Mr. Gordeev
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Chasing the future.

Ping me at @AddedSugars
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In Math We Trust.
Developers’ DAO

The future of the network depends on developers’ interest in the blockchain technology. That’s why we are planning to use a tax on every block reward and transaction fee to fund the DAO of developers. A 10% tax is enough to keep everyone happy—users with new features, validators with robust and efficient updates, and developers with fair compensation for their work. Just a quick estimation shows that over 10% of the total network supply will be awarded through a DAO.

The research and launch of a DAO is our main goal for the years of 2019 and 2020, so stay tuned for more updates.
Forwarded from Decrypt
BMW is Launching a Blockchain-Based Rewards App in Korea
https://decrypt.co/44174/bmw-is-launching-a-blockchain-based-rewards-app-in-korea

The luxury carmaker said users will be rewarded based on the purchases they make and can redeem points for various benefits like discounts or accessing private events.
Minter has rolled out a simple and convenient web wallet for working with loyalty points and rewards.

https://medium.com/@MinterTeam/wallet-for-loyalty-rewards-platforms-minter-wallet-β-65a7f87751cf

There’s no need to download or install anything, learn any special skills, or even know what blockchain is. You can send coins to both Minter blockchain and e-mail addresses—even if the recipient has never used Minter Wallet before—without worrying about your password (log in to the wallet via secure one-time links straight from your inbox).
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 2 is a global decentralized liquidity pool, a.k.a. the Internet of Money. It represents major cryptocurrencies, service tokens, community coins, and loyalty points.
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.
Pinpon, a Minter-powered promo campaign platform, lets anyone in minutes create very engaging interactions. Here is an example from @DeCenterOrghttps://www.pinpon.io/a/AHGLWxz?ref=r
Yesterday, CZ bought a year of premium Pornhub subscription with Binance’s BNB token.

What do you think about paying for services where you may want to remain anonymous, to put it mildly?

👉 Take a quick poll and win prizes! >>
Our lead developer Daniil Lashin was awarded by Cosmos for fixing major issue that could possibly stop many blockchains https://twitter.com/danillashin/status/1362460415800848396?s=21
⚡️ Minter: Ultra-fast and robust cross-chain DEX with in-core AMM and Order Book

minter.network
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