MintMe Coin has been created with a clear purpose: to secure DApps using normal and low-end CPUs. In order to succeed at that purpose, MintMe Coin applied a custom made version of the Lyra2 hashing algorithm.
MintMe Coin conceives the community of website users as the processing grid for applications. The protocol is constantly being revised in order to avoid exploitation with ASIC, thus keeping well-balanced block difficulty and device performance. There are over 1.5 billion websites, which are delivering millions of services every second; through MintMe Coin each of those sites could be securing DApps.
One of the main limitations for any person willing to mine is to own hardware according to the block difficulty of the blockchain. This usually translates to high-end machines (with cutting edge CPU & memory components) and a stable connection while they work. This approach is limitative both on the usual economic assets of users and the flexibility of connections they have access to.
MintMe Coin doesn’t require a particularly good hardware. As long as the device has a processor, it will count on a percentage of unused CPU power and deploy the web miner, which is executed asynchronously. This allows users to mine from a good set of devices like a desktop computer, smartphones, or even those connecting with IoT.
Besides the possibility of mining coins from almost every internet-connected device, MintMe Coin is botnet unfriendly, as all transactions made on it are public and trackable, a condition that also guarantees that no illicit activities could find a hideout here.