MinoTari (XTM)

MinoTari (XTM) is an innovative cryptocurrency designed to empower users by allowing them to leverage their computer’s computational power for mining rewards easily. By engaging with the Tari Universe mining application, individuals can contribute to the network’s security while simultaneously earning Tari tokens. The project emphasizes accessibility, aiming to provide an intuitive experience suitable for all users, regardless of their familiarity with cryptocurrency.

The architecture of MinoTari is built around a proof-of-work model that ensures a decentralized and fair distribution of rewards. The Tari network, which underpins the MinoTari economy, boasts rapid transaction speeds, security, and low fees, making it an attractive option for miners and everyday users. The existence of merge mining with the RandomX algorithm highlights the platform’s commitment to inclusivity, enabling standalone miners and existing participants from other networks to join the ecosystem.

The tokenomics of MinoTari is intricately designed, allowing 70% of the initial XTM supply to be distributed directly to miners, promoting active participation in network security. A unique relationship exists between MinoTari (XTM) and the Tari token (XTR), where burning XTM can create XTR, thereby maintaining balance in the ecosystem. This model incentivizes miners and promotes a stable value of the tokens in circulation, establishing MinoTari as a robust financial system built for creators and builders within the digital space.