Using Ethereum blockchain at the beginning, in parallel to it we are developing our own blockchain based on Sumus solutions. Initially, GOLD and MNTP will be ERC20 standard tokens managed by a smart contract downloaded to the Ethereum network.
After launching our own blockchain, we plan to perform a full migration of MNTP tokens from Ethereum. From that moment, all spread discounts and transactions of GOLD crypto assets will be available only in our own blockchain. At the same time, the circulation of crypto assets GOLD in the Ethereum blockchain will not be terminated.
MNTP ICO price is $7
Used as stake in GoldMint
High-speed transactions with less energy.
Increased security comparing to implementation of business logic in public smart contracts.
Ability to control the cost of transactions.
A digital asset managed by GoldMint
Of Real Gold
Price for 31,1034768 gr on the LBMA
Nodes that participate in reaching the consensus of the current block are randomly selected from the entire set of (N).
From this array (n), the master node is randomly selected, which is given the right to create the current block.
After generation by the master node, the block is verified by nodes (n) and is distributed through the remaining available network nodes.
Each node that receives a new block goes through its full validation. This means that for each transaction sender, a full check of all his transactions is done. Therefore, a double-waste error is excluded.
THIS ALGORITHM ALLOWS TO MINIMIZE THE ENERGY COSTS OF THE NETWORK PARTICIPANTS AND ENSURE HIGH THROUGHPUT.
THE NETWORK CAPACITY IS 10,000 TRANSACTIONS PER SECOND.
THE COMMISSION FOR PARTICIPATION IN THE PROCESS OF CREATING AND VALIDATING THE BLOCK IS PROPORTIONALLY DISTRIBUTED AMONG ALL HOLDERS OF MNTP TOKENS.