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MINA Protocol

ICO Ended
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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.
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ICO PROFILE

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SOCIAL ACTIVITY

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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: 1,000,000,000.00 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
Takes part in this project only
Izaak Meckler
CTO & Co-Founder
Takes part in this project only
Tess Rinearson
VP of Engineering
Takes part in this project only
Sean Inggs
Fund Director and Joint Legal Counsel, Internation Management Services
Takes part in this project only
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)

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