A Fast And Secure Cryptocurrency
Melati is one of the beautiful flowers and has a fragrant smell. These characteristics symbolize strong simplicity and high allure. A philosophy that can describe a form of crypto-currency that is environmentally friendly and has good security.
Where i Can Download Melati Blockchain Software?
What is MELATI?
Melati (XMX) is a new fork from Chia. Melati was founded in July 2021 to develop an enhanced blockchain and smart transaction platform sourced from Chia. Unlike Chia, which has a premine of 21,000,000, Melati only has 300,000 premine for the development and continuity of the Melati project. Long story short, Melati is a new cryptocurrency that will transform the crypto world more green.
We are building the Melati Network to improve the global financial and payments system. Melati is the first enterprise-class digital money after Chia. Melati uses an algorithm built by Chia called Space and Time Proof, it was created by Bram Cohen, the best network protocol engineer and inventor of BitTorrent. Melatilisp is Melati’s new powerful, auditable and secure smart transaction programming language based on Chialisp. The smart transaction references available today are: atomic exchange, authorized payee, recoverable wallet, multisig wallet and limited rate wallet.
What make Melati Better?
Alongside with Chia, Melati has a new innovative Nakamoto consensus algorithm that removes the energy demands of Proof of Work from the system. Compared to Chia which has a lot of premine, Melati only needs relatively less premine and compared to other cryptocurrencies, Melati has significantly better security due to its more decentralized blockchain.
Melati is also adopting more modern cryptographic tools to enable richer smart transaction capabilities. Melati is taking a new and superior approach to funding, building, and supporting a blockchain via an eventually public, for-profit, open source development company that holds a pre-farm. Melati will use its pre-farm (Strategic Reserve) for the development and sustainability of the Melati project..
Can I farm Melati with my existing Chia™ plots?
Yes, existing Chia™ plots can be used to farm on the Melati Network. For the safety of your valuable private keys, we encourage you to audit the Melati source code (see the diff between Melati 0.1 and upstream Chia 1.1.7) before deciding to run Melati. If you are unable to evaluate the security of our changes, we recommend that you use separate private keys and plots to farm Melati.
What is the Melati Network strategy?
From several other cryptocurrencies and blockchain projects we believe that the blockchain industry is still lead by developers. We intend to implement new apps and services and be the only serious and safe choice for apps like sovereign-backed stable coins.
The Melati Network Business will be the first for-profit company to manage a pre-farm and we aim to be the first publicly traded cryptocurrency. We believe that we (Melati) will be a source of support and training as rulers, financial institutions, and companies want to use cryptocurrencies in day-to-day trading. Lastly, we believe that we will be able to leverage the storage ecosystem to drive adoption across enterprises and end users as hard drive manufacturers and storage server sellers are likely to incorporate space farming into their offerings.
What Is The Melati Community Developer Pool?
The project aims to award 100 Melati (XMX) each week as brownie points to developers of excellent contributions to the Chia and Melati ecosystems. This includes great work to plotter performance, dashboarding and monitoring tools, among other possible contributions. This doesn’t have strict criteria and will be driven by community demand (join our Discord!).
What Is The Value Of Melati (XMX)?
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 XMX 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 Melati.
Can I buy Melati today?
Yes. Melati now supports transactions, so the buying and selling of Melati is live, but currently Melati (XMX) is only traded on our Discord. In the dean’s time we believe that Melati will soon be traded on exchanges globally.
How can I buy Melati?
After transactions begin on the mainnet, Melati will be available for buying, selling, and trading on Discord an soon on most global exchanges from other Melati owners.
When will Melati launch mainnet?
The mainnet has now launched. You can install the Melati software and follow software development on our Github page.
What is Melati’s inflation?
After the Melati pre-farm, Melati offers farming rewards of 64 Melati every 10 minutes. Over the first 12 years the farming rewards will be halved at the end of each 3rd year. From year 13 to infinity, the rewards will remain constant at 4 Melati every 10 minutes leading to ever decreasing inflation rates. Melati’s inflation falls through the 0.50% rate 22 years after mainnet launch.
- Project Plan UpdateA large project should be accompanied by good planning anyway. We also agree with that. Melati should also make careful planning to build a good ecosystem. After going through a meeting of the developers, decided to make a huge plan to develop a Melati project. Master Plan A. August Introducing Melati Network on various social …
- Development RoadmapNow Melati Network has reached a capacity of more than 100PiB. We are very grateful to the community that has supported our project to date. We are very proud of this achievement. To make this project more focused, we announced a Development Roadmap for 2021 – 2022. 1. Main Network Launch (Q2 2021) In Q2 …
- Melati Mainnet is Live!A Fast and Secure Green Cryptocurrency Melati Network We are very excited to announce that the Melati Main Network is up and running and open to the public on July 22, 2021. We are moving towards an “Eco-Friendly Cryptocurrency”. Starting from the launch date, you can now farm Melati and download it using your OG …
- Welcome to Melati NetworkMelati is one of the beautiful flowers and has a fragrant smell.These characteristics symbolize strong simplicity and high allure.A philosophy that can describe a form of crypto-currency that is environmentally friendly and has good security. Melati (XMX) is a decentralized green cryptocurrency based on a proof-of-space-and-time consensus algorithm, without a 95% premine, built by a …