A beginner's guide to tokenization part II

Jun 21, 2021
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           Now that you know more about what MintMe is about, I would like to invite you to join, not a project, but a vision and idea with the potential of a lifetime and make the best out of it. One way of getting started is knowing what are the requirements to be part of it, and putting it simply: to join MintMe you only need two things, disposition and internet connection. It means that basically anyone can get started and I want to help you learn two of the most basic parts of MintMe: mining and the creation of a wallet.

MintMe mining

          There are two ways in which you can obtain MINTME coins. The first and faster way is buying it directly on the exchange, and the second is mining it.

Coinimp.com is one of the most popular JavaScript mining services. Usually, when it comes to cryptocurrency, things are too technically demanding for ordinary people. But CoinIMP offers people a truly free experience with the minimum effort. Its platform make it easy for anyone to register and start mining right away. Because CoinIMP is familiar to use, anyone could start it without knowing anything about cryptocurrencies.

This is one of the greatest advantages of mining MINTME coins through CoinIMP. The only thing you need to do is go to: CoinIMP.com, fill in the requested information, email, and password, to create your own personal account. CoinIMP is a trustable platform, and you can also increase your account's security by enabling Two-Factor Authentication (2FA) the second step is to visit the dashboard page and click “start mining”.

That's right! in that step you are already mining! but why leave it there? CoinIMP is an Easy-to-embed JavaScript miner that offers you a transparent alternative to ads while your site visitors provide CPU power in exchange for enjoying your content and tools. Its main purpose is to help people monetize any website while also providing better features to users such as advertisement removal.

Aside from CoinIMP the javascript miner it is possible to mine MINTME through its own miner/application. Here you can follow the precise instructions to do it:Start Mining. You must know that mining doesn't need any financial investment, just computer resources. It means you don’t have to pay for anything, but the more computer power you have the more you will be able to mine.

MintMe Wallet

          Now, just as any other coin it must be saved somewhere after you have purchased it or mined it. A wallet is essentially a bank account where your cryptocurrencies are kept. Your wallet can allow you to save your coins outside the exchange securely.

There is a difference between what we call a “wallet” and a wallet “address” even though it's commonly mistaken as the same. A wallet may be the application created which you can use to generate your address and then have access to it to watch your transactions and balance. Strictly speaking, your coins are saved in your own personal wallet address in connection to the blockchain and not inside the app.

There are different ways to have the wallet application: there are usually desktop versions, mobile versions, and web versions. Usually, all of them can allow you to generate an address and have access to it.

In the case of the MINTME wallet, there are two available versions of the GUI wallet: desktop (find it here:MintMe Wallet) and Web which can be accessed through your favorite browser (find it here:MintMe Wallet) both of them have their own unique ways to be set up, yet they both offer you the possibilities of accessing your address and be able to check your MINTME coins and tokens balance as well as making transactions, anywhere you go.

There are two very important things to know before getting a wallet:

-Public Cryptographic Key:your account number. Similar to how someone would send money to your bank account via your account number, your public cryptographic key is the information you give to someone to receive cryptos.

-Private Cryptographic Key:the key that allows you to spend your MINTME and other cryptocurrencies. You have to guard this with your life. If someone has access to it, they can transfer your money and steal from you. Because there is no way to ask for a “reset my password” since nobody but you have the unique password to access your wallet.

Also, as additional information, there are Hard wallets. A hard wallet is essentially a USB that allows users to store their cryptographic keys offline and off of exchanges. Your cryptographic key only lives on your hard wallet and is impossible to hack (unless someone physically steals your hard wallet). Hard wallets are so secure that there are countless stories of people carelessly misplacing a hard wallet full of cryptos and never being able to recover thousands, hundreds of thousands, or millions of coins. You gotta be careful!

Some users opt to use a “paper wallet,” which is essentially your cryptographic keys on a piece of paper stored somewhere safe like a bank vault. Although paper wallets are not recommended, they can be done either by an online key generator (not recommended due to threats of malware) or handwritten. But as expected they are very fragile as a piece of paper can get old and decay, unless you make periodic changes.

All of these options are a subject of consideration for you, and everything should be done carefully. Nobody should choose what is best for you but yourself when it comes to cryptocurrencies. But this guide it’s a fair way to start!

Mary Schwartz