Former Monero developers present Tari blockchain
Former Monero devs launch Tari blockchain with SHA3x and RandomX mining algorithms.
Former Monero developers have launched Tari, a new standalone proof-of-work blockchain that allows users to mine its native XTM token using standard Mac or PC setups.
The network employs SHA3x and RandomX algorithms and offers a visual mining experience through its flagship app, Tari Universe, reports Crypto News.
The app features real-time feedback, power usage controls, and mining optimization settings, aiming to simplify the mining process for casual users.
Emission Model and Tokenomics
Tari’s initial token supply is capped at 21 billion XTM, with 30% pre-mined and allocated to infrastructure, community programs, contributors, and early adopters. The remaining 14.7 billion XTM is available for public mining, with rewards decreasing per block over 12 years.
Additionally, a 1% tail emission will maintain miner incentives post-distribution. The project also employs a two-token system: XTM powers the base layer (Minotari), while XTR functions on the second layer (Ootle), with users able to convert XTM to XTR through a demand-based “Throttle” mechanism.
Privacy and Ecosystem Development
Tari prioritizes privacy, making transaction data shielded by default, and plans to leverage its two-layer structure to support private asset issuance and decentralized applications. The project has already attracted over 700,000 airdrop participants and is positioning itself as a more user-friendly alternative to traditional mining setups.
However, with long vesting periods and a gradual reward reduction model, Tari’s ability to maintain user interest and network security will depend on its ecosystem’s continued development and adoption.
Recently we wrote that Cycle Network has announced its support for the upcoming Ethereum Pectra upgrade, scheduled for activation on May 7, 2025.
