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Cryptocurrency News Articles

The developers behind the Monero blockchain and its XMR privacy coinhave created a new first-level blockchain protocol, Tari

May 08, 2025 at 06:36 am

The developers behind the Monero blockchain and its XMR privacy coinhave created a new first-level blockchain protocol, Tari

The Tari cryptocurrency project, known for its privacy features and link to the Monero coin, has launched its first-level blockchain protocol. To celebrate the launch of the Tari Mainnet, the developers have released the Tari Universe application, making cryptocurrency mining fast, private, and accessible to anyone with a Mac or Windows PC.

As announced by the project, anyone can download the Tari Universe app from the official website, install it, and start receiving rewards by using their computer’s processing power to mine XTM tokens.

Every transaction on the Tari network is confidential by default, which guarantees the security of users’ financial information.

The Tari Universe application gamifies the process of mining, visualizing the proof-of-work process as building a tower. For each block mined, users earn XTM tokens.

The RandomX Tari hashing algorithm is designed to be ASIC-resistant, ensuring that mining remains accessible to consumer-grade hardware. Users can easily control how much computing power is allocated to mining and pause the process at any time with a single click.

During the test phase, more than 700 thousand users participated in the Tari airdrop program, and almost 100 thousand of them mined Tari on the test network using Tari Universe.

Tari’s issuance model starts with a supply of 21 billion XTM, of which 30% is premined, according to the official website. The rest — 14.7 billion tokens — are reserved for public mining, with rewards that gradually decrease on a block-by-block basis. A 1% tail issue provides ongoing incentives for miners after the first 12 years.

The pre-mine portion is split between infrastructure (9%), community programs (5%), contributors (4%), and early adopters (12%), with long maintenance periods starting 6–12 months after the main network is launched.

The network uses a two-token system: XTM powers the underlying layer (called Minotari), while XTR runs on the second layer (Ootle). Users can burn XTM in a 1:1 ratio to mint XTR through the dynamic Throttle mechanism, which adjusts the minting cost based on demand. The fees burned during activity help manage supply. The balance between XTM and XTR is designed to become closer over time.

Original source:itc

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