What is Themis (MIS) | What is Themis token

Themis Protocol？

Themis provides a whole set of technical solutions, which mainly focuses on random number oracle, in-chain asset price oracle, computational oracle and other application scenes, including mortgage assets becoming the provider of data, identification verification, preventing attack algorithm, verifiable random function VRF, arbitration protocol and other modules, which constitute a set of complete Themis-Protocol.

Data provider

Data providers need to ledge Themis native token to acquire the qualification for participation. They are mainly responsible for providing various data, such as verifiable random number and in-chain asset price. If untrustworthy data are provided, token will be confiscated as the rewards for verifiers and arbitration nodes. For correct data, data providers will acquire mining rewards. The more pledge, the more rewards.

Data verifier

Data verifiers need to pledge Themis native token to acquire the qualification for participation. They are mainly responsible for providing various data to data providers for verification and questioning, and providing new data. Such process can be conducted repeatedly that the data provided by data verifiers can be verified and questioned again and again. For correct data, data verifiers will also acquire mining rewards.

Arbitration node

Arbitration nodes conduct arbitration and form final results for the question proposed by data verifiers. If the data provided by data provider in any round are untrustworthy, the native token pledged by such provider shall be eliminated and confiscated as the reward for verifiers and arbitration nodes.

Random number oracle

Random numbers are mostly applied in social public service, lottery
activities, gambling products, decentralized games etc. Just, fair and
effective random number mechanism of Themis can ensure the
randomness of products, avoid attack, and allow users to participate in
fair and transparent environment.

Offer for assets

Themis supports the offer for multi-asset price, and can be
applied to various Defi products, such as decentralized
transaction, self-settled mortgage loan, and products of futures
and options.

Verifiable hashrate

With computations exceeding the upper limit of in-chain service fee,
consuming a lot of computation time, and limited in-chain storage
capacity, Themis may put the computation and the computational data
out of the chain, and conduct checking computation and recall by recall
mechanism by verifiable mechanism, so as to solve these problems.

MIS Pledge quotation

Notes on Pledge Mining:

1. Please first download the metamask browser plug-in and backup the private key, mnemonic words and other information.

2. After installing the metamask plug-in, when users enter this page, metamask will be automatically started. Users need to log in and authorize DAPP and metamask to link

3. Users shall ensure enough MIS and eth in the metamask account (mainly used as service charge) before pledge4. Before the pledge, users shall ensure that the token authorization of the pledge contract has been carried out on the metamask account before pledge mining

5. Users click the pledge mining button to input the pledge quantity and other relevant information. Click confirm to carry out pledge mining

6. The extraction of the pledge mining needs to wait for 9600 blocks. The extraction will return both the users pledged MIS and mined MIS to the metamask account at the same time

7. Before the extraction of pledge mining, the user cannot carry out the next mining. If users want to pledge mining for many times, they can establish multiple accounts through metamask and use multiple accounts for pledge operation

How and Where to Buy Themis (MIS)?

MIS has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy MIS

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since MIS is an altcoin we need to transfer our coins to an exchange that MIS can be traded. Below is a list of exchanges that offers to trade MIS in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase MIS from the exchange.

Exchange: Uniswap (V2), HBTC, CoinTiger, and Hotbit

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once MIS gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex ☞ Huobi ☞ MXC ☞ ProBIT ☞ Gate.io ☞ Coinbase

Would you like to earn MIS right now! ☞ CLICK HERE

Looking for more information…

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