The Most Decentralized Blockchain - MINIMA

In this episode, I talk with Paddy (aka Spartacusrex), the CTO, and he introduces my long-time favorite blockchain called Minima Global. Blockchain that runs on your phone or any edge device. Of course, we also talk about his journey into crypto/blockchain world, the early adoption of Bitcoin, and the appeal of decentralization.

Paddy explains how Minima was started and the importance of decentralization in their project. We talk about the business model of Minima and the launch of the network, the supply cap of Minima, and the minimum number of users needed for the successful decentralization of the network, including the full decentralization of Minima's servers, which happened in Jan2024, and the use of Minima in cars or writing MiniDapps on top of the network.

It seems that big things are coming for Minima, so check it out and get it for your phone, computer, or both.

Takeaways

• The success of a blockchain project depends on the number of users and the level of decentralization achieved.

• Minima Network aims to provide a user-friendly experience and make blockchain technology accessible to everyone.

• It's better when people are not paid to secure the network, but rather, everyone has to provide a node for others to be able to participate in the network.

Chapters

00:00 Introduction to Minima Network

02:24 Paddy's Journey into Blockchain

04:07 Early Bitcoin Adoption

06:23 The Appeal of Decentralization

08:33 Starting Minima Network

12:36 The Importance of Decentralization

14:41 The Business Model of Minima

21:29 The Obviousness of Minima's Approach

23:36 The Launch of Minima

26:11 The Supply Cap of Minima

27:30 The Minimum Number of Users for Success

28:18 The Importance of User Experience

29:40 The Decentralization of Minima's Servers

30:47 The Use of Minima in Cars

34:14 Working with Car Companies

35:48 The Future of Minima

39:26 Anyone Can Write MiniDapps

41:13 The Importance of Community

42:26 Closing Remarks

Share Web3 Magic Journal & Podcast

… see it on the web please

Subscribe now

• Minima on X: https://twitter.com/Minima_Global Minima

• web: https://www.minima.global/

• Minima TG: https://t.co/qtV1il8DuS

COLLECT THIS EPISODE

• Mint on Zora - http://tinyurl.com/w3m-mint
  

FOLLOW US:

• Follow Web3Magic (X) - https://twitter.com/Web3MagicHQ

• Follow BFG (X) - https://twitter.com/aka_BFG 

• Follow BFG (Farcaster) - https://warpcast.com/bfg

• Follow Web3Magic channel (Farcaster) - https://warpcast.com/~/channel/web3magic 

• Subscribe on YouTube - http://tinyurl.com/w3m-youtube
  Subscribe on Apple - http://tinyurl.com/w3m-apple
  Subscribe on Spotify - http://tinyurl.com/w3m-spotify 

• And very nascent Instagram for Web3Magic: https://www.instagram.com/web3magic/

OFFER:
Want to get help with launching your bespoke podcast to reach new audience for your project or company: check out our MagicPod Guy service: http://tinyurl.com/MagicPodGuy

I don't want to miss next cool episode

That's it, friends. I hope you enjoyed the episode, and let me know what you think on Twitter (X) or Farcaster. Till next time … keep it colorful!