Mint (XKM) is a green and decentralized cryptocurrency, designed to work as a medium of exchange that empowers everyone in the community to farm based on the Proof of Space and Time (PoST) consensus algorithm of the Chia™ Network.

What is Mint?

Mint is a direct fork of the Chia™ Network codebase built by space farmers as a fully decentralized alternative green cryptocurrency that can be secured alongside Chia™ while consuming negligible additional power.

We aim to be a community-driven fork reflecting the will of our users, while promoting and recognizing excellent contributions to the Chia and Mint user communities. Mint is not affiliated with Chia Network, Inc., but builds on their great open-source work.

What is your technology?

Right now, we do not make any changes to the Chia™ Network consensus protocol [1] [2], and we plan to closely follow the upstream project's major release for new key feature and bug fix.

Can I farm Mint with my existing Chia™ plots?

Yes, existing Chia™ plots can be used to farm on the Mint Network. For the safety of your valuable private keys, we encourage you to audit the Mint source code (see the diff between Mint v0.2.11 and upstream Chia 1.2.11) before deciding to run Mint. If you are unable to evaluate the security of our changes, we recommend that you use separate private keys and plots to farm Mint.

What is Mint's emission schedule?

Mint operates with 2x higher emission schedule as Chia™, where 4 XKM will be minted per block targeting 4,608 blocks per day for the chain's first 3 years, halving every 3 years until reaching 0.25 XKM per block. Mint has a transparent developer premine of 21,000,000 XKM to reward community contributions to Mint and Chia™, and to support development and cloud infrastructure cost.

XKM Per Block Per Year Total
Year 1-3 4 6,727,680 20,183,040
Year 4-6 2 3,363,840 30,274,560
Year 7-9 1 1,681,920 35,320,320
Year 10-12 0.5 840,960 36,161,280
Year 13+ 0.25 420,480 37,422,720+

What is the value of Mint (XKM)?

Cryptocurrency has no intrinsic value. Its value doesn't come from any person or corporate entity but from broad community support as well as supply and demand. We aim to build a great community by users for users. The value of XKM is currently unknown without an exchange listing, and you should treat it as worthless internet brownie points in the most probable case. Please don't buy new hardware to farm Mint.

Why is Mint better than Bitcoin?

Fully decentralized. It is completely decentralized because everybody can farm Mint tokens with no significant investment and specialized equipment. On the other hand, Bitcoin can be only mined by specialized ASIC chips that have an extremely high energy consumption and require you to make a significant investment. Thus, the majority of Bitcoin hash power is currently concentrated into mining farms with lots of financial resources and access to cheap electricity.

More eco-friendly and sustainable. The Proof of Space and Proof of Time (PoST) algorithm by definition requires much less energy than Proof of Work (PoW) to achieve the same level of security. Additionally, to mine Bitcoin you need to purchase hardware that cannot be used for anything else, which also increases Bitcoin's ecological footprint.

Faster and cheaper transactions. The Bitcoin network has generally low capacity and blocks are found only every 10 minutes. Therefore, confirmation times are slow while transaction fees are high. This is opposed to Mint's blockchain which is much more energy-efficient and finds a new block every 18.75 seconds.

Node information

Mint should automatically connect to the network, facilitated by WebSocket and DNS-based introducers, but for your reference, here are some nodes that we are running for the network to help you connect. Mint's main network port is TCP 29222. Check out our Discord for more guidance.

Node type Node address Port
DNS introducer dns-introducer.mintnet.work (DNS)
WebSocket introducer introducer.mintnet.work 29222
Full node node-1.mintnet.work 29222
Full node node-2.mintnet.work 29222
Full node node-3.mintnet.work 29222
Full node node-4.mintnet.work 29222
Full node node-5.mintnet.work 29222

Download

Installers are provided for your convenience (view the Mint v0.2.11 release on GitHub).

Operating System Installer
Windows Windows EXE installer
Debian / Ubuntu Linux DEB installer
Fedora / CentOS Linux RPM installer
macOS macOS DMG installer

Note: at this stage, our macOS binaries are not yet signed by an Apple certificate, so you will need to use the workaround here to run Mint on macOS. This will be fixed in the future.