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Mina Protocol MINA

Mina is a cryptocurrency designed to limit computational requirements to enable user-friendly apps.
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The Mina protocol was created by O(1) Labs with the goal of optimizing both scalability and decentralization. This is achieved by utilizing zero knowledge proofs to condense the blockchain into a fixed size. Mina is working to make it easy for anyone to participate from websites or mobile phones with intermittent connectivity, making the experience for users easier as well as opening up new possibilities of applications for developers to build.

Mina uses a Proof-of-Stake permissioning mechanism known as Ouroboros Praos to reach consensus, which builds off prior work done by IOHK, the company working on Cardano. It was designed to be simple and allow anyone to participate proportionally to the amount of stake in the protocol. Bandwidth requirements are low to facilitate a high level of inclusivity.

Recent News
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Leading Web3 companies launch $7M challenge to advance zero-knowledge technology
Apr 20 · CryptoSlate · A coalition of 32 leading companies, foundations, and funds have joined forces to launch ZPrize, an industry-sponsored contest offering $7 million in prizes to accelerate zero-knowledge cryptography.
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O(1) Labs Raises $10.9M More for Lightweight Mina Protocol
Oct 21 · CoinDesk · O(1) Labs’ lightweight blockchain project Mina, formerly known as Coda Protocol, has raised $10.9 million in a funding round co-led by Hong Kong-based Bixin Ventures and Singapore-based Three Arrows Capital.
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Coda Protocol Changes Name After Trademark Dispute With R3
Sep 29 · CoinDesk · O(1) Labs-led lightweight blockchain project Coda Protocol is being relaunched under a new name: “Mina.”
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Evan Shapiro: Bitcoin's Stolen Revolution
Aug 09 · CoinDesk · Crypto was supposed to protect us from this, but instead, it’s given us new names with the same misaligned incentives.
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Evan Shapiro: Bitcoin's Stolen Revolution
Aug 09 · CoinDesk · Crypto was supposed to protect us from this, but instead, it’s given us new names with the same misaligned incentives.
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