The first version of our network's White Paper https://medium.com/@MinterTeam/minter-white-paper-version-0-1-2ab4020c7438

The Minter blockchain network has become one of the first projects ever to execute the KYC procedure using the Telegram Passport. Usually, it takes an average user several hours—if not days—to complete the registration process on a cryptocurrency exchange. Sum&Substance, which is the KYC/AML solutions market leader, is going to change that for good. The verification process will now take one minute and require a user to upload their passport or government-issued ID and verify their e-mail address and mobile phone number. The response will be available almost instantly!

You may experience this brand new approach on the Minter private sale page: https://www.minter.network/ps

For more detail, check out the article: http://dcntr.org/verify-on-the-fly

Minter Validator: The Network Is Ready for Operation

More than six months ago, the Minter test network was launched, which aims to allow for creating individual coins and integrate them into various projects. The blockchain running on the Tendermint engine and using the Delegated Proof-of-Stake (DPoS) consensus algorithm has already found its validators, who will support the network and form the blocks using masternodes. DeCenter spoke of the goals, the difficulties of working on Minter, and the remuneration for the functioning of the network with Evgeniy Taburyanskiy, creator of the StakeholderSpace project that was one of the first to launch a validator on the Minter network.

Learn More Now! >

We are happy to introduce the updated version of our white paper!

In Minter White Paper v.0.3, we added more in-depth details about the features of our product and also outlined its primary competitive advantages:

• Transactions happen instantly—a person receives money in a matter of seconds. You no more need to wait for confirmations, the transactions are irreversible;
• You may convert BIP to Bitcoin, Ether, and even the U.S. dollar whenever you want to;
• Absolute liquidity. Each coin has instant and absolute liquidity, and users can create their own coins and exchange them for the coins of other projects to use services they offer. All coins issued in the Minter network have value right from the start, and for that, they do not need to be listed on the exchanges.

https://medium.com/@MinterTeam/minter-white-paper-3f0121f80c87

Dear Minter network participants,

We are pleased to announce a new version (0.4) of our white paper! What’s inside?

• Introducing Minter’s integration with Telegram Open Network (TON)—one of the most technologically advanced blockchain projects of recent years—and steps we will take the next year to achieve that goal;
• Describing the Validators’ Decentralized Bank (MBank) that would provide users with an additional option to buy BIPs directly from validators;
• Acquainting you with the team members and their professional skills and accomplishments.

https://medium.com/@MinterTeam/minter-white-paper-60cef56d09e5

Stay tuned!

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

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 DeCenter’s promo code: DECENTER.CGC

🔥 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 generous—the 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

Check out the detailed review of our project prepared by an authoritative source ICORating: https://icorating.com/analytics/basic/minter-basic-review/

⭐️ 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 Validators’ 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!

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

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.

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.

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

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.

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!

⭐️ We released our iOS wallet!
https://itunes.apple.com/us/app/bip-wallet-testnet/id1436988091?ls=1&mt=8

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.