MLcoin is a cryptocurrency created on the network #sol , which means it benefits from the high scalability and low transaction fees of this blockchain. Solana uses a consensus mechanism called Proof of History (PoH), which allows for quick validation of transactions without compromising decentralization.

Technically, MLcoin operates as an SPL token on the Solana network, which means it follows the SPL token standard, similar to the ERC-20 standards on #ETH . This allows MLcoin to easily interact with other projects and applications on the Solana network, such as decentralized exchanges (DEXs), wallets, and other financial services.

Furthermore, as a decentralized cryptocurrency, MLcoin has no owner, pre-sale, roadmap, or centralized governance, making it completely organic and aligned with the principles of decentralization.