The Minter Network, also known as BIP, is a unique DeFi platform that offers a broad range of decentralized finance opportunities. With a decentralized exchange (DEX), cross-chain liquidity, and smart contracts, it provides a highly efficient and user-friendly platform to create, store, and exchange cryptocurrencies.
What Makes Minter Network Unique?
Highly popular among the crypto community, Minter Network is different from other blockchain platforms due to its wide array of features. It allows trading of numerous cryptocurrencies, tokens, and digital assets across a single network in a decentralized manner. The platform's integration with Ethereum and BNB Smart Chain enables cross-chain transfers and swaps. Furthermore, Minter Network allows users to create their own tokens and liquidity pools, provides cross-chain swaps, and offers decentralized deposits and withdrawals. It also presents fees fixed in USD in any liquid coin/token and limit orders powered by an implementation at the core level.
Supply and Circulation of Minter Network Coins
Minter Network operates with its native digital coin, BIP, which has a total supply of 10 billion units. These units become available as block rewards over approximately seven years since the mainnet launch on May 15, 2019. The blockchain runs on the Tendermint engine with a DPoS consensus algorithm, and the block reward will linearly decrease from 333 BIP to 115 BIP.
Security Measures
Minter Network's security comes from its implementation of the Delegated Proof-of-Stake (dPoS) consensus algorithm. This efficient and flexible consensus model leverages the power of stakeholder approval voting to resolve consensus issues fairly and democratically. Currently, the Minter blockchain has 46 independent masternodes, validating one block every five seconds. This solid security foundation ensures that the network remains secure and efficient at all times.
Where to Buy Minter Network (BIP)?
Minter Network's BIP coin is available for trading on various exchanges and within the Minter Network itself. This allows users to exchange BIP against many other digital assets, including stablecoins, in a fully decentralized manner.
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