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.