MINA Protocol

MINA Protocol

ICO Ended
4,728 Views
Mina is the first cryptocurrency protocol with a succinct blockchain. Current cryptocurrencies like Bitcoin and Ethereum store hundreds of gigabytes of data, and as time goes on, their blockchains will only increase in size. With Mina however, no matter how much the usage grows, the blockchain always stays the same size - about 22kb (the size of a few tweets). This means participants can quickly sync and verify the network.

This breakthrough is made possible due to zk-SNARKs - a type of succinct cryptographic proof. Each time a Mina node produces a new block, it also generates a SNARK proof verifying that the block was valid. All nodes can then store the small proof, as opposed to the entire chain. By not having to worry about block size, the Mina protocol enables a blockchain that is decentralized at scale.
8.2
TOTAL SCORE
7.3
ICO PROFILE

(weight: 45%)

7
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
ICO Time: 13 Apr 2021 - 23 Apr 2021
Country: USA
Token info
Ticker: MINA
Platform: Ethereum
Token Type: ERC-20
Available for sale: 75,000,000 MINA (7.5%)
Total supply: 1,000,000,000 MINA
Financial
ICO Price: 1 MINA = 0.25 USD
Accepting: ETH or USDT
Soft cap: 6,250,000 USD
Hard cap: 18,750,000 USD
June 2017
Mina development begins with first implementation of consistent-sized blockchain
March 2018
Created Sharky, a programming language for verifiable commutation
June 2019
Testnet phase 01 beta launches
October 2019
Testnet phase 02 focuses on network durability and scalability
May-June 2020
Testnet phase 03 focuses on improving the node operator experience
November 2020
Testnet phase 04 focuses on verifying the economics of the protocol
December 2020
Adversarial Testnet focuses on securing vulnerabilities
March 2021
Mainnet launches along with Mina Token
Screenshots taken on 23 Apr 2021
Evan Shapiro
CEO & Co-Founder
Participates in a number of projects
Izaak Meckler
CTO & Co-Founder
Participates in a number of projects
Tess Rinearson
VP of Engineering
Participates in a number of projects
Sean Inggs
Fund Director and Joint Legal Counsel, Internation Management Services
Participates in a number of projects
Josh Cincinnati
Mina Foundation Board Member
Participates in a number of projects
Jill Carlson
Principal, Slow Ventures
Participates in a number of projects

Advisors (0)

HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Host.Games
The Host.games is a platform that allows people to set up their own blockchain powered casino, create custom games and invite players! No costs, no complicated development required – Host a game and start generating profits! The Host.games is built on top of a Host Protocol – a next-generation blockchain protocol that supports unlimited scalability which in-turn enables and sustains millions of operating DApps. With Host protocol Host.Games can support viral growth without reaching the limit because of scalability issues!
Upcoming
Libra Credit
CRED, formerly Libra Credit, is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain.
Upcoming
Safein
Safein is a blockchain-based single sign-on identity management platform ensuring security, comfort and trust for our customers. With Safein, users can easily demonstrate their true identity online where needed and control the extent of their personal data given out to various service providers.
Upcoming
Mind AI
Mind AI is an artificial intelligence engine that is capable of human-like abstract reasoning without the need for big data or supercomputers. With its ability to contextualize information and reason, Mind AI is able to generalize knowledge, a feat that no other AI today is capable of. By being able to learn on its own, Mind AI will be able to formulate its own hypotheses and models of how things work, augmenting human intelligence.
Upcoming
Digital Ticks
A First ever Commodity - Crypto Exchange well designed by traders for traders. Digital Ticks Exchange (DTX) is just not another crypto to crypto exchange but is also a semi-algorithm platform provider in its own. DTX plans to cater to all types of crypto assets as well as commodity to crypto assets. DTX would be power packed by a lot of advanced features including all the basic features of an exchange required by a novice trader to a professional trader as well as for a high frequency trader. In terms of security DTX is taking extra precautionary measures to avoid any kind of hacks like DDoS attacks, phishing attempts and by also performing vulnerability assessments and penetration testing. DTX has installed robust technologies behind the scene that could handle heavy volatility of the crypto markets as well as commodity markets which can handle upto 1,000,000 orders per second. Digital Ticks Exchange team believes into robust technology, ahead of industry standards in terms of providing customer service to its stakeholders as well as traders. Digital Ticks Exchange team ensures all its traders to have a smooth and user friendly trading experience. Digital Ticks Exchange would not levy any transaction charges for first few months of inception thereby giving traders to trade on zero transaction charges. DTX would give volume-based incentive for high frequency trader (HFT) which would give them scope for retaining higher profitability in the trade.
Upcoming
BlockStorage
BlockStorage is a protocol built to connect and abstract all communications with the blockchain, simplifying the user’s life. The current state of cloud storage, with dozens of reports of security issues, the overall perception of lack of privacy, along with the usual high monthly fees calls for a new kind of storage service, one that guarantees data privacy at lower (or no) costs. From those concerns, we envisioned BlockStorage, a storage protocol based on the principles of ease of use and privacy. Built with the casual user in mind, it allows anyone to store and recover any type of file on any existing blockchain, without cost (besides the transaction fee to store the file). BlockStorage leverages blockchain technology to ensure the safest and most transparent storage experience. Our protocol allows users to seamlessly upload files to the blockchain of their choice while taking care of the data encryption and the respective blockchain protocol. And, because of the inherent nature of blockchains, it assures that the data will never be lost. In short, it will store the files for life without any recurring costs.