complete anonymity and a fast transaction experience. It is not a “fork” of the Bitcoin we know, but is built from scratch on a technology called CryptoNote, with its own blockchain and “genesis block.”

This project also has a unique focus on eSports and gaming entertainment. They hope to develop mobile and desktop games where players can earn BitcoinMono rewards, thus building a digital currency ecosystem centered around entertainment. You can think of it as in-game gold coins, but these coins can also be used outside the game—to buy goods or pay friends and family.

Project Vision and Value Proposition

BitcoinMono’s vision is to create an “invisible wallet” for the digital world. Its core mission is to use CryptoNote technology to make every transaction hard to trace and protect user privacy. In its view, many current cryptocurrencies do not go far enough in privacy, and it wants to ensure true transaction anonymity through unique technical means.

The main problems it aims to solve are:

• Insufficient transaction privacy: On many blockchains, addresses are anonymous, but by analyzing transaction flows, some information can still be inferred. BitcoinMono uses Ring Signatures and Mixin technology to mix your transaction with others, like blending your voice into a choir so it’s hard to tell who is singing.
• Transaction speed and fees: It is also committed to providing fast and low-fee transactions, making the digital cash experience closer to our daily payment habits.

Compared to similar projects, BitcoinMono’s differences are:

• It is not a fork of any existing blockchain, but has its own independent chain and genesis block.
• It explicitly takes eSports and gaming entertainment as its main application scenario and ecosystem direction.
• It uses CryptoNote technology, which was designed with privacy as a top priority, and adopts an ASIC-resistant algorithm so that ordinary computers can participate in mining, avoiding hash power centralization.

Technical Features

The technical core of BitcoinMono is the CryptoNote protocol, a foundational technology designed specifically for privacy coins. You can think of CryptoNote as a special “encrypted envelope” that ensures your “digital cash” can’t be peeked at during transmission, and it’s hard to discover who the sender is.

Specifically, it has the following technical features:

• Ring Signatures: This is the key technology for anonymity. When you send a transaction on the BitcoinMono network, your signature is mixed with those of several other users, forming a “ring.” Observers can only know that someone in the ring initiated the transaction, but can’t tell exactly who—like a group of people raising their hands at once, you don’t know who pressed the button.
• Mixin: To further enhance privacy, BitcoinMono transactions are required to mix in outputs from other transactions, meaning all transactions are obfuscated in the same way, putting all participants on equal footing and making transaction tracing very difficult.
• ASIC-resistant mining algorithm (Argon2d): To prevent large mining farms (using ASICs) from monopolizing mining, BitcoinMono uses Argon2d, which is more friendly to regular CPUs and GPUs, allowing more people to participate in network maintenance and increasing decentralization.
• Fast and low-fee transactions: The project aims for fast and low-cost transactions. In a 2020 update, it introduced dynamic transaction fees—charging 42 BTCMZ per KB of transaction data, while also offering a fixed fee option (1500 BTCMZ) to suit different transaction sizes.
• Independent blockchain: It has its own genesis block and does not rely on other blockchains, ensuring its design independence and privacy features are not affected by other chains.

Tokenomics

Tokenomics is, simply put, the study of “where the money comes from, how much there is, how it’s spent, and how it’s distributed” in a cryptocurrency. For BitcoinMono (BTCMZ), its tokenomics have the following features:

• Token symbol: BTCMZ.
• Total supply: BitcoinMono’s total supply is extremely large, reaching 1,000,000,000,000 (one trillion) BTCMZ. This is much larger than many mainstream cryptocurrencies.
• Issuance mechanism: It has a “long and relatively flat issuance curve”, and block rewards decrease slowly. This means token output is relatively stable and then gradually decreases, rather than halving suddenly every four years like Bitcoin.
• Circulating supply: According to multiple data platforms, BitcoinMono’s circulating supply is currently shown as 0 or “no data”. This means the actual amount of BTCMZ in circulation may be very small, or not tracked by these platforms.
• Token utility: BTCMZ’s main use is as a reward and payment method within its gaming and entertainment ecosystem. Imagine in the future, you win BTCMZ by playing games, then use BTCMZ to buy in-game items or pay elsewhere in the ecosystem. It is also intended for online products or payments between friends and family.
• Distribution and unlocking: There is currently no public information detailing BTCMZ’s initial distribution plan, team holdings, or token unlocking schedule.

Tip: Such a large total supply and almost zero circulating supply means the token’s value may be very small, and market liquidity (ease of buying and selling) may be extremely low. Be very cautious when considering any token-related actions.

Team, Governance, and Funding

In the blockchain world, a project’s team, governance, and funding status are important indicators of its health.

• Core members and team characteristics: For BitcoinMono, public information only mentions “the developers of BitcoinMono,” but does not list specific core members’ names, backgrounds, or team size. This is not uncommon in crypto projects, but for those wanting to know who is driving the project, lack of transparency may be a concern.
• Governance mechanism: No detailed information on BitcoinMono’s governance mechanism was found. For example, whether it will become a decentralized autonomous organization (DAO) governed by community voting, or decisions are made by a core team—these are not mentioned in available materials.
• Treasury and funding runway: Similarly, there is no clear information in public materials about whether BitcoinMono has a dedicated treasury to support development and operations, or how long its funds can sustain the project (funding runway).

Tip: Lack of transparency about team members, governance details, and funding status may increase perceived project risk. For any project, knowing who is running it, how decisions are made, and whether there are enough resources for ongoing development is very important.

Roadmap

The roadmap is like a blueprint for project development, telling us what has been done and what is planned for the future. BitcoinMono’s roadmap is mainly focused on the early stages:

• February 2019: BitcoinMono project officially launched.
• February 2019: Released graphical user interface (GUI) wallet, making it easier for users to store and manage BTCMZ.
• August 2019: Difficulty algorithm update, usually to optimize mining experience or respond to network changes.
• Q3 2019: Project sought exchange listings to increase BTCMZ trading and liquidity.
• Q4 2019: Planned to release mobile wallet and MonoPay payment system to enhance BTCMZ usability and payment features on mobile devices.
• Q1 2020: Planned development in gaming and entertainment, one of its core visions.
• January 21, 2020: Released v2.0.8.15 update, a mandatory update introducing dynamic fee mechanism and possibly requiring users to resync blockchain data.
• February 21, 2020: Released v2.0.8.19 update, fixing mining pool splitting issues.

Tip: The available roadmap information mainly covers 2019 to early 2020. Since then, no updated information on future plans or milestones has been found. This may mean project development has slowed or new plans have not been made public. For a crypto project, a continuously updated roadmap and active development are signs of vitality.

Common Risk Reminders

Investing in any cryptocurrency comes with risks, and BitcoinMono is no exception. As a blockchain research analyst, I need to remind you of some possible risks—please note, this is not investment advice.

• Project activity and limited information risk:
  • Lack of transparency: Detailed information about BitcoinMono is relatively limited. Many key data points, such as market cap, circulating supply, social media activity, etc., are shown as “untracked” or “no data” on major data platforms. This makes it hard to fully assess the project’s current status and potential.
  • Inactive project: Some sources indicate BitcoinMono is marked as “untracked” due to “inactivity or insufficient data.” Its GitHub repo’s latest release was in February 2020, which may indicate development activity has greatly decreased or stopped.
• Economic risks:
  • Extremely low liquidity and trading volume: BitcoinMono’s 24-hour trading volume is very low, sometimes only a few dollars or zero. Extremely low liquidity means you may have difficulty buying or selling BTCMZ at a reasonable price, with very sharp price swings, or even “priced but no market.”
  • Lack of market cap: BitcoinMono’s market cap is currently shown as “no data” or 0, indicating its share in the crypto market is negligible and market recognition is extremely low.
  • High price volatility: Due to poor liquidity and low market attention, BTCMZ’s price may experience wild swings, or remain at extremely low levels for a long time.
• Technical and security risks:
  • Unknown code audit: Although the project is based on CryptoNote and the code is public on GitHub, there is no information on whether the code has undergone independent third-party security audits. Unreviewed code may have potential vulnerabilities leading to asset loss.
  • Network security: Any blockchain network may face 51% attacks, especially when hash power is low and there are few participants.
• Compliance and operational risks:
  • Regulatory uncertainty: Global crypto regulations are still evolving, and future laws may affect project operations and token circulation.
  • Lack of community support: Without an active community and developer support, the project may not be able to fix bugs, update features, or adapt to market changes in time.

Again: The crypto market is extremely risky. Please do thorough personal research and make decisions according to your own risk tolerance. This introduction does not constitute any investment advice.

Verification Checklist

When researching any blockchain project, here are some important sources you can check and verify yourself:

• Official website: bitcoinmono.io
• Block explorer: explorer.bitcoinmono.io (You can use it to view on-chain transactions, block height, etc., to gauge network activity.)
• GitHub repository: github.com/bitcoinmono/bitcoinmono (Check code update frequency, commit history, developer activity, etc. The latest release was in February 2020.)
• Whitepaper: Although platforms like CoinMarketCap mention a whitepaper link, no direct whitepaper content was found in search results. It’s recommended to look for it on the official website or GitHub.
• Social media:
  • X (Twitter): @semilimitedco (But other sources indicate the social account may be inactive or not submitted.)
  • Discord: Discord community is mentioned.
  • Bitcointalk forum: Forum is mentioned.

Tip: Carefully check the activity and content of these links to get a fuller picture of the project’s real situation. If official channels are not updated for a long time or community discussion is very sparse, this is usually a warning sign.

Project Summary

Friends, from the above introduction, we can get a preliminary understanding of the BitcoinMono (BTCMZ) project. Its original vision was to become a privacy-focused and fast digital cash, with a special focus on eSports and gaming entertainment. It uses CryptoNote technology, aiming to provide strong anonymity through ring signatures and mixin, and has an ASIC-resistant mining algorithm to encourage broader participation.

However, based on currently available public information, BitcoinMono faces some significant challenges. Its total supply is extremely large (one trillion), but circulating supply and market cap are almost zero or untracked. The project’s trading volume is extremely low, resulting in very poor liquidity, meaning buying or selling BTCMZ may be very difficult and price volatility huge. In addition, the project’s development activity seems to have dropped sharply after 2020, with GitHub updates stalled and social media lacking activity. All this suggests the project may be inactive or far from its original vision.

In summary, BitcoinMono is a project with a clear focus on privacy and gaming, but in practice its market performance and activity are very limited. For anyone interested in BTCMZ, it is strongly recommended to conduct extremely thorough personal research (DYOR - Do Your Own Research) and fully recognize the huge risks involved, including but not limited to project inactivity, extremely low liquidity, and lack of transparency. Remember, the crypto market is highly volatile, and this introduction does not constitute any investment advice.