Old daemon and wallet version 0.18.3
How do coins (Megacoin) with no miners have a price?
Megacoin did a couple of good things then hasn’t been developed for years and don’t seem to have miners? Can anyone explain why (or how) it has a price? or a market cap?
btc38 is it’s major exchange…
China seems to like it…
In that case they must be running their own private network and you can only have a wallet on their server. You can’t transfer coins without miners. No development for 4 years, there wasn’t any Megacoin blockchain to sync to a year ago.
They seem to own all the Megacoins : https://bitinfocharts.com/megacoin/wallet/BTC38 cold wallet
because most people don’t care about the technology they just care about the price.
There are only 20 nodes - the price must just be them buying from themselves.