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
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
Medium
How to Set up a Masternode in Minter
Users can start the masternode in the Minter network in a few minutes. After the creation of a masternode in the project’s blockchain, the…
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.
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.
Minternetwork
Early Access Campaign
Participate in the Early Access Campaign to become an early adopter of the Minter network and also one of the first people to receive BIP.
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!
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!
Medium
How to Become a Minter Network Delegator
A holder of any coin in the Minter network can become a delegator. In order to become a delegator, the user must send a delegation…
⭐️ We released our iOS wallet!
https://itunes.apple.com/us/app/bip-wallet-testnet/id1436988091?ls=1&mt=8
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.
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.
Medium
Solving KYC-Related Issues
When registering to participate in the Minter Early Access Campaign, all users need to go through the KYC (Know Your Customer) procedure…
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
– 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
• 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
Medium
How to Create Your Own Coin: The Definitive Guide
Updated on May 28, 2019
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.
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.
⚡️ Minter is offering a 25-percent bonus to all of the users who top up their balance until October 19, 2018, 19:00 UTC. If you have already deposited the funds to your account or plan to do so in the next 10 days, then you’ll have a 25-percent bonus on all of your deposits.
It doesn’t matter whether you participate directly or through a pool. A 25-percent bonus will appear for each of your transactions in a separate Bonuses and Airdrops section that will be launched in the next few days!
Sign up via @MinterNetworkBot or https://bot.minternetwork.com.
With this bonus, we want to thank all those people who have been supporting the project from the first days 😎
It doesn’t matter whether you participate directly or through a pool. A 25-percent bonus will appear for each of your transactions in a separate Bonuses and Airdrops section that will be launched in the next few days!
Sign up via @MinterNetworkBot or https://bot.minternetwork.com.
With this bonus, we want to thank all those people who have been supporting the project from the first days 😎
Minternetwork
Early Access Campaign
Participate in the Early Access Campaign to become an early adopter of the Minter network and also one of the first people to receive BIP.
We are preparing for a future listing on an exchange and negotiating with authoritative websites about full cards of our project with the BIP cryptocurrency ticker.
The other day we got our information updated on a mega-popular CryptoCompare:
https://www.cryptocompare.com/coins/bip/overview/BTC
The other day we got our information updated on a mega-popular CryptoCompare:
https://www.cryptocompare.com/coins/bip/overview/BTC
CryptoCompare
Minter (BIP) - Live streaming prices and market cap
Live Minter prices from all markets and BIP coin market Capitalization. Stay up to date with the latest Minter price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell.
Minter Bonuses and Airdrops
We will distribute the unrequested BIPs once the sale ends, proportionally to the buyer’s participation. Hence, many will receive bonuses that they will be able to activate during the first month after the launch of the network.
Final amount to be credited will be formed from the following sources:
• Purchased BIPs
• Bonuses in unrequested BIPs
• 25-percent bonus for Early Access (for those who sign up before October 19)
• 10-percent referral bonus for inviting friends
• Pool bonus (for those participating through a pool; up to 25%)
• Airdrops
We think that many users will eventually get a total amount of bonuses equal to the amount they purchased.
Remember this post as tomorrow we will make a very interesting announcement regarding bonuses!
https://bot.minternetwork.com
We will distribute the unrequested BIPs once the sale ends, proportionally to the buyer’s participation. Hence, many will receive bonuses that they will be able to activate during the first month after the launch of the network.
Final amount to be credited will be formed from the following sources:
• Purchased BIPs
• Bonuses in unrequested BIPs
• 25-percent bonus for Early Access (for those who sign up before October 19)
• 10-percent referral bonus for inviting friends
• Pool bonus (for those participating through a pool; up to 25%)
• Airdrops
We think that many users will eventually get a total amount of bonuses equal to the amount they purchased.
Remember this post as tomorrow we will make a very interesting announcement regarding bonuses!
https://bot.minternetwork.com
Minternetwork
Early Access Campaign
Participate in the Early Access Campaign to become an early adopter of the Minter network and also one of the first people to receive BIP.
Participation of Funds in Minter Private Sale
As we informed you earlier, we will allow the funds (companies representing the interests of groups of people) to participate in our project in the very last moment to ensure the maximum number of users gets access to the Campaign. Despite the usual practice of selling large stakes to the funds at mind-blowing discounts, we will do a slightly different thing. All bonus formats of participation end on October 19 and the funds are not eligible to qualify. Starting October 25, however, we will remove the upper limit of 10 BTC and allow the funds to buy in.
To participate as a fund and get a special invitation, fill out this form:
https://goo.gl/forms/uYPhoh63K0pCmoGs1
Priority will be given to the 50 BTC applications because of decentralization.
As we informed you earlier, we will allow the funds (companies representing the interests of groups of people) to participate in our project in the very last moment to ensure the maximum number of users gets access to the Campaign. Despite the usual practice of selling large stakes to the funds at mind-blowing discounts, we will do a slightly different thing. All bonus formats of participation end on October 19 and the funds are not eligible to qualify. Starting October 25, however, we will remove the upper limit of 10 BTC and allow the funds to buy in.
To participate as a fund and get a special invitation, fill out this form:
https://goo.gl/forms/uYPhoh63K0pCmoGs1
Priority will be given to the 50 BTC applications because of decentralization.
Google Docs
Minter Funds
⭐️ All your bonuses and airdrops are now available on this page:
https://bonus.minternetwork.com
By the way, do you already know that you will receive 10% on each balance replenishment your friends make provided they use the invitation link you gave them?
https://bonus.minternetwork.com
By the way, do you already know that you will receive 10% on each balance replenishment your friends make provided they use the invitation link you gave them?
Airdrop for KYC
Users who pass the KYC procedure before October 15 will receive an additional airdrop. Don’t hesitate and sign up via @MinterNetworkBot or https://minternetwork.com/invite/helloworld!
Users who pass the KYC procedure before October 15 will receive an additional airdrop. Don’t hesitate and sign up via @MinterNetworkBot or https://minternetwork.com/invite/helloworld!
Release v0.5.0
Today, we are planning to update the testnet. All data will be reset.
The testnet #22 accomplishments:
• 420,000 blocks;
• 5,000 transactions in a block (peak);
• A total of 465,000 transactions.
What’s new in version 0.5.0?
• Support of multisig wallets. Will be accessible in the Console soon;
• Unbond period decreased to 720 blocks in the testnet;
• Maximum number of candidates in the network — (number of validators*3). Right from the start, there will be 48 (16*3) slots;
• Maximum number of delegators per one candidate/validator — 1,000;
• Tendermint updated to v0.25.0.
An important change for testnet validators: test coins for masternodes will now be delegated directly to a node instead of being sent to a wallet. This will enable you to test the income from the commissions you charge your delegators. We will start to distribute the coins within one to two hours of the stable functioning of the network.
https://github.com/MinterTeam/minter-go-node/releases/tag/v0.5.0
The new network will start operating at 15:00 UTC (18:00 Moscow time). We will disable the current testnet shortly before that.
Today, we are planning to update the testnet. All data will be reset.
The testnet #22 accomplishments:
• 420,000 blocks;
• 5,000 transactions in a block (peak);
• A total of 465,000 transactions.
What’s new in version 0.5.0?
• Support of multisig wallets. Will be accessible in the Console soon;
• Unbond period decreased to 720 blocks in the testnet;
• Maximum number of candidates in the network — (number of validators*3). Right from the start, there will be 48 (16*3) slots;
• Maximum number of delegators per one candidate/validator — 1,000;
• Tendermint updated to v0.25.0.
An important change for testnet validators: test coins for masternodes will now be delegated directly to a node instead of being sent to a wallet. This will enable you to test the income from the commissions you charge your delegators. We will start to distribute the coins within one to two hours of the stable functioning of the network.
https://github.com/MinterTeam/minter-go-node/releases/tag/v0.5.0
The new network will start operating at 15:00 UTC (18:00 Moscow time). We will disable the current testnet shortly before that.
Stages of Launching MBank, the Validators’ Bank
As we mentioned earlier, MBank—the bank of validators—will be the critical feature of the network. With its help, validators will be able to sell the BIPs they’ve minted placing large sell orders, and users will have the opportunity to sell any coins at a market price.
The launch of the system will proceed in four main stages:
1. Before the Mainnet goes live, validators (organizers of pools) will be able to transfer the right to request BIPs to any user through the Early Access Campaign website (minternetwork.com). The price will be fixed at 1 BTC for 100,000 BIP.
2. Once the main network is launched, validators will be able to place sell orders of 100,000 BIPs—which they will have minted using their personal funds—at a fixed price (1 BTC).
3. After having tested the first two stages, we will enable each validator to set their own prices for coins and determine the size of the order.
4. Any user will be able to use their wallet to exchange any coin for BTC, ETH, and even USD, as well as for the withdrawal to a bank card.
Here is the logic behind our plan—we will first learn to execute concrete trades outside of the blockchain, then on the blockchain, then with different prices, and finally with fiat for every user.
The key operations with MBank will be accessible to users on minternetwork.com after passing KYC, so hurry up.
https://minternetwork.com/invite/helloworld
As we mentioned earlier, MBank—the bank of validators—will be the critical feature of the network. With its help, validators will be able to sell the BIPs they’ve minted placing large sell orders, and users will have the opportunity to sell any coins at a market price.
The launch of the system will proceed in four main stages:
1. Before the Mainnet goes live, validators (organizers of pools) will be able to transfer the right to request BIPs to any user through the Early Access Campaign website (minternetwork.com). The price will be fixed at 1 BTC for 100,000 BIP.
2. Once the main network is launched, validators will be able to place sell orders of 100,000 BIPs—which they will have minted using their personal funds—at a fixed price (1 BTC).
3. After having tested the first two stages, we will enable each validator to set their own prices for coins and determine the size of the order.
4. Any user will be able to use their wallet to exchange any coin for BTC, ETH, and even USD, as well as for the withdrawal to a bank card.
Here is the logic behind our plan—we will first learn to execute concrete trades outside of the blockchain, then on the blockchain, then with different prices, and finally with fiat for every user.
The key operations with MBank will be accessible to users on minternetwork.com after passing KYC, so hurry up.
https://minternetwork.com/invite/helloworld
Today and tomorrow, we are presenting at CryptoGames in Minsk. Come visit us! http://cryptogames.events/tickets
KYC Issues?
If you experience problems with passing the KYC procedure, please do not hesitate to contact our technical support specialist at kyc@minternetwork.com
They will then manually review your application and activate your account!
You may also refer to https://medium.com/@MinterTeam/solving-kyc-related-issues-34aaf846a602
If you experience problems with passing the KYC procedure, please do not hesitate to contact our technical support specialist at kyc@minternetwork.com
They will then manually review your application and activate your account!
You may also refer to https://medium.com/@MinterTeam/solving-kyc-related-issues-34aaf846a602
Medium
Solving KYC-Related Issues
When registering to participate in the Minter Early Access Campaign, all users need to go through the KYC (Know Your Customer) procedure…