Proven fact: Minter is the fastest way to send, receive, and spend crypto. It runs on a reliable DPoS blockchain, which can process thousands of transactions per second. With absolute liquidity and a unique mechanism for issuing your own coin, you get the most universal solution for the market of private monies: loyalty points, game credits, achievements, tokens, and so on.

Major push services in one doc!

https://telegra.ph/Minter-Networks-Push-Services-03-18

🏆 Multi-Language Article Contest: Results

There were quite a lot of people who submitted their writings, so we needed some time to determine the winners that met the competition criteria. Unfortunately, not all languages have their winners as there were many translated and non-unique pieces, and we will need to continue our search for local content managers. For now, let’s look at the results.

Turkish
1st place (25k BIP)
2nd place (15k BIP)
3rd place (5k BIP)

Italian
1st place (25k BIP)
2nd place (15k BIP)

German
1st place (25k BIP)
2nd place (15k BIP)
3rd place (5k BIP)

Indonesian
1st place (25k BIP)
2nd place (15k BIP)
3rd place (5k BIP)

French
1st place (25k BIP)
2nd place (15k BIP)

Chinese
1st place (25k BIP)
2nd place (15k BIP)

Prizes will be distributed today to the addresses specified in the application forms.

The Crowdsourcing of the Network’s Website

As we reported earlier, content for the newly updated minter.network website will be created by the community and divided into four categories: Docs, How-To’s, Tools, and Services.

The first volume of information in Russian is already being prepared for publication, and we announce GitHub as the main platform for collecting and updating the info, where any developer will be able to submit an article and suggest edits/additions.

Since the website will be completely centered around developers, there is no better platform than GitHub for gathering all knowledge about the network, services, tools, and community achievements in an open format. Everyone will instantly see who authored a specific article or suggestion, how authoritative that person is, and what they do in Minter and beyond.

Our tech lead Nik Eybog has already started to implement the idea; the alpha version will be out in a few days. What’s especially pleasing is that for all people who actively contribute, we will launch a permanent bounty program with rewards in the TEAM coin. Sharing knowledge has never been more beneficial.

Please keep in mind that the website will be about all things technical—from developers, for developers. If you want to learn about the network and its community, you can still visit a great Minter Wiki.

Support for the Validators

The team is ready to back up those validators who develop and/or maintain the network’s critical services. MDF is eagerly awarding promotion grants. The team also offers validators a separate grant to create or update their websites so that they could become the face of the network.

To sum up:
– Design — grants from the team
– Promotion — MDF-issued grants
– Services & Tools — grants and delegation

Don’t be shy, reach out to @seo2z. He will help you fill in an application.

Minter is an open blockchain-powered ecosystem of programmable money with probably the most intuitive user interface on the market. Issue and operate loyalty points, game credits, tokens, achievements at lightning-fast speed via API and ready-to-use SDKs.

We deliver on the promise of global easy-to-use money.

Yet another achievement for the team: multi-signatures are completely ready to use.

We have added full support for multisig to the Console. One can now create a multisig address & use it to sign and send a transaction verified by several signatures.

Transactions with multi-signatures can also be generated off-line:
https://github.com/MinterTeam/minter-console-web/releases/tag/v0.6.2-mainnet

COMMUNITY PROJECT VOTING ROUND 2 RESULTS

The wait is over, the winner of the Atomars voting competition Round 2 is Minter project.
Congratulations to the team Minter!

We’d like to thank everyone for the support and participation!

#Atomars #VotingCompetition #Minter #BIP #Winner #Cryptocurrency #Blockchain

Check out what we were up to last month in our latest community update.

https://medium.com/@MinterTeam/minters-month-in-review-march-2020-3dcd0e4cb8bc

Standing with the Devs

In these difficult times for the world, supporting Minter community’s developers continues to be our top priority. Next week, we will offer the action protocol to enable the top 100 programmers, managers, designers, and marketers to exchange BIP in the easiest way possible, at a price and demand above the market.

How does it work?
Based on data from Minterscan, we will form a list of key persons. So if you have not completed address verification yet, consider doing it now. We will set a monthly limit for each participant, which is expected to be 100, 50, and 25 thousand BIP per person. Those on the list will be able to send amounts within their limit to a multi-signature address managed by the top exchange platforms and services. In the transaction itself, one will have to specify a USDT address for withdrawal. The BIP will be sold at the average market rate calculated using data from all exchanges. It will be the exact average between the buy and sell prices. This way, exchanges will access liquidity in one place, while developers will make exchange operations with minimum effort and slightly higher than the market.

According to our estimates, the daily volume passed through this multisig will amount to 150–200 thousand BIP. Only the most authoritative, community-approved exchanges will manage the address, reaching a consensus on price updates and taking out necessary volumes. To withdraw any amount, an exchange will only have to use its signature. And since all such transactions have a record on the blockchain, we get maximum transparency allowing for the automation of all processes, among other things.

If we were to draw an analogy, it would be farmers bringing their BIPs for sale, and those BIPs then bought by professional market players at a single price without dumping.

To strengthen the model, DAO may give out additional market-making grants to liquidity providers. They would get not only quick access to large volumes but also a bonus for active participation.

This offer is now being discussed with a number of liquidity providers and will soon be finalized.

#LetsMakeDevelopersGreatAgain

🏆 BIP on Staking Rewards

BIP has been added to stakingrewards.com, a major resource for staking. Minter’s presence in the catalog is a great opportunity to reach an international audience of users and developers.

About service
• 89 assets
• 95 staking providers
• 148,000 visitors per month according to Similar Web

The placement took place thanks to the efforts of BTC.Secure, Monster Node, MinterPro, ONLY1, Rundax, Vote!, The Node, U-node, Validator.Center, ☯️ Zen, KARAT, MSCAN and GoodPR.

Any project, team or product mentioned in this channel is not to be considered as endorsed or recommended by us; any mention of such projects, teams or products does not constitute an advice. You are solely responsible for verifying the credibility and legality of any such project, team or product.

🎉 Over 100,000 daily transactions!

Today marks the first time we had over 100,000 transactions by real users in the past 24 hours. Congratulations to all of us and special thanks to the creators of @MinterWalletBot.

The Ethereum network had kitties, we have dice. Except for Minter didn’t go off-line due to high loads.

At the peak, the blockchain was processing 20–25 transactions in a block (~5 transactions per second).

A 99.82-percent uptime means that only each 56th block takes more than 5 seconds to be generated.

#howtobuybip

E.U.-licensed cryptocurrency broker Minter Global OÜ now has its own Telegram channel: t.me/howtobuybip

The brokerage firm will support and sponsor the following activities:
– Supplying liquidity to providers and exchanges
– Listing-related legal counseling
– Content production: videos, posts, guidelines
– Content promotion
– Broker support for operations conducted by validators and project founders

The team has appointed Minter Global OÜ as a sole representative of its interests.

Website: minter.global

#MinterPush 0.2: Rewards Hackathon. Subnoscriptions

You have until April 15 to make a perfect system of rewards for subnoscription/registration. The user subscribes via Telegram bot or YouTube channel, on the website via e-mail or in the app via mobile number, and gets #MinterPush with the coin they can spend inside the project, exchange, transfer, and so on.

Scenarios mentioned above are just examples, and everyone is welcome to pick their niche. Still, the logic is simple: the user subscribes/signs up and receives a reward from the project. Channels, bots, groups, sites, apps—whichever you like. It goes without saying that protection against cheaters, fake users, and hackers is a must.

As you understand, anyone can already implement this solution simply by connecting one of the existing push services as a rewards container. So we are likely to see many new teams in this hackathon. Good statistics, visually attractive and understandable, would be a plus.

Products must be easy to use, to the point that grannies could add and set them up on their YouTube channels about baking. It’d be even cooler if someone managed to create a full product for organizers: sign up, choose coin settings and reward conditions, deposit BIP for creation and reserves, integrate into the environment where it’s going to be used, and . . . that’s it. You’re all set, and the only thing left is tracking analytics.

Prizes:
1st place: 300,000 BIP + 100,000 NUT
2nd place: 200,000 BIP + 50,000 NUT
3rd place: 100,000 BIP
We will also award another three incentive prizes of 50,000 BIP each.
Total worth: almost 1 million BIP!
These numbers may be increased.

If solutions are similar, the team will prioritize those that cover additional areas of application. So at this stage, it’s important for us to get cool solutions for each of the formats—e-mail, mobile, bots, Telegram & YouTube channels, whatever you may think of.

Don’t lose your focus on the segment that really matters. First, we need to become leaders in rewards across social media, sites & apps, and only then, in “QR codes on cafe receipts.”

You can submit your application here: https://forms.gle/CnNgc6ZwotsiVKDeA. Provide a denoscription, fully working product, use case(s), and link to code on GitHub.

Push Standardization

In this hackathon and the ones to come, we consider push projects with the following features:
The push must be receiving and managing any Minter network-based currency, not only BIP.
The user—both sender and receiver—can view a seed phrase on any of the screens. These funds are theirs, and they must be able to manage them beyond the push as well.
The creator should be able to skip all settings and go to the push page with top-up and spending options right away. If you use pushes often and not for demo only, then the majority of features are not necessary. A big Forward button will be useful to everyone if we want mass cases.
The address of the push must be readily available at the very first step of its creation. It’d be ideal if when you go to the homepage, the URL is already generated there so that nothing gets lost on the way.
If you offer password protection, there should also be a Confirm Password field so that the person doesn’t lose money both for themselves and the receiver because of a typo.

To sum up: multi-currencies, seeds, skipping, instant address, password confirmation.

Have a nice time working, everyone!

#minterpush #rewards

Liquidity Providers Association

As a result of consultations with the liquidity providers, we outlined the following steps that would allow us to develop the market properly:
1. An association of liquidity providers will be established. Exchange platforms and services, brokerages, and large traders will be eligible to join
2. Work on the blocking of scammers’ funds, formation of a unified price, and information disclosure will be a top priority
3. On its part, MDF will allocate 10–30 million BIP per annum for the association’s development. The payments will be made on a monthly basis in the form of grants and will depend on trading volumes

It is obvious that collective, systematic work will have a positive impact on the market, and for that, members should make considerable earnings. For example, by being compensated for commission fee losses.

It will not be difficult to check whether a particular member complies with the association’s rules, and in case they do not, they will be expelled. So potential violators will be faced with a choice between stable operation and huge momentary gains.

Liquidity will be supplied to all members through a single multi-signature address with the ability to request any amount at any point.

Minter Global OÜ (@howtobuybip) will act as a founding member and initial organizer.

Tendermint Security Update

At 2:00 p.m. UTC Thursday, the Tendermint developer team released an unscheduled update to resolve several issues in the operation of nodes. Prior to that, nodes—as well as validators—had been vulnerable to DoS attacks.

In less than 30 minutes, we rolled out a node update v1.1.7, which uses Tendermint’s latest release with all security fixes.

We highly recommend that all owners of Minter nodes update their software.

https://github.com/MinterTeam/minter-go-node/releases/tag/v1.1.7