Minter Development Foundation
The Minter Development Foundation (hereinafter referred to as “MDF”) has been registered in the U.S., the news that we have been working for months to hear. The company will become the legal entity responsible for the development of the Minter network, representing our shared interests in the real world.
The MDF has no shareholders and does not make a profit on its operations. It is the most independent organization form that is overseen by the elective board. The board will be elected by the top validators in terms of own stake. The MDF financing will come from transaction fees and a 10-percent tax on block rewards—the concept we previously referred to as the Developers’ DAO.
The MDF is the legal entity of the DAO.
We aimed to establish the MDF in the U.S. as it is the world’s largest and most developed crypto market that has made the most progress in the legislative field.
After the launch of the network, the current team of Minter will start the process of transferring intellectual property rights to the MDF. Access to the key websites, applications, and other critical elements of infrastructure will follow the same scenario. The more independent the Minter Development Foundation is, the better the objective of decentralizing the system in real life is achieved.
Below are the main goals of the MDF:
– Popularization of the Minter network
– Development of the network in key directions
– Support of the Minter-based projects, including grant aid programs
We want to stress once again the fact that the MDF will be entirely financed from the 10-percent tax. The allocation will be carried out by the board members elected by the top validators. Delegators elect validators, validators elect board members, and board members decide how to develop the network and what steps to take.
The Minter Development Foundation (hereinafter referred to as “MDF”) has been registered in the U.S., the news that we have been working for months to hear. The company will become the legal entity responsible for the development of the Minter network, representing our shared interests in the real world.
The MDF has no shareholders and does not make a profit on its operations. It is the most independent organization form that is overseen by the elective board. The board will be elected by the top validators in terms of own stake. The MDF financing will come from transaction fees and a 10-percent tax on block rewards—the concept we previously referred to as the Developers’ DAO.
The MDF is the legal entity of the DAO.
We aimed to establish the MDF in the U.S. as it is the world’s largest and most developed crypto market that has made the most progress in the legislative field.
After the launch of the network, the current team of Minter will start the process of transferring intellectual property rights to the MDF. Access to the key websites, applications, and other critical elements of infrastructure will follow the same scenario. The more independent the Minter Development Foundation is, the better the objective of decentralizing the system in real life is achieved.
Below are the main goals of the MDF:
– Popularization of the Minter network
– Development of the network in key directions
– Support of the Minter-based projects, including grant aid programs
We want to stress once again the fact that the MDF will be entirely financed from the 10-percent tax. The allocation will be carried out by the board members elected by the top validators. Delegators elect validators, validators elect board members, and board members decide how to develop the network and what steps to take.
In exactly one month, on April 25, the global Crypto Games blockchain gaming conference kicks off in Minsk, Belarus. Though we are not into developing games, our blockchain can also be applied in this industry. How? We will be delighted to tell you all about it at the conference. The topic of the presentation will be announced later. We will also have a stand, so we can communicate throughout the two days of the event.
If you have not signed up yet, you can do it here: https://cryptogames.events/tickets/
The MINTER promo code gives a 15% discount. See you in Minsk!
If you have not signed up yet, you can do it here: https://cryptogames.events/tickets/
The MINTER promo code gives a 15% discount. See you in Minsk!
#Weekly Community Update (March 25, 2019)
🛰 “Houston, this is Explorer, copy.”
For the past few weeks, we have been actively working on a major update, and last Friday, we rolled out Explorer 2.0. In the latest release, we paid a lot of attention to the details and improved the stability and correctness of data display. The majority of issues discovered during load testing were related to the Explorer, so we focused our efforts on this particular part of the ecosystem. Now, what has changed with the recent update?
– No more inaccurate data. We fixed all the problems causing Explorer to occasionally perform incorrect calculations.
– We concentrated on optimization, and the new Explorer works perfectly at any load, just like our blockchain. 💪
– In addition to the technical part, we also optimized the interface and added more information about transactions and blocks.
– Resolved a couple of SDK-related issues.
– Have already integrated the new version of Explorer into our iOS & Android apps and the Telegram bot.
Stay tuned!
🛰 “Houston, this is Explorer, copy.”
For the past few weeks, we have been actively working on a major update, and last Friday, we rolled out Explorer 2.0. In the latest release, we paid a lot of attention to the details and improved the stability and correctness of data display. The majority of issues discovered during load testing were related to the Explorer, so we focused our efforts on this particular part of the ecosystem. Now, what has changed with the recent update?
– No more inaccurate data. We fixed all the problems causing Explorer to occasionally perform incorrect calculations.
– We concentrated on optimization, and the new Explorer works perfectly at any load, just like our blockchain. 💪
– In addition to the technical part, we also optimized the interface and added more information about transactions and blocks.
– Resolved a couple of SDK-related issues.
– Have already integrated the new version of Explorer into our iOS & Android apps and the Telegram bot.
Stay tuned!
#Weekly Community Update (April 1, 2019)
⚙️ Last week, we ran multiple tests aimed to locate the issues that may emerge after the launch of the main network. We want to thank all members of our community who help us in this regard. Assistance in bug discovery will be rewarded once the Minter Mainnet goes live. What has changed with the latest update?
– Having analyzed the results of trials and made a number of improvements, we launched an upgraded test network
– Made small changes to new Explorer’s interface and moved it to a more powerful server ahead of launch
– Updated API methods
– Fixed an issue that was preventing us from the quick launch of services after starting a new testnet
– Implemented necessary improvements for the correct processing of data related to rewards that are distributed when a masternode is turned off
– Eliminated a few non-critical issues in iOS and Android apps
Stay tuned!
⚙️ Last week, we ran multiple tests aimed to locate the issues that may emerge after the launch of the main network. We want to thank all members of our community who help us in this regard. Assistance in bug discovery will be rewarded once the Minter Mainnet goes live. What has changed with the latest update?
– Having analyzed the results of trials and made a number of improvements, we launched an upgraded test network
– Made small changes to new Explorer’s interface and moved it to a more powerful server ahead of launch
– Updated API methods
– Fixed an issue that was preventing us from the quick launch of services after starting a new testnet
– Implemented necessary improvements for the correct processing of data related to rewards that are distributed when a masternode is turned off
– Eliminated a few non-critical issues in iOS and Android apps
Stay tuned!
Forwarded from DeCenter – Blockchain and Bitcoin
Perpetual Coin Offering
While the whole world has gone crazy about IEOs (Initial Exchange Offerings), a new form of ICO, we want to tell you how to launch your own coin on the Minter network (@MinterTeam) easily and quickly and raise funds with a predictable capitalization. No “lottery tickets” or price downturns.
Check out our how-to article — https://medium.com/@MinterTeam/how-to-create-your-own-coin-the-definitive-guide-9186a5c41415
While the whole world has gone crazy about IEOs (Initial Exchange Offerings), a new form of ICO, we want to tell you how to launch your own coin on the Minter network (@MinterTeam) easily and quickly and raise funds with a predictable capitalization. No “lottery tickets” or price downturns.
Check out our how-to article — 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
We put a lot of effort into developing Explorer 2.0, and most of it remained unseen for a regular user.
In the article below, our developers tell about the core components, structure, and technical features of the new Explorer.
https://medium.com/@MinterTeam/a-chronicle-of-minter-explorer-development-268f499f4f62
In the article below, our developers tell about the core components, structure, and technical features of the new Explorer.
https://medium.com/@MinterTeam/a-chronicle-of-minter-explorer-development-268f499f4f62
Medium
A Chronicle of Minter Explorer Development
The main goal of a blockchain explorer is to collect network data so that one could further analyze it and retrieve it in a…
#Weekly Community Update (April 8, 2019)
Last week, we
– successfully reset the test network, having transferred the data from the previous testnet in a genesis block
– added multiple transactions to our Telegram wallet. You can now specify several addresses and amounts in one message by starting a new line for each transaction 🔥
– upgraded the blockchain and improved optimization
– converted error messages that are displayed in the console and applications to a more readable format
– resolved issues within iOS and Android apps
Stay tuned!
Last week, we
– successfully reset the test network, having transferred the data from the previous testnet in a genesis block
– added multiple transactions to our Telegram wallet. You can now specify several addresses and amounts in one message by starting a new line for each transaction 🔥
– upgraded the blockchain and improved optimization
– converted error messages that are displayed in the console and applications to a more readable format
– resolved issues within iOS and Android apps
Stay tuned!
As we are getting closer to the launch, our lead developer has decided to tell you a bit more about how the main network will go live and how the coins will be distributed.
https://medium.com/@MinterTeam/what-you-need-to-know-about-the-minter-mainnet-558f906770bc
https://medium.com/@MinterTeam/what-you-need-to-know-about-the-minter-mainnet-558f906770bc
Medium
What You Need to Know about the Minter Mainnet
Hello! This is Daniil Lashin, lead developer of the Minter team.
🔥 We have started to deploy Minter Mainnet Console available at console.minter.network. You can already create a new wallet for the main network!
Do not forget that a seed phrase (12 words) generated upon the wallet creation is the key to all your funds. That is why we highly recommend you store it in a safe place and use it for authorization in official services only.
You can now enter the address (starts with Mx…) in your Dashboard. It is this address that your BIP will be credited to after the main network goes live.
The guide below has all you need to know:
https://minter.link/guideline
Do not forget that a seed phrase (12 words) generated upon the wallet creation is the key to all your funds. That is why we highly recommend you store it in a safe place and use it for authorization in official services only.
You can now enter the address (starts with Mx…) in your Dashboard. It is this address that your BIP will be credited to after the main network goes live.
The guide below has all you need to know:
https://minter.link/guideline
#Weekly Community Update (April 15, 2019)
Last week, we published a detailed guideline on how to create a wallet for receiving BIP in the main network and bind it to your Early Access account. Please read it carefully: minter.link/guideline.
We also
– added the ability to create a main network wallet in the official console (authorization will be enabled immediately after the launch) and made our source code open so that you could generate your address off-line; 🔥
– updated the information about creating coins in the console;
– upgraded the blockchain and resolved a few issues identified during trials;
– updated the Early Access Campaign bot (@MinterNetworkBot), which you can now also use to submit your Mainnet address;
– implemented the feature allowing for the deletion of custom coins with insufficient reserve;
– added the display of multi-transactions in iOS and Android applications.
Stay tuned!
Last week, we published a detailed guideline on how to create a wallet for receiving BIP in the main network and bind it to your Early Access account. Please read it carefully: minter.link/guideline.
We also
– added the ability to create a main network wallet in the official console (authorization will be enabled immediately after the launch) and made our source code open so that you could generate your address off-line; 🔥
– updated the information about creating coins in the console;
– upgraded the blockchain and resolved a few issues identified during trials;
– updated the Early Access Campaign bot (@MinterNetworkBot), which you can now also use to submit your Mainnet address;
– implemented the feature allowing for the deletion of custom coins with insufficient reserve;
– added the display of multi-transactions in iOS and Android applications.
Stay tuned!
Last week, we released Minter Mainnet Console with which you can generate an address for receiving coins in the main network. We also wrote a guideline on how to create a wallet and submit it via the Dashboard.
For those who want to generate their wallet in the most secure way possible, we created a guideline on how to do that off-line: https://minter.link/off-line
ℹ️ If you have already submitted the address via the Dashboard and want to change it, we will roll out such an option next week.
For those who want to generate their wallet in the most secure way possible, we created a guideline on how to do that off-line: https://minter.link/off-line
ℹ️ If you have already submitted the address via the Dashboard and want to change it, we will roll out such an option next week.
#Weekly Community Update, April 22
🔄 All participants can now use the Dashboard to change their address for receiving the main network coins. If you have already submitted and confirmed an address but want to generate a new one, you can now do that with a few clicks.
– Added and updated the off-line version of the console to enable users to create a wallet in a more secure way.
– Upgraded the blockchain and started a new test network.
– Released a tool for checking the genesis block so that everyone could make sure that the coins are distributed properly and fairly after the launch.
– Introduced network ID within a transaction so that user’s funds could not be stolen if the same wallet is used for both networks.
– Implemented the delegation feature in the Android application (coming soon to iOS as well).
Stay tuned!
🔄 All participants can now use the Dashboard to change their address for receiving the main network coins. If you have already submitted and confirmed an address but want to generate a new one, you can now do that with a few clicks.
– Added and updated the off-line version of the console to enable users to create a wallet in a more secure way.
– Upgraded the blockchain and started a new test network.
– Released a tool for checking the genesis block so that everyone could make sure that the coins are distributed properly and fairly after the launch.
– Introduced network ID within a transaction so that user’s funds could not be stolen if the same wallet is used for both networks.
– Implemented the delegation feature in the Android application (coming soon to iOS as well).
Stay tuned!
⚡️ Minter Mainnet will go live at 15:05 UTC on 15/05/2019.
Follow our channel and the #mintermainnet tag for further details.
Follow our channel and the #mintermainnet tag for further details.
#Weekly Community Update (April 29)
📆 Last week, we announced the date of launch: it will occur on May 15, 2019, at 15:05 UTC. What else did we do?
— Upgraded the blockchain and started a new testnet to pilot the distribution of bonuses and airdrops.
— Added the ability to generate transactions off-line in the console.
— Added the ability to change the mainnet address in the Dashboard and the Early Access Campaign bot.
— Added the sorting of block signatures in the explorer.
— iOS and Android apps now support the delegation of coins to masternodes.
By the way, if you have any questions or suggestions, feel free to share them with us via the bot or in our chat.
📆 Last week, we announced the date of launch: it will occur on May 15, 2019, at 15:05 UTC. What else did we do?
— Upgraded the blockchain and started a new testnet to pilot the distribution of bonuses and airdrops.
— Added the ability to generate transactions off-line in the console.
— Added the ability to change the mainnet address in the Dashboard and the Early Access Campaign bot.
— Added the sorting of block signatures in the explorer.
— iOS and Android apps now support the delegation of coins to masternodes.
By the way, if you have any questions or suggestions, feel free to share them with us via the bot or in our chat.
You can still ask other participants to assign their BIP balances to you—just send a request via your Dashboard. The price is fixed at 1 BTC for 100 000 BIP.
https://minternetwork.com/dashboard
We are disabling this feature in a week. After that, we will finalize the account balances, create a genesis block, and get ready for the Mainnet launch.
https://minternetwork.com/dashboard
We are disabling this feature in a week. After that, we will finalize the account balances, create a genesis block, and get ready for the Mainnet launch.
Less than 10 days from now, we will launch the main network. We highly recommend you make sure that you have everything you need to receive the coins, especially if you want to participate in the voting that will determine the starting price of BIP.
As soon as May 10, all balances and main network addresses will be finalized. Learn more about each stage in the article below:
https://medium.com/@MinterTeam/minter-mainnet-launch-and-voting-for-the-price-of-bip-3ef9290476c5
As soon as May 10, all balances and main network addresses will be finalized. Learn more about each stage in the article below:
https://medium.com/@MinterTeam/minter-mainnet-launch-and-voting-for-the-price-of-bip-3ef9290476c5
Medium
Minter Mainnet Launch and Voting for the Price of BIP
Hello! This is Daniil Lashin, the lead developer of Minter team.
Final Call
Starting tomorrow, 10:00 AM UTC, you will no longer be able to ask other participants to assign their BIP balances to you. It is symbolic that from the moment the Early Access campaign concluded, the price of BIP followed the downward trend set by Bitcoin and fell from 6.3 U.S. cents apiece to as low as 3 and is now back at over 6 again.
https://minternetwork.com/dashboard
The final testnet with a new genesis block will be launched on May 12.
Starting tomorrow, 10:00 AM UTC, you will no longer be able to ask other participants to assign their BIP balances to you. It is symbolic that from the moment the Early Access campaign concluded, the price of BIP followed the downward trend set by Bitcoin and fell from 6.3 U.S. cents apiece to as low as 3 and is now back at over 6 again.
https://minternetwork.com/dashboard
The final testnet with a new genesis block will be launched on May 12.
For over 18 months, a team of seven developers has been working on the Minter ecosystem. Now that the mainnet launch draws near, our lead developer Daniil Lashin has written an article to give you a little insight into the general architecture and logic of the network operation, as well as to provide the reasoning behind making particular decisions.
https://medium.com/@MinterTeam/a-history-of-minter-blockchain-development-e0dbeb8a9ac
https://medium.com/@MinterTeam/a-history-of-minter-blockchain-development-e0dbeb8a9ac
Medium
A History of Minter Blockchain Development
Website: https://minter.network