MIST: Mineable SLP Token
Mist is an SLP token that can be generated by proof-of-work mining and is governed by a simple, but novel, Bitcoin script. The script is a stateless covenant contract that provides validation for an acceptable mining solution and a scheduled mining reward amount. A constant proof-of-work difficulty requirement coupled with `OP_CHECKLOCKTIMEVERIFY` keeps Mist synchronized with the underlying blockchain block height. As far as we are aware, Mist is the first fully autonomous, decentralized, mineable token built on Bitcoin. Learn more and download: https://mistcoin.org/ https://simpleledger.info/token/d6876f0fce603be43f15d34348bb1de1a8d688e1152596543da033a060cff798
16 comments
This is very informative but I don't know what is SLP, though. Can you explain to me what it is?
https://simpleledger.cash "Storing and managing tokens on a blockchain provides greater transparency and integrity than traditional forms of asset accounting and trading. Virtual gaming assets, licenses, digital media rights, gift cards, and company stock shares can all be tokenized. Tokens can also be traded peer-to-peer without any middleman, allowing for a new kind of decentralized digital marketplace. Simple Ledger Protocol makes this vision a reality by providing the simplest, fastest, and most liberating token system in existence. SLP tokens can easily be created, traded, and managed on the Bitcoin Cash blockchain within seconds; costing the user only fractions of a penny for each transaction."
Wow it's very nice according to your comment and post. Thanks :))
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Can you write on how we can start
What do you do after you download the zip file? I'm not very well versed with computers so if you don't mind a little direction would be very helpful!
You must install Node.js and follow the instructions
We created a mining group @ https://t.me/Mistmining if you want to join. This group is open for anybody who is interested in mining MIST. We have created a guide for Mac/linux and have a decent guide for windows.
This is as much of an innovation as Bitcoin itself.
simpleledger:qpq5g3zwnan54xkjtfnk9tjdfudkcgr06ujeg9kp29 Can I have some mist too?
We created a mining group @ https://t.me/Mistmining if you want to join. This group is open for anybody who is interested in mining MIST. We translated this guide into specific guides for mac/linux and even windows. We have several users mining now that can help. We should be creating a FAQ on typical errors and problems within mining.
How much for 20k Mist?
I'll give you 2 pizzas for 20k mist. JT as escrow.
Wow