MinoTari (Token Symbol WXTM) is the core Layer 1 token in the Tari Blockchain ecosystem that supports the security of the entire protocol. Tari is committed to building a financial infrastructure that is participatory, decentralized, and sustainable for everyone, with its simple and secure mining method and dual-layer network design attracting a variety of users to participate.
Tari ecosystem and core Token
MinoTari is the foundational layer token of the Tari network, combined with the easy-to-use mining software Tari Universe designed specifically for regular computers, lowering the technical barrier so that any user can participate in network security maintenance and earn WXTM rewards. This blockchain is driven by an open-source community, emphasizing transparency and ecological co-construction.
Dual-layer architecture and consensus mechanism
Tari adopts a dual-layer structure:
Layer 1 (Minotari Network) adopts a dual algorithm PoW Mining to ensure security, supported by independent SHA3x miners and compatible miners using RandomX.
Layer 2 (Ootle Network) supports the operation of various DApps and economic activities, allowing for a 1:1 exchange of tokens for internal network tokens through token burning, thereby forming an economic connection between the two-layer ecosystem.
Token Issuance and Economic Model
The total supply of WXTM is 21 billion coins, with a continuously released exponential decay method. The initial release is relatively fast, and in the later stage, a 1% annual tail supply ensures long-term incentives. The token distribution includes 70% for rewarding miners and 30% for ecological construction, community cultivation, and market promotion.
Turbine Token Burning Model
To maintain the economic balance of the network, Tari adopts the Turbine model, where users burn Layer 1 tokens in Layer 2 activities to exchange for corresponding tokens. A portion of the transaction fees is used for token burning to prevent over-issuance and inflation.
Future Outlook and Summary
In the context of the dominance of PoS and the proliferation of airdrops, Tari reinterprets the spirit of Blockchain with fair Mining and transparent governance. MinoTari (WXTM) is not only a representative of the new generation PoW protocol but also an innovation in public chains centered on user participation and community collaboration.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
