#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
⚡️ App Store has approved the official BIP application. We will become the only blockchain to have its own wallet right from the launch of the network! Google Play is next.
Final Preparations
Today, at 10:00 UTC, we disabled the users to re-assign their BIP balances and recorded all addresses and balances to be included in the Genesis file of Minter Mainnet! 🚀
We suggest that you search for your address through the Genesis file and check if your balance is correct.
https://genesis-viewer.minter.network/
Complaints regarding the contents of the Genesis file will be accepted up until May 12, 10:00 UTC. After that, it will be finalized.
Let us also remind you that if you are a member of the pool, then your coins will be first credited to the pool’s address for further distribution. The situation is different with bonuses and airdrops, which will all be sent to your wallet directly on days 15 and 29, respectively.
On May 12, 11:00 UTC, we will run the last testnet with the finalized Genesis file. And on May 15, 15:05 UTC, Minter Mainnet will go live.
Today, at 10:00 UTC, we disabled the users to re-assign their BIP balances and recorded all addresses and balances to be included in the Genesis file of Minter Mainnet! 🚀
We suggest that you search for your address through the Genesis file and check if your balance is correct.
https://genesis-viewer.minter.network/
Complaints regarding the contents of the Genesis file will be accepted up until May 12, 10:00 UTC. After that, it will be finalized.
Let us also remind you that if you are a member of the pool, then your coins will be first credited to the pool’s address for further distribution. The situation is different with bonuses and airdrops, which will all be sent to your wallet directly on days 15 and 29, respectively.
On May 12, 11:00 UTC, we will run the last testnet with the finalized Genesis file. And on May 15, 15:05 UTC, Minter Mainnet will go live.
Minter Mainnet Launch and Voting for the Price of BIP
While we all wait for the start of the main network, there is still one important thing to settle. It is the initial price of BIP. Let us remind you that it is this price that will be used for buying and selling BIP through the Validators’ Bank. After the main network goes live, the price of BIP will be changing by a maximum of 1% in either direction on a regular 24-hour basis.
The coin’s price will be denominated in USD
We have just started the final testnet, during which the network participants will be voting for the starting price of BIP. The process will last through blocks 1 to 30 000. To vote, you will need to send a transaction with any sum to the address
For example,
Address #1 with 100 BIP in balance and stakes votes for the price of $1,
Address #2 with 50 BIP in balance and stakes votes for the price of $0.1,
Initial price of BIP = 1×(100/150)+0.1×(50/150) = $0.7.
⚠️ We suggest that you use a local console.
You can watch the voting live here: https://coin.minter.network
While we all wait for the start of the main network, there is still one important thing to settle. It is the initial price of BIP. Let us remind you that it is this price that will be used for buying and selling BIP through the Validators’ Bank. After the main network goes live, the price of BIP will be changing by a maximum of 1% in either direction on a regular 24-hour basis.
The coin’s price will be denominated in USD
We have just started the final testnet, during which the network participants will be voting for the starting price of BIP. The process will last through blocks 1 to 30 000. To vote, you will need to send a transaction with any sum to the address
Mx00000000000000000000000000000000000000A1. In a transaction message, you will have to indicate the price that you vote for—e.g., 0.5 (the value can be as low as 0.01 and as high as 1.00). The weight of a particular vote will be determined by the number of coins in stakes and address balances (as of block 30 000).For example,
Address #1 with 100 BIP in balance and stakes votes for the price of $1,
Address #2 with 50 BIP in balance and stakes votes for the price of $0.1,
Initial price of BIP = 1×(100/150)+0.1×(50/150) = $0.7.
⚠️ We suggest that you use a local console.
You can watch the voting live here: https://coin.minter.network
coin.minter.network
BIP Price
Discover the price of BIP in real time as Minter network participants vote.
DeCentral Bank
Last night, Minter network participants finished voting for the initial price of BIP. The weight of a particular vote was determined by the number of coins in user’s stake, meaning the higher the stake (that is, user’s economic interest within the system), the more powerful the vote.
BIP has settled at $0.32, which is way lower than prices of other DPoS-based projects’ internal coins.
In the history of blockchain, there’s never been a system autonomous enough to set the price of the base coin on its own. We all acted as members of the single DeCentral Bank, setting the terms of exchange with other global on-chain and off-chain assets.
It will be getting more and more interesting: every day, any user will be able to use their stake and send a vote, determining the change in the price of BIP—more precisely, +/-1% or 0% if they find the current price reasonable.
And, of course, it’s completely transparent—anyone can view the votes that are coming in, as well as the addresses and stakes casting them. Should the user want to make their own calculations, they will be able to do so.
The Minter network goes live tomorrow, and with it, the Internet of Money!
#minter #bip #32
Last night, Minter network participants finished voting for the initial price of BIP. The weight of a particular vote was determined by the number of coins in user’s stake, meaning the higher the stake (that is, user’s economic interest within the system), the more powerful the vote.
BIP has settled at $0.32, which is way lower than prices of other DPoS-based projects’ internal coins.
In the history of blockchain, there’s never been a system autonomous enough to set the price of the base coin on its own. We all acted as members of the single DeCentral Bank, setting the terms of exchange with other global on-chain and off-chain assets.
It will be getting more and more interesting: every day, any user will be able to use their stake and send a vote, determining the change in the price of BIP—more precisely, +/-1% or 0% if they find the current price reasonable.
And, of course, it’s completely transparent—anyone can view the votes that are coming in, as well as the addresses and stakes casting them. Should the user want to make their own calculations, they will be able to do so.
The Minter network goes live tomorrow, and with it, the Internet of Money!
#minter #bip #32
📲 Official Minter Wallets
Today, after the main network goes live at 3:05 PM UTC, users will have access to three entry points:
1️⃣ Console — console.minter.network
2️⃣ iOS Wallet — minter.link/ios
3️⃣ Wallet for Android — minter.link/android
Services will start working in the first hours after the launch. You can already download and install applications now.
Today, after the main network goes live at 3:05 PM UTC, users will have access to three entry points:
1️⃣ Console — console.minter.network
2️⃣ iOS Wallet — minter.link/ios
3️⃣ Wallet for Android — minter.link/android
Services will start working in the first hours after the launch. You can already download and install applications now.
console.minter.network
Console — Minter
Minter Console is by far the most advanced part of our project that lets you manage all your activities on our network.
👍1
v1.0.1
Hello, everyone!
On block height 5,760, the blockchain protection mode that monitors the network status was triggered. Due to that, we were able to locate a vulnerability and prevent the loss of user funds. For more detail about the system, refer to this article on our official blog.
We released an official fix of this vulnerability under the version of 1.0.1. All masternode owners need to update as soon as possible.
For all validators to be able to update in time and avoid missing blocks, we decided to resume operation of the blockchain at 10:00 AM UTC. Until then, all nodes will be in standby mode.
The only operation required is replacement of the binary file.
Hello, everyone!
On block height 5,760, the blockchain protection mode that monitors the network status was triggered. Due to that, we were able to locate a vulnerability and prevent the loss of user funds. For more detail about the system, refer to this article on our official blog.
We released an official fix of this vulnerability under the version of 1.0.1. All masternode owners need to update as soon as possible.
For all validators to be able to update in time and avoid missing blocks, we decided to resume operation of the blockchain at 10:00 AM UTC. Until then, all nodes will be in standby mode.
The only operation required is replacement of the binary file.
Here comes the first PCO (Perpetual Coin Offering) on the Minter network.
As part of the program aimed to support the most exciting and active projects, the Minter team has recently delegated 150 000 TEAM coins to the BTC.Secure validator.
We will soon outline in more detail what activity the team itself (not the DAO) plans to encourage and how exactly it will all happen.
It is the very model for supporting the validators that is interesting: the TEAM coin’s price has grown five times since being delegated, which led to an increase in the delegated stake.
https://news.1rj.ru/str/BTCSecure/60
As part of the program aimed to support the most exciting and active projects, the Minter team has recently delegated 150 000 TEAM coins to the BTC.Secure validator.
We will soon outline in more detail what activity the team itself (not the DAO) plans to encourage and how exactly it will all happen.
It is the very model for supporting the validators that is interesting: the TEAM coin’s price has grown five times since being delegated, which led to an increase in the delegated stake.
https://news.1rj.ru/str/BTCSecure/60
Telegram
BTC.Secure
PCO BTC.Secure – the first PCO in the Minter network
Minter was created so that everyone can issue their own coin with instant liquidity and growing in value when there is demand.
The BTC.Secure team made an ambitious decision to take advantage of this…
Minter was created so that everyone can issue their own coin with instant liquidity and growing in value when there is demand.
The BTC.Secure team made an ambitious decision to take advantage of this…
🇨🇳 Minter steps on Chinese soil!
https://www.bitcat365.com/ann/bit-cat-start-minter-validator-service
https://www.bitcat365.com/ann/bit-cat-start-minter-validator-service
100,000 Blocks
Block #100,000 was just generated on the Minter network! It was produced by the BTC.Secure validator. We want to congratulate all members of our community on this little yet significant milestone. The blockchain is stable, all performance targets are met, and transactions are processed in less than five seconds!
At the moment, our team is putting all of its efforts into creating the Validators’ Bank that will enable any participant of the network to buy or sell BIP at a price determined by daily voting! Stay tuned!
Minter, the Internet of Money (IoM)
So Long, and Thanks for All the Fish!
Block #100,000 was just generated on the Minter network! It was produced by the BTC.Secure validator. We want to congratulate all members of our community on this little yet significant milestone. The blockchain is stable, all performance targets are met, and transactions are processed in less than five seconds!
At the moment, our team is putting all of its efforts into creating the Validators’ Bank that will enable any participant of the network to buy or sell BIP at a price determined by daily voting! Stay tuned!
Minter, the Internet of Money (IoM)
So Long, and Thanks for All the Fish!
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Beer for BIP: historic moment, instant transfer.
A pint for 12 BIP. Bitcoin had pizza for 10,000 BTC, and we got a pint of beer 🍺
A pint for 12 BIP. Bitcoin had pizza for 10,000 BTC, and we got a pint of beer 🍺