The first vote of Validators in the MinePlex 2.0 network The first vote of validators is taking place in the network of the new MinePlex 2.0 blockchain. Thanks to voting, the principle of decentralization is observed. This gives each member of the network to propose their own changes to improve the network. How is the voting going? - Quorum 1/3 - To make a decision, you need to gain 51% of the Quorum. - Right of Veto 1/3 If your Validator has made a decision with which you disagree, you can vote otherwise. Agenda for voting The following positions are considered at the voting: ✅Cancellation of penalties for Validators for missing block confirmations. ✅The minimum commission of Validators is 5%. ✅Deposit to create a proposal to change the network 100,000 MPX. Details can be found here:

app.mineplex.io

In April and May, the MinePlex team will be actively working on Explorer and its functionality. Among other things, a voting module will be added to ensure even more decentralized governance. We will publish the results of the voting upon its completion. Follow the news!

Returning PLEX to your personal account We have completed the technical work. All PLEX have been returned to their personal accounts. There is a limit on one PLEX withdrawal transaction: the maximum transaction amount is 25.000 PLEX. There are no limits on the number of operations. The conversion of PLEX into a new MPX coin has been opened. Welcome to the new blockchain!

What will happen to MINE and PLEX? Tokens don't disappear anywhere. They will be even more liquid. One of the new sources of liquidity for MINE and PLEX is the operation of a new blockchain and new coins. The company does not sell MPX, it can only be obtained for PLEX and XFI. The updated MinePlex.Finance will be launched in July. This will give huge liquidity to PLEX because it will be used utilitarily. Will I now need to create two wallets and two accounts for different blockchains? All tokens of the first blockchain and coins of the second blockchain are in the same MinePlex wallet. In Explorer, all transactions, awards, and so on are reflected for all tokens and coins. You don't need to create new wallets or accounts. Everything is in one place, as before. What will happen after the completion of the PLEX issue? After the last PLEX is mined, the company will open the possibility of exchanging MINE in PLEX. Then it will be possible to convert these PLEX to USDT or XFI. The work of the first blockchain will be stopped only when absolutely all tokens leave the market. If the tokens remain on hand or someone wants to develop the first blockchain, it will continue to work as before. Why two blockchains? We are not forcibly closing the first blockchain. The work of two blockchains will give greater liquidity and the opportunity for staking to users. Soon we will publish detailed tokenomics of the new blockchain. We are ready for a new stage of MinePlex development. Thank you for being with us!

Blockchain MinePlex 2.0. All the details you wanted to know Yesterday, Vladimir Rodinka, an expert on the MinePlex blockchain, and Alexander Mamasidikov, CEO of MinePlex, held an online webinar. They discussed how the new coins work, why we made a new blockchain, the functions of the new blockchain, how the first blockchain will work, and much more. Let's tell the main thing. Why the new blockchain? The main goal of MinePlex is the development of CrossFi technology. To do this, we are developing and bringing to market financial instruments that combine the banking sector and blockchain technology. The first MinePlex blockchain from the moment of launch met all the necessary parameters for solving problems. But for further development, we must move forward. MinePlex's strategy is to develop the sphere of decentralized finance, digital banking, and create in-demand products for users. Therefore, we took the best of the first blockchain and created a new, up-to-date and faster MinePlex 2.0 blockchain. “This is the right product. It is absolutely correctly made. We must not stand still and move forward to create new solutions and provide new useful products for users” Alexander Mamasidikov, CEO of MinePlex Advantages of the new blockchain MinePlex 2.0 is based on the Tendermint Core architecture. This is: - High throughput of up to 1 million operations per second at peak load, - Rewards are paid every block, once every 5 seconds, - The ability for users to create their own custom coins, - All coins of all blockchains in the ecosystem can be exchanged without bridges, - Instant inclusion of frozen MPX into operation. Why can we be confident in the new blockchain? Tendermint Core is one of the most stable and studied architectures. It is fast and easy to work with. The developers of MinePlex 2.0 are the strongest and most experienced specialists in the world. The MinePlex 2.0 blockchain is based on the work of two coins: MPX and XFI. This principle has proven itself well in the first version of the blockchain and allows you to receive rewards in XFI tokens for staking MPX tokens. The XFI coin, like PLEX, will be used in all products and services of the MinePlex ecosystem: Wallet, Finance, Payment, Marketplace and others. Why do I need MPX? MPX is a non-volatile token that is used as a payment for commissions on the network. The MPX coin can be purchased only for the PLEX token and the XFI coin in the personal account of our Collabor.Place. The exchange rate will depend on the value of PLEX and XFI on the exchanges. The cost of MPX is 0.01$. The economy and development strategy of the new MinePlex 2.0 blockchain is built in such a way that the average payback of the MPX coin is about 1 year. However, since the exchange rate of the XFI coin will be market, and it will be traded on exchanges, the payback and profitability of MPX can both decrease and increase. Why do I need XFI? XFI is a liquid asset that will be used and open access to all products of the MinePlex ecosystem together with the PLEX token. XFI is awarded for MPX staking. After listing in May, it will be available to buy on exchanges. The company's strategy throughout the entire XFI issue period will be aimed at 100% payback of MPX for the year. This is about 7% per month. This will be associated with marketing activities, the development of new technologies and their introduction into other ecosystems, the release of new products, partner collaborations, the expansion of the ecosystem and the geographical expansion of MinePlex. From April 10, it will be possible to convert XFI to MPX and to USDT. Why 7% per month for MPX token staking? This is an approximate cost. It is calculated based on the liquidity and payback of all MinePlex products. How are rewards awarded? Rewards in XFI tokens for MPX staking are awarded every block. But they are not a coin transaction to your address. There is no access to them until you withdraw the rewards. You can choose several validators for staking.