Minter Network Introduction
Welcome to our first post about Minter Network!
Today we'll talk about simple things that are basic for understanding what is Minter about, who and why needs it and about how to start your journey with the great community around Minter network.
What is Minter? Minter is a blockchain with the main part - native coin, called BIP. Users are able to buy, sell, send, present, buy goods and services with BIPs and create their own custom tokens to use them whatever they want.
The main thing you should understand about Minter is that Minter today, meaning it's potential and development stage looks like, for example, Ethereum in 2015-2016; very early stage of it's development, most profitable mining (delegating) and highest perspectives in the future. Minter is a tool that with right use could not only change your wealth but build a lot of new and surprising projects, realize unbelievable and even crazy ideas and make the wildest dreams come true. We can see now Minter as a little community of enthusiast, but it will grow and the volume of created projects and their quality will bring the "Internet of Money" to another, qualitatively new level.
If we talk about differences with other competitors, then they are maximal! There are not many projects made in 2017-2018 who had met the market with already working blockchain. Minter did it. Not so many projects issued something really new in token mechanics and economics. Minter did it too. Are there a lot of projects allows you to create your own token without coding experience in couple of minutes? There will be enough only fingers on one hand to count them. So Minter with all it's advantages is ahead of most cryptocurrencies we have on the market. There will be huge demand on BIPs soon when it will be well known through the world. Besides, most tokens are locked in delegating, so demand will create higher price. But this is a topic for another post.
But okay, let's talk about facts:
- Transaction speed: fast, one block in 5 seconds.
- BIP economics. Mining (minting) will last for 7 years. The best time to stake is the first year, first months.
- Token economics. Every custom token is backed by reserved BIPs that means it has it's own real price from the start.
- Mbank . It is a single point of entering Minter without a risk to be scammed.
The only question for the person who are willing to "enter" Minter today is "Where to buy?" . There are several OTC groups working in Telegram and several custom exchanges made by Validators and third party teams. Here are their links:
https://exchange.pro-blockchain.biz
Community.
There is a very active community around Minter with a lot of channels, websites, chats. But they are mostly in Russian language. So we decided to create international version of our RU-channel called Minter Magazine. Welcome to join us!
This is the end of our first but not last article.
Best wishes, your
@MinterMagazine