Minter Network’s First Algocoin
@MinterBITBot that’s been rolled out today is an alpha version of a sidechain service developed for Minter 2 by an independent blockchain team. In early summer already, you’ll be able to exchange BIP for Bitcoin, Ether, and Atom via atomic smart contracts similar to Uniswap. There’ll be a lot of liquidity, and it will all be automated.
Sidechains and smart contracts are the future of interaction between all market players with maximum execution guarantees.
Tests will be run with 25,000 USDT and 25,000 BIT in reserves.
According to our information, this marks the fourth project moving full-steam ahead towards connecting Minter and other blockchains through a single MinterAPI. If you’re currently working on such a product, get in touch with @seo2z should you need any help—right now, decentralized liquidity is our top priority.
#BIT
@MinterBITBot that’s been rolled out today is an alpha version of a sidechain service developed for Minter 2 by an independent blockchain team. In early summer already, you’ll be able to exchange BIP for Bitcoin, Ether, and Atom via atomic smart contracts similar to Uniswap. There’ll be a lot of liquidity, and it will all be automated.
Sidechains and smart contracts are the future of interaction between all market players with maximum execution guarantees.
Tests will be run with 25,000 USDT and 25,000 BIT in reserves.
According to our information, this marks the fourth project moving full-steam ahead towards connecting Minter and other blockchains through a single MinterAPI. If you’re currently working on such a product, get in touch with @seo2z should you need any help—right now, decentralized liquidity is our top priority.
#BIT
Our Focus
Once TON’s American story came to an end, it has become clear what regulators expect from blockchain projects, especially those targeting mass audience. So from now on, there will be three tracks for us to follow:
1. Work with small- and medium-sized businesses
2. In the U.S. (grants) and E.U. (sales)
3. Rewards mechanics exclusively, i.e., services giving coins to their users for completing specific actions
It will be all built as SaaSes on top of public blockchains managed via a uniform MinterAPI.
It’s that very mass adoption, with the only difference being that we’ll enjoy it through businesses who’ll also benefit from applying decentralized databases and guaranteed contract execution conditions.
minter.org will become a hub for solutions provided by all developers from the community and will rely on MinterID, a single account for each user on the network.
Think of it as WordPress (in a good way), which offers businesses flexibility in setting up solutions, be it entirely customized implementations or built-in plugins. Only in our case, everything runs on the blockchain and its native digital coin BIP, which is the one that makes it all work.
Coming soon are releases, implementations, and business cases to brag about. The Internet of Money starts with rewards that one can spend however they want.
Once TON’s American story came to an end, it has become clear what regulators expect from blockchain projects, especially those targeting mass audience. So from now on, there will be three tracks for us to follow:
1. Work with small- and medium-sized businesses
2. In the U.S. (grants) and E.U. (sales)
3. Rewards mechanics exclusively, i.e., services giving coins to their users for completing specific actions
It will be all built as SaaSes on top of public blockchains managed via a uniform MinterAPI.
It’s that very mass adoption, with the only difference being that we’ll enjoy it through businesses who’ll also benefit from applying decentralized databases and guaranteed contract execution conditions.
minter.org will become a hub for solutions provided by all developers from the community and will rely on MinterID, a single account for each user on the network.
Think of it as WordPress (in a good way), which offers businesses flexibility in setting up solutions, be it entirely customized implementations or built-in plugins. Only in our case, everything runs on the blockchain and its native digital coin BIP, which is the one that makes it all work.
Coming soon are releases, implementations, and business cases to brag about. The Internet of Money starts with rewards that one can spend however they want.
Minter Network’s Official Representatives
Starting summer, Minter Development Foundation will launch a program for licensing official representatives who will engage in the development of network’s products. In each country, one to three companies will be established. Upon the completion of certification procedures, they will be able to provide the following services:
– Development of individual solutions for enterprises
– Implementation of open-source solutions presented by the community
– Consultations on the issues related to launching a validator on the mainnet and sidechains
– Legal counseling
– Token purchase & sale coordination
– Participation in conferences, meetups, and other public events
Licenses will be awarded for a period of 12 months, with the option of a further extension. Representatives must cover their activity on a regular basis in the form of reports.
A legal entity registered in the country of representation is a mandatory condition.
MDF will allocate 100,000 to 300,000 BIP per month, depending on the overall activity and results shown.
In countries whose population is more than 100 million people, there may be three representatives; less than 100 million, two; less than 20 million, one. For individual countries with highly active communities, these limits may be revisited.
We kindly ask all interested parties to start preparatory work. We will publish the application form at some point next week. Selected winners will automatically appear on the minter.org website, sorted by country of presence. They will also be able to set their status to, for example, “Minter’s Official Representative in Ukraine” or “Minter’s Rep.” for short.
Each representative will have to specify their company’s key person to obtain the Verified status within the MinterID framework.
On its part, the team will provide representatives with maximum support and access to solutions that have not been released yet.
MDF aims to have no fewer than 25 representatives by the end of year. Through them, the network will enter local markets.
#rep
Starting summer, Minter Development Foundation will launch a program for licensing official representatives who will engage in the development of network’s products. In each country, one to three companies will be established. Upon the completion of certification procedures, they will be able to provide the following services:
– Development of individual solutions for enterprises
– Implementation of open-source solutions presented by the community
– Consultations on the issues related to launching a validator on the mainnet and sidechains
– Legal counseling
– Token purchase & sale coordination
– Participation in conferences, meetups, and other public events
Licenses will be awarded for a period of 12 months, with the option of a further extension. Representatives must cover their activity on a regular basis in the form of reports.
A legal entity registered in the country of representation is a mandatory condition.
MDF will allocate 100,000 to 300,000 BIP per month, depending on the overall activity and results shown.
In countries whose population is more than 100 million people, there may be three representatives; less than 100 million, two; less than 20 million, one. For individual countries with highly active communities, these limits may be revisited.
We kindly ask all interested parties to start preparatory work. We will publish the application form at some point next week. Selected winners will automatically appear on the minter.org website, sorted by country of presence. They will also be able to set their status to, for example, “Minter’s Official Representative in Ukraine” or “Minter’s Rep.” for short.
Each representative will have to specify their company’s key person to obtain the Verified status within the MinterID framework.
On its part, the team will provide representatives with maximum support and access to solutions that have not been released yet.
MDF aims to have no fewer than 25 representatives by the end of year. Through them, the network will enter local markets.
#rep
The BIT algocoin facilitates processes for stores:
– Accept BIP and custom coins, exchanging them for the BIT stablecoin on the fly
– Send BIT to a special address, entering your Ethereum wallet in the payload
– Allow approx. one minute for USDT to be deposited (depends on the Ethereum network’s block time)
It works perfectly with @AnyCashBot, which offers loads of conversion options (thanks Scrooge for the heads-up!)
For more info, visit @MinterBIT
#BIT
– Accept BIP and custom coins, exchanging them for the BIT stablecoin on the fly
– Send BIT to a special address, entering your Ethereum wallet in the payload
– Allow approx. one minute for USDT to be deposited (depends on the Ethereum network’s block time)
It works perfectly with @AnyCashBot, which offers loads of conversion options (thanks Scrooge for the heads-up!)
For more info, visit @MinterBIT
#BIT
Minter Network
The BIT algocoin facilitates processes for stores: – Accept BIP and custom coins, exchanging them for the BIT stablecoin on the fly – Send BIT to a special address, entering your Ethereum wallet in the payload – Allow approx. one minute for USDT to be deposited…
Current rate in @MinterBITBot is 1 USDT = 1 BIT = 164 BIP, so 1 BIP is around $0.0061.
Swaps are made in seconds!
#BIT
Swaps are made in seconds!
#BIT
Forwarded from IOMA
Voting for BIP listing on Gate.io
IOMA announces preparations for voting on BIP listing on the exchange Gate.io.
In this regard, we ask the entire community to write their comments on Twitter with the hashtags #minter #bip to this tweet.
In the message, be sure to write why the exchange needs to do a BIP listing, and what are the advantages of the Minter network.
#IOMA
IOMA announces preparations for voting on BIP listing on the exchange Gate.io.
In this regard, we ask the entire community to write their comments on Twitter with the hashtags #minter #bip to this tweet.
In the message, be sure to write why the exchange needs to do a BIP listing, and what are the advantages of the Minter network.
#IOMA
How to build a user wallet system, easy and fast
We are often tasked with setting up and managing wallets on users’ behalf, giving them access to interfaces only and therefore leaving them out of the geeky stuff we all love so much.
Use multisig with three signatures: user, verifier, and recovery. To send a transaction, the user creates it via your interface, while Server1 generates a broadcast that contains information about the sender, receiver, amount, first signature, and other necessary parameters. The verifier, which is stored in a secret place, is overseeing the stream of broadcasts. If nothing suspicious is flagged—and you can adjust this setting—it generates the second signature and transmits everything onto the chain.
In case someone hijacks the server with users’ private keys, they’ll not be able to do anything. The hacker will never get to the verifier because only admin knows it exists. In case of an attack, the verifier and recovery address could create new wallets, transfer all funds in a matter of minutes (tens of thousands of transactions), and set new parameters for users.
We are often tasked with setting up and managing wallets on users’ behalf, giving them access to interfaces only and therefore leaving them out of the geeky stuff we all love so much.
Use multisig with three signatures: user, verifier, and recovery. To send a transaction, the user creates it via your interface, while Server1 generates a broadcast that contains information about the sender, receiver, amount, first signature, and other necessary parameters. The verifier, which is stored in a secret place, is overseeing the stream of broadcasts. If nothing suspicious is flagged—and you can adjust this setting—it generates the second signature and transmits everything onto the chain.
In case someone hijacks the server with users’ private keys, they’ll not be able to do anything. The hacker will never get to the verifier because only admin knows it exists. In case of an attack, the verifier and recovery address could create new wallets, transfer all funds in a matter of minutes (tens of thousands of transactions), and set new parameters for users.
Whales
The Minter network counts 35 delegators whose stakes are over 10M BIP. A year ago, 10 million would give you 10% of the entire staking, and today, rank you only 35th.
https://minterscan.net/delegators
The Minter network counts 35 delegators whose stakes are over 10M BIP. A year ago, 10 million would give you 10% of the entire staking, and today, rank you only 35th.
https://minterscan.net/delegators
Starting today, Coingecko will be the main source for the rate of BIP: https://www.coingecko.com/en/coins/bip
Everybody please update your systems. And don’t forget to hit that “star” button!
Everybody please update your systems. And don’t forget to hit that “star” button!
CoinGecko
Minter Network Price: BIP Live Price Chart & News | CoinGecko
Updated 18 January 2023: Current price of Minter Network is USD $0.000390503355 with a 24-hour trading volume of $1,069.93. BIP price is up 4.2% in the last 24 hours.
Minter Network
Starting today, Coingecko will be the main source for the rate of BIP: https://www.coingecko.com/en/coins/bip Everybody please update your systems. And don’t forget to hit that “star” button!
For a decentralized method of BIP price discovery, you may use BIT: https://chainik.io/coin/BIT
For example, as of now, 1 BIT = 142 BIP, which roughly translates to $0.007 per BIP. Once there are more algocoins, an average basket value could be found instead.
For example, as of now, 1 BIT = 142 BIP, which roughly translates to $0.007 per BIP. Once there are more algocoins, an average basket value could be found instead.
Chainik
BIT
BIT. CRR: 10%, Reserve: 0 BIP, Date: 01.01.1970
Forwarded from CAT
Today, we’re revealing some more details about the upcoming CAT Super App.
Each and every one of our development decisions stems from personal experience of Minter blockchain users. Without further ado, enter favorite addresses, a feature that sure has been long awaited!
🐾
You’ll no more have to waste your time looking for and copy-pasting that one address you need. Just add it to favorites and get ready to make transactions in one tap.
Besides favorite addresses, we also introduce a list of favorite coins, which will be shown on the main screen. It will allow you to hide dummy & spam coins and quickly access the ones you actually use.
Each and every one of our development decisions stems from personal experience of Minter blockchain users. Without further ado, enter favorite addresses, a feature that sure has been long awaited!
🐾
You’ll no more have to waste your time looking for and copy-pasting that one address you need. Just add it to favorites and get ready to make transactions in one tap.
Besides favorite addresses, we also introduce a list of favorite coins, which will be shown on the main screen. It will allow you to hide dummy & spam coins and quickly access the ones you actually use.
https://bip.dev now gets BIP’s price from CoinGecko. Nothing else has changed.
Minter Network
https://bip.dev now gets BIP’s price from CoinGecko. Nothing else has changed.
From now on, DAO will no longer supply liquidity to bip.dev. Available are only the volumes that users priced at or below the market.
If buyer’s order has not been fully filled, the remaining BTC is returned to their address.
If buyer’s order has not been fully filled, the remaining BTC is returned to their address.
Crypto-Backed Lending
The BIT team built a prototype system that automatically issues short-term loans in BIP with ETH and USDT as collateral. Once Minter 2 is live, MinterEVM smart contracts will be running all processes independently.
As the network grows more popular, one will also be able to borrow BIP against future rewards from mining.
For now, you can test the alpha version using the @GarantoBot.
We urge all developers to actively learn Solidity and explore interesting cases on the Ethereum network that could later be brought to and applied in Minter 2.
The BIT team built a prototype system that automatically issues short-term loans in BIP with ETH and USDT as collateral. Once Minter 2 is live, MinterEVM smart contracts will be running all processes independently.
As the network grows more popular, one will also be able to borrow BIP against future rewards from mining.
For now, you can test the alpha version using the @GarantoBot.
We urge all developers to actively learn Solidity and explore interesting cases on the Ethereum network that could later be brought to and applied in Minter 2.
Minter is an open blockchain network that lets anyone create and manage their private coins, which can be exchanged at a fair price with absolute and instant liquidity. BIP as the native token of the Minter is used for the following:
- As a reserve for private coins;
- As a stake to support the DPoS consensus;
- To pay the network fees;
- To interact with the sidechains, including VMs.
- As a reserve for private coins;
- As a stake to support the DPoS consensus;
- To pay the network fees;
- To interact with the sidechains, including VMs.
Forwarded from How to buy BIP
Starting today, BIP is officially listed at the Bithumb Global exchange!
https://support.bithumb.pro/hc/en-us/articles/360047755794-Minter-BIP-Listing-May-15-2020
Minter Global OÜ, acting as the Minter liquidity provider, has supervised the listing procedure and approves Bithumb Global as the official platform to purchase and sell BIP.
You should remember that trading digital assets is an inherently risky activity. Please be careful and diligent, and always mind your personal financial situation.
https://support.bithumb.pro/hc/en-us/articles/360047755794-Minter-BIP-Listing-May-15-2020
Minter Global OÜ, acting as the Minter liquidity provider, has supervised the listing procedure and approves Bithumb Global as the official platform to purchase and sell BIP.
You should remember that trading digital assets is an inherently risky activity. Please be careful and diligent, and always mind your personal financial situation.
BitGlobal support
Minter (BIP) Listing / May 15, 2020
Dear Bithumb Global Users,
Bithumb Global will list BIP digital asset service on GEM board, details are as follows.
Deposits will be available on: May 15, 2020 at 10:00(UTC+8) Deposit here &g...
Bithumb Global will list BIP digital asset service on GEM board, details are as follows.
Deposits will be available on: May 15, 2020 at 10:00(UTC+8) Deposit here &g...
🎉 The Minter blockchain turns one!
But this post is not only about the anniversary. Today also marks the point where Minter is stepping onto a brand new path by being listed on a major cryptocurrency exchange. Trading has already taken off, you can sign up here.
On the heels of adding support for BIP, Bithumb Global announced a three-part event to celebrate the arrival of a new member of its broad digital asset family. And as you all could expect, the prize pool is just as grand as the milestone: 2 million BIP.
We’ll have to stop here and just say that the competition will last for one week. To introduce all the details and conditions, we are turning the floor over to the platform itself.
But this post is not only about the anniversary. Today also marks the point where Minter is stepping onto a brand new path by being listed on a major cryptocurrency exchange. Trading has already taken off, you can sign up here.
On the heels of adding support for BIP, Bithumb Global announced a three-part event to celebrate the arrival of a new member of its broad digital asset family. And as you all could expect, the prize pool is just as grand as the milestone: 2 million BIP.
We’ll have to stop here and just say that the competition will last for one week. To introduce all the details and conditions, we are turning the floor over to the platform itself.
BitGlobal support
[Event] 2,000,000 BIP Grand Prize Pool
Dear Bithumb Global Users,
To celebrate the official listing of BIP on Bithumb Global，we will hold a “2,000,000 BIP Grand Prize Pool” event, for community participation!
【Event 1：300,000 BIP f...
To celebrate the official listing of BIP on Bithumb Global，we will hold a “2,000,000 BIP Grand Prize Pool” event, for community participation!
【Event 1：300,000 BIP f...
Forwarded from BipLenta EN 🌶
🌶 Getting Started with Bithumb Global: The Definitive Guide
Minter ceases to be just a community of crypto enthusiasts and developers and begins to see fairly large projects built on top of it, the blockchain itself is constantly improving, and BIP is getting more and more liquidity. It’s perfectly fine to exchange coins with each other at a pre-agreed price, but it’s time to enter professional exchanges. This article is the first in a series looking at the basics of trading.
BIP’s listing on Bithumb Global is a great opportunity to start learning it. This guide is for beginners, and many definitions and explanations have been simplified on purpose.
✏️ Read article >>
Minter ceases to be just a community of crypto enthusiasts and developers and begins to see fairly large projects built on top of it, the blockchain itself is constantly improving, and BIP is getting more and more liquidity. It’s perfectly fine to exchange coins with each other at a pre-agreed price, but it’s time to enter professional exchanges. This article is the first in a series looking at the basics of trading.
BIP’s listing on Bithumb Global is a great opportunity to start learning it. This guide is for beginners, and many definitions and explanations have been simplified on purpose.
✏️ Read article >>
Minter Mainnet: Year One
Make sure to check out our latest article as we reveal top three development priorities the team is currently focused on.
Make sure to check out our latest article as we reveal top three development priorities the team is currently focused on.
Medium
Minter: What Is Next?
Hi, everyone! It is Daniil Lashin here, the lead developer at Minter.
Forwarded from Minter Development Foundation
POPularize BIP!
We at Minter Development Foundation (MDF) have decided to stimulate community efforts in promoting adoption of BIP. To do so, we will regularly publish a list of subjects and areas where educational materials are lacking.
If you decide to create educational materials about BIP adoption according to the published lists, you may be eligible for a reward. We will reward the best efforts with POP coins. To participate in the contest, you should send us an application with the information about yourself and the link to educational materials you have created.
Determination of whether the materials provided by you are eligible for a reward is in sole discretion of MDF. We do not guarantee or promise that you will be rewarded. You are not a contractor to the MDF, and creating educational materials based on our publications does not create contractual relations between you and us.
It is your sole responsibility to comply with any arising tax obligations in your jurisdiction. If the receipt of POP coins is prohibited in your jurisdiction, you shall not participate in the contest.
We at Minter Development Foundation (MDF) have decided to stimulate community efforts in promoting adoption of BIP. To do so, we will regularly publish a list of subjects and areas where educational materials are lacking.
If you decide to create educational materials about BIP adoption according to the published lists, you may be eligible for a reward. We will reward the best efforts with POP coins. To participate in the contest, you should send us an application with the information about yourself and the link to educational materials you have created.
Determination of whether the materials provided by you are eligible for a reward is in sole discretion of MDF. We do not guarantee or promise that you will be rewarded. You are not a contractor to the MDF, and creating educational materials based on our publications does not create contractual relations between you and us.
It is your sole responsibility to comply with any arising tax obligations in your jurisdiction. If the receipt of POP coins is prohibited in your jurisdiction, you shall not participate in the contest.