Forwarded from Minter Network
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 Bitcoin—the 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.
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 Bitcoin—the 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.
Medium
How to Become a Minter Network Validator
In the Minter blockchain, the validators confirm the transactions, write the information to the blocks, and maintain the network — that is…
Decentralized Exchanges and Counterparty Risk
How will markets transition from centralized exchanges to decentralized exchanges (LocalBitcoins, cash ATMs, Bisq, cross-chain atomic swaps)? Could fiat-pegged cryptocurrencies ease the process of fiat-to-crypto exchanges? How could the counterparty risk introduced by custodial parties like Tether affect the security of Bitcoin and the cryptocurrency ecosystem at large?
https://youtu.be/hi_jaw0dT9M
#flashcards
How will markets transition from centralized exchanges to decentralized exchanges (LocalBitcoins, cash ATMs, Bisq, cross-chain atomic swaps)? Could fiat-pegged cryptocurrencies ease the process of fiat-to-crypto exchanges? How could the counterparty risk introduced by custodial parties like Tether affect the security of Bitcoin and the cryptocurrency ecosystem at large?
https://youtu.be/hi_jaw0dT9M
#flashcards
YouTube
Bitcoin Q&A: Decentralised Exchanges and Counterparty Risk
How will markets transition from centralised exchanges to decentralised exchanges (LocalBitcoins, cash ATMs, Bisq, cross-chain atomic swaps)? Could fiat-pegged cryptocurrencies ease the process of fiat-to-crypto exchanges? How could the counterparty risk…
The SEC Evades Acute Issues Once Again and Surprises the Market
Past Week in Crypto: What Was It Like?
Read Now >
Past Week in Crypto: What Was It Like?
Read Now >
decenter.org
The SEC Evades Acute Issues Once Again and Surprises the Market
The crypto market reels after the decision of the SEC on Bitcoin ETFs.
📨 #DeCenterDaily
🇺🇸 Blockchain could be a $7 billion market and a major boost to Amazon and Microsoft, Bank of America says.
via Cointelegraph
💸 Venture capital investment in blockchain startups has soared 280% so far this year.
via coindesk
🚨 More than half of the cryptocurrency exchanges have security holes, ICORating reports.
via Bitcoin.com
🇻🇪 Venezuela President Nicolas Maduro announced the public sale of Petro would start November 5.
via Bitcoinist
💰 Coinbase may soon receive a $500 million investment that would boost the startup’s valuation close to $8 billion.
via ccn
🇺🇸 Blockchain could be a $7 billion market and a major boost to Amazon and Microsoft, Bank of America says.
via Cointelegraph
💸 Venture capital investment in blockchain startups has soared 280% so far this year.
via coindesk
🚨 More than half of the cryptocurrency exchanges have security holes, ICORating reports.
via Bitcoin.com
🇻🇪 Venezuela President Nicolas Maduro announced the public sale of Petro would start November 5.
via Bitcoinist
💰 Coinbase may soon receive a $500 million investment that would boost the startup’s valuation close to $8 billion.
via ccn
Forwarded from Minter Network
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.
Forwarded from Minter Network
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
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
Medium
How to Set up a Masternode in Minter
Users can start the masternode in the Minter network in a few minutes. After the creation of a masternode in the project’s blockchain, the…
What Is Segregated Witness (SegWit)?
How do you know you’re using SegWit? SegWit fixes transaction malleability and enables further upgrades towards Bitcoin smart contracts. Can transaction malleability lead to denial-of-service (DoS) attacks? Does SegWit put witness data in a different block? Did SegWit change transaction validation? versus? Are there any security risks of invalid blocks?
https://youtu.be/dtOjjB4mD8k
#flashcards
How do you know you’re using SegWit? SegWit fixes transaction malleability and enables further upgrades towards Bitcoin smart contracts. Can transaction malleability lead to denial-of-service (DoS) attacks? Does SegWit put witness data in a different block? Did SegWit change transaction validation? versus? Are there any security risks of invalid blocks?
https://youtu.be/dtOjjB4mD8k
#flashcards
YouTube
Bitcoin Q&A: What is Segregated Witness?
What is Segregated Witness (SegWit)? How do you know you’re using SegWit? SegWit fixes transaction malleability and enables further upgrades towards Bitcoin smart contracts. Can transaction malleability lead to denial-of-service (DoS) attacks? Does SegWit…
Crypto Companies Are Going for IPOs: Everything about the Bitmain IPO and Why They Need It in the First Place
The protracted downward rally of Bitcoin in the first half of 2018 made many people doubt that cryptocurrencies are an innovative breakthrough and promising future of the economy. A strong decline in the capitalization of many coins (almost all of them) seems to soon break down even the most active of crypto enthusiasts. But a mechanism came into motion behind the curtain of the stock charts that made the price of Bitcoin not move up or down, but to the right, desperately resisting the bear trend. This is positive news about the market.
Learn More >
The protracted downward rally of Bitcoin in the first half of 2018 made many people doubt that cryptocurrencies are an innovative breakthrough and promising future of the economy. A strong decline in the capitalization of many coins (almost all of them) seems to soon break down even the most active of crypto enthusiasts. But a mechanism came into motion behind the curtain of the stock charts that made the price of Bitcoin not move up or down, but to the right, desperately resisting the bear trend. This is positive news about the market.
Learn More >
decenter.org
Crypto Companies Are Going for IPOs: Everything about the Bitmain IPO and Why They Need It in the First Place
The largest mining equipment producer in the world wants to go global with an IPO.
Federal Reserve VP of treasury predicts that a state-controlled fiat currency will be issued on a blockchain within five years.
Read More >
Read More >
Forbes
Federal Reserve VP Describes The Limits Of Cryptocurrency Partnerships
This central banker may not trust outsiders with the U.S. dollar, but he's part of a larger push around the world to re-imagine monetary systems.
Forwarded from Minter Network
Why do we ask everyone to pass the KYC procedure?
The Early Access Campaign, during which we will distribute 100% of the network’s 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 chain—i.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 don’t set the relationship with our users properly.
And we’ve made our choice. It’s 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.
The Early Access Campaign, during which we will distribute 100% of the network’s 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 chain—i.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 don’t set the relationship with our users properly.
And we’ve made our choice. It’s 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.
Minternetwork
Early Access Campaign
Participate in the Early Access Campaign to become an early adopter of the Minter network and also one of the first people to receive BIP.
Forwarded from Minter Network
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 coins—BIPs or those issued by the projects—users receive a portion of block rewards and transaction fees. That is one of the most revolutionary ideas the blockchain world has ever seen! Anyone—not only coin creators and masternode owners—can participate in the network’s economy!
https://medium.com/@MinterTeam/how-to-become-a-minter-network-delegator-d0c2ee918909
By delegating coins—BIPs or those issued by the projects—users receive a portion of block rewards and transaction fees. That is one of the most revolutionary ideas the blockchain world has ever seen! Anyone—not only coin creators and masternode owners—can participate in the network’s economy!
Medium
How to Become a Minter Network Delegator
A holder of any coin in the Minter network can become a delegator. In order to become a delegator, the user must send a delegation…
Paper Wallets
What are the risks and benefits of paper wallets? How do you spend from them? Why are they hard to create and use securely? Why is a hardware wallet preferable?
https://youtu.be/cKehFazo8Pw
#flashcards
What are the risks and benefits of paper wallets? How do you spend from them? Why are they hard to create and use securely? Why is a hardware wallet preferable?
https://youtu.be/cKehFazo8Pw
#flashcards
YouTube
Bitcoin Q&A: Using Paper Wallets
What are the risks and benefits of paper wallets? How do you spend from them? Why are they hard to create and use securely? Why is a hardware wallet preferable?
Chapters
0:00 When spending part of the funds in a paper wallet, why do you risk losing your…
Chapters
0:00 When spending part of the funds in a paper wallet, why do you risk losing your…
Have the DEXs Fallen before Regulators?
Centralized, decentralized, hybrid, and so on. The choice of crypto exchanges today is broad, but it is not simple. Traditionally, the most obvious difference between CEX and DEX was controllability of the regulator. Centralized sites sought to improve relations with the SEC, sacrificing user comfort, while decentralized defended privacy. A new player, however, the decentralized Everbloom exchange, which has already established relations with several financial regulators, wants to break this balance of forces.
Learn More Now >
Centralized, decentralized, hybrid, and so on. The choice of crypto exchanges today is broad, but it is not simple. Traditionally, the most obvious difference between CEX and DEX was controllability of the regulator. Centralized sites sought to improve relations with the SEC, sacrificing user comfort, while decentralized defended privacy. A new player, however, the decentralized Everbloom exchange, which has already established relations with several financial regulators, wants to break this balance of forces.
Learn More Now >
decenter.org
Have the DEXs Fallen before Regulators?
Decentralized exchanges are forced to compromise user convenience and implement compliance procedures by regulators.
Forwarded from Minter Network
⭐️ We released our iOS wallet!
https://itunes.apple.com/us/app/bip-wallet-testnet/id1436988091?ls=1&mt=8
https://itunes.apple.com/us/app/bip-wallet-testnet/id1436988091?ls=1&mt=8
Forwarded from Minter Network
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.
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.
Medium
Solving KYC-Related Issues
When registering to participate in the Minter Early Access Campaign, all users need to go through the KYC (Know Your Customer) procedure…
Why Bitcoin Will Cost a Million
Have you thought that investors have already lost a chance to earn money on the growth of the price of Bitcoin and other cryptocurrencies after 2013 and 2017? Missed opportunities greatly affect the perception of what lies ahead. Especially when the market does not show its characteristic green color. But one fact must be admitted that the price of Bitcoin will most likely rise to $1,000,000, rather than fall to zero. Its history confirms this fact.
Learn Now >
Have you thought that investors have already lost a chance to earn money on the growth of the price of Bitcoin and other cryptocurrencies after 2013 and 2017? Missed opportunities greatly affect the perception of what lies ahead. Especially when the market does not show its characteristic green color. But one fact must be admitted that the price of Bitcoin will most likely rise to $1,000,000, rather than fall to zero. Its history confirms this fact.
Learn Now >
decenter.org
Why Bitcoin Will Cost a Million
Despite its sluggish dynamics, Bitcoin is still headed for the top. Just a bit later.
How Do Cryptocurrency Exchanges Operate in an Era of Declining Digital Assets?
The rates of cryptocurrencies are inexorably falling and maintaining bearish trends. But despite this, cryptocurrency exchanges, even little-known startups, continue to earn and, in some cases, show an increase in trading volumes. How do crypto platforms manage to expand against the background of the low cost of Bitcoin compared to December 2017, and what do popular exchanges do to attract new users?
Read More >
The rates of cryptocurrencies are inexorably falling and maintaining bearish trends. But despite this, cryptocurrency exchanges, even little-known startups, continue to earn and, in some cases, show an increase in trading volumes. How do crypto platforms manage to expand against the background of the low cost of Bitcoin compared to December 2017, and what do popular exchanges do to attract new users?
Read More >
decenter.org
How Do Cryptocurrency Exchanges Operate in an Era of Declining Digital Assets?
New crypto exchanges are emerging and taking the lead in terms of market capitalization.
Forwarded from Minter Network
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 network—again, 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.
It’s 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
• 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 network—again, 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.
It’s 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
Medium
How to Create Your Own Coin: The Definitive Guide
Updated on May 28, 2019
What If the Cryptocurrency Rally Does (Not) Happen before the End of the Year?
What awaits the cryptocurrency market in the last weeks of the outgoing 2018? October has come, and, as the chief analyst for ThinkMarkets U.K. Naeem Aslam noted, the current situation resembles the beginning of the 2017 bull market. Even the fact that Bitcoin is struggling to break through resistance levels at $6,800 and $7,000 at the beginning of October while keeping the support line at $6,000 is very similar to what it was 12 months ago. Then, Bitcoin cost a little more than $3,000, and in the end, soared to a level of $20,085 on December 17.
Learn More Now >
What awaits the cryptocurrency market in the last weeks of the outgoing 2018? October has come, and, as the chief analyst for ThinkMarkets U.K. Naeem Aslam noted, the current situation resembles the beginning of the 2017 bull market. Even the fact that Bitcoin is struggling to break through resistance levels at $6,800 and $7,000 at the beginning of October while keeping the support line at $6,000 is very similar to what it was 12 months ago. Then, Bitcoin cost a little more than $3,000, and in the end, soared to a level of $20,085 on December 17.
Learn More Now >
decenter.org
What If the Cryptocurrency Rally Does (Not) Happen before the End of the Year?
The grim and not so grim prospects that await the crypto market by the end of the year.