Focus on Privacy Protection: Tari Mainnet Officially Launched
The privacy-focused blockchain project Tari announced yesterday (May 6) that its mainnet has officially gone live. At the same time, Tari has opened its mining application, Tari Universe, allowing global users to download the app and participate in the mining activities of the $XTM token.
(Background: Ban on anonymous crypto accounts and privacy coins! The EU’s new anti-money laundering regulations will take effect in 2027, directly stifling Monero, Zcash, etc.)
(Additional Background: Vitalik: Privacy is the fundamental core in the AI era; one must understand the three dimensions of freedom, order, and progress.)
What is Tari?
According to official explanations, Tari is a Layer 1 blockchain protocol focused on privacy protection and user-friendliness, aiming to make cryptocurrency mining and usage simpler and more accessible. Tari’s goal is to create a new financial system that “empowers builders and creators,” emphasizing open-source, simplicity, and security.
Tari was founded by early contributors to the well-known privacy protocol Monero, Naveen Jain and Riccardo Spagni (fluffypony), inspired by Bitcoin’s idea that anyone can participate in mining and receive rewards using a personal computer. Tari Labs is the main organization driving the development of Tari.
In terms of financing, Tari has gained support from multiple well-known investors, including Blockchain Capital, Pantera, CMT Digital, Slow Ventures, and DV Chain.
Technical Features of Tari:
- Privacy Protection: Tari adopts the Mimblewimble protocol, hiding transaction amounts and participant addresses to ensure users’ financial data is not disclosed, continuing Monero’s privacy philosophy while further optimizing the user experience.
- ASIC Resistance: Tari uses the RandomX hashing algorithm, designed to be resistant to ASIC (Application-Specific Integrated Circuit) mining, allowing ordinary users to participate in mining using personal devices, thus lowering the entry barrier.
- Proof of Work (PoW): Tari is a proof-of-work blockchain that has technical ties to Monero but positions itself as an independent Layer 1 blockchain, emphasizing decentralization and fairness.
- Gamified Mining: The Tari Universe application visualizes the mining process, allowing users to feel as if they are “building a blockchain tower,” enhancing the fun of participation.
How to Participate in $XTM Mining?
The main way to participate in $XTM mining is through the Tari Universe application. Interested users can refer to the following steps:
- Download the Application: Visit the official Tari website to download the Tari Universe application for Mac or Windows.
- Set Up Wallet: First-time users need to create a new wallet, and the system will generate a Recovery Phrase. Please keep it safe for wallet recovery.
- Choose Mining Mode: Tari Universe offers “Ludicrous Mode” and “ECO Mode,” allowing users to adjust mining intensity based on computer performance and pause or stop at any time.
- Start Mining: Click the “Start Mining” button, and the computer will begin contributing computing power to participate in mining and earn $XTM tokens. The application’s visual interface will show your progress in “building” the blockchain tower.
It is worth noting that the $XTM token has not yet been listed for trading on any public exchanges. Tari’s officials stated that the first 15 days following the mainnet launch would be a network stabilization period during which the token can only be used within Tari Universe and cannot be traded in external markets.
The officials also particularly remind investors that any unofficial claims of providing $XTM trading could be scams. Please do not trust counterfeit websites or third-party platforms.
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