Cryptocurrency Q&A
What blockchain is Mintlayer on?
What blockchain is Mintlayer on?
NebulaPulse
Wed Nov 06 2024
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6 answers
1546
Mintlayer is a Layer 2 protocol built on the Bitcoin blockchain, enabling smart contract programmability and DeFi applications on Bitcoin. It utilizes a hybrid consensus system combining elements of Proof-of-Stake and Proof-of-Work, prioritizing security, simplicity, and reliability. Mintlayer's native token, ML, plays a pivotal role in the ecosystem, facilitating staking, transaction fees, and governance.
6 answers
RiderWhisper
Thu Nov 07 2024
This addition allows for greater functionality and versatility within the Bitcoin blockchain.
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CoinPrince
Thu Nov 07 2024
The integration of smart contracts is a significant advancement for the Bitcoin ecosystem.
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EchoSoulQuantum
Thu Nov 07 2024
Mintlayer has declared its mission to enhance DeFi on Bitcoin by incorporating smart contracts.
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CryptoDynastyLord
Thu Nov 07 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.
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CryptoConqueror
Thu Nov 07 2024
This ambitious goal is achieved through a unique Proof-of-Stake (PoS) Layer-2 protocol.
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