KCN: DAVOS: PROJECTS THAT ARE READY TO CHANGE THE WORLD

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World Economic Forum in Davos. the place where the future is being built.

Today we want to talk about the project, which was included in the top 20 projects that are ready to change the world right now, speakers at the 2020 World Economic Forum in Davos. Not for action, but for reflection. One of the 20 projects in Davos was the MINIMA project. MINIMA is a Proof-of-Work (PoW) backed base layer protocol secured by collaborating users, not competing miners. A blockchain designed to be lean and compact so that everyone can run a complete – mining and validating – node on their mobile phone, just like a regular messaging app. Features MINIMA: – TX-PoW allows co-operating users to secure the chain, rather than competing miners. – Keeps the total cumulative PoW without requiring the storage of every block. – Users prove the existence of their coins without all users having to store all data. MINIMA blockchain is designed for mobile phones. The world is changing right now. Stay with us. See you soon!

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