Minter is a blockchain network based on the Tendermint engine. It uses a DPoS (Delegated Proof of Stake) consensus mechanism that allows for conducting near instant (up to 5sec.) cryptocurrency transactions and creating project coins with algorithmic price discovery.

The BIP is a cryptocurrency created and developed to work within the Minter blockchain. It will serve the users as a medium of value exchange and the reserve currency for all of the other coins issued in the network, providing for instant and absolute liquidity. The BIP tokens will be mineable and can be exchanged for other coins issued in the Minter network and major cryptocurrencies.