A team of former Monero developers has introduced Tari, a new privacy-focused layer-1 blockchain designed to make crypto mining accessible and engaging for everyday users. Tari aims to combine robust privacy features with a user-friendly mining experience, allowing anyone with a Mac or PC to mine its native cryptocurrency, XTM, while keeping transaction data confidential by default.
Tari’s flagship application, Tari Universe, transforms mining into an interactive and visually appealing process. The app provides real-time feedback on mining performance, including power usage controls and easy-to-use sliders that let users pause or adjust CPU usage with a single click. This approach lowers the barrier for newcomers and casual miners, fostering a community-driven network.
Mining on Tari employs a dual-algorithm system, splitting work between SHA3x and RandomX. Block rewards are evenly distributed between standalone miners and those who merge mine Tari alongside other blockchains, ensuring fair incentives for diverse participants.
Tari’s total supply starts at 21 billion XTM tokens, with 30% pre-mined for infrastructure, community programs, contributors, and early supporters. The remaining 14.7 billion tokens are allocated for public mining, with a gradual reduction in block rewards over time. To maintain miner motivation beyond the initial 12 years, Tari implements a 1% tail emission.
The pre-mined tokens are vested over long periods, beginning six to twelve months after the mainnet launch, ensuring sustained development and community growth.
Tari employs a dual-token system: XTM for the Minotari base layer and XTR for the Ootle second layer. Users can convert XTM to XTR at a 1:1 ratio via a demand-based “Throttle.” Transaction fees are burned to manage supply. This design intends to balance utility and scarcity, pending real-world validation.
Since its announcement, Tari has attracted over 700,000 participants through its airdrop campaigns, signalling strong community interest. By combining privacy, accessible mining, and innovative tokenomics, Tari hopes to carve out a niche in the competitive blockchain landscape.
Meanwhile, MEXC plans to invest $300 million to foster blockchain innovation. The goal is to expand MEXC’s role beyond trading into a comprehensive platform supporting early-stage technology, public blockchains, and other Web3 tools.
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