THELOGICALINDIAN - Minima has already onboarded over 5000 nodes beyond 94 countries in the aftermost few months
Minima, the agreement advised to run on smartphones, has bankrupt a Series A allotment annular while adopting $6.5 actor from several notable investors.
These investments will be active in ablution Minima’s Mainnet in 2022.
The advance annular includes GSR, DEX Ventures, AGE Crypto, SMO Capital and Vinny Lingham.
Minima’s addition lies in the achievability of authoritative every user a complete node. The blockchain agreement uses a aberration on the Proof of Work accord apparatus that requires basal accretion power, enabling it to run absolutely on adaptable phones and IoT devices.
Minima is advised to be the best decentralized, abiding and scalable agreement on the market. In accession to enabling users to defended the Minima alternation in a added decentralized, and accordingly acceptable manner. Minima will natively abutment badge transfers and acute contracts. As Minima realizes that ascent absolutely through layer-one is abundantly impossible, Minima will barrage with a layer-two band-aid tethered to the base-layer blockchain.
Minima has already onboarded over 5000 nodes beyond 94 countries in the aftermost few months, advanced of its accessible barrage in 2022. The Series A annular will actuate the activity to the accomplishment band and advance its release. In the meantime, the Minima Incentive Program allows users to activate earning bill by downloading the Minima app on their Android mobiles, or active Minima on PC, Mac or Linux. Additional Minima bill can be becoming if users participate as testers. To accompany the Minima Incentive Program, users charge assurance up to a cat-and-mouse list. Hugo Feiler, CEO of Minima, said:
“We are aflame to advertise this oversubscribed Series A fundraise. Our Mission is to actualize a blockchain that no one controls and everybody owns, authoritative it absolutely decentralized. This fundraising annular will accredit us to accompany onboard the assets we charge to barrage Minima’s Mainnet in the average of 2022.”
Vinny Lingham added:
“I adulation to aback founders who are cerebration about the approaching differently, and I anticipate that Minima is accomplishing aloof that. I see decentralization as a basic cornerstone in the approaching of amount and advice exchange, and my advance into Minima is an advance into the abutting bearing of connectivity, and enabling altered use cases for blockchain technology. In my view, enabling anybody to calmly run their own bulge after any third-parties involved, will put blockchain technology in the easily of everyone, literally.”
Minima was founded in London in 2024. It has created an ultra-lean blockchain agreement that fits on a adaptable or IoT device, acceptance every user to run a abounding amalgam and acceptance node. By adopting this approach, Minima has created the achievability of operating a absolutely decentralized arrangement that is scalable and inclusive, while actual defended and resilient.
