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General FAQ

What is the MMX blockchain?

Section titled “What is the MMX blockchain?”

In-depth technical, read whitepaper.
Technical breakdown, read reference.
Light introduction, read article.

How much MMX per block reward?

Section titled “How much MMX per block reward?”

Usually around 0.5 MMX + transaction fees.

To get the full picture. Read about Dynamic Supply, Reward Control Loop and Minimum Block Reward in whitepaper.

Can I farm MMX with Chia plots?

Section titled “Can I farm MMX with Chia plots?”

No.

MMX was written from scratch by Max. He also reworked plot format to make it orders of magnitude more resistant to compression techniques that hit Chia.

For an introduction to MMX plot format, read this article.

How much MMX for a given TB farm?

Section titled “How much MMX for a given TB farm?”

Formula (simplified):
(farmTB / netspacePB) * 4.32 = MMX (per day)

Example (250TB farm, Netspace 170PB):
(250 / 170) * 4.32 = ~6.35 MMX (per day)

Formula (expanded):
(farmTB / (netspacePB * 1000)) * (8640 blocks per day * 0.5 MMX)

Is there a pre-farm?

Section titled “Is there a pre-farm?”

No pre-farm, no pre-mine, no VC funded development.

What was were 100% open and communicated incentivized testnets. Starting with testnet8, to reward community providing a realistic environment through initial development.

List of incentivized testnets rewards are all public on GitHub (testnet8/rewards.txt, data). Used to create mainnet genesis. No hidden pre-mine written into it, only community incentivized rewards.

As a sidenote, developers had less than 1% of netspace through testnets. All covered in whitepaper. Including testnet rewards, written into mainnet genesis. Over 99% of it to community farmers.

Is there a dev fee?

Section titled “Is there a dev fee?”

There is a project funding fee.

It is a 1% fee on transaction fees, not block reward. To fund continued development of MMX. More nuances to how it works, read Project Funding section of whitepaper.

Can I help by donating to MMX?

Section titled “Can I help by donating to MMX?”

Yes. Separate from the project funding fee, Max has set up a donation address (news post):
mmx12wa6h5j7nh9djc0hjqva8ke4m5zgfxjy3dvsj7n9kcrj3luhpyhqx93uud (view)

  • To help with exchange listings, marketing, bug bounty, etc

Donated funds will not be sold now. But rather used as liquidity, bug bounty rewards, or sold later at higher price.

What is the burn address of MMX?

Section titled “What is the burn address of MMX?”

Burn address of MMX:
mmx1qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqdgytev

This is the zero/null address that no one controls, and no private key exists. Any MMX or other assets sent to this address are not retrievable, gone forever. Or ‘burned’ as it is often referenced.

Where can I find MMX branding assets?

Section titled “Where can I find MMX branding assets?”

Go to mmx-assets repository. Basic info, logo and assets folders: