Minter Network – Telegram
Minter Network
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Minter is an ultra-fast and robust cross-chain DEX with in-core AMM and order book powered by its own Layer-1 Blockchain.

https://www.minter.network/bip
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As the end of the year nears, our research team is looking back on series A rounds in the blockchain space that were finalized in the first half of 2020 and how they stack up against the same, pandemic-free period in 2019.

https://medium.com/gromorg/crypto-vc-series-a-h1-2020-report-430407d3679b
Follow all the latest news and keep up-to-date with developments in Minter right from your wallet!

BIP Wallet 2 for Android has rolled out Stories.
In his latest article, Pinpon’s loyalty chef Mike analyzes data from Visa to show how simple tactics can send loyalty to your business skyrocketing—along with the income, of course.

Quick Take
• Create a unique purchase experience for your customers, make them feel valued
• Go digital, bring your loyalty program on-line
• Think outside the standard-loyalty-mechanics box. It’s essential to stand out from your competition
• Organize your team’s work in such a way that high-quality customer care becomes the core principle. Motivate your teammates towards achieving that level, allow more flexibility
• Partner with financial organizations and collaborate with others
• Interact with your clients off-line. This format has been largely overtaken recently, but don’t neglect it (if possible)

Learn More »
Minter has joined hands with Pinpon to run a promo campaign for the upcoming Minter Hub chain and its native digital token HUB (what’s this?).

The prize pool is 100,000 BIP.

Four simple polls will be posted within one week. To maximize your chances of winning, take part in all of them.

Ten winners will be selected randomly on blockchain. All participants have an equal chance to win, no matter the answers they choose (then again: the more polls you complete, the more likely you are to become one of the lucky ten).

Question #1 is ready for you. Let’s get it started!

Answer Now »

When will the winners be announced?
December 4, 2020 @ 12:00 p.m. UTC

Are there any extra steps I need to take?
📨 No. Just follow the link, pick the option that applies to you, and confirm your e-mail address. That’s it!

P.S. Check your spam folder if it doesn’t arrive in your inbox.
Question #2 has arrived.
Here we go »

Friendly reminder: the more answers, the more chances to win.
Question #3 has just landed.
Hurry up »

Friendly reminder: the more answers, the more chances to win.
🏓 Last month, debut promos went live on Pinpon.io, the first massive product for businesses and regular people alike that’s built atop Minter blockchain. Meanwhile, the team has been updating and improving all services and started working on Minter 2.0. For more info, check out our latest round-up.

And don’t forget to clap! 👏🏻
Last but not least: Question #4.
Go to final poll »

Friendly reminder: the more answers, the more chances to win.
🏓 Pinpon: How to Launch Promos & Set up Interactions

Pinpon lets brands start promo campaigns and reward their users for being involved through various interaction formats.

The platform brings tech, blockchain’s transparency, and brands’ interaction with the audience into a single space. To better understand how it works in real life, here’s a step-by-step look at how to launch a campaign.

✏️ Learn More Now ››
The results are in! Check if you were lucky (or active) enough here: https://www.pinpon.io/promo/086553.
Last night Minter Network has delivered 7 262 785 transactions, 99% of which in less than a 5-seconds block. Some blocks handled over 6000 recipients at once – over 1000 per second on a public blockchain!

Minter is ready for a mass-adoption use cases, focusing on the loyalty points and rewards markets.
Minter Network Updated to Version 1.2.1

A few days ago, validators decided to update to a new version at block height 1,185,600. It had been developed and tested for the last two months.

Major technical features are described in a separate post on the dev channel. In short, there are two important points:

– Current network fees have increased 100 times, meaning rewards that validators and delegators get on their stakes grew as well. It’s entirely a market solution that still preserves Minter’s most attractive offer for businesses: transfers at less than $0.01;
– This network is ready for mass adoption. At the peak load, it successfully processed millions of transactions that involved custom coins.

The best-performing blocks had more than 6,000 receivers each, making Minter one of the fastest public blockchains in the world. To compare, the Ethereum network would take 400 (instead of 5) seconds for the same number of transactions.

Updates are a planned part of Minter’s roadmap to meeting the real-world needs of businesses and their customers.

Results of the recent stress test also provide us with a good PR opportunity. We will submit a modified proposal to Reddit and other brands with the proof of our dominance. More details will follow on our official Medium account in the coming days.
As promised, we have changed and re-submitted our proposal for Reddit. It now includes the most recent data on how Minter is used in real life.

https://medium.com/@MinterTeam/announcement-re-mass-adoption-6c23a829c61

Quick Numbers
• Daily transfers: 7,262,785
• Average block time: ~5 sec.
• Max. receivers per block: 10,100
• Max. transactions per second: 2,186
Forwarded from Minter Dev Notifications
Hi, everyone! Daniil Lashin here.

As 2020 nears its end, I’ve got some great news to share. Today is a very special day because we’re launching a public demo of Minter Hub. Hub is the next step in building the Internet of Money. It will interconnect Minter with other leading networks, starting with Ethereum.

You’ll be able to transfer literally any coin from Ethereum right to your BIP Wallet. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others.

More detail: https://daniillashin.medium.com/e06f4efca51d
2020 was a good year for Minter. And the live proof that our network can deliver over 10 million transfers every day was a great finishing touch. We found our niche market and have started conquering it. Already now, we have three products that cover almost all possible use cases for loyalty points and rewards you could ever imagine.

https://medium.com/@MinterTeam/can-your-public-blockchain-handle-over-10-million-transactions-a-day-minter-can-da0e0af701e9

The corona crisis has shown that true loyalty is priceless. And it’s much easier when you don’t have to worry about the price of building it because Minter makes it more than affordable. The speed (five seconds on Minter) is also important—no one will wait tens of minutes or even hours to spend their loyalty points and rewards at the checkout.
🎄 Dear friends,
We wish you a happy new year and here's to 2021! Obviously, last year wasn't the best year, but it taught us a lot. For example, to post monthly community updates! The latest one from Minter team is already up on Medium.

And don’t forget to hit that clap button 50 times! 👏🏻
Forwarded from Minter Dev Notifications
🚀 First Cross-Chain Transfers on Minter Mainnet!

Yesterday, as part of Minter Hub testing, the first transfers were sent from Minter to Ethereum and the other way around. It was the first step to launching a full-fledged Internet of Money that will allow to buy and sell any digital asset right within BIP Wallet. It will also let you create coins and loyalty points—traded against USDT, BTC, ETH, BIP, and any other asset by default—in minutes. Sending any mirrored coin (USDT, wBTC, wETH) will take minimum fees and a confirmation time of about five seconds.

Ethereum -> Minter:
1. Send
2. Receive

Minter -> Ethereum:
1. Send
2. Receive

With Minter Hub, you’ll be able to transfer literally any coin from Ethereum to Minter. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others. Minter Hub validators will get 1% on the fees charged for moving coins from Minter to Ethereum and vice versa.

When running tests, we used the LASHIN coin, for which we issued an ERC-20 token on Ethereum. This clearly shows that mirroring can be done on either of the networks. Transfer of LASHIN and CHAIN from Minter to Ethereum and the other way around will be available to everyone once the UI development is finished. For these coins, the pairs will be launched on the Uniswap protocol, meaning anyone will be able to exchange them for USDT in a completely decentralized way.

For making these transfers happen, Minter Hub validators got 1% of the fees. The fee for sending transactions to Ethereum will be paid by the user separately (this functionality is underway).

A few technicalities

Minter Hub is based on Cosmos SDK and a modified Peggy solution that’s developed by the Cosmos team.

Minter Hub is supported by validators, here’s what they launch on their servers:
- Minter node
- Ethereum node
- Minter Hub node
- Ethereum Orchestrator, software that monitors the events on the Ethereum network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Ethereum.
- Minter Orchestrator, software that monitors the events on the Minter network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Minter.

Mirrored coins are locked on the MultiSig accounts of Minter Hub validators up until they are requested to be withdrawn.

Why is this one of the most important milestones in Minter’s history?

1. Minter becomes the easiest way to enter the crypto space. Fast and cheap transfers for most digital assets, interfaces that are easy to understand.
2. The bigger number of transactions and bigger gains for validators and delegators. With the arrival of Minter 2.0, the fees will be adjusted to the market, meaning that returns from the fees might surpass those from generating new blocks.
3. BIP holders get an opportunity to benefit from the exchange operations inside Minter carried out via the Uniswap protocol.
4. HUB holders get 1% on the fees charged for transferring coins from Ethereum to Minter and vice versa.
5. Last but not least: all Minter-powered coins become exchangeable with USDT, ETH, BTC, and other digital assets. All that in five seconds and at super-low fees.
Tied to the U.S. dollar, fees will be one major thing to change once Minter 2 goes live ($0.01 for transfers, $0.03 for swaps, and $10 to $100,000 for creating coins).

Another is the ability to pay them with mirrored coins from other blockchains (USDT, USDC, wBTC, and others).

But how will the new economic model impact the earnings of validators and their delegators?

Learn More: https://medium.com/@MinterTeam/economics-of-minter-2-440aa09cb0fa