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Mina

MINA

  • Layer1
  • Infra
Established Year
2017
Headquarter
United States
Operating Status
Active
Mina Protocol is a lightweight blockchain that maintains a constant size of just 22 kB, regardless of how many transactions are committed to the network. This size enables anyone to operate a node and help secure its network without needing sophisticated computer hardware. The key feature of Mina Protocol is the incorporation of zk-SNARKs, which allows users to confirm they have certain data without revealing that data to each other. The Mina mainnet was launched on March 23, 2021.

Organisation

Financial Portfolio

Funding

Private
9 Investors
$92 M

Investment

LuminaDEX
LuminaDEX
Strategic
N/A
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N/A
$22 M
KYVE
KYVE
N/A
$2.8 M

Recent News

Frequently Asked Questions

What Is Mina Protocol?

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. The project was rebranded from Coda Protocol to Mina in October 2020. To learn more about this project, check out our deep dive of [Mina Protocol](https://coinmarketcap.com/alexandria/article/what-is-mina-protocol). The Mina network has a size of only 22 KB, which is miniscule when compared to Bitcoin’s 300 GB blockchain.