Why did we choose Tendermint?
When we were starting to work on Minter almost two years ago, we decided that we would use only the industry’s best practices. In other words, if we can use someone else’s code—especially that written by strong teams—we should definitely do that. We aim to provide our users with the most efficient blockchain and not to collect awards for programmers. At first, we bet on Ethereum code because many popular projects had already been using it at the time. After having created a prototype last fall, however, we saw numerous limitations the engine put. We then conducted an in-depth market analysis and found a perfect candidate for our core—Tendermint!
Tendermint is an open-source engine for blockchain projects.
It allows the members of the network to reach a consensus really fast. Using Tendermint, a blockchain developer can be assured that all active nodes store same sets of transactions, balances, accounts, etc. Thanks to its own consensus algorithm, Tendermint allows for the processing of tens of thousands of transactions per second. The engine itself is written in Golang but lets programmers use any programming language to develop their blockchain.
As of now, over 70 projects—including Cosmos SDK, Cosmos Hub, 0x Project, and OmiseGo—use Tendermint.
The Minter blockchain also uses Tendermint and the DPoS consensus algorithm for high network performance.
Everything we develop is 100% open. Visit our GitHub to view the code and contribute: https://github.com/minterteam
If you got any questions, you may ask them in our chat: t.me/joinchat/EafyERJSJZJ-nwH_139jLQ
When we were starting to work on Minter almost two years ago, we decided that we would use only the industry’s best practices. In other words, if we can use someone else’s code—especially that written by strong teams—we should definitely do that. We aim to provide our users with the most efficient blockchain and not to collect awards for programmers. At first, we bet on Ethereum code because many popular projects had already been using it at the time. After having created a prototype last fall, however, we saw numerous limitations the engine put. We then conducted an in-depth market analysis and found a perfect candidate for our core—Tendermint!
Tendermint is an open-source engine for blockchain projects.
It allows the members of the network to reach a consensus really fast. Using Tendermint, a blockchain developer can be assured that all active nodes store same sets of transactions, balances, accounts, etc. Thanks to its own consensus algorithm, Tendermint allows for the processing of tens of thousands of transactions per second. The engine itself is written in Golang but lets programmers use any programming language to develop their blockchain.
As of now, over 70 projects—including Cosmos SDK, Cosmos Hub, 0x Project, and OmiseGo—use Tendermint.
The Minter blockchain also uses Tendermint and the DPoS consensus algorithm for high network performance.
Everything we develop is 100% open. Visit our GitHub to view the code and contribute: https://github.com/minterteam
If you got any questions, you may ask them in our chat: t.me/joinchat/EafyERJSJZJ-nwH_139jLQ
GitHub
Minter
Minter is an ultra-fast and robust cross-chain DEX with in-core AMM and order book powered by its own Layer-1 Blockchain. - Minter
Minter mining is a real revolution:
- No hardware needed;
- Use any coin issued on the network;
- And any amount of funds;
- Rewards are distributed to delegators and validators every minute;
- Proportionally to their stakes.
There are three simple steps:
- Choose a validator;
- Transfer your stake to a public address;
- Monitor your rewards every minute.
For more detail, check out one of our how-to articles — https://medium.com/@MinterTeam/how-to-become-a-minter-network-delegator-d0c2ee918909
- No hardware needed;
- Use any coin issued on the network;
- And any amount of funds;
- Rewards are distributed to delegators and validators every minute;
- Proportionally to their stakes.
There are three simple steps:
- Choose a validator;
- Transfer your stake to a public address;
- Monitor your rewards every minute.
For more detail, check out one of our how-to articles — https://medium.com/@MinterTeam/how-to-become-a-minter-network-delegator-d0c2ee918909
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…
🎙 Check out Crypto Quantic Ph.D’s talk with Dan, our community manager! Interviewed by a gifted trader and top-notch Medium author, Dan sheds light on the most daunting obstacles the crypto space faces on the road to mass adoption and breaks down how the Minter network could help overcome them.
https://medium.com/@ImagineTraffic/unfazed-by-the-crypto-bear-market-this-team-aims-to-be-the-first-to-integrate-with-the-telgram-7a7c909263c9
https://medium.com/@ImagineTraffic/unfazed-by-the-crypto-bear-market-this-team-aims-to-be-the-first-to-integrate-with-the-telgram-7a7c909263c9
Forwarded from DeCenter – Blockchain and Bitcoin
September 25 saw the end of the second Minter hackathon dedicated to the launch of decentralized exchanges (DEX). In just a week, the development teams had to create a convenient interface for monitoring the price of coins on the Minter testnet, as well as provide a simple tool for buying and selling them directly from users' wallets . . .
Continue Reading! »
Continue Reading! »
decenter.org
How I Created a Decentralized Exchange on Minter in a Week
The winners of Minter Hackathon #2 explain how they managed to design a decentralized exchange under deadline pressure.
We are glad to announce that our European company Minter Global has started operation. It is Minter Global that will become one of the MBank’s brokers, allowing you to exchange your BIP for crypto/fiat and vice versa. We will enable holders of euro-denominated bank accounts to almost instantly withdraw their funds via IBAN.
Following our strategy, we will first cover those countries which have a clear regulation of the cryptocurrency space.
https://minter.global/
Following our strategy, we will first cover those countries which have a clear regulation of the cryptocurrency space.
https://minter.global/
www.minter.global
Minter Global
Responsible integration of the future
How does one set up and run a masternode? What are the real numbers for different architecture configurations? How much would it all cost? Click the link below to find out:
https://minter.link/masternode-costs
https://minter.link/masternode-costs
decenter.org
How Much Does It Cost to Launch a Masternode and Maintain It? Different Architecture Configurations within the Minter Network
The technical specifications and costs of launching a masternode on the Minter network.
The registration procedure has become much faster, and you can now buy BIP from the organizers of the pools (the first step in launching MBank): https://minternetwork.com/invite/new
P.S. For each friend who signs up using your invite link, you’ll receive 10% of the amount they request.
P.S. For each friend who signs up using your invite link, you’ll receive 10% of the amount they request.
Minternetwork
Minter Network
Forwarded from DeCenter – Blockchain and Bitcoin
The launch of the Minter main network is not far off, which means it is time for all BIP holders to think about whose node to delegate their coins to. Check out a guest post explaining why one should be attentive to statistics and other indicators of the validator in the testnet.
Learn More Now! »
Learn More Now! »
decenter.org
Through the Eyes of a Validator: Why Is a Testnet Not an Indicator for Choosing a Validator?
How to correctly choose a validator in the Minter network. The tips.
We received confirmation that our E.U.-based company Minter Global OU had been granted crypto license — https://minter.global
Part of the MBank, this company will enable the participants of the Minter network to deposit and withdraw fiat funds!
Part of the MBank, this company will enable the participants of the Minter network to deposit and withdraw fiat funds!
www.minter.global
Minter Global
Responsible integration of the future
The U.S. Dollar on the Minter Blockchain
Good news, everyone.
Once the Minter network starts operating, our team will launch an algorithmic stablecoin pegged to the USD. After the coin has gained enough support, it will obtain the same features as all other Minter-based tokens—five-second confirmation times, low transaction fees, and exchangeability with BIP and all other currencies issued on the network.
Fixed at $1 apiece and easy to understand for everyone, this coin will be the Minter network’s main point for entry and exit.
Good news, everyone.
Once the Minter network starts operating, our team will launch an algorithmic stablecoin pegged to the USD. After the coin has gained enough support, it will obtain the same features as all other Minter-based tokens—five-second confirmation times, low transaction fees, and exchangeability with BIP and all other currencies issued on the network.
Fixed at $1 apiece and easy to understand for everyone, this coin will be the Minter network’s main point for entry and exit.
Look what we got for you—a web wallet for Minter! Use whichever device you prefer: https://wallet.beta.bip.to/
The product is currently being actively beta tested!
The product is currently being actively beta tested!
Good news, guys!
Tendermint has finished development and is now undergoing the final code audit (https://cosmos.network/roadmap).
We have also finished working on the Minter blockchain core. There are two Testnets ahead: the first will introduce adjustments to the mempool logic, and the second will be the final one running on Tendermint v1.0. After the final Testnet has been operating stably for a few weeks, we will launch the Mainnet. 🚀
Tendermint has finished development and is now undergoing the final code audit (https://cosmos.network/roadmap).
We have also finished working on the Minter blockchain core. There are two Testnets ahead: the first will introduce adjustments to the mempool logic, and the second will be the final one running on Tendermint v1.0. After the final Testnet has been operating stably for a few weeks, we will launch the Mainnet. 🚀
Forwarded from DeCenter – Blockchain and Bitcoin
“I will transfer it to your account”—this phrase is heard more and more often and can compete with the question about the availability of a store’s bonus card that a buyer gets asked when making certain purchases. Applications for smartphones have enabled many people to make money transfers in a few clicks without being physically present in a bank. Modern financial enterprises organize development teams to create mobile banking solutions and wallets accessible to all users. DeCenter compared two online funds transfer applications: Blockchain.info and BIP Wallet. We want to clarify that it is the functionality of the programs that is under review, their simplicity, accessibility, and speed of work regardless of monetary units.
Learn More Now! »
Learn More Now! »
decenter.org
Money Transfer Applications: Which Are User-Friendly?
Money transfer applications are becoming ever more popular, but just how good are they?
Weekly Community Update (February 1, 2019)
This week, we
• enhanced conversion and delegation processes in our Telegram bot
• upgraded the Testnet to the latest version of Tendermint, increased stability, and resolved the coin conversion issue
• adjusted the Console’s and web wallet’s transaction processing system for operating under high network load
• ran additional tests and further improved the blockchain
• fixed minor bugs in iOS and Android apps
• updated SDK and API
Stay tuned!
This week, we
• enhanced conversion and delegation processes in our Telegram bot
• upgraded the Testnet to the latest version of Tendermint, increased stability, and resolved the coin conversion issue
• adjusted the Console’s and web wallet’s transaction processing system for operating under high network load
• ran additional tests and further improved the blockchain
• fixed minor bugs in iOS and Android apps
• updated SDK and API
Stay tuned!
Weekly Community Update (February 8, 2019)
🚀 This week, the blockchain has escaped gravity and leaked away into space! Over the past few days, the network has processed more than 25 million transactions, and we have already located the weak spots and started to actively work on improvements. Despite the overload of individual elements, the blockchain has completed its tasks and continues stable operation.
We would also like to highlight the fact that such an attack would cost an intruder $500,000 in transaction fees alone. We expect to have such a load no earlier than one year after the main network’s launch; however, we are committed to running tests in order to be prepared for all scenarios.
Thank you for your support and understanding! Below is the list of changes we’ve made this past week:
• Optimized the display of transactions and blocks under the network load in Explorer and fixed a few minor bugs;
• Eliminated the problem with stuck transactions in the mempool;
• Added the display of multi-transactions in Explorer;
• Increased the maximum size of transaction data threefold;
• Resolved a few issues in iOS and Android applications.
Stay tuned!
🚀 This week, the blockchain has escaped gravity and leaked away into space! Over the past few days, the network has processed more than 25 million transactions, and we have already located the weak spots and started to actively work on improvements. Despite the overload of individual elements, the blockchain has completed its tasks and continues stable operation.
We would also like to highlight the fact that such an attack would cost an intruder $500,000 in transaction fees alone. We expect to have such a load no earlier than one year after the main network’s launch; however, we are committed to running tests in order to be prepared for all scenarios.
Thank you for your support and understanding! Below is the list of changes we’ve made this past week:
• Optimized the display of transactions and blocks under the network load in Explorer and fixed a few minor bugs;
• Eliminated the problem with stuck transactions in the mempool;
• Added the display of multi-transactions in Explorer;
• Increased the maximum size of transaction data threefold;
• Resolved a few issues in iOS and Android applications.
Stay tuned!
Weekly Community Update (February 15, 2019)
🧬 This week, we have been primarily focused on improving the blockchain. As soon as Monday, we will launch a new Testnet, the most interesting one so far.
Validators will receive test coins in the amount of BIPs requested by their pools. All participants will have the opportunity to test the distribution and delegation of coins in conditions close to those of the main network. Some other updates include:
• Adding the display of multi-transactions in Explorer
• Fixing a couple of bugs in iOS and Android apps,
• including minor issues in the Send Coins section (iOS) and Conversion section (Android)
• Resolving a problem with the incorrect nonces
• Increasing Telegram bot’s stability. With the new version of Testnet, you will not be able to use the bot, nor other applications, for requesting test coins, as we will be simulating the coin distribution through pools and the Early Access Dashboard.
Stay tuned!
P.S. Please feel free to reach out if you have any ideas or suggestions: @MinterIdeaBot
🧬 This week, we have been primarily focused on improving the blockchain. As soon as Monday, we will launch a new Testnet, the most interesting one so far.
Validators will receive test coins in the amount of BIPs requested by their pools. All participants will have the opportunity to test the distribution and delegation of coins in conditions close to those of the main network. Some other updates include:
• Adding the display of multi-transactions in Explorer
• Fixing a couple of bugs in iOS and Android apps,
• including minor issues in the Send Coins section (iOS) and Conversion section (Android)
• Resolving a problem with the incorrect nonces
• Increasing Telegram bot’s stability. With the new version of Testnet, you will not be able to use the bot, nor other applications, for requesting test coins, as we will be simulating the coin distribution through pools and the Early Access Dashboard.
Stay tuned!
P.S. Please feel free to reach out if you have any ideas or suggestions: @MinterIdeaBot
We have successfully launched a new Testnet!
In the simulation of a genesis block, we have credited test coins to the pools that provided their address. At the moment, we are also working on the distribution mechanism for coins that have been purchased individually, as well as bonuses and airdrops. You will be able to request them through Early Access Dashboard at some point this week.
In the simulation of a genesis block, we have credited test coins to the pools that provided their address. At the moment, we are also working on the distribution mechanism for coins that have been purchased individually, as well as bonuses and airdrops. You will be able to request them through Early Access Dashboard at some point this week.
Weekly Community Update (February 22, 2019)
This week, we
• upgraded the blockchain to the latest build of Tendermint and made a couple improvements aimed to increase stability
• trialed the genesis-block distribution of coins between pools, targeting further distribution among participants
• fixed the incorrect display of data in Explorer
• boosted the coin conversion process in the web wallet BIP.to
• updated the iOS and Android apps
Stay tuned!
This week, we
• upgraded the blockchain to the latest build of Tendermint and made a couple improvements aimed to increase stability
• trialed the genesis-block distribution of coins between pools, targeting further distribution among participants
• fixed the incorrect display of data in Explorer
• boosted the coin conversion process in the web wallet BIP.to
• updated the iOS and Android apps
Stay tuned!
Weekly Community Update (March 1, 2019)
🚀 Cheers! That was a lot of good news from developers in one week. Every day we are inching closer toward a big launch, so make sure to fasten your seatbelts! What’s changed since last week?
• Having taken into account the data obtained from the latest testnet, we released a new, refined version of the blockchain.
• We listened to user feedback—for which we are really, really grateful—on our SDK and API and made changes accordingly.
• The web version of our BIP.to wallet has become even more easy-to-use and a bit more visually appealing.
• We also rolled out a minor Explorer upgrade today. But bigger changes are yet to come.
• Last but not least, we made further updates to iOS and Android apps aimed to improve computation algorithms and general stability.
Stay tuned!
🚀 Cheers! That was a lot of good news from developers in one week. Every day we are inching closer toward a big launch, so make sure to fasten your seatbelts! What’s changed since last week?
• Having taken into account the data obtained from the latest testnet, we released a new, refined version of the blockchain.
• We listened to user feedback—for which we are really, really grateful—on our SDK and API and made changes accordingly.
• The web version of our BIP.to wallet has become even more easy-to-use and a bit more visually appealing.
• We also rolled out a minor Explorer upgrade today. But bigger changes are yet to come.
• Last but not least, we made further updates to iOS and Android apps aimed to improve computation algorithms and general stability.
Stay tuned!