Why Minima?
The world’s first completely decentralized blockchain
Everyone running Minima is working together to secure the network. Unlike miners, we are not competing, we are collaborating, as equals. And when everyone is equal the network becomes 100% decentralized.
The only blockchain controlled entirely by its users
With true decentralization comes maximum censorship resistance. Users can transfer value, access information and freely connect with each other without limits. Minima is built on principles of collaboration, participation, empowerment and accountability.
The only blockchain to run in full on a mobile phone
Minima is so small that an entire validating and constructing node runs easily on a single mobile phone. The Minima blockchain doesn’t rely on others to verify, which makes it a uniquely trustless chain.
Decentralization
Minima will attract millions and even billions of users, where everyone can easily run their own validator on their smartphone
and receive rewards for it. The more validators nodes keep on their smartphones, the more secure, decentralized, fast and infinitely scalable the blockchain will be.
Protocol
The Minima protocol is complete from the ground up, containing all the scalability and functionality it will ever have or need. There is no limit to the size of the network that can use it. Impressive isn't it? Therefore, there will be no hard forks or updates in the Minima protocol.
Blockchain
Minima is powered by a validation network like Bitcoin, not a computational one like Ethereum. Computational networks require much more resources to operate than validation networks.
Minima is a blockchain where each individual user is an equal and full participant.
- Everyone runs a Complete node
- Everyone is involved in the construction and validation of the chain
- Everyone needs to agree on everything because everyone is involved in everything.
Scalability
To make Minima a decentralized-scalable blockchain, Minima has created another layer — Maxima which will provide encrypted peer-to-peer exchange of information between 1st and 2nd degree connections in the Minima network. The Minima protocol allows both online and offline transactions. The block size is adaptive and can grow and shrink as the user sees fit.
Security
In order to disrupt the operation of the network, it is necessary to carry out attacks of hundreds of millions, perhaps billions of users. Many orders of magnitude more than current cryptographic solutions. Total decentralization.