 | Mintlayer (ML)ICO Mintlayer is a protocol focused on developing a decentralized finance (DeFi) ecosystem that leverages the Bitcoin and Lightning Network. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Mintlayer
Mintlayer USP - Atomic Swaps
While other projects are trying to enable DeFi on Bitcoin, Mintlayer is the only protocol that enables direct 1:1 swap of Native Bitcoin for other tokenized assets Minted directly on Mintlayer. With these atomic swaps on Mintlayer, there are no intermediaries, peg-in, wrapped or federated tokens. No other project has approached asset swaps in this manner, and it enables users to use native Bitcoin for financial instruments without counterparty or intermediary risk.
Decentralization
Mintlayer has eased the process of running a node so resource efficient that almost anyone with a typical desktop computer can run a node. This makes it easier for more users to run a node and helps to create a more decentralized network.
Privacy
Privacy has been at the forefront of development at Mintlayer, which is creating a new tokenization standard called MLS-02. These “privacy enabled” tokens will increase privacy by allowing users of MLS-02 tokens to make confidential transactions and increase anonymity.
Scalability
Mintlayer solves blockchain scalability by shrinking the transaction size by about 70%. On top of this, Mintlayer also utilizes the Lightning Network for near-instant and low-cost transactions with high throughput.
Additional Features
- Unlike Ethereum, users can choose any token to pay transaction fees.
- With Turing incomplete smart contracts, Mintlayer reduces the risk of contract failure and increases outcome predictability. This feature also reduces on-chain congestion.
- It has an access control list or Access control list (ACL) for improved compliance with security tokens such as whitelisting/blacklisting addresses and such functionalities.
- With multi-token transfers in a single transaction, Mintlayer makes aggregated payments a reality.
- By integrating the Lightning Network, Mintlayer users will enjoy high transactions per second to enable fast transactions.
- This project also has programmable pools for efficient tokenomics and evading Unspent Transaction Output (UTXO) pollution.
DetailsPre-sales: May 23, 2021 - May 24, 2021Token supply: 400,000,000 ML Raised: 5,200,000 USD LegalRegistration country: San MarinoRegistration year: 2020 Office address: P.zza E. Enriquez 22/C Repubblica di San Marino | Token infoTicker: MLType: Utility-token Token price in USD: 1 MLT = 0.25 USD Accepted currencies: USDT Token distribution: Pre Seed Sale - 0.63% Seed Sale - 13.65% Fair Launch - 1.58% Initial DEX Offering - 1.5% Marketing & Listing - 16,25% Protocol Development - 16.25% Community Incentives - 5% Company Reserve - 32.65% Team & Advisors - 12.5% |
Mintlayer Roadmap
Mintlayer idea is born
Dynamic Slot Allotment (DSA) Conceptualization
DSA Testing and Prototyping
Mintlayer DEX prototyping
Implementation of UTXO and BLS on Substrate
Testnet fullnode with basic PoS consensus
Launch of “Von Neumann” Testnet
New node codebase to replace Substrate started
Mobile wallet version (Bitcoin enabled)
Mobile wallet support for Bitcoin Lightning Network
Library for the node database
Token Generation Event
Launch of “Lovelace“ testnet
Fullnode release candidate for Linux, Windows, Mac
MLS-01 and MLS-03 standards in testnet
Mainnet launch
DSA Consensus System v.0
Wallet integration of ML and MLS tokens
Basic Atomic Swap system
Free gas market for transactions
WebAssembly Programmable Pools
Access Control List for MLS-01
Atomic Swap DEX with Distributed Hash Table
Lightning Network Integration
MLS-02 Confidential Transactions
Project team
Advisors
Social media
MVP
