By design, the entire Mina blockchain is about 22kb1 – the size of a couple of tweets. So participants can quickly sync and verify the network.
Other blockchain protocols are so heavy they require intermediaries to run nodes, recreating the same old power dynamics. But Mina is light, so anyone can connect peer-to-peer and quickly sync and verify the chain. Built on a consistent-sized cryptographic proof, the blockchain will stay accessible—even as it scales.
With Mina, anyone who's syncing the chain is also validating transactions like a full node. Mina's design means any participant can take part in proof-of-stake consensus, have access to strong censorship-resistance and secure the blockchain.
Today, users have no alternative to handing over their data to powerful players in exchange for participation in the modern world. But Mina’s SNARK-powered decentralized apps (Snapps) keep users in control by validating and sharing proofs about their data — rather than the data itself. Even to counterparties. And with logic and data computed off-chain and verified on-chain, Snapps make scalability simple and large computations efficient and cost-effective.
Other blockchain protocols don’t interact with the internet, limiting their applications’ scope and utility. But Mina’s Snapps can privately interact with any website and access verified real world data for use on-chain. So developers can leverage the world’s information in computing and decision-making to change the way we live and work — without ever compromising the privacy of users' sensitive data.
Other blockchains are run by powerful ecosystem intermediaries. But Mina is powered by participants, with an uncapped number of block producers. Our inclusive community unites people around the world with a passion for decentralized blockchain. In fact, we have one of the largest and most active communities of any project launched in the last two years.
Why did we create the world's lightest blockchain? To rebalance the scales and give anyone with a smartphone the power to participate, build, exchange and thrive.
As CEO of the Mina Foundation, Evan Shapiro will lead the organization's mission to support the ecosystem and development of Mina Protocol with O(1) Labs continuing to support the development of Snapps as Mina’s ecosystem partner.Read more
Securities.io, a platform dedicated to analysis and news on Defi, digital assets and fintech, interviewed Evan on how Mina Protocol started and where it’s going.Read more