Mintlayer is a layer 2 solution that empowers users to create a decentralized finance ecosystem on the Bitcoin blockchain network. This opens up a world of possibilities for Bitcoin, including DeFi, smart contracts, atomic swaps, NFTs, and DApps.
Mintlayer is a unique blockchain platform that provides several advantages over Ethereum. For instance, users can choose any token to pay transaction fees, which is a significant advantage. Additionally, with Turing incomplete smart contracts, Mintlayer reduces the risk of contract failure and increases outcome predictability. This feature also reduces on-chain congestion.
Mintlayer also has an Access Control List (ACL) for improved compliance with security tokens, such as whitelisting/blacklisting addresses and similar functionalities. With multi-token transfers in a single transaction, Mintlayer makes aggregated payments a reality. By integrating the Lightning Network, Mintlayer users can enjoy high transactions per second, enabling fast transactions.
Finally, Mintlayer's programmable pools allow for efficient tokenomics and help avoid Unspent Transaction Output (UTXO) pollution. All of these features make Mintlayer an exciting and promising project with significant potential.
ML has a total supply of 400,000,000. The current circulating supply of ML is 64,198,610.
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