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

Updated Price

https://bip.dev/

1 BTC can buy you now up to 226 567 BIP, that's a +11% bonus to current price.

If you’re a developer and want to stay updated on all the changes we make to our code, follow t.me/minterdev_en

New Addresses of DAO and the Team

With the transition to a new Mainnet, addresses to which DAO and the team receive their commission fees of 10% each have changed. Now they are multi-signature:
– DAO: https://minterscan.net/address/Mx7f0fc21d932f38ca9444f61703174569066cfa50
– The team: https://minterscan.net/address/Mx688568d9d70c57e71d0b9de6480afb0d317f885c

We kindly ask all information services to update their data.

P.S. The team has already delegated its first 15 million BIP to Validator.Center as part of a program aimed to support significant participants of the network: https://news.1rj.ru/str/minter_alert/16963

Starting this day, April 14, all the matters related to orderly trading of BIP will be handled by the Association. The Association will use its infrastructure to coordinate the individual liquidity providers with the goal of establishing a common rules for management and support of price of BIP. 

Emergence of the Association is an important achievement of the Minter community. Association is a separate entity and is not related to the Minter development team. The Minter development team and its affiliates will withdraw themselves from any matters related to BIP trading, and will concentrate their efforts on the technological side of the Minter ecosystem. The team will not further participate in discussions of the price of BIP.

Minter Global OÜ will concentrate its efforts on the following crucial aspects of the Minter ecosystem:

1. Listing. MG will represent the Minter community in negotiations with exchanges.
2. Broking. MG will facilitate buying and selling BIP, both for fiat money and virtual currencies.
3. Escrow. MG will provide escrow services for validated participants 
4. Global stablecoin. MG will explore the regulatory landscape to assess development a fully compliant stablecoin, collateralized by money-like assets.
5. Community stablecoins. MG plans to conduct hackathons for creation alternative community-based stablecoins.
6. Exchange. MG is working on development of a fully compliant decentralized exchange platform.
7. Card. MG plans to partner with banks and EMIs to issue virtual cards tied to BIP balances. 
8. IMO. MG is developing a solution for development teams to distribute their coins among selected participants.
9. Support. MG will provide grants to community members for promotion and adoption of BIP and coins.

Additional information can be found at the minter.global website. You can contact Minter Global via email at contact@minter.global

Preparing to launch Minter IOMA

The initiative group, which includes representatives of liquidity providers and large Minter traders, made a joint decision to create the Minter Internet of Money Association.

The purpose of the association:
To create conditions contribute to development of the Minter network, under which the interests of all parties will be protected.

The main objectives of the association:
- Support liquidity providers;
- Set standards and form transparent rules;
- Prevent manipulation and fraudulent activities;
- Promote increased liquidity and price stability in the Minter network.

First of all, the BIP price stabilization plan was developed, which includes the following measures:
1. Limit the minimum selling price of BIP at $0.015.
2. Keeping the difference between the minimum sale and purchase price within 10%.
3. The proposed measures are mandatory for all liquidity providers in the association.

It is necessary to stabilize the BIP price so that developers and validators, who incur expenses every day, could ensure quality work of the network and develop projects.

The list of services and traders who supported the initiative:
- bip.plus
- bipex.net
- minter.1001btc.com
- kitmoon.com
- bip-exchange.com
- ex-bip.com
- cash-transfers.com
- @BIP_Banker_bot
- @BoBoExChangeBot
- @Gratz_Exchange_bot
- @pizza_card
- @voronunivers
- @InvestPlace
- @kerry_invest
- @HarryPodlesny
- @Juboer

#Minter_IOMA

Association responsibility

Today, the association participants have solved two important problems.

1) The decision-making mechanism has been approved:

- Each liquidity provider will be given 1 vote regardless of the number of project representatives that are members of the association;
- The decision is considered to be made if 2/3+ votes of the total number of participants with voting rights are given for it.

2) The list of responsibilities of the association has been approved:

- Admission and exclusion of association members;
- Appointment of guarantors;
- Creation of mechanisms to ensure liquidity;
- Development of measures to stabilize the BIP price;
- Formation of insurance fund;
- Detection and prevention of fraudulent operations;
- Approval of criteria by which a transaction will be recognized as fraudulent;
- Collection and publication of statistics on trading volumes;
- Distribution of grants without affecting the BIP price;
- Establishment of a developer support mechanism;
- Providing legal support to the association members;
- Advertising of projects.

And good news:

The market has already had a positive response to the news about the establishment of the association, as a result of which the volume of BIP purchases has increased significantly and the price has stabilized at a level even slightly above the minimum established values.

Three services joined the initial list:
- ex.minter.su
- @mproexbot
- @BipConverterBot

#Minter_IOMA

Minter Global is starting the first #howtobuybip contest! Fill out the form to participate in it.