MiamiCoin Going Mainstream ‘Quicker Than Bitcoin,’ Mayor Suarez Says — CoinDesk

MIA runs on the Stacks protocol, which in flip runs on high of the Bitcoin community. Folks can “mine” MIA by sending STX, the native token of Stacks, to a wise contract, which forwards 30% of these contributions to a pockets reserved for town. Final month, town voted to just accept these funds, now price $7 million. Suarez mentioned Thursday the challenge is producing over $2,000 each 10 minutes for the municipality.

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