Focus on Privacy Protection: Tari’s Mainnet Officially Launched
The blockchain project Tari, which focuses on privacy protection, 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 application and participate in the mining activities of the $XTM token.
(Background: New EU anti-money laundering regulations prohibiting anonymous crypto accounts and privacy coins will take effect in 2027, directly impacting Monero, Zcash, etc.)
(Further context: 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 statements, Tari is a Layer 1 blockchain protocol focused on privacy protection and user-friendliness, aimed at simplifying and popularizing cryptocurrency mining and usage. 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 notable early contributors to the privacy protocol Monero, Naveen Jain and Riccardo Spagni (fluffypony), who were inspired by Bitcoin’s model, where anyone can participate in mining and earn rewards using personal computers. Tari Labs is the main organization driving the development of Tari.
In terms of funding, Tari has secured support from several well-known investors, including Blockchain Capital, Pantera, CMT Digital, Slow Ventures, and DV Chain.
Technical Features of Tari:
- Privacy Protection: Tari employs the Mimblewimble protocol to obscure transaction amounts and participant addresses, ensuring users’ financial data remains private while continuing Monero’s privacy philosophy and enhancing the user experience.
- ASIC Resistance: Tari uses the RandomX hashing algorithm, designed to be ASIC-resistant (against specialized mining equipment), allowing ordinary users to participate in mining with personal devices, thus lowering the entry barrier.
- Proof of Work (PoW): Tari operates as a Proof of Work blockchain, technically connected to Monero but positioned 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 enjoyment of participation.
How to Participate in $XTM Mining?
The primary 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 a wallet: First-time users need to create a new wallet, and the system will generate a Recovery Phrase. Please keep this safe for wallet recovery.
- Select mining mode: Tari Universe offers “Ludicrous Mode” and “ECO Mode,” allowing users to adjust mining intensity based on computer performance and to 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 visualization interface will show your progress in “building” the blockchain tower.
It is worth noting that the $XTM token is currently not listed on any public exchanges. The official Tari statement indicates that the first 15 days after the mainnet launch will be a network stabilization period, during which tokens can only be used within Tari Universe and cannot be traded on external markets.
The official also specially reminds investors that any unofficial claims of $XTM trading may be scams, and to beware of counterfeit websites or third-party platforms.
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