Mina (MINA)

Table of Contents

About Mina

Mina is building a gateway between the real world and crypto — and the infrastructure for the secure, democratic future we all deserve.

Mina is the world’s lightest blockchain, powered by participants. Rather than apply brute computing force, Mina uses advanced cryptography and recursive zk-SNARKs to design an entire blockchain that is about 22kb, the size of a couple tweets, ushering in a new era of blockchain accessibility.

With its unique privacy features and ability to connect to any website, Mina is building a private gateway between the real world and crypto—and the secure, democratic future we all deserve.

After 4 years of hard work, the O(1) Labs team and the Mina community successfully launched mainnet in 2021.

Watch: Youtube video series dedicated to explaining Mina concepts in simple ways

Trivial Fact: The project was rebranded from Coda Protocol to Mina in October 2020.

Mina Foundation

Mina is stewarded by the Mina Foundation, a public benefit corporation headquartered in the United States. The Foundation supports the protocol by issuing grants to third parties that make significant contributions and by maintaining & managing community assets.

Read: Mina Foundation 2021 Transparency Report

MinaResearch

MinaResearch was launched by a group of Mina community members, as a forum for ecosystem participants to propose new ideas and share their thoughts on proposals. There is also a section for protocol changes, called Mina Improvement Proposals (MIPs).

Major Developments

  • Launched zkIgnite. Mina’s largest grants to date. [Nov 2022]
    • 3-month program to support projects building zkApps and tooling on Mina Protocol.
    • $500K USDC and 500K MINA is available in funding for top projects
    • Cohorts
  • Mina Ecosystem has raised $92 million in a token sale co-led by Three Arrows Capital and FTX Ventures. [Mar 2022]
    • Mina Ecosystem is a collective involving several groups, including the Mina Foundation
    • plans to use the funds to attract more software developers.

✔️ Unique Selling Proposition (USP)

The World’s Lightest Blockchain

By design, the entire Mina blockchain is about 22kb – the size of a couple of tweets. So participants can quickly sync and verify the network.

Resources

Mina

Last updated on 04 May, 2024