Token rewards are distributed off-chain every day to users who contribute to the network. Off-chain tokens can be transferred on-chain once per day for a maximum of 25,000 MINDS per transfer.Here is a summary of the differences between off-chain and on-chain:Off-chainOn-chainStored on Minds servers ...
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Gas fees have quickly become one of the biggest challenges for on-chain adoption and scalability. Excited to get to work with @skale this year and build solutions! #technology #blockchain #ethereum #mindstoken #skalenetwork
Social media companies have gained such power over content and its consumption over the last decade that it’s painfully clear that there’s a need for new alternatives. Whether it was the Cambridge Analytica scandal, recent revelations of Facebook execs blocking Turkish militants at the behest of the...
In order to interact with the Ethereum blockchain and the decentralized web, you must first create a web3 wallet and connect it to your Minds account.Step 1 If you already have a web3 wallet, skip ahead to step 2. If you do not, then it is easy to create one.Minds currently supports the following we...
MINDS tokens are used across the network in a number of different ways. Tokens can be purchased or earned through the daily reward program. a. Advertising / BoostingTokens can be used to purchase advertising impressions on the network through Boost. One token grants guaranteed views of your content ...
