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.

Official Minter Channel Navigation

– White Paper
– PCO (Perpetual Coin Offering)
– Roadmap
– List of Authorized Pools

Guides
– How to Get BIP?
– How to Become a Minter Network Validator
– How to Set up a Masternode in Minter
– How to Become a Minter Network Delegator
– Solving KYC-Related Issues

Wallets (Testnet)
– Console
– Telegram Bot
– Android
– iOS

Chat for English-Speaking Users – https://news.1rj.ru/str/joinchat/EafyERJSJZJ-nwH_139jLQ

Website – https://www.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

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. That’s 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 don’t 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 matters—he who starts earlier gets most of it.
• If you plan to create a project based on Minter—for example, an exchange or a wallet—and can’t 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 network’s 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.