Minima Global - True Decentralization, a Blockchain For All

There is currently more crypto projects than every, no surprise there as blockchain technology can accomplish so many things in so many areas. Its a surprior tech many times, but blockchains will also face their own difficulties and in blockchain tech is this difficulties often described as the "blockchain trilemma". To both secure a fully scalable blockchain will keeping it decentralized is hard, its a delicate balance. Some succeeds better than others in this area, but one blockchain who has the possibility to solve this is Minima as it uses a very unique approach against its competitors.

I was sold immidietly after I finished the whitepaper, I will in this article explain the opportunities of Minima and how it works and how it could give you a add-on to your economy in the future for running a node which I will guide you how to do. 

Get To Know Minima - An Overview 

Minima will become a blockchain fully decentralized and driven network by the community operating 1 million nodes, a node which you can run thru you mobile with simplicity. The network consists of four layers, all having their own unique features mandatory for the network.

Layer 1, called Minima: Is the chain for on-chain value transfers. It's a P2P (Peer-to-Peer) communication system, were all transactions are processed by all nodes in the network.

We also have a sub-layer called Maxima: Is's the layer for information transfers off-chain. Its among other things a point-to-point transfer for example messengers between connected nodes/peers.

Layer 2, called Omnia: Is the fast and scalable chain. This is the chain that processes instant transactions P2P (Peer-to-Peer). It creates bi-directional channels for payments, this creation makes the transactions "instant". It can be compared to Bitcoin's lightning network.

Layer 3, This is the layer for Web3 applications (MiniDapps). Here do we have full decentralization and the "MiniDapps" are built upon Minima's functionalities (using all other layers).

The total supply of Minima coins is 1 billion, this is the limit and no more Minima coins will ever be created again. The allocation of this coins is pre-allocated, were you as a person can earn/get Minima coins in 3 ways (Public sale, running a node or developer incentives) this allocation has 51% of all Minima coins. The remaining 49% is for the team and advisors but also for seed and private rounds investors. 

Minima reach decentralization thru the large volume of nodes but also thru the mobile-native structure which enables mobile phones to run the node application, a structure highly scalable. This is a smart move, as nearly anyone on the planet has the opportunity to run a node this also makes more people to actually be a part of the network by contributing to it by this also care more about its development. 

How To Run a Node And Earn Minima Coins

This is the easiest part ever, demanding no earlier experience about nodes whatsoever. You just register the information needed  (your phone number included) within the link here: https://incentive.minima.global/account/register?inviteCode=1D2ATWIC

After you have registered within the link will you copy your "Incentive ID" which you are given. After this can you download the app (The node application) from Google Play here: https://play.google.com/store/apps/details?id=com.minima.android&hl=en&gl=US when the app is downloaded and installed just open the app and paste your "Incentive ID" within the app. Congratz! you now run a node on Minima Network and earn Minima coins daily! (If you don't have an Android-based phone, read below)

You cannot run the app (node) from iPhone yet, but if you truly want to run a node and earn Minima Coins are you able to run the node on your computer as well. You can run the node application for computers on Windows, Mac, Linux Desktop and Linux VPS. How to get the node running on your computer can you read about here: https://docs.minima.global/docs/runanode/get_started_in_3_steps

Roadmap (From 2021 and forward)

As we can see from the roadmap is the public pre-sale soon as well as the upcoming mainnet in Q3 (The third quarter) this year. This is a new blockchain which i have huge hopes in and I think will succeed enormously.

I hope you liked the article and learned something about Minima and hopefully start a node too, earning some upcoming Minima Coins!

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