Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization
Mina is an L1 blockchain based on zero-knowledge proofs (ZKP) with smart contracts written in TypeScript. It is the first cryptocurrency protocol with a succinct blockchain (22KB). Mina Protocol uses zero knowledge proofs to build a more ideal blockchain architectureMINA is a token used by the Mina Protocol to execute network transactions. Users can exchange MINA like other cryptocurrencies, or choose to mortgage their MINA to earn rewards and protect the network.
The founder of Mina is Evan Shapiro, CEO of O(1) Labs. He and his team have been working on the development of Mina, including building a secure, democratic computing infrastructure and moving humanity from Web 2.0 to Web 3.0.The timeline begins on April 1, 2019 and ends on March 18, 2022. The events include:April 1, 2019: Mina raises $15 million in Series A financing.October 21, 2020: Mina raises $10.9 million in a strategic financing.March 23, 2021: Mina goes live on the main website.
Above are only for introduction, not intended as investment advice.
Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization
Mina is an L1 blockchain based on zero-knowledge proofs (ZKP) with smart contracts written in TypeScript. It is the first cryptocurrency protocol with a succinct blockchain (22KB). Mina Protocol uses zero knowledge proofs to build a more ideal blockchain architectureMINA is a token used by the Mina Protocol to execute network transactions. Users can exchange MINA like other cryptocurrencies, or choose to mortgage their MINA to earn rewards and protect the network.
The founder of Mina is Evan Shapiro, CEO of O(1) Labs. He and his team have been working on the development of Mina, including building a secure, democratic computing infrastructure and moving humanity from Web 2.0 to Web 3.0.The timeline begins on April 1, 2019 and ends on March 18, 2022. The events include:April 1, 2019: Mina raises $15 million in Series A financing.October 21, 2020: Mina raises $10.9 million in a strategic financing.March 23, 2021: Mina goes live on the main website.
Above are only for introduction, not intended as investment advice.