bitcoin
Bitcoin (BTC) $ 21,317.00
ethereum
Ethereum (ETH) $ 1,223.91
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 239.38
xrp
XRP (XRP) $ 0.366678
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.50308
solana
Solana (SOL) $ 41.44
polkadot
Polkadot (DOT) $ 8.21

Minima Accelerates Towards Mainnet, With More Than Half of Bitcoin’s Full Node Count

ZUG, Switzerland, 15th November, 2021,


Minima, the completely decentralized protocol designed for mobile devices, has reached a new milestone of 7,000 Complete nodes, distributed all over the world, in more than 100 countries. 

As a result, Minima’s completely decentralized network now has more than half of ’s Full node count, which currently stands at approximately 11,800 nodes. With the recent growth in network adoption, Minima anticipates launching its Mainnet in 2022. 

Minima’s brand new consensus mechanism, known as Transactional Proof-of-Work, enables all users to run a Complete node on their mobile device, as both a validator and a block producer of the chain, to ensure everyone is involved in the censorship resistance of the network. This is in contrast to ’s ‘full nodes’, which only validate its chain, and therefore, play no part in censorship resistance.  

With such an innovative design, Minima aims to become the most decentralized, immutable, and scalable protocol on the market, and by doing so, enabling developers to build truly decentralized applications, for a growing number of users across a vast range of potential use cases. 

Since the Minima network is entirely community-owned and operated, the energy consumption used to secure its network will be decentralized across substantially more network participants than any other blockchain. This means that users can choose to source their energy in more sustainable ways, as the cost of doing so is negligible when compared to centralized mining operations. 

Thanks to the Minima Incentive Program, users can start earning rewards immediately by downloading the Minima app on an Android mobile, or running Minima on their PC, Mac, or Linux. Anyone who wants to earn additional Minima coins can also participate as a tester for the app, or build a decentralized app for the ecosystem. The Minima Incentive Program can be joined by applying to the Waiting List.  

“Minima believes that everyone should be able to run a Complete node, to ensure the network remains completely decentralized, now and into the future. For this reason, I’m excited to announce 7,000 Complete nodes today, the first major milestone on our journey towards a million nodes”, says Hugo Feiler, CEO of Minima. “We are grateful to our community of early users and testers, who are making our Mainnet launch in 2022 a reality.” 

About Minima 

Minima was founded in London in 2018. It has created an ultra-lean protocol that fits on a mobile or IoT device, allowing every user to run a full constructing and validating node. By adopting this approach, Minima has created the possibility of operating a completely decentralized network that is scalable and inclusive, while remaining secure and resilient.

Contacts

CMO

Share:

Leave a Reply

Your email address will not be published.

Recent Highlights

USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 21,317.00
ethereumEthereum (ETH)
$ 1,223.91
tetherTether (USDT)
$ 1.00
xrpXRP (XRP)
$ 0.366678
litecoinLitecoin (LTC)
$ 55.82
dogecoinDogecoin (DOGE)
$ 0.067555
bitcoinBitcoin (BTC)
20.280,14
ethereumEthereum (ETH)
1.164,38
tetherTether (USDT)
0,952311
xrpXRP (XRP)
0,348843
litecoinLitecoin (LTC)
53,10
dogecoinDogecoin (DOGE)
0,064269
bitcoinBitcoin (BTC)
17,507.44
ethereumEthereum (ETH)
1,005.19
tetherTether (USDT)
0.822111
xrpXRP (XRP)
0.301149
litecoinLitecoin (LTC)
45.84
dogecoinDogecoin (DOGE)
0.055482

Recent Highlights