Minter is a blockchain network based on the Tendermint engine with the DPoS consensus mechanism that allows for conducting instant transactions and creating project coins with algorithmic price discovery.
Key Features
• Instant payments — transactions are done in 5 seconds, with fees lower than $0.001; • Usernames as addresses — no need to memorize long strings of symbols;
• Absolute liquidity — with BIP in reserve and the price discovered algorithmically, each coin can be instantly reminted to BIP or any other coin without the need for an intermediary;
• Limitless — BIP and other coins issued in the network can be exchanged for BTC and ETH (via Cosmos Zone) or even secured in USD;
• Developer-friendly — to boost the development of Minter Apps, the team has already released open-source SDKs for iOS, Android, JS, and even a Telegram bot kit.
BIP Token
BIP token is used as the native currency of the network as well as the reserve for the coins. Total
supply amounts to 10 billion BIPs, of which 100 million will be offered to early partners, 100 million
will be airdropped, and the rest will be distributed as the block rewards over the course of 7 years.
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