Minter

Type

L2 solution based on Delegated Proof-of-Stake with ability to issue custom coins and exchange them for BTC, ETH or other issued coins.

Tx Cost

1 BIP for simple "Send" transaction (~1500 gwei as of 2021/01/14).
24h average transaction fee (as of 2021/01/14) -> 9.89 BIP.

Fees for other transactions: https://www.minter.network/docs#commissions

Finality

5 seconds on average. Actual speed may vary depending on count of validators, their computational power, internet speed, etc.

Consensus

Delegated Proof-of-Stake (DPoS) consensus protocol. The blockchain utilizes Tendermint Consensus Engine, which relies on a set of validators that are responsible for committing new blocks into the blockchain. Validators are determined by who has the most stake delegated to them and their number is limited.

$ Efficient

YES.
DPoS protocol implies low energy requirements โ€“ lower than PoW or PoS (see here). Low-end to mid-range HW is recommended to run validator's node. 45 validators provide enough resources for at least 1000TPS (as of January 2021).

Max TPS

~1000 now, 5000-10000 at the end of 2021.

Additional info

Project site
Whitepaper
Medium
Twitter
Facebook
Reddit

Reddit Submission Link

https://www.reddit.com/r/ethereum/comments/i28jne/minter_network_submission_to_the_reddit_scaling/