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2018-10-31 00:23:02+00:00
đ Check out Crypto Quantic Ph.Dâs talk with Dan, our community manager! Interviewed by a gifted trader and top-notch Medium author, Dan sheds light on the most daunting obstacles the crypto space faces on the road to mass adoption and breaks down how the Minter network could help overcome them.
https://medium.com/@ImagineTraffic/unfazed-by-the-crypto-bear-market-this-team-aims-to-be-the-first-to-integrate-with-the-telgram-7a7c909263c9
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2018-10-25 12:01:45+00:00
Minter mining is a real revolution:
- No hardware needed;
- Use any coin issued on the network;
- And any amount of funds;
- Rewards are distributed to delegators and validators every minute;
- Proportionally to their stakes.
There are three simple steps:
- Choose a validator;
- Transfer your stake to a public address;
- Monitor your rewards every minute.
For more detail, check out one of our how-to articles â https://medium.com/@MinterTeam/how-to-become-a-minter-network-delegator-d0c2ee918909
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2018-10-24 13:01:02+00:00
Why did we choose Tendermint?
When we were starting to work on Minter almost two years ago, we decided that we would use only the industryâs best practices. In other words, if we can use someone elseâs codeâespecially that written by strong teamsâwe should definitely do that. We aim to provide our users with the most efficient blockchain and not to collect awards for programmers. At first, we bet on Ethereum code because many popular projects had already been using it at the time. After having created a prototype last fall, however, we saw numerous limitations the engine put. We then conducted an in-depth market analysis and found a perfect candidate for our coreâTendermint!
Tendermint is an open-source engine for blockchain projects.
It allows the members of the network to reach a consensus really fast. Using Tendermint, a blockchain developer can be assured that all active nodes store same sets of transactions, balances, accounts, etc. Thanks to its own consensus algorithm, Tendermint allows for the processing of tens of thousands of transactions per second. The engine itself is written in Golang but lets programmers use any programming language to develop their blockchain.
As of now, over 70 projectsâincluding Cosmos SDK, Cosmos Hub, 0x Project, and OmiseGoâuse Tendermint.
The Minter blockchain also uses Tendermint and the DPoS consensus algorithm for high network performance.
Everything we develop is 100% open. Visit our GitHub to view the code and contribute: https://github.com/minterteam
If you got any questions, you may ask them in our chat: t.me/joinchat/EafyERJSJZJ-nwH_139jLQ
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2018-10-23 10:24:43+00:00
https://youtu.be/5Bu2-289OPU
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2018-10-22 18:57:29+00:00
âMoney is the most undisrupted space the world has seen in the past 40 years,â said Eugene Gordeev, product owner of Minter and a passionate Bitcoin evangelist. âToday, people are so well-connected to the P2P economy through stand-alone, self-employed businesses like Airbnb hosts, Uber drivers, YouTube bloggers and Etsy crafters, to name a few. Now, the only thing missing is private money issued and managed by those who want to make their products and services even more special.â
Read More: https://bitcoinmagazine.com/articles/minting-future-cryptocurrencies/
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2018-10-22 15:48:30+00:00
New bonuses have arrived!
We held a negotiation round with funds and selected a short list of those with whom we will work. As of today, funds have applied for requesting almost 1 000 BTC worth of BIP.
We will allow them to buy in starting October 25, with no bonuses or any other special conditions, which means 100 000 BIP at 1 BTC.
To provide our faithful friendsâmembers of our networkâwith an additional opportunity, we decided to introduce a 20-percent bonus on all balance replenishments made starting October 19, 21:00 up until October 31, 18:10 (UTC).
We believe that real people are more important than large funds as they create a network effect by exchanging coins with one another.
What bonuses can you receive before the Campaign ends?
⢠10% on all BIPs your friends request using your invite link
⢠100 BIP for each of your friends signing up and passing the KYC check
⢠Bonuses offered by pools (if you are a member of one of them)
⢠50% on all BIPs you request, provided you have contributed significantly to the Minter project promotion
Once the Campaign has finished, MBank will start operating right away (https://t.me/MinterTeam/39)!
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2018-10-19 12:37:55+00:00
KYC Issues?
If you experience problems with passing the KYC procedure, please do not hesitate to contact our technical support specialist at kyc@minternetwork.com
They will then manually review your application and activate your account!
You may also refer to https://medium.com/@MinterTeam/solving-kyc-related-issues-34aaf846a602
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2018-10-17 22:27:45+00:00
Halfway throughâweâve sold over 50% of all BIPs đ¤
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2018-10-17 09:56:30+00:00
Today and tomorrow, we are presenting at CryptoGames in Minsk. Come visit us! http://cryptogames.events/tickets
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2018-10-16 17:30:38+00:00
Stages of Launching MBank, the Validatorsâ Bank
As we mentioned earlier, MBankâthe bank of validatorsâwill be the critical feature of the network. With its help, validators will be able to sell the BIPs theyâve minted placing large sell orders, and users will have the opportunity to sell any coins at a market price.
The launch of the system will proceed in four main stages:
1. Before the Mainnet goes live, validators (organizers of pools) will be able to transfer the right to request BIPs to any user through the Early Access Campaign website (minternetwork.com). The price will be fixed at 1 BTC for 100,000 BIP.
2. Once the main network is launched, validators will be able to place sell orders of 100,000 BIPsâwhich they will have minted using their personal fundsâat a fixed price (1 BTC).
3. After having tested the first two stages, we will enable each validator to set their own prices for coins and determine the size of the order.
4. Any user will be able to use their wallet to exchange any coin for BTC, ETH, and even USD, as well as for the withdrawal to a bank card.
Here is the logic behind our planâwe will first learn to execute concrete trades outside of the blockchain, then on the blockchain, then with different prices, and finally with fiat for every user.
The key operations with MBank will be accessible to users on minternetwork.com after passing KYC, so hurry up.
https://minternetwork.com/invite/helloworld
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2018-10-15 14:00:07+00:00
Release v0.5.0
Today, we are planning to update the testnet. All data will be reset.
The testnet #22 accomplishments:
⢠420,000 blocks;
⢠5,000 transactions in a block (peak);
⢠A total of 465,000 transactions.
Whatâs new in version 0.5.0?
⢠Support of multisig wallets. Will be accessible in the Console soon;
⢠Unbond period decreased to 720 blocks in the testnet;
⢠Maximum number of candidates in the network â (number of validators*3). Right from the start, there will be 48 (16*3) slots;
⢠Maximum number of delegators per one candidate/validator â 1,000;
⢠Tendermint updated to v0.25.0.
An important change for testnet validators: test coins for masternodes will now be delegated directly to a node instead of being sent to a wallet. This will enable you to test the income from the commissions you charge your delegators. We will start to distribute the coins within one to two hours of the stable functioning of the network.
https://github.com/MinterTeam/minter-go-node/releases/tag/v0.5.0
The new network will start operating at 15:00 UTC (18:00 Moscow time). We will disable the current testnet shortly before that.
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2018-10-12 12:45:55+00:00
Airdrop for KYC
Users who pass the KYC procedure before October 15 will receive an additional airdrop. Donât hesitate and sign up via @MinterNetworkBot or https://minternetwork.com/invite/helloworld!
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2018-10-11 20:29:12+00:00
âď¸ All your bonuses and airdrops are now available on this page:
https://bonus.minternetwork.com
By the way, do you already know that you will receive 10% on each balance replenishment your friends make provided they use the invitation link you gave them?
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2018-10-11 16:44:21+00:00
Participation of Funds in Minter Private Sale
As we informed you earlier, we will allow the funds (companies representing the interests of groups of people) to participate in our project in the very last moment to ensure the maximum number of users gets access to the Campaign. Despite the usual practice of selling large stakes to the funds at mind-blowing discounts, we will do a slightly different thing. All bonus formats of participation end on October 19 and the funds are not eligible to qualify. Starting October 25, however, we will remove the upper limit of 10 BTC and allow the funds to buy in.
To participate as a fund and get a special invitation, fill out this form:
https://goo.gl/forms/uYPhoh63K0pCmoGs1
Priority will be given to the 50 BTC applications because of decentralization.
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2018-10-10 14:25:01+00:00
Minter Bonuses and Airdrops
We will distribute the unrequested BIPs once the sale ends, proportionally to the buyerâs participation. Hence, many will receive bonuses that they will be able to activate during the first month after the launch of the network.
Final amount to be credited will be formed from the following sources:
⢠Purchased BIPs
⢠Bonuses in unrequested BIPs
⢠25-percent bonus for Early Access (for those who sign up before October 19)
⢠10-percent referral bonus for inviting friends
⢠Pool bonus (for those participating through a pool; up to 25%)
⢠Airdrops
We think that many users will eventually get a total amount of bonuses equal to the amount they purchased.
Remember this post as tomorrow we will make a very interesting announcement regarding bonuses!
https://bot.minternetwork.com
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2018-10-10 11:00:50+00:00
We are preparing for a future listing on an exchange and negotiating with authoritative websites about full cards of our project with the BIP cryptocurrency ticker.
The other day we got our information updated on a mega-popular CryptoCompare:
https://www.cryptocompare.com/coins/bip/overview/BTC
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2018-10-09 20:41:55+00:00
Join discussion on reddit to support Minter!
https://www.reddit.com/9msrde/
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2018-10-09 15:42:00+00:00
âĄď¸ Minter is offering a 25-percent bonus to all of the users who top up their balance until October 19, 2018, 19:00 UTC. If you have already deposited the funds to your account or plan to do so in the next 10 days, then youâll have a 25-percent bonus on all of your deposits.
It doesnât matter whether you participate directly or through a pool. A 25-percent bonus will appear for each of your transactions in a separate Bonuses and Airdrops section that will be launched in the next few days!
Sign up via @MinterNetworkBot or https://bot.minternetwork.com.
With this bonus, we want to thank all those people who have been supporting the project from the first days đ
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2018-10-09 11:07:18+00:00
FIFO: The Process of Crediting BIP after the End of the Early Access Campaign
To strengthen the security of the process of crediting the coins and ensure support for Minter network first users, we have designed the following protocol:
⢠Validator pools will be the first to receive the coins. There are only about 20 such pools, and the number of public ones is even lower. Thatâs why it will be enough for us just to check all transactions once more and transfer the corresponding volumes to the pools. The process will take 2 to 3 days.
⢠After that, a special team will start checking all incoming non-pool transactions, contact users, and help them get their BIP. At this stage, it will be essential for us to make sure that everyone understands how to claim their coins, where to transfer them, and how to protect their holdings. The process will take 1 to 2 weeks.
⢠Once we confirm that 80% of Campaign participants transferred their coins, pools fulfilled their obligations, and all users got support and consulting, we will start an airdrop that will last for months.
A few pieces of advice:
⢠If you donât want to delve into the network specifications yourself, the best option is to purchase BIP through a pool. Pools are run by professional teams who have prepared great participation mechanisms, including those involving bonuses.
⢠If you want to become one of the first BIP owners to set up your own masternode or become a delegator, the sooner you sign up for the Campaign, the better. In a young network, every day mattersâhe who starts earlier gets most of it.
⢠If you plan to create a project based on Minterâfor example, an exchange or a walletâand canât satisfy your needs under a 10 BTC limit, reach our team at @MinterPSBot so that we could help you plan everything in advance and also provide consulting on the networkâs architecture and capabilities.
The general principle, FIFO (First In First Out), implies that those who will be the first to participate in the Campaign will also be the first to receive the coins and start working with them.
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2018-10-08 14:16:30+00:00
Minter allows anyone to issue their own coin. There are two distinctive features that make our blockchain stand out:
⢠Each coin has value right from the start without the need to be listed on an exchange;
⢠Any coin can be exchanged for any other one issued in the networkâagain, without an exchange. Instantly and with no limits. Later, it will be possible to swap all of the Minter-based coins for Bitcoin, Ether, and U.S. dollar.
Itâs high time we showed you how exactly to create a coin for your own project: https://medium.com/@MinterTeam/how-to-create-your-own-coin-the-definitive-guide-9186a5c41415
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2018-10-06 15:27:57+00:00
Official Minter Channel Navigation
â White Paper
â PCO (Perpetual Coin Offering)
â Roadmap
â List of Authorized Pools
Guides
â How to Get BIP?
â How to Become a Minter Network Validator
â How to Set up a Masternode in Minter
â How to Become a Minter Network Delegator
â Solving KYC-Related Issues
Wallets (Testnet)
â Console
â Telegram Bot
â Android
â iOS
Chat for English-Speaking Users â https://t.me/joinchat/EafyERJSJZJ-nwH_139jLQ
Website â https://www.minter.network
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2018-10-05 17:02:38+00:00
We have gathered feedback from our users and composed a list of the most common obstacles they faced while passing the KYC procedure:
https://medium.com/@MinterTeam/solving-kyc-related-issues-34aaf846a602
Should you have any other problems that are not discussed in the article above, you are more than welcome to reach us at @MinterPSbot.
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2018-10-05 10:11:12+00:00
âď¸ We released our iOS wallet!
https://itunes.apple.com/us/app/bip-wallet-testnet/id1436988091?ls=1&mt=8
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2018-10-04 17:01:42+00:00
Below is a very important guide to becoming a delegator in the Minter network.
https://medium.com/@MinterTeam/how-to-become-a-minter-network-delegator-d0c2ee918909
By delegating coinsâBIPs or those issued by the projectsâusers receive a portion of block rewards and transaction fees. That is one of the most revolutionary ideas the blockchain world has ever seen! Anyoneânot only coin creators and masternode ownersâcan participate in the networkâs economy!
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2018-10-04 14:33:30+00:00
Why do we ask everyone to pass the KYC procedure?
The Early Access Campaign, during which we will distribute 100% of the networkâs pre-mine (200 million BIP), must fully comply with the modern requirements of regulators.
We as a project credit the coins to the accounts of our users. Some of them pay with Bitcoin, some participate in the airdrops, but we have to make sure that everyone fully comprehends their role in the network. For that, we need to identify our users through the KYC (Know Your Customer) process. The data is collected and processed by our partner Sum&Substance, an unrivaled leader in this field. Minter does not store your personal data, nor does it have access to it. Situations differ, however, and in the case of a valid court order, we will be able to track the whole chainâi.e., who agreed to what terms, what these users eventually received, and whether or not they fulfilled their obligations or realized their rights.
Anonymity is a good thing, for sure. But we are building the system in which people will be able to spend their BIPs and other coins using bank cards. No bank will work with us if we donât set the relationship with our users properly.
And weâve made our choice. Itâs better to have crypto that people can use to pay for coffee or withdraw to fiat rather than the anonymous one (is it that anonymous, though?) that strongly limits the use cases.
Sign up for Minter and become part of the big future: https://bot.minternetwork.com
P.S. The pre-mine is available only to users who sign up before October 31, 2018.
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2018-10-03 17:49:32+00:00
Being a validator implies many benefits. But what does it take to become one?
The answer is, you should manage your own masternode and keep it up and running. How? Find out in our latest how-to article: https://medium.com/@MinterTeam/how-to-set-up-a-masternode-in-minter-52fdea3e4580
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2018-10-03 14:21:05+00:00
Minter is too fast to be true. But it is, thanks to the unique Tendermint engine atop the DPoS consensus algorithm. Up to 10,000 transactions per block every five seconds. And that is not the limit! Forget about delays or waiting for another confirmation. You press the button, and your transaction is sent.
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2018-10-02 17:53:16+00:00
Check out our definitive guide to becoming a Validator in the Minter network:
https://medium.com/@MinterTeam/how-to-become-a-minter-network-validator-bc5f895f2cc7
It is important to understand that in our blockchain, it is the validators who will receive 98% of block rewards and 100% of transaction fees. In this regard, we are pretty conservative as we follow the example of Bitcoinâthe best, time-tested cryptocurrency!
We would like to remind you that during the Early Access Campaign that will last till October 31, we will release only 100 million BIP. With the help of these funds, validators will mint the rest (9.8 billion) of the coins in the DPoS network. Next year, we will distribute another 100 million BIP through airdrops and bonuses, with the entire giveaway event totaling almost 1,000 BTC.
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2018-10-02 13:55:40+00:00
On Sunday, August 27 at 11:00 PM Moscow time, the first hackathon of Minter was completed. The contest lasted for seven days, and all willing developers were asked to create ratings and profiles for the nodes of the project. As a result, eight works were presented. The winners received the following awards: 1st place won 3 ETH and 2nd place won 1 ETH. DeCenter talked to one of the contest participants, Nikolay Votintsev, who created the minter.live site overnight and received 1 Ether for the "elegant implementation" of the rating of validators.
http://dcntr.org/hackathon-1
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2018-10-02 09:46:53+00:00
âď¸ We are pleased to inform you that we just received a message that our company Minter Global OU (Estonia) had been successfully registered. It is this company that will start to build the crypto-to-fiat and fiat-to-crypto conversion operations for our Validatorsâ Decentralized Bank (MBank). We expect that branded banking cards allowing users to pay for real-life goods and services with BIP could arrive as soon as the first half of 2019. As you may have figured out, what we mean is not only BIP but also all of the other coins issued in the Minter network due to their instant exchangeability!
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2018-10-02 08:00:44+00:00
Check out the detailed review of our project prepared by an authoritative source ICORating: https://icorating.com/analytics/basic/minter-basic-review/
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2018-10-01 18:12:51+00:00
đĽ Great news, everyone!
Since recently, everyone can participate in the Early Access Campaign who signs up via the @MinterNetworkBot and chooses the User status. The contribution of such members is capped at 1 BTC, but they will be able to take part in the airdrops and get various bonuses.
We have introduced such a format for those who want to get some gifts from the network in the first place. And we will be generousâthe total worth of airdropped coins will be about 1,000 BTC.
Check out our guide on how to register in the system: https://medium.com/@MinterTeam/how-to-get-bip-84f4b04e9c91
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2018-10-01 14:01:52+00:00
On October 17 and 18, we will be speaking at the Crypto Games Conference in Minsk, Belarus!
Daniil Lashin will be delivering his report on how to utilize our blockchain to integrate any cryptocurrency into any game.
The conference is unique in the topic it covers. Sign up and buy a ticket at https://cryptogames.events.
Our followers are eligible for a 20-percent discount using the DeCenterâs promo code: DECENTER.CGC
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2018-10-01 12:20:43+00:00
The technology of blockchain is gradually penetrating into all social strata of the planet's population. There are specialists of different professions, political views, nationalities, gender, and, most importantly, different ages in the new industry. Teens are interested in blockchain, as there are examples of eleven-year-old programmers writing books about Bitcoin or mining on money saved from school meals. Things are a bit more complicated with a more mature generation because some people of retirement age do not want to learn even about the Internet. Still, there are those who see the future in cryptocurrencies. We talked with a delegator of the Minter network Alexander Pyzhov, who began to take an interest in the project upon entering retirement age.
http://dcntr.org/pyzhov-interview