A new blockchain named Tari has been launched by former Monero developers, prioritizing privacy, easy mining, and a better user experience. This blockchain allows mining on any Mac or PC, and the user’s balance remains completely private while mining.
Tari’s main app is Tari Universe, which turns mining into a visual and interactive experience. This app provides real-time feedback, a power usage slider, and one-click tools for CPU control, so that anyone can easily control their mining. Along with its news, if you want to know in detail what Monero is, then you can learn by clicking on this link.
Tari Universe is making mining easier
According to the Tari team, “Tari Universe turns your computer into a money machine.” The app uses your computer’s computational power to solve blocks on the Tari Network and is rewarded with XTM tokens.
Mining in this network is divided into two parts:
- Standalone mining using the SHA3x algorithm
- Merged Mining by RandomX Algorithm
Token Supply and Distribution
Tari’s total token supply is set at 21 billion XTM. Of this, 30% is pre-mined while the remaining 70% (14.7 billion) will be available through mining. XTM rewards will gradually decrease with each block. Also, a 1% tail emission is set to keep mining profitable even after the next 12 years. The distribution of pre-mined tokens is as follows:
- Infrastructure: 9%
- Community Programs: 5%
- Contributors: 4%
- Early participants: 12%
A long vesting period has been kept for this, which will start 6 to 12 months after the mainnet launch.
XTM and XTR, a dual-token system
Tari Network has two token systems, viz.
- XTM: What powers the base layer (Minotari)
- XTR: which works on the second layer (Ootle)
Users can mint XTR by burning XTM in a 1:1 ratio. This uses a throttle mechanism that adjusts the minting cost based on demand. The fees burned during user activity also help balance the token supply. This balance between XTM and XTR will strengthen over time, however, its true usage pattern will only become clear over time.
Tari Blockchain targets users looking for an easy and private mining experience. Created by expert developers from Monero, the network prioritizes privacy and promotes user engagement through its dual-token model and innovative Tari Universe app. Tari offers crypto miners a new, interactive, and secure platform.
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