MIR Token Whitepaper

The Basic Problem

Today as yesterday, financial transactions in the banking system encounter enormous difficulties including systemic segmentation and isolation, the heaviness of transfer costs, and the non-availability of liquidity from certain amounts and according to the banks. Even more now, since Covid-19, it has become more and more common to use the means of digital transactions. Thus, the most digitized banks are increasingly in demand and efficient except for three details: Transactions from one bank to another take a long time, they are expensive; and sometimes when they drag, it is almost impossible to track at what level of evolution the transaction is, both for the Sender and for the Receiver. All this is even worse when it comes to Africa.

The Basic Solution

Thanks to the innovation of Blockchain technology, transactions become instantaneous, less expensive and traceable. In addition, the security of Blockchain transactions and its particular register make it the greatest feat of value transfer known to date.

The Second Problem

One of the main difficulties, which central banks will come up against when they finally decide to get started, is the gradual increase in the weight of Blockchain in time. Indeed, it turns out that the more Blockchains are used, the heavier they become over time. This is the case of the Bitcoin Blockchain, the speed of issuance of which has been reduced considerably in ten years. Not without taking into account its mining costs which have become increasingly insignificant, for increasingly complex algorithms. Also other Blockchain models have emerged, offering a total pre-mining, but fairly quickly suffering from the same problem of weighting down in the medium term. All this does not serve the banking sector any more at the moment when it decides today to tackle it.

The Great Solution

MIR is a Token to finance the future of the Blockchain, an optimization model of two types:

• Blockchains that will be able to carry billions of transactions per day without the constraint of a drop in performance, thanks to new types of servers already in development.
• Algorithms that make it possible to reverse the burden of Blockchain, thanks to new types of coding and language of micro compression of information on Blockchain.

All the results of this work will be primarily dedicated to the banking sector and made available to them in open source. Then, they can be used by Blockchain operators around the world, while revolutionizing what today seems to be a global innovation, the Blockchain itself. Thus the two solutions, new types of high-performance servers combined with the new micro compression language, will give us access to a Blockchain 100 times more powerful than anything we know to date. This will give Africa via Russia a stroke of genius over the world, in a partnership that will make it the first users with closed ears.

How to Participate?

You can immediately take part in this technological explosion, by obtaining MCFs on https://mir-token.net in private sale, on Pancakeswap or Trustwallet and by adding the Token with the following parameters:

A staking reward option is available on exchange from August 15, 2022. We will communicate via our twitter account as well as our newsletter.

Tokenomics

Our token goal at the end of the course is that there are only 2,500,000,000 MIR We will start burning as soon as the asset reaches:

• $0.05 of value we will burn 25% of the tokens
• 0.1$ of value we will burn 25%
• 0.5 of value we will burn another 25% so that 2,500,000,000 Tokens remain.

Distribution Token:

• The State: 25%
• The team: 5%
• Liquidity for Russian banks: 25%
• Population: 15%
• African partner banks: 25%
• Marketing: 5%

Roadmap

• 1
  August 05, 2022: Start of private sales
• 2
  October 2022: end of private sales.
• 3
  November 05, 2022: Public sales.
• 4
  February 2023: Presentation of the first Ultra-server model and made available to the government.
• 5
  April 2023: Presentation of version 2 Ultra server.
• 6
  June 2023: Private presentation and experimentation of the first version of the Blockchain information micro compression algorithm protocol and deployment among partners.

Other Token Use Cases

The MIR Token is supported by a team of private developers working in the Russian government, which following the success of this experiment would consider using this asset as one of the exclusive means of purchasing its mining resources.

The token would be used to buy the Ultra-servers, no other means of payment would be allowed. The token will also represent the health of the project, as the number of server sales will impact the price of the currency in the market.

In Summary

The Blockchain solves the four intrinsic blockages of the banking sector. Namely the slowness of operations, the progressive and instantaneous non-traceability of financial transactions and the very expensive transfer costs and systemic isolations.

However, the Blockchain itself has another problem: The more users there are, the heavier it becomes. Two solutions are possible:

• Create a new Blockchain information micro-compression language to reverse the bloat process.
• Develop servers 100 times more powerful than those available and at average market costs. MIR will finance this work and make available to the banking system the first models of a supreme Blockchain in open source.