🇨🇳 Minter steps on Chinese soil!
https://www.bitcat365.com/ann/bit-cat-start-minter-validator-service
https://www.bitcat365.com/ann/bit-cat-start-minter-validator-service
100,000 Blocks
Block #100,000 was just generated on the Minter network! It was produced by the BTC.Secure validator. We want to congratulate all members of our community on this little yet significant milestone. The blockchain is stable, all performance targets are met, and transactions are processed in less than five seconds!
At the moment, our team is putting all of its efforts into creating the Validators’ Bank that will enable any participant of the network to buy or sell BIP at a price determined by daily voting! Stay tuned!
Minter, the Internet of Money (IoM)
So Long, and Thanks for All the Fish!
Block #100,000 was just generated on the Minter network! It was produced by the BTC.Secure validator. We want to congratulate all members of our community on this little yet significant milestone. The blockchain is stable, all performance targets are met, and transactions are processed in less than five seconds!
At the moment, our team is putting all of its efforts into creating the Validators’ Bank that will enable any participant of the network to buy or sell BIP at a price determined by daily voting! Stay tuned!
Minter, the Internet of Money (IoM)
So Long, and Thanks for All the Fish!
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Beer for BIP: historic moment, instant transfer.
A pint for 12 BIP. Bitcoin had pizza for 10,000 BTC, and we got a pint of beer 🍺
A pint for 12 BIP. Bitcoin had pizza for 10,000 BTC, and we got a pint of beer 🍺
#Weekly Community Update (May 27, 2019)
💡 After the launch, the work still continues. That being said, we are returning to the good old update format! We also have some good news for those who failed to submit their address in time. If that is the case with you, use the Early Access Dashboard to send your address to us. Please keep in mind that the process of crediting funds to such wallets is carried out manually and may take up to 3 days. Below is what our team did while you were delegating, exchanging, and sending BIP on the fastest blockchain:
* added the auto-delegation tool in Console
* worked on the data display in Explorer
* resolved an issue with sending transactions via Console and applications
* re-enabled users to submit their mainnet address
* updated and improved Android and iOS apps
Stay tuned!
💡 After the launch, the work still continues. That being said, we are returning to the good old update format! We also have some good news for those who failed to submit their address in time. If that is the case with you, use the Early Access Dashboard to send your address to us. Please keep in mind that the process of crediting funds to such wallets is carried out manually and may take up to 3 days. Below is what our team did while you were delegating, exchanging, and sending BIP on the fastest blockchain:
* added the auto-delegation tool in Console
* worked on the data display in Explorer
* resolved an issue with sending transactions via Console and applications
* re-enabled users to submit their mainnet address
* updated and improved Android and iOS apps
Stay tuned!
#Weekly Community Update (June 3, 2019)
🎁 Last Friday, all Early Access Campaign participants received their bonuses. Below is the list of changes our team did last week:
— Re-designed the validator page in Explorer;
— Updated the blockchain & fixed a couple of minor issues;
— Resolved the issue with custom coins;
— Simplified the process of copying addresses in the iOS app;
— Updated the Android application.
Stay tuned!
🎁 Last Friday, all Early Access Campaign participants received their bonuses. Below is the list of changes our team did last week:
— Re-designed the validator page in Explorer;
— Updated the blockchain & fixed a couple of minor issues;
— Resolved the issue with custom coins;
— Simplified the process of copying addresses in the iOS app;
— Updated the Android application.
Stay tuned!
MDF has been granted the right to trade in USD pairs on the Bittrex exchange. It means that sooner or later, DAO funds will become convertible to fiat, which will help us speed up the network development by paying for non-crypto services, such as advertising on Facebook and Google or participating in exhibitions all over the world.
#Weekly Community Update (June 11, 2019)
— Added the section with delegated stakes in the web version of the wallet; iOS and Android are coming.
— Added more information about the coins and network status on the status.minter.network page.
— Updated the blockchain and resolved an important issue.
— Fixed an issue with testnet checks.
— Corrected the display of deleted coins in the Explorer.
— Added the display of a QR code in the Console.
— Added the section with delegated stakes in the web version of the wallet; iOS and Android are coming.
— Added more information about the coins and network status on the status.minter.network page.
— Updated the blockchain and resolved an important issue.
— Fixed an issue with testnet checks.
— Corrected the display of deleted coins in the Explorer.
— Added the display of a QR code in the Console.
#Weekly Community Update (June 18, 2019)
👶 Last Saturday night, four new slots for validators opened. This will be happening once every month, so if you were considering whether to launch your own masternode, it is the best time to do that. Congratulations to all the new additions to the list of active validators!
Apart from that, we also:
— added the section with delegated stakes in iOS and Android apps;
— added the Payload message field in mobile applications;
— enabled users to copy addresses straight from the transaction history;
— updated the Explorer, introducing more information about the coins on the address page and a convenient number display format;
— launched a bot for collecting feedback: @MinterContactBot. If you’ve been seeking some new functionality, make sure to drop us a line describing it!
Stay tuned!
👶 Last Saturday night, four new slots for validators opened. This will be happening once every month, so if you were considering whether to launch your own masternode, it is the best time to do that. Congratulations to all the new additions to the list of active validators!
Apart from that, we also:
— added the section with delegated stakes in iOS and Android apps;
— added the Payload message field in mobile applications;
— enabled users to copy addresses straight from the transaction history;
— updated the Explorer, introducing more information about the coins on the address page and a convenient number display format;
— launched a bot for collecting feedback: @MinterContactBot. If you’ve been seeking some new functionality, make sure to drop us a line describing it!
Stay tuned!
#Weekly Community Update (June 26, 2019)
💸 Last week, we distributed balances and airdrops for users who submitted their addresses after the mainnet launch. Check the wallet you specified on the Early Access Campaign Dashboard page—chances are, you will be surprised, too. In addition to that, we also:
— Changed a number display format in the Explorer.
— Added the display of transaction fees in the bip.to wallet.
— Updated the iOS and Android applications.
— Fixed the display of reward charts and multi-transactions in the Console.
Stay tuned!
💸 Last week, we distributed balances and airdrops for users who submitted their addresses after the mainnet launch. Check the wallet you specified on the Early Access Campaign Dashboard page—chances are, you will be surprised, too. In addition to that, we also:
— Changed a number display format in the Explorer.
— Added the display of transaction fees in the bip.to wallet.
— Updated the iOS and Android applications.
— Fixed the display of reward charts and multi-transactions in the Console.
Stay tuned!
#Weekly Community Update (July 3, 2019)
Last week, we
— added the USE MAX button in the Console so that you could conveniently send the full amount of a chosen coin
— made BIP a default currency for paying transaction fees when sending via the Console
— moved the display of a transaction message in the Explorer up to the very top
— improved the process of sending transactions via the local console
— added the C++ SDK and updated the documentation
Stay tuned!
Last week, we
— added the USE MAX button in the Console so that you could conveniently send the full amount of a chosen coin
— made BIP a default currency for paying transaction fees when sending via the Console
— moved the display of a transaction message in the Explorer up to the very top
— improved the process of sending transactions via the local console
— added the C++ SDK and updated the documentation
Stay tuned!
Above all things, MBank will be needed for automated systems and atomic swapping.
People themselves can decide how profitable the deal would be if made right here and right now. Machines are not that intelligent as they need a comprehensible algorithmic environment with the complete predictability of the exchange operation outcome. It is these robots that exchanges and services for selling BIP and other Minter-based coins will connect to.
The official price plays a pivotal role here, being a gateway for both entering the project and exiting it. In reality, the addresses transfer the rights to BIP ownership between one another. There are neither new nor burned coins; they don’t appear on or disappear from the network, either. All they do is change hands.
Liquidity Providers will be able to use MBank for building long-term products, where it is paramount to have stability and unlimited liquidity with guarantees. All other users will be able to put their BIP and custom coins up for sale at any price.
#mbank
People themselves can decide how profitable the deal would be if made right here and right now. Machines are not that intelligent as they need a comprehensible algorithmic environment with the complete predictability of the exchange operation outcome. It is these robots that exchanges and services for selling BIP and other Minter-based coins will connect to.
The official price plays a pivotal role here, being a gateway for both entering the project and exiting it. In reality, the addresses transfer the rights to BIP ownership between one another. There are neither new nor burned coins; they don’t appear on or disappear from the network, either. All they do is change hands.
Liquidity Providers will be able to use MBank for building long-term products, where it is paramount to have stability and unlimited liquidity with guarantees. All other users will be able to put their BIP and custom coins up for sale at any price.
#mbank
The project code-named “MBank” will enter the public testing phase on July 15, 2019.
We will start revealing more details as soon as next week.
#mbank
We will start revealing more details as soon as next week.
#mbank
Listing
After discussions, we decided that instead of applying for BIP to be listed on exchanges, we will list BTC and ETH on the Minter network.
Why go to an exchange if we are an exchange ourselves? A truly decentralized exchange, not the “Hey, we got hacked, so let’s do a re-org!” one.
The ability to freely convert BIP into BTC, ETH, and USDT will make us the strongest and most reliable exchange in the world.
After discussions, we decided that instead of applying for BIP to be listed on exchanges, we will list BTC and ETH on the Minter network.
Why go to an exchange if we are an exchange ourselves? A truly decentralized exchange, not the “Hey, we got hacked, so let’s do a re-org!” one.
The ability to freely convert BIP into BTC, ETH, and USDT will make us the strongest and most reliable exchange in the world.
First users have already started getting their invites to test MBank: https://news.1rj.ru/str/MinterTeam/116
Make sure to halt active OTC trading for a while, especially if you deal without a guarantor.
The target price determined by the vote of network participants is $0.32. Let’s move towards it together!
#mbank #32
Make sure to halt active OTC trading for a while, especially if you deal without a guarantor.
The target price determined by the vote of network participants is $0.32. Let’s move towards it together!
#mbank #32
Telegram
Minter Network
The project code-named “MBank” will enter the public testing phase on July 15, 2019.
We will start revealing more details as soon as next week.
#mbank
We will start revealing more details as soon as next week.
#mbank
Minter Network
First users have already started getting their invites to test MBank: https://news.1rj.ru/str/MinterTeam/116 Make sure to halt active OTC trading for a while, especially if you deal without a guarantor. The target price determined by the vote of network participants…
🦄 MBank’s first purchase and sale of BIP for Bitcoin!
https://explorer.minter.network/transactions/Mt0044f182899b52d4eb672b94b0b0c27353447aae96575856654473b17aed980a
#mbank
https://explorer.minter.network/transactions/Mt0044f182899b52d4eb672b94b0b0c27353447aae96575856654473b17aed980a
#mbank
Mining with Brain
We have repeatedly stated that the core value of our network is developers and those who use their projects. And while the vast majority of the community is waiting for the MBank launch, there is a much larger system in the works—the platform for Minter Geeks.
Let’s get straight to the point: top-notch developers, designers, managers, and marketers will have a chance to undergo a merit-based scoring process and start receiving daily payouts from a dedicated fund. They will be able to spend these funds on whatever they deem necessary, such as launching prototypes, hiring personnel, and paying for hosting services. We do not set any limits; what we do, though, is aim to build a system of continuous support for those who do something that matters network-wide.
In the beginning, the fund will be comprised of donations, and all coins will be delegated to the masternodes so that everyone could start getting their daily share. The initial size of the Geeks Fund will stand at 30 million BIP. Twenty million will be provided by the DAO, and another ten, by the team.
We are establishing a system, the first of its kind, where anyone who can really do something meaningful for the community will be rewarded for their brain on a day-to-day basis!
#MinterGeeks
We have repeatedly stated that the core value of our network is developers and those who use their projects. And while the vast majority of the community is waiting for the MBank launch, there is a much larger system in the works—the platform for Minter Geeks.
Let’s get straight to the point: top-notch developers, designers, managers, and marketers will have a chance to undergo a merit-based scoring process and start receiving daily payouts from a dedicated fund. They will be able to spend these funds on whatever they deem necessary, such as launching prototypes, hiring personnel, and paying for hosting services. We do not set any limits; what we do, though, is aim to build a system of continuous support for those who do something that matters network-wide.
In the beginning, the fund will be comprised of donations, and all coins will be delegated to the masternodes so that everyone could start getting their daily share. The initial size of the Geeks Fund will stand at 30 million BIP. Twenty million will be provided by the DAO, and another ten, by the team.
We are establishing a system, the first of its kind, where anyone who can really do something meaningful for the community will be rewarded for their brain on a day-to-day basis!
#MinterGeeks
The alpha version of the #mbank project
https://bip.dev
Here you can buy/sell BIP and custom coins for BTC.
Functionality:
– Deals are automated, and all participants are guaranteed to receive the funds;
– There are no commission fees, neither with Bitcoin nor with Minter-based coins. The exchange operation itself also comes free of charge;
– The price is fixed at the moment you send Bitcoin. Even if a transaction takes 24 hours to complete and the price changes during this period, a buyer gets no less than anticipated;
– Any user can place a sell order of any volume* and at any price per unit. This applies to all coins issued in the Minter network;
– For each order, a unique link is generated. One can use it to buy a specified volume at a specified price per unit from a specific seller;
– The link will be useful for Projects as they will be able to put it on their websites, in apps or bots;
– You cannot cancel your order. If coins are not sold in seven days, however, they will be returned to your address. Again, at no additional cost;
– If the price you have set falls within the current range indicated on the homepage, buyers will purchase coins that cost less in the first place.
While you all test this alpha version at your own risk, we have already started working on the beta. With it, we intend to enable you to buy BIP with any credit card. We will also add support for major cryptocurrencies, both for selling and buying.
For all of us, this service is experimental, the first in a slew of Liquidity Providers. Once we have put all the features to the test, we will start gradually integrating it into BIP wallets to make all types of conversion available at one place—the one where you exchange Minter-based coins now.
The main feature that we plan to roll out within a month is letting projects sell BIP at the official price. For that, we will implement the price voting mechanism and mechanism for voting for the projects through COIN.
A couple of answers to the most frequently asked questions:
– As of today, one can only buy with Bitcoin;
– In case you are buying via a unique link, you do not have to purchase the whole volume. You can buy any amount, even the one surpassing that specified in the order. The system will match your order with the offer no worse than the actual one or send you an e-mail outlining how you can claim back the BTC that has not been spent;
– You can sell your custom coins at any price; it does not necessarily need to match the rates observed in the Minter network;
– If you save the top-up link, you can add more coins as you sell. This is convenient if you put up the link somewhere for a long time.
Now, the most interesting part for those who made it to the end of this post:
On the website, you see the average price of BIP, which is based on a large number of orders. When you send Bitcoin, the system guarantees that the coins you will get will cost no more than the indicative price. Actually, your Bitcoin will “collect” the cheapest orders first, meaning that eventually, you will receive 10–50% more. That is the price paid by those who deviate greatly from the average price—they create surplus captured by the buyers.
*ATTENTION: transactions containing less than 1,000 BIP do not count in the system and are not returned. Do not send less than 1,000 BIP or the equivalent amount of a custom coin. The price range limit for BIP is $0.01–0.32; for other coins, $0.01–1,000.
https://bip.dev
Here you can buy/sell BIP and custom coins for BTC.
Functionality:
– Deals are automated, and all participants are guaranteed to receive the funds;
– There are no commission fees, neither with Bitcoin nor with Minter-based coins. The exchange operation itself also comes free of charge;
– The price is fixed at the moment you send Bitcoin. Even if a transaction takes 24 hours to complete and the price changes during this period, a buyer gets no less than anticipated;
– Any user can place a sell order of any volume* and at any price per unit. This applies to all coins issued in the Minter network;
– For each order, a unique link is generated. One can use it to buy a specified volume at a specified price per unit from a specific seller;
– The link will be useful for Projects as they will be able to put it on their websites, in apps or bots;
– You cannot cancel your order. If coins are not sold in seven days, however, they will be returned to your address. Again, at no additional cost;
– If the price you have set falls within the current range indicated on the homepage, buyers will purchase coins that cost less in the first place.
While you all test this alpha version at your own risk, we have already started working on the beta. With it, we intend to enable you to buy BIP with any credit card. We will also add support for major cryptocurrencies, both for selling and buying.
For all of us, this service is experimental, the first in a slew of Liquidity Providers. Once we have put all the features to the test, we will start gradually integrating it into BIP wallets to make all types of conversion available at one place—the one where you exchange Minter-based coins now.
The main feature that we plan to roll out within a month is letting projects sell BIP at the official price. For that, we will implement the price voting mechanism and mechanism for voting for the projects through COIN.
A couple of answers to the most frequently asked questions:
– As of today, one can only buy with Bitcoin;
– In case you are buying via a unique link, you do not have to purchase the whole volume. You can buy any amount, even the one surpassing that specified in the order. The system will match your order with the offer no worse than the actual one or send you an e-mail outlining how you can claim back the BTC that has not been spent;
– You can sell your custom coins at any price; it does not necessarily need to match the rates observed in the Minter network;
– If you save the top-up link, you can add more coins as you sell. This is convenient if you put up the link somewhere for a long time.
Now, the most interesting part for those who made it to the end of this post:
On the website, you see the average price of BIP, which is based on a large number of orders. When you send Bitcoin, the system guarantees that the coins you will get will cost no more than the indicative price. Actually, your Bitcoin will “collect” the cheapest orders first, meaning that eventually, you will receive 10–50% more. That is the price paid by those who deviate greatly from the average price—they create surplus captured by the buyers.
*ATTENTION: transactions containing less than 1,000 BIP do not count in the system and are not returned. Do not send less than 1,000 BIP or the equivalent amount of a custom coin. The price range limit for BIP is $0.01–0.32; for other coins, $0.01–1,000.
🚀 We have launched the largest and fairest giveaway in Telegram's history! Join now and don't forget to invite your friends: t.me/MinterContestBot
Monke (Money Keyboard)
This is perhaps the most large-scale Minter-powered project to date. Your funds are now not limited to BIP Wallet, Console, or Telegram bot. With Monke, they are in any application of your choice, always at your fingertips, and can be accessed in the most easy-to-understand way—from your keyboard.
Now that you think of it, money is another information layer that individuals exchange on a daily basis. The number of transactions grows as money management becomes easier. What we aim to make is not a step but a leap toward user-friendliness—money has to be everywhere it is needed. The Minter network has many developments in this area, from instant transactions and conversion operations to checks that users can send to anyone who will later redeem them themselves.
Telegram will launch GRAM inside its messenger, and Facebook also plans to use the Libra coin within WhatsApp. Monke gives freedom to each and every one of your coins; freedom, which is embedded in all iOS apps. And later, Android.
Money has to be everywhere!
The project’s official coin is BANANA.
https://en.monke.io
#monke #banana
This is perhaps the most large-scale Minter-powered project to date. Your funds are now not limited to BIP Wallet, Console, or Telegram bot. With Monke, they are in any application of your choice, always at your fingertips, and can be accessed in the most easy-to-understand way—from your keyboard.
Now that you think of it, money is another information layer that individuals exchange on a daily basis. The number of transactions grows as money management becomes easier. What we aim to make is not a step but a leap toward user-friendliness—money has to be everywhere it is needed. The Minter network has many developments in this area, from instant transactions and conversion operations to checks that users can send to anyone who will later redeem them themselves.
Telegram will launch GRAM inside its messenger, and Facebook also plans to use the Libra coin within WhatsApp. Monke gives freedom to each and every one of your coins; freedom, which is embedded in all iOS apps. And later, Android.
Money has to be everywhere!
The project’s official coin is BANANA.
https://en.monke.io
#monke #banana
Monke Eng
Monke the money keyboard. Powered by Minter.
Now to the important news. Minter Development Foundation, a U.S.-based company representing the interests of the network and DAO, has successfully opened accounts in several U.S. banks and corporate accounts on U.S. exchanges. No, it is not that our keyboard has only “U” and “S” letters; we intentionally highlighted the initialism “U.S.” for three times. The reason is, it is the world’s largest, most progressive, and most promising crypto market. We are perhaps among those few projects that reached it so fast. Starting fall 2019, we will begin exchanging BIP for U.S. dollars and officially running the ad and PR campaigns in the U.S., Canada, and Mexico on all platforms available—for example, Facebook and Google.
Operating as a U.S.-based non-stock, non-profit foundation, we will have every chance to be listed specifically on regulated U.S. crypto exchanges as it is easiest for them to add projects with comprehensive and legally-compliant roots. But we aim for a much more exciting trading format, which is ETFs. If you do not know what that is, just google it and rejoice. Because a coin stored in the wallets on the exchanges is one thing. An asset that is included in the portfolios of the world’s largest investment firms is another. And where do those shops primarily operate? Right! In the U.S.
Only proper legal structure, transparent financial flows, and the legality of the business will allow us to hire special agents that will be drafting our ETF application, prove its viability to the SEC, and combat rejection should it occur. The process is lengthy, but in the long run, it is the only one that matters if we are to build the full-fledged Internet of Money.
#US #foundation #ETF
Operating as a U.S.-based non-stock, non-profit foundation, we will have every chance to be listed specifically on regulated U.S. crypto exchanges as it is easiest for them to add projects with comprehensive and legally-compliant roots. But we aim for a much more exciting trading format, which is ETFs. If you do not know what that is, just google it and rejoice. Because a coin stored in the wallets on the exchanges is one thing. An asset that is included in the portfolios of the world’s largest investment firms is another. And where do those shops primarily operate? Right! In the U.S.
Only proper legal structure, transparent financial flows, and the legality of the business will allow us to hire special agents that will be drafting our ETF application, prove its viability to the SEC, and combat rejection should it occur. The process is lengthy, but in the long run, it is the only one that matters if we are to build the full-fledged Internet of Money.
#US #foundation #ETF