MINE Network — Going Open-Source

MINE Network
3 min readNov 2, 2021

It is resilient and anti-fragile because it is open and permissionless and because it forever travels on the verge between order and chaos, where true innovation lies.

Today we share with great pleasure that we have pushed MINE Network to such a place, to which all crypto projects should belong.

MINE Network is now officially going Open-Source.

With this announcement, MINE Network now is officially an open-source software whose codes are designed to be publicly accessible — anyone can see, modify, and distribute the code as they see fit.

In some way, we are destined because of our genes. Since day one, we have been developing this project in a decentralized and collaborative way, relying on individual effort, different thinking patterns, peer review, and community production, which all allow us to achieve many milestones in a more cost-effective and flexible way.

When judging from history, we can tell such projects usually enjoy more longevity than their proprietary peers precisely because they are developed by communities rather than a single author or company. To say the least, we are proud of the way we work.

Of course, this is not the destination. Rather, it is a better timing to revisit our mission:

We are here to build the First Decentralized Multichain Hashrate Token Protocol that solves the liquidity problem of miners on chains like Bitcoin, Litecoin, Ethereum, and Filecoin. MINE Network will standardize the mining power from different mining pools for various mining projects and issue hashrate tokens. Every hashrate token is a synthetic token that represents the mining power of a unique mining blockchain and is also collateralized by standardized mining power.

Now, the following lists the latest developments of MINE Network’s technical work.

To view more details, please go to: https://github.com/Mine-Blockchain

Public Code Repos

Subgraph-public: https://github.com/Mine-Blockchain/subgraph-public

Contracts-public: https://github.com/Mine-Blockchain/contracts-public

Private Code Repos

Polkamine-Contract : Smart contract repository (private)

polkamine-subgraph : Subgraph repository (private)

token-distributor : Backend repository (private)

polkamine-frontend : Frontend repository (private)

Thank you!

Our sincerest gratitude once again goes out to the lovely people who have supported us throughout our various early stages. We are looking forward to continuing our work with you to revolutionize the mining industry.

About MINE Network:

MINE Network is the First Decentralized Multichain Hashrate Token Protocol that solves the liquidity problem of miners on chains like Bitcoin, Litecoin, Ethereum, and Filecoin. MINE Network will standardize the mining power from different mining pools for different mining projects and issue hashrate tokens. Every hashrate token is a synthetic token that represents the mining power of a unique mining blockchain and is also collateralized by standardized mining power.

MINE Network will also use Substrate’s OCW off-chain oracle workers to monitor the on-chain revenue data of different mining projects in real-time and upload revenue information to ensure that the information is open and transparent for miners.

MINE Network Resources — Socials — Contact

Whitepaper | One Pager | Marketing Deck |Website | Wiki | Medium
Twitter | Telegram |Email

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