Minerals: Innovation at its Finest?
Minerals is a coin with the X11 algorithm and a total of 30 million PoW coins. The PoW phase lasts 7 days, and afterwards, PoS begins with an interest rate of 5%. Other than this, something very important is the lack of a premine or IPO which I find to be a good thing. The big thing that catches my eye about Minerals is the lack of a premine, even more so considering how much the developers have done in order to push innovation into the coin. A quote from the announcement thread regarding the dev’s interest: “The dev team will have the interest in the coin, in its further development and....
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The Australian government has made two grants of up to $3 million available to blockchain teams targeting minerals certification and excise taxation solutions. The Australian government has opened applications for grants up to $3 million each in funding to blockchain projects targeting supply chain tracking in the minerals industry and tax tracking in the food and beverage sector.Applications are open until April 29, with any sole trader, partnership, publicly-funded research organization, or entity incorporated in Australia that possesses an Australian Business Number eligible to....
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