Mina Research Hub | MINA information, history and analysis
Mina Protocol is described as the lightest blockchain in the world because it can keep the blockchain size at 22 KB regardless of how much data is stored and despite scaling, instead of accumulating hundreds of GB in a row like Bitcoin or Ethereum. Mina Protocol solves the problem of current blockchains: the blockchain capacity is too large, and the size is constantly increasing, making the authentication costs expensive.
Mina Protocol launched in June 2017. The founding team includes software engineers and computer scientists from prestigious universities such as Stanford University, Harvard University, and NYU. Members worked at Coinbase, Ripple, Cosmos CoinList, Zcash Foundation, Terra, etc.
MINA is a utility token in the Mina Protocol ecosystem. MINA is an inflation token with no total supply limit and is used for the following purposes:
- As an inflation currency, users can hold MINA to participate or be authorized to receive their share of the inflation rate.
- As an incentive for newcomers to join the network and become loyal contributors to Mina’s ecosystem.
Mina Protocol announces testworld mission 2.0 and mainnet upgrade progress
Lightweight blockchain protocol Mina Protocol has released the latest news on Testworld Mission 2.0 and the progress of the Mina mainnet’s major upgrade.
Testworld Mission 2.0 is the next step towards Mina’s major upgrade that will bring easier zkApp programmability to the Mina mainnet.
Token Spotlight: Mina Protocol (MINA), the world’s lightest blockchain project
Specifically, by design, the entire Mina blockchain is about 22KB in size — the size of a few tweets.
Therefore, the Mina network works by creating extremely small blocks with high processing speed, thereby having both high security and a huge role in storing information.
Details: https://bit.ly/3shzIjZ
MINA surges 90% as Upbit lists MINA for KRW trading
MINA has surged 90% over the past 24 hours. It happened as the largest crypto exchange in South Korea announced the listing of this cryptocurrency.
Mina Protocol announces Mina Navigators zkApp grant program
The zkApp grant program will distribute 6 million MINA tokens as grants from October 2023 to April 2024.
The program allows ZK developers to participate in setting new standards and challenging builders to create and iterate the Mina ecosystem while contributing to it.
Mina Protocol raise $92 million from Three Arrows, FTX and others
The Mina Ecosystem, a group representing several teams behind the privacy-focused blockchain protocol Mina, has raised $92 million in a token sale and plans to use the funds to attract more software developers.
Three Arrows Capital and FTX Ventures co-led the raise, with Alan Howard, Brevan Howard, Amber Group, Blockchain.com, Circle Ventures, Pantera Capital and others participating, according to a statement from the Mina Ecosystem.