Tari Labs, a Layer 1 blockchain protocol development company, announced the launch of the Tari mainnet. Through the Tari Universe application, you can participate in cryptocurrency mining on your laptop or desktop. The simple and easy-to-use process greatly reduces the entry threshold of traditional cryptocurrency mining, thereby accelerating the mainstream application of cryptocurrency.
It is reported that Tari Labs has received support from Blockchain Capital, Pantera, CMT Digital, Slow Ventures, DV Chain and other leading investment institutions to further promote the development of Tari.
A convenient and safe way for individuals to participate in blockchain network mining
Tari’s cryptocurrency mining service has officially started with the Tari Universe app available for download on the official website for Mac and PC users. Once the app is installed, users can use their computer’s processing power to mine Tari tokens (XTM) and earn rewards. Every transaction on the Tari network is private by default, ensuring the security of users’ financial information without compromising ease of use.
In fact, there are still many pain points in the current cryptocurrency mining market. As Tari contributor Naveen Jain said, many mining entry protocols are as painful as root canal treatment, with cumbersome steps, including uploading a driver's license, dancing in front of a camera to prove that you are not a robot, or having a dystopian sphere scan your retina to get on the chain. In contrast, Tari plays the role of a revolutionary mining protocol, especially in terms of user experience, it is "far ahead" of its competitors. Users only need to know how to install the application to start cryptocurrency mining and earn Tari tokens in just a few minutes.
The Tari Universe application also visualizes the proof-of-work (PoW) process. Every time a miner mines a block, the user can get Tari tokens, which encourages miners to compete to "crack" the on-chain blocks to build the next layer of the Tari tower structure. In addition, Tari uses the RandomX hash algorithm to effectively resist ASIC attacks, ensuring that mining is feasible on consumer-grade hardware. Users can independently control the computing power used for mining and can pause or stop mining at any time with one click.
Tari Protocol Core: Confidentiality
Unlike public ledger systems, Tari uses the MimbleWimble blockchain architecture to make every on-chain transaction confidential by default, protecting balances and transaction histories from public viewing, ensuring the safety of users' financial data.
During the testnet phase, more than 700,000 users participated in the Tari airdrop program, and nearly 100,000 users used Tari Universe to participate in testnet mining, laying the foundation for the widespread deployment of applications after the mainnet is launched. With the official launch of the network, the Tari mainnet genesis block has completed mining and provided users with decentralized mining access rights. Data shows that at this stage, Tari miners currently mine for an average of more than four hours a day without the need for expensive or customized hardware. At the same time, Tari also has built-in safety measures for robots and mines to ensure that real mining users benefit first.
9DCC founder gmoney said: “Tari Universe is like a crypto product designed by Apple. This is the first time someone has built an on-chain mining service that anyone can use. No crypto experience is required. Just download the app, install it, and start mining.”
Paul Veradittakit, Managing Partner at Pantera Capital, added: “What excites Pantera Capital is Tari’s relentless focus on users. They have built a platform that balances privacy and accessibility, while combining strong confidentiality features with an intuitive one-click interface, lowering the barrier to entry for miners and enabling individuals to participate in the crypto economy.”
Overall, Tari is a high-reliability mining Layer 1 that integrates native Layer 2 scalability and fast finality, and is based on Rust proof-of-work. The mainnet release is just the beginning. In the future, it will also integrate a cross-chain transaction layer and a native app store. Developers can use the two-layer architecture to natively distribute applications to a growing user base.
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